A supplier received central sales tax declaration form "C" from his customer after nearly six years. The reason for delay in issuing the form was due to suspension of factory activities on account of labour problems. During this period the supplier had completed his sales tax assessment by paying the difference tax for non-recipt of "C" form. Now that the form has been received, is there any way for refund or for adjustment of the difference tax paid? Is there any time limit? If so what is the maximum time allowed? I request our valued experts and esteemed club members to advise. - Vishvesh

Do the assessee having profit from Intra day trading from capital market need to get their accounts audited as the Intra day trading is to be treated as Business Income? If so, how to fill the form 3CD

Hello Everybody

This is Mohammad Ghouse, I am in CA Finals. I need a clarification on service tax on GTA in the following situation:

Whether a firm incuring transportation expenses for moving its own goods ( & issuing its own Consignment note) need to bear the service tax ?

What I feel is at some point / some one has to bear the service tax in the whole process of moving of goods. In above discussed case since the firm issuing its own consigment note and incurring expenses on its own account i.e., transportation is not done for others goods. In this case is there complete escapement from service tax on GTA.

pl. clarify.

Good Luck & warm reg.

Ghouse

WHETHER THE PENALTY WILL BE IMPOSED UNDER SECTION 271B OF INCOME TAX
ACT, IF THE ASSESSEE OBTAINS THE TAX AUDIT REPORT FROM A CHARTERED
ACCOUNTANT BEFORE 31ST OCTOBER, 2007 BUT IS UNABLE TO FILE HIS RETURN
(ITR 4 OR ITR5 OR ITR6) ELECTRONICALLY OR MANUALLY (AS THE CASE MAY
BE).

i want to ask i had joined pe2 in july 2005
i got attempt of nov 2006
i failed and now joined pcc and articleship on 6th august 2007 . now what is my nearest attempt?
can i give exam in may 2008 or nov 2008 will be my attempt
or thereafter
please clarify

DEAR SIR/MADUM
I AM MUTTU FROM BANGLORE
I AUDITING THE AN GOVT ORGANISATION
IN MARCH 2006 AN ADEVETISEMENT COMPANY HAS CHARGED THE SERVICE TAX @1.83%AND1.54%AS SERVICE TAX MENTIONING (AS GOVT ACT)BUT THEY HAVE NOT MENTIONED THE NOTIFICATION NO
SO MY DOUGHTIS SERVICE TAX IN 2005-06 WAS ONLY 10.24% SO TELL ME
WHY THEY HAVE CHARGED 1.53%AS SERVICE TAX INSTEAD 10.24%?

REGARDS
MUTTU
STUDENT

Myself Puneeit a Final student.
I have been informally communicatted since my PE-1 that its easy to clear exams from small cities than metros as quality of students is better in big cities.......

Is it a myth or reality? pls throw some light.

Can I get to know how many days an article can take leave while pusuing articleship for PCC.

Dear Sirs,
I am an articled student having passed CPT. I have joined for articleship on 2nd may 2007, because the 1st may is holiday.
So, whether i can appear for NOV 2008 exam or not..?
I am much tensed about about this because there is only one day of shortfall.. as this is a holiday.. so whether i can get a chance or not please reply me...
In view of your quick reply..
Thank You..