Is Taking/giving a Dami article is Punishable ? If Yes what is The min. & Max. Panishment for it

That my client is Proprietor of M/s S.K.Trading Co., Nature of business is Commission Agent.( Kacha Arthia ).

1) That the case of I.Tax was fixed for the A.Y : 2007-2008.

2) That in the ITR-4 ( Return ) the assessee has shown S.Creditor worth Rs : 6054365/-. Actuly that amount was excess amount of farmers.

3)That there is no trading in the books of assessee , so no question arise for s.Creditor. Due to not relevent column the amount shown in S.Creditor column.

Can Assessing Authorty fixed the case of commission agent on the ground of S.Creditor ?

i want to know the main diff. between selling price and whole sale price?

What is the difference b/w ARTICLE and SECTION?

Sir , i want to know that what courses can we do along with CA to increase knowledge and package.

Hi all,

we are in media industry, we have entered a BARTER deal with another company. my queries are :

1. we have to raise Invoice ?
2. Service Tax should be paid to the govt.?
3. what is the entry in tally?

regards,

Bhupal

Dear all

I tried to read the AS on Income Taxes but i can't gain any knowledge except deferred tax asset/liability.

I do not know how to present it in financial statement and for the 1st time application of that AS i do not know how to calculate opening balances so please it would be helpful if anybody make me clear in this matter.

Facts :

X, who is a direct exporter purchased 250 sewing machines and leased to a job work contractor,say Y, who inturn, does job work only to that exporter and for none.

Is it possible to claim exemption as per subsection of Sec.4, since there is levy of tax on transfer of right to use any good, but if the same is used "in the course of export of goods out of territory of India", the lease shall be exempted from tax.

hi,i'm a CA final student,
i wanted to learn about dividend policy,is dividend policy covered in our CA final institute material?if yes, under which chapter?
kindly help!!!!

I AM A CHARTERED ACCOUNTANT. DURING THE YEAR 2008 I HAVE ATTENDED 35 CPE HOURS. CAN THE EXCESS OF HOURS CAN BE CARRIED FORWARD? AS PER MY KNOWLEDGE I REQUIRED TO COMPLETE 20 CPE HOURS AND 10 UNSTRUCTURED CPE HOURS BY MADE SELF DECLARATION. KINDLY CLARIFY THE DOUBT?