eranna
02 June 2014 at 17:08

Mistake of er 4

Respected Sir,

Our company chemicals manufacturing company. Now Central excise audit going on. The auditors raised a query "In ER 4 Returns for the years 2011-12 & 2012-13 Commission paid for sales of Manufactured goods is reflected , whereas in your reply you have stated that “ He only promotes our product and canvas for the promotion of the product with some of the prospective buyers. It is not commission paid for sale but it is consideration for promoting our product to a prospective buyer and for which act, we are paying the consideration based on the quantum of purchase made by the buyer.” Hence the Input Credit availed is disputable & can be demandable.
My question is "Sales promotion activities is eligible for Cenvat Credit".But we are wrongly mention in ER-4 returns in columns " Commission on sales". Pl clarify this problem.


C.S. CHANDANI SARUPARIA

What are the provisions and procedure to restore a striken off company according to new companies act.



Anonymous
02 June 2014 at 17:02

Ca-doctor

WHICH DEGREE HAVE GOOD VALUE :

CA OR DOCTOR

PLEASE GIVE ME ANSWER WITH REASON


rakesh sharma
02 June 2014 at 15:48

Tds certificate for property sale

I have purchased property worth 63 lakhs. TDS is properly deducted and request for download TDS certificate is also send to TRACES. File is available in Downloads, but I could not open the file, as the same is password protected. I am unable to get the password. Kindly guide how I can get password to open the TDS Certificate.


AMRUTA RAKATE
02 June 2014 at 15:46

Reverse charge on service tax

HELLO SIR, I AM HAVING ONE BILL CONTAINING LABOUR + MATERIAL CHARGES FOR WORKS CONTRACT ON WHICH NEITHER SERVICE TAX NOR VAT IS LEVIED AS THAT INDIVIDUAL IS NOT REGISTERED UNDER BOTH ACTS.
SO WHETHER WE SHOULD PAY SERVICE TAX UNDER REVERSE CHARGE MECHANISM OR NOT?


Ch. Sai Sudha Mohan

What is the difference between section 80EE introduced this year and 24(b) i.e. deduction in respect of Interest on Housing loan.
Why the 2 sections for the same deduction.



Anonymous
02 June 2014 at 15:26

Applicability

IF SERVICE TAX IS APPLICABLE TO ME AND IF I WILL NOT CHARGE THEN WHAT.....


haris zahir

WHEN CASE OF A PARTNERSHIP FIRM IS PENDING BEFORE CIT(A),AND DURING THE PROCEEDING IT IS FOUND THAT SOME INCOME OF THAT YEAR HAS ESCAPED ASSESSMENT IN THE HANDS OF PARTNER, CAN THE FILE OF THE PARTNER BE OPEN BY GIVING NOTICE UNDER SECTION 148 OF IT ACT KEEPING ON MIND THE FACT THAT TIME LIMIT TO ISSUE SUCH NOTICE IN GENERAL IS ELAPSED.
PLEASE REPLY AS SOON AS POSSIBLE.


sandeep
02 June 2014 at 15:17

For tds

hello sir,
I want to know about that
if my salary is 876000.p.a.
And my investment lic 100000
public provident fund 25000
nsc 15000
and my hra (noida) 84000 p.a.
so what would be tds deduct on p.m. from my salary

please explain briefly currrent


Renuka Thakur

Respected members, I am planning to give both groups of ca final in nov 2014. I have completed all my classes and planning to prepare theory subjects self like law, audit isca. Books of law & audit are not available in market. Will I be able to prepare? i have taken classes earlier and problem is that I am not able to recall subjects like SFM & Costing? Is 4 months sufficient to prepare for both groups?






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