SUPPOSE, IN THE MONTH OF SEPTEMBER I GOT SALARY OF RS. 500000 AFTER DEDUCTING TDS OF RS. 25000. AT THE END OF THE SEPTEMBER I LIABLE TO PAY ADVANCE TAX SUPPOSE RS. 30000 THEN MY QUESTION IS CAN I DEDUCTED RS. 25000 (TDS PAID ) FROM RS.30000 AND BALANCING AMT.OF RS. 5000 PAID TO GOVT.

In revised schedule VI Format,in profit & loss a/c,in expenses head their are two points given: cost of material consumed & changes in inventories.

Please anybody clarify me the same : difference between these two because material consumed includes the effect of Changes in inventories.

Fixation of Salary as per TN Notification carried out. But somebody is telling to fix the basic 40% of gross. Is it correct ? Is there any proof released by Govt ?

if I have taken LIC wealth plus plan in 2010 n I have paid 50000 one time premium & already taken deduction u/s 80c. what if I surrender the policy in 2014??
Earlier deduction allowed should be added back or not?

Can we appeal against the order u/s 200A for short deduction of t.d.s in case of invalid pan but later on the pan has been updated by filing correction statement inspite of which the the notice has been received because more than 2 alphabets and numbers have been rectified in the pan updation?

Dear All,

We are the manufacturer and supplicating materiel to 100% EOU unit with Nill Excise Duty against CT & ARE form.

For same we purchase raw materiel assemble and supply to 100% EOU

My question is can we ask purchaser to give us Nill excise Bill to supply 100% EOU ????

X ( supplier Raw material) ....> Y (Manufacturer).....> Z (100% EOU)

Shall "X" provide invoice Nill Excise duty to "Y" for same product to sell "Z" 100 EOU.

Thanks
Yogesh

In Supply of manpower , security services service provider is propreitor & service receiver is Ltd / Pvt ltd company. & in Legal & professional Advocate is indiviual / firm & service receiver is Mfg company.

So my question is that in above both cases service receiver is able to take cenvat credit ? & if yes plz let's know the procedure.

Waiting for reply.

We have Branch Transfers of more than 60 lakhs in the financial year and no other sales or purchase. Are we liable for VAT Audit under MVAT Act, 2002??

Its going to be my first attempt for ipcc.As i am doing through direct entry i dont have much time to prepare and my attempt is due in nov 2014.Can someone please help me out..

I'm now doing my articleship in chennai. I want to join ipcc coaching class in chennai.my plan is to write exams on may 2015. within two months coaching were going to start please refer me the best coaching center. I heard that Mt educare and prime academy were good but im confused.