Hello there,
My query is, is there any limit to write off the balance. in my company's p&l a/c in indirect income, amount written off is seen negative. what does it mean? is it acceptable in audit?

after 3 months my 2 years of articleship going to be complete n I want to go for industrial training can I? N THE PROCEDURE FOR INDUSTRIAL TRAINING?

Dear Sir/ Ma'am,
I have a company (XYZ Ltd.)Details of Net assets of which are as follows:
i)Net Assets as on 2012-13 - Rs. 619,67,173
ii) No. of shares as on 2012-13 is - 10000
iii) Bonus issued on 10.04.2013 is - 1040000

Now my quary is that whether we will give effect of issue of bonus shares while calculating Net Assets Value as on march 31, 2013?

Dear Sir
please tell mecan take cenvet credit on rejected goods on own issue invoice , when all material send back by customer to us and customer have not excise no.

under reverse charge mechanism service provider want to file ST-3. Previously assesse not to get registered.

Respected Sir,

Can you please let us know whether the companies can develop its business plan before registering the company at ministry of corporate affairs.

Your advice will be highly appreciated.

If for example Mr X receives a contract for map designing of Rs. 10,00,000.00 on which he has paid service tax @12.36%. He has sub contracted the said work of Rs. 5,00,000.00 to Mr Y. Is Mr. Y liable to pay service tax on rs. 5,00,000.00 as Mr. X has paid service tax on full amount.

Secondly, if Mr. y is not liable to pay service tax on same whether the said amount will be included in the service tax return

Last year a TCS Challan was wrongly filed in TDS return (26Q). How to rectify this mistake?

thanks

Respected experts,
suppose we make a payment of rs.150000 to contractor and deduct rs. 20000 towards expenses reimbursement. so t.d.s should be deducted on 150000 or 130000?

Thanks in advance.

Hi,

We import spare parts from Germany and we sell to end customer with applicable local tax. apart from selling we also do servicing for the equipment for which we import spare parts.

can we take CVD set off against the service tax received from the customer. if yes what is the procedure.

Thanking you,
Sharan