Dear Xperts,
Is there any penalties leviable for Monthly closing cash balance showing negative . . . ? If so, which sec will be aply for the same . . ?

For tax audit it is required by a CA to get registered with income tax department as a tax professional.accordingly i have registered in April before it was compulsory for tax audit.That time i got the activation link but not the login id which is given now along with activation link.So the site is not allowing me to see the form 3CA,3CB,3CD
as a CA and further it is not allowing to re register as it is already registered.Can you Please advice me how can i overcome this situation?it is urgent.

Dear SIr,

Currently we are looking for an import of a snack food from Philippines. I have referred to the Tariff notification for BCD as given by India for ASEAN Countries & specific tariff commitment given for Philippines.

In this case, my query is what shall be the rate of BCD to be taken. Is it like we have to take the tariff rate that is most beneficial to us?

As the notification for ASEAN countries also includes Philippines in that. It then means that such tariff commitment rate given supersede the tariff rate given for Philippines specific.

Please respond on the same.

I got converted from PCC to IPCC, for last attempt and because of that I had to submit exam form by getting one from ICAI. I want to apply online this time. But my ID which i created for NOV'12 is of PCC.
How can i apply for exam online this time?
Do i have to create another account in the website again for IPCC or get only hand delivered form?
Pls its Urgent
It would be very helpful if you can reply sooner, so that i can apply for my exams soon.. because they arent pickin the call in ICAI office

What will be the adjustment in the income tax Act if the insurance claim received on account of fire for the plant and machinery.
PLZ also refer section no.

Hi Friends...

can u please provide me the complete procedure of registration under shop & registration act,1954 (Delhi).

I have gone through the site and got the Form-C. After that what i need to do???
should the need to submit some document or wat.

Please Reply

As a company we are making payments towards warehousing charges to Central Railside Warehousing Company Ltd. (A government of India Enterprises). Whether TDS is applicable and at what rate? Kindly guide me. Thanks in advance

Dear Sir or Mam

When we filing the online audit report of pvt. ltd. company which is included in the report? ( means 3ca and 3cd only).

The other parts of report like audit report , caro , accounting policy is not attach with 3ca-3cd report.

Is it compulsory to do SIP and Computer Training before CS Executive Exam...??
Can I do it after CS Executive Exam.
Is there any problem in this ..

Please help....

Alternate Minimum Tax is applicable on Individual assessee.

1. In this case, if Individual assessee who is having AMT credit in his account but discontinued his business later on, in this case whether the assessee can still claim the MAT credit in the subsequent years? ( MAt credit available in the case of discontinued business ?)


2. If the Individual assessee first paid taxes in MAT , later on it merges with one partnership firm or in company ? then the MAT credit available to the individual assessee can be carried forward and used by this new entity i.e.partnership firm ?