Examine the applicability of the provisions of section 40A(3) in the following cases:
(i) Riyan purchases goods in cash from his brother for 40,000, whose market value is 35,000.
(ii) Riyan purchases a building for 10,00,000 and makes the payment in cash.
(iii) Riyan makes a purchase of goods of 60,000 and makes payment of 45,000 by account payee cheque and 15,000 in cash.

In concurrent bank audit how can i detect revenue leakage?

Dear Experts
we are accountant of Manufaturing company product is vitrified ceramic tiles, its intermidiary product is ceramic body clay
hence my question is we are sold ceramic body clay but not reversal cenvat crdit in use cenvatable materials for make in body clay, the ceramic body clay is not a excisable products. also in this case Rule-6 cenvat crdit rule is apply or not.

Please help me this query in cenvat

Dear Sir,
Acknowledgement issued by TIN showing zero Unmatched challans after submission of form 26Q, because I have made tally all entries with CSI file.

Now cpc has processed this return with an unmatched challan. And in form 16A related to that particular challan is also showing (U) unmatched.

When acknowledgement of TIN showing zero unmatched challan and I had prepared return after camparing challans with csi file, why did Trace made this particular challan unmatced and asking me to pay it by sending an intimation.

Whether it is a computer glitch of Trace automated system.

Please advise me, what should I do.

Dear sir

i would like to know how many bank accounts(different bank)a self employed person can avail if his annual turnover is more than 1 Cr,so that
he can get more benefits for his business expansion in near future.

Dear all,

Can anyone tell me whether arrangement of transporting of goods for clients with a profit motive amounts to provision of services?

please reply at the earliest it is urgent.

dear all my query is i have filed a form 17 for satisfaction of charge after 38 days from the date of satisfaction now it has to be cleared from CLB what is the procedure for that ?

Hi Sir,

Please send me the MOA AND AOA OF COPPER COIL MANUFACTURING COMPANY FOR INCORPORATION OF PRIVATE LIMITED COMPANY

I AM REGISTERED IN CENTRAL EXCISE AS A MANUFACTURE IN OCT-12.BEFORE OCT-12 WE HAVE EXCISABLE ITEMS PURCHASE.AND WE HAVE SALES EXCISABLE ITMES IN APRIL-13.

MY QUERY IS WE HAVE CLAIM THE MODVAT BEFORE EXCISE REGISTRATION PURCHASE OR NOT?

AND WE HAVE NOT FILLD THE C.E.RETURN.WE CAN C.E.RETURN FILLED FOR THE PREVIOUS MONTHS WITH LATE FILLING FEES OR NOT ? WHAT IS TH EXCISE RETURN LATE FILLING FEES.

WE HAVE ITEMS PURCHASE FROM C.E.DEALERS AND THIS GOODS IS PARTLY USED IN DOMESTIC SALES AND PARTLY USED IN EXPORT SALES.WE CAN CREDIT FOR ALL EXCISSE PURCHASE OR NOT?

PLS. CLEARIFY.

AOP is not registered under any Act and running the business and assessed as AOP under income tax Act,1961.

But if AOP get registered itself under companies Act, Is company is different from AOP after get registered ? or AOP called company after get registered ?