Dear all,

I just had the following query with reference to Rule 6(3a) Workings;

First of all i will explain the rules;

Cenvat Credit can be availed only for the Taxable services, for which we have to adopt the following formulae;

Eg:

We have an Outsourcing fees received from Insurance company amounting to Rs.1,00,000

Brokerage received from mutual Fund: Rs.1,00,000

Dividend Income : Rs.50,000

Interest on deposits: Rs. 50,000

Total Credit available : Rs.5,00,000

Question 1: Whether Brokerage received form Mutual fund is exempted or we have to pay service tax on it?

Question 2: Whether Dividen income and Interest on deposits can be completely ignored? I.e while calculating the credit to be utilised a per Rule 6(3a) , Whether Dividend income should also form part of Excluded Income or the amount can be completely ignored?

In Private Limited Companies or Public Limited Companies, Statutory Auditor who is appointed in an AGM dated 29.09.2012 signs Balance Sheet for 31.03.2013

now my question is dat,

1: what are the consequences, if he doesn't sign the same ??

2: can another auditor sign Balance Sheet for 31.03.2013, by showing his backdated appointment on 29.09.2012 ??

Form 23B of 31.03.2013 is yet to file

can anybody tell me it is possible to adjust the excess amount paid in a particular month and also not consider the CENVAT cerdit so can we take cerdit for next month in case of PVT LTD Company case.

sir, a builder /developer taking adv frm custumers, if its booking deposits, is around 71 lakhs, for f.y. 2012-13 and expenses and purchases is around 1cr. is he liable for audit? is there any clause reg applicability of tax audit if expenses for the f.y. 2012-13 is 1cr and abv.please reply me.
thank u

what is the difference between paid articleship and article ship?

SIR Kindly gives your opinion
>I am CA final student in Training for 1 yr more and recd stipend of rs 19500 p.m (i.e. 234000 P.A.)
>in this case should TDS deducted on that income????
>because this fall under section 10(16) and quantum of pmt & savings does not detract nature of stipend

>if yes, under which section and why????

>my employer/principal deduct u/s 192, however this is exempted income

>I cant understand logic for deducting TDS please guide me......

What all procedures are required to be followed
for re-appointment of Joint managing director and Executive director at the expiry of their term?
Whether form-32 is again required to be filed
along with form-25C and if yes then within what time?

sir, madam
a lab. contractor whose gross total inc in fy 2011-12 was 20lac,filed itax ret 4s .since he was nt maint books of acc.8% of gross receipts.
now in the fy 2012-13 ,he maintain books of acc and gross receipts comes to 18lacs.
is he liable for audit ?since receipts are less as compared to last year .can he file regular itr 4 ret?
plz ans my query

we are the Mfg & exporting the goods without payment of duty thru ARE-1 Bond against the UT-1 but some transaction we are getting the order from contractor they issuing the PO to us for SEZ project asking the supply without payment of Duty, we can supply aginst the UT-1 bond or we have to supply B-1 Bond
Here Customer is not resisted
consignee SEZ company ,

anybody clear this doubt.

Dear All

Pls advice
We have Manufacture activity. Our company Two Branches. mumbai and Banglore

Mumbai is Manufacture Division and Banglore is Depo
Pls advice what is compliance in excise and Accounting purpose

Regards
Praveen