company A, in India, is importing one raw material and sells it to a Company B in India within the same state. Company B adds some more raw materials and makes a final product and sells the same to Company A. Then Company A inspects the final product (falling under Chapter 39) packs, labels and sells to its customers in India.
Whether the activity done by Company A amounts to manufacture ? Can it avail Cenvat credit while buying from Company B? Are there any issues ? Please respond - urgent.

I am doing b com from SCD Govt College, Ludhiana. As i am doing ca with it,
and my article-ship timings clash with it,
So, is there any way to carry out both of these courses simultaneously.

I have a short term loss of rs.5000 in shares.
I also have long term capital gain of Rs.10000 in shares which is exempt.
Now should i carry forward the Short term loss to nxt year or i should set off the loss against long term gain even though it is exempt.

Hi,

Im a salaried PSU employee. While filing return for AY 2013-14, instead of filing ITR2 I filed ITR1 (My exemption u/s 10 is more than Rs.5000). I have just uploaded the XML file. I have not posted the Hard copy yet.

Some one pls suggest me, what should I do> Either i should file revised return or I should leave as it is and post the ITRV to IT dept?

A a director of X Ltd.,Y Ltd., Z Ltd., has defaulted in repayment of interest on Public Deposit for more than 1 year.Whether A can be reappointed as Director in all of the above mentioned Companies?
please answer as soon as possible.

An asset which takes 7 months to get constructed for it's intended use, can it be defined as Qualified Asset?Whether the time period is relevant?

When Revenue is recognized :
In case payments are to be made in installments and there is uncertainty in ultimate collection.

NOW, CAN I SUBMIT ITR AY-2010-11 ?

Dear all,

I have to pay my RCM liability, so please let me know that ca i utilize the cenvat credit to pay the RCM liability.

If there are more than one transfree then what is the procedure for depositing the tds?

is it necessary to deposit in individula names?