In a two Partner partnership firm, if one on them dies, is there any legality to continue the business of the firm as a going concern by inducting the legal heirs of the deceased one as the new partner in that firm.

i have received an intimation u/s 143(1) from Income Tax Department, cpc Banglore.
How can i make a reply to them?
should i make an rectification through web site of income tax department?

T-FV-4111 Date on which Amount paid/Credited/Debited must be within the Financial Year and before the End Date of Quarter

i Add paid credit date 04/07/2013
i add Challan Date 04/07/2013

sir i have to ask that if i'm registered as an article on 1 sep 2012 and took transfer on 29 april 2013 and joined another firm after two months so what is the last date upto which i must complete my Gmcs 1 ?

we are Manufacturing Unit manufactures Textile machines?

our customer has given EPCG license can we supply the material without Charging of duty?

Hi...
This is a query regarding allowability of expenses U/s. 40A(3).
The Company has reimbursed Motor car expenses to an employee amounting to Rs. 21000/- in cash in a single day against one cash voucher , which is debited by the Company under Motor Car Exp. head. Description of Cash Voucher prepared by an employee is as under :
Date : 31st May, 2013
Petrol Exp. for May month -Rs. 13,000
Driver's salary for May month -Rs. 8,000
Total 21,000
Whether this reimbursement would be disallowed under section 40A(3)?

whether your answer would differ if instead of one cash voucher employee prepares 2 different voucher of Rs. 13,000 & 8,000 respectively.
pls clarify the matter at the earliest?

Dear Professional Colleagues,

Does a private limited company require to start business with in 6 month of its Incorporation?

If it is so, please give the reference of section no.

What is the Difference between Excise Rule 18 & Rule 19?

what is terminal Excise Duty?
How to apply for Terminal Excise Duty?


which one is best for Claiming Rebate under Rule 18 & Rule 19?

Sir
I cleared my group-1 of ipcc in may 2012 attempt and registered for articles in oct 2012.. later on i received a letter from ICAI during july-2013 stating me to submit orientation certificate..
My..query is whether my articles counts from oct 2012 r not
and i will be thankful if any one help me to get a postal address to which i has to forward my orientation certificate.
Thanking u in advance

Dear Sir/ Madam

We have a manufacturing unit . we import machinery from China. On Bill of entry the following duties are chargeable
Basic Custom duty
CVD 12% equivalent to excise duty
Special CVD 4%
Education Cess & Secondary higher education cess both on BCD & CVD.

we can take the cenvat credit of Cvd 12% & Special CVD 4%.

My question is that can we take the credit of education cess 2% & SH education cess 1% charged on CVD 12% ?

Please reply as early as possible with some notification or any other guideance.

Thanking You