Hi everybody,

My mother got family pension arrears of Rs 2,07,051 for last 3 years(from 1st sept 2009,2010,2011) in Sept 2012 , also she got Rs 75,192 family pension for current year. There was mistake in my fathers Pension order hence it took 3 years to receive this family pension. My mother is senior citizen. I know that family Pension is taxable as income from other sources after a deduction Rs.15,000 also I know that there is a relief u/s 89 , but I have difficulty in understanding how to calculate this relief as my mother was below taxable limit in all this years .Also I not aware whether this deduction of 15000 can be claimed for all years ?? My mother have other interest income and house income for current year.... Please help me how to find this relief... Is any form needs to file to income tax dept to get this relief?

Hi Sir/Madam,
I became a member in CA Club India today.I feel excited about it as I can enhance my knowledge on financial subjects & issues.I am a Trainer.I have experience in training Insurance & Bank professionals.That is how I bear a very limited and little knowledge on financial instruments .I hope CA Club India would certainly be a platform where I can acquire knowledge on financial instruments.Is there any scope for me to register myself in any Trainers Forum of CA Club India? Regards_Nasim

dear sir/madam
In the financial year 10-11 my tds deduction was 18050 but i received the refund of 1250. how i can take back my tds amount.

Dear all

Kindly give the explanation about service tax & customs duty plese.

I want to know that may i eligible for Direct Entry scheme according to new notification.

I got marks in B.com.

First year.
Business Communication:- 24/50,
Business Statistics :- 28/50,
F/Accounting :- 30/50,
Business Regulatory :- 24/50,
Business Economics :- 23/50,
Business Environment :- 22/50,

Second Year:-

Auditing :- 23/50,
Company Law :- 27/50,
Cost Accounting :- 34/50,
Principal of Business Management:- 32/50,
Income Tax:-22/50,
Business Organization:- 29/50,

Third Year:-

Indirect Tax:-30/50,
Money & Financial System:-31/50,
Management Accounting:-28/50,
Corporate Accounting:- 26/50,
Principal of Marketing:-31/50, International Marketing:-31/50,
Viva 39/50,

Plz help to solve my problem as soon as possible.

Thanks & Regards
Gaurav Chaurasiya
Mob;- 9670997747

Asseessee sold the office premises. How the LTCG tax is payable. Whether 10% on capital gain or 20% after considering CII.
For eg
1) Sales Price is Rs 1 Lac. Purchase price is Rs 25000/-. Capital Gain Rs 75000/- Then 10% is Rs 7500/-
2) After considering Cost of Acquisition. ie Cost considering CII is Rs 40000/-. Capital gain is Rs 60000/-. 20% thereof is Rs 12000/-
3) Whether 7500/- or 12000/- is payable

We have purchased few products against which we have paid VAT @ 14.5%. This product is being used to provide taxable output service.

Can we avail the credit of Input VAT paid against the same from the Output VAT payable by us?

Whether any notification is there for exepmtion of Chartered Accountants from payment of profession tax in first three year's of practice? I am practicing in Maharashtra

Is website development an intangible asset?

Dear Sir,

One of our customer whom we supplied the material on CT-1 Bond, ARE-1 and Form H basis. Supply under Merchant Export.

As per rule we have to submit PROOF OF EXPORT to their respective department with in 180 days period. But our customer said that his Bank LC is 180 days so he couldn't get BRC before 180 days so he can't provide PROOF OF EXPORT in above said period. Than he provided us Bill of lading and Original Form H.
But after 180 days and 60 days more but he is not position to provide PROOF OF EXPORT so my query is:-

As per rule 4.1.2
1) As per Central Excise Manual , In the case of Export Merchant Exporter the document prescribed by the sales tax department will be accepted as a PROOF OF EXPORT, Is Form "H" is acceptable as PROOF OF EXPORT.
Because Range office says that Form "H" is not sufficient documents as a Proof Of Export .
Is FORM "H" is enough as a PROOF OF EXPORT for Central Excise Authority ?

2) If our customer is failed to submit Proof Of Export to us than whom is liable to pay CT-1 Bond amount with Penalty.
Are we liable to pay ? or our customer ( Merchant Exporter )will pay ? and Whom Show cause notice to be issued ?

What steps we can take further to issuing Proof Of Export.

Please advice on above issue.

Thanks in Advance.

Achint Porwal

+91-9425195253