Dear Experts,

we have manufactured dies and tools as per the customer requirement. Now we want to recover the cost chaging excise and vat. but customer is telling that as per the notification no- 67/1995 of central excise, 16-3-1995 if the tools are lying with you and use for manufacturing dutiable goods, duty can not be charged. [Pls note that the cost of dies & tools not included in the basic price of manufactured goods].
As per our generic pratice we are not sending the tools physically to the customer and keeping it under 57F4. pls help to act lawfully & correctly.

What is the treatment of construction of a house consisting of 2 rooms,1 kitchen, 1 store room constructed on the land taken on lease for 8 years by a mining company and what is the treatment of electrical Fitting done of Rs. 70,000 in the house ?
what will be the treatment of planks which are used in making core boxes to store core in case of a mining company ? The individual cost of core box is upto Rs. 5000 but the aggregate of core box cost will be around 10 lakhs and their life is expected to be more than 5 years if it does not gets infected by termites but probability of infection is there what if the cost
Further, now the mine is sold and we are finalizing the last year accounts in the that case how the treatment of the house constructed last year, electrical fittings and core boxes will be done.

Is there any rule that article having internal admission in any college for B.com or M.com then he have to take articleship in that same city where your college locates??

Dear Friends,

Can any one please tell me when income tax will be releasing ITR-4 for FY 12-13?

Today my wife got a letter from Income tax dept. regarding information on CIB 321 and CIB 515 for the FY 2009-10. Please explain the significance and implication of these information codes. She has already filed return for the assessment year 2010-11(FY2009-10)

Respected Sir,
Currently I am doing my 1st year of articleship and I want to take transfer but my principal not allow me for taking a transfer for that I called Institute also but they said we can't help it because approval is necessary , but as the Institute said that there is no condition in taking transfer of 1st year of Articleship then what is the procedure of taking transfer in this case.plz reply

If Employee has not retired person but he took the leave encashment on continue job that time what exemption limit for encashment. Please solve my query.

I want to file income tax return of assessment year 2012-13. Is it possible to file it today online?

Is 156 days leave inclusive or exclusive of saturdays & sundays.

Prerna

I have a query, that my gross receipts does not exceeds Rs. 10 Lakhs but I am providing taxable services whether I have to pay the service tax collected on receipts collected by me and I have been voluntarily registered under service tax.