If a factory is giving contract to manufacture certain pieces and the payment is made on the basis of number of pieces manufactured with the material being supplied by the company and workers are also not controlled by the company but by the contractor. Whether the same is covered by Reverse Charge mechanism for work contract ? Can u pl explain the same with the help of the defination of Work Contract ?

I have passed my IPCC in Nov 2011 & result declared on Feb 2012. Just after result I started my Articleship from Feb 2012. So when I can sit for Final Exam. can I sit in Nov 2014. or after articleship. My articleship will be completed on Feb 2015.

Please solve my query.

Due to change of constitution we cancelled out old TAN No. & apply for the new. NOw we have new TAN No. I want to file revised TDS return for F.Y.2009-10. Original return was filled using old TAN No.
Please guide me how to filed revised return for F.Y.2009-10.

Sir. i am a newly qualified ca want to start my career outside india( for better packages). i have working knowledge of Tally.erp 9,all kinds of taxation and auditing(2 years experiance as a paid staff in a ca firm). now i want to pursue sap-fico\ cisa\ ifrs. whether these courses are beneficial to get a handsome job outside india??? if in your opinion there is any other course which can help me to start my career outside india. plz answer.
sincerely Ayan

Sir,

Our company is under Central Excise registration but primises is on rental we have to shift our company different primises(new) on permanent basis. please advice us we have to take new excise registration number or can we amend the registration. ( new primises - Excise Range and Division is different from existing registration )

can income from sale of agricultural land in cash can be deposited in bank,is it taxable??

sir

can any one clarify regarding consideration of quarters for calculation of excise duty on transfer of capital goods on sale/stock transfer.

caital goods received on 15.11.2012
credit availed on 25.11.2012
transfer of asset on 15.04.2013

in the above case can we consider 2 quarters ie, dec 12, March 13 or 3 quarters ie dec 12, march 13 + current quarter

thanks in advance

ramkumar ms

My sister got scrutiny notice for FY 2010-11. In that year she had salary income as main source of income. However, she had bank account in joint name with her husband. Now, as checking the files/documents following discrepancies noticed:

1. There has been cash deposit of around 20 lac in saving account during the year but that's mainly due to her husband's business which has all cash transactions.
2. One property was purchased and sold during the year on which STCG amounting Rs. 4.5 lac was arisen but same not shown in ITR filed.

Now, ITO has asked for Bank statement with narrations for all entries and also asked for Personal Balance sheet/Statement of Affairs, Profit/loss A/c etc which however were never prepared for the year as that was also not required. So, i have following queries:
1. Whether STCG be shown as income for year or not! If yes, how much tax/interest /penalty will be imposed by ITO?
2. How to prove these cash deposits into account?
3. ITO also asked to file affi-davit providing detail of all bank accounts maintained. Now sister has one other account in joint name with her husband but in that account all transactions are related to her husband business only. SO, is it required to show this account also in affi-davit or not complusory.
Dear Experts, Kindly guide with your valuable suggestions.

A Proprietor is converting his business to PVT LTD Co. He is engaged in Export of Marketing Service. His Proprietorship firm was registered with Service Tax Authorities.

1)Whether Co is required to get register under service tax act? As Export of Service is exempt.

2)Whether Co is required to get separate Service Tax No? Can they continue with their old Service Tax No?

Suppose if someone fills up the Examination form for appearing in May 2013 IPCC exams.

And for some reason or the other he is unable to appear for any of the papers in May 2013.


Will this be counted as his first attempt?


And if he gives his exams in November 2013 and clears it.

Will there be a difference as how he would be treated by CA firms as he appears for articleship interviews?