Anonymous

if a person has a work of software making,,another person given that person a work of software making and my friends has done his job properly,,,for exp.
a gives a work to b for making a software,,,and b raise a bill to a including service tax. is this correct. and after giving to person a,,a deduct tax (tds)from his bill bt the tds is only 10% and the service tax is 12.3%,,,the difference is 2.3%,,,may i know what should i do 2.3% tax


AKASH
03 March 2013 at 23:09

Industrial training

i m a CA final student and i want to do my industrial training,,,,,so i wnt to know is there any benefit of doing industrial training?



Anonymous

My particulars are as follows:
Salary (annual) 108,000
Dividend from MF 13,500
Dividend from Shares 2,900
Dividend re-invested 1,500
UTI RBP dividend declared as bonus & added to investments 250,000
Bank Interest 255,000
Postal Interest 27,000

I am a senior citizen above 60 years of age.



Anonymous
03 March 2013 at 22:41

Articleship query.

Hi,

Myself Neha.

Please someone help me.

I have registered under direct scheme for May 2013. Unfortunately i have not yet started my articelship for 9 months which is mandatory.

I have two questions.

1)Can i appear for May 2014 exam after compleing 9 Months articleship and ITT and orientation.

2)Also can i do my ITT and Orientation programe after doin my articleship (articleship April 2013 to dec 2013) and after dat can i do the ITT and orientation and appear for May 2014 exam.

Many thanks for all your help


Goldie
03 March 2013 at 22:23

Roi

Friends, I have a client who lives in USA. Below is the stiuation and I need to help him find the answer. I am not a CA or a financial wiz but thought would check with you all. Appreciate your quick reply:

A person bought a piece of land in 1996 with his US dollars.
The dollar to rupee exchange rate at that time (1996) was Rs 37.50.
He converted $175,000 or Rs 6,562,500 and purchased this piece of land.
Today, after 18 years, this person is getting Rs 5 crores for this plot.

His questions are:
What was his true ROI in Rupees?
How to incorporate exchange rate issue? Remember, the dollar to rupee rate then (1996) was Rs 37.50 and today it is Rs 56! He has to bring these funds back to USA.
What is the total loss on the exchange rate? What is then the ROI?

If there is some excel sheet you put together, that would help us decide if it makes an sense in selling this plot or delay it further.

This person thinks he has lost money rather than making money and if so I must tell him if it was a true loss or a gain and if so, ow much?

I would appreciate hearing from you.

Regards,

Goldie
goldie9099@rediffmail.com



Anonymous
03 March 2013 at 21:26

Depreciation

in case of trust or colleges what is the rate of depreciation applicable on assets...?


pankaj singh
03 March 2013 at 21:21

Registration for central excise

hello! I have to fill a registration form of central excise and I have no idea about it. so pls help me by giving a format of completely filled registration form of central excise. pls send it to me on my email id- 11pankaj.singh1990@gmail.com
thank you.


pankaj singh
03 March 2013 at 21:19

Registration for central excise

hello! I have to fill a registration form of central excise and I have no idea about it. so pls help me by giving a format of completely filled registration form of central excise.
thank you.


rajesh
03 March 2013 at 21:18

Form 38 up vat

I am based at Delhi and have received a purchase order from Company A (in UP) for supply of goods to Company B (also in UP). The Invoice by me will be raised on Company A. In this case can the Form 38 be given by Company B? Will it be in order if the form 38 given by Company B is accompanied by an Invoice issued by me on Company A. Company A & B are associates but different Companies.
Will appreciate if relevant case Law or Rule is also quoted while replying the above.


Capt Benji
03 March 2013 at 21:17

Intimation u/s 143

I have received an intimation U/S 143 (1) for tht AY 2005-2006 for Rs48730.00/-. The demand was raised because advance tax paid by me on 29.03.2005 for Rs 38313.00/- was not considered. I approached my AO on 13.7.2007 and 16.03.2012 giving details and a copy of my advance tax paid.
For AY 2012-2013 filed online a refund of Rs44480.00/- was due to me. Now I have received an e mail dt 19.02.2013 from CPC stating U/S 245 that the refund has been adjusted against outstanding demand.
I have 30 days to react . Please advice me what to do. Yhanks.
Capt Benji





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