Dear Members,

Recently,while doing tax planning (2012-2013) for one of my client, I came to Know that during the financial year 2011-2012 she has mistakenly availed deduction us 80c for investment in KVP. If she had not availed she was liable to pay tax.

Can deduction claimed be shown as income in this year and correspondingly do the extra investment for set off.

Please advice if I am correct.

Thanks
Rohit Agarwal

L.I.C Paid by Mother for children who are not dependent upon her can get exemption to mother under 80C

Hi all,

1 Can anyone tell me what is works contract tax???

2 when is it leviable???

3 its rate??

4 and how is it different from TDS??

Do we need do deduct both i.e TDS & WCT from a given transaction.

If the total turnover of SSI unit say is 2 crores which includes one crore of export sale of manufactured goods, fifty lakhs of domestic sale of manufactured goods and remaining 50 lakhs of trading of goods, should the unit get it registered with Excise department as the total value of sale of manufactured goods both for export and domestic market is 1.5 crores or should the unit get it registered only when the value of sale of manufactured goods in domestic market is 1.5 crores? Thanks for your guidance.

We are Manufacturing Pet Flakes from Pet bottles.
Pet Flakes will be used by our customer to make fiber.
Can anybody let me know, Whether "Making Pet Flakes from Pet bottles Through Various Watering and dewatering processes" is liable for excise duty???
If Yes, then Is there any exemption notification to make it Exempt from excise duty???

Dear Experts,

I have a doubt about the industrial training that i will complete my 2nd year of Article by Aug 2013.

But i want to join the industrial Training by Apr 2013 as i got a call from XYZ co.

Kindly let me know the same as early s possible.

Thanks
Vishal
P.No.09700242291

plz tell m about escrow accounts
what is escrow accounts and why we need for it and what is the accounting treatment for it......?

plz give me answer...........Anshu

Dear Sir/Madam and friends,

I have completed my graduation in commerce securing 50%, but i have completed my Master Degree (MBA) and got 75% from G G University (Guru Ghasidas university) Distance Education.

Now i am practicing Auditing since 5 years.

How do I take a C A Exams??

Whether i should enroll in CPT??
or inter ??
please guide me in this regards.

whether employer has the responsibility while deducting TDs from employee salary to examine & collect the proofs of invesments u/s 80C (like LIC,ppf,nsc,hsg loan) from employee. Is there any circular pls guide.

Dear All!!

Greetings to you..!!

I am Shruti Shah, I am a Chartered Accountant.

I am presently working in a Pharma company in Chennai since January 2012.

Since I belong to Ahmedabad,I am in search of job in Ahmedabad or Mumbai.

I seek your help in this regard. I would oblige if you can refer me to your contacts where in CA is required.

My Mail id is: cashrutishah17@gmail.com
my Mobile no is: 91 76 26 15 25