my frd has received cash of r.s 2lakhs frm another person, and same deposited into bank..
against this cash he issued cheque of r.s 2lakhs,
how such transaction reflect in final a/c.he has business income & filing itr 4..
pls reply

We have importe capital goods under EPCG licence (Custom not 64/2008 dtd 09th May 2008).We have fulfilled export obligation and redemption also applied and waiting for redemption letter form DGFT.

Query:
1. Can we sale these capital goods before getting redemption letter from DGFT.

sir pl suggest me what is DIN No and what is the use of DIN no for Director.

pl suggest me how to prepare salary sheet and which contain should have in salary sheet (like basic,DA,HRA)and deduction and their proportion.If possible then pl give me salary sheet format as per Income Tax.

Dear Clubians

i want to know the ward, range, circle for it filling. means pan is in business ward, salary ward range etc for the following detail


PAN NO: AUTPA9933D
SURNAME: ASHOKKUMAR
MIDDLE NAME: ------
FIRST NAME: RAMLAL
AREA CODE: CHE
AO TYPE C
RANGE CODE: 115
AO: 1
JURISDICTION DCIT/ACIT/CIR XIII CN
IT OFFICE NEW BLOCK 121 UTHAMAR GANDHI SALAI CHENNAI

Can we consider letter from Employer as Address proof on companies letter head..as the applicant does not have any kind of Address proof with him....

Please reply soon... its very urgent..

i have admitted in ca in 30th jan 2013 on direct entry after graduation but i didn't get the regn. no yet.i cleared the cwa inter after this on 21st feb 2013.can i convert my ca admission into cwa inter basis,if so which benefits i will get ?

6% excise duty on branded readymade garments & made ups of cotton, not containing any other textile materials -Reg.
Posted In Excise Duty | Notification | No Comments »
Seeks to amend notification No. 7/2012- CE, dated the 17th March, 2012, so as to prescribe 6% rate of excise duty to branded readymade garments and made ups of cotton, not containing any other textile materials.
NOTIFICATION No. 8/2013-Central Excise
New Delhi, the 1st March, 2013
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No 7/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R. 158 (E), dated the 17th March, 2012, namely :-
In the said notification, in the Table, against serial number 7, in column (3), for the entry, the following shall be substituted namely:-
“All goods of cotton, not containing any other textile material.
Explanation. – For the removal of doubts, it is hereby clarified that ‘goods of cotton, not containing any other textile material’, shall include goods made from fabrics of cotton, not containing any other textile material, even if they contain sewing threads, cords, labels, elastic tapes, zip fasteners and similar items used for stitching, fastening, holding or adornment, of materials other than cotton. ”
[F. No. 334/3/2013-TRU]
(Akshay Joshi)
Under Secretary to the Government of India
Note. – The principal notification No.7/2012-Central Excise, dated the 17th March, 2012, was published in the Gazette of India, Extraordinary, vide number G.S.R. 158 (E), dated the 17th March, 2012.


What does it me whether full excise duty is exempt or if goods are made of only cotton are exempt. please elobrate.

A Partnership register in Foreign country(A) has two partners- one is a national of that foreign country and another is an LLP register in India(B).

Now B manufactures a product in India and want to sell it to A. What shall be the tax implication?

Regards
Pankaj Khandelwal
Pankaj K. & Associates
Company Secretaries
pankaj.cs@hotmail.com

Sir,
WHAT IS HEDGE FUND ?