Anonymous
07 February 2013 at 16:27

Bank payments

When we check bank payments, what we have to verify?



Anonymous
07 February 2013 at 16:20

Reverse charges- work contract.

Dear CCI Experts.

I am working in a Company engaged in providing Infrastructure Support Service and Renting of immovable property.

Current year Company Receiving Work Contract services (For Construction of Office Complex )from Many Contractors.(Individual & Firm). till Date these contractors are Charging Service Tax (100%) After Abatement i.e 4.944%. and company also Paid all Bills of Contractors. after notification 30/2012.Reverse Charge Mechanism 50% Service tax payment Liability of Service Receiver. and our company do not Follow Notification 30/2012 . what will effect and how can we rectify this. Please Suggest.


ketan
07 February 2013 at 16:19

Notice u/s 143(3) and 142(1)

I have recd. a notice for return of income filed by me in A.Y. 2009-10
Now today I recd. an scrutiny assessment proceedings U/S 143(3)showcause notice. The notice asks me to furnish some information before 8.2
But as I know isn't it required to be first served a notice U/S 143(2) before 143(3) or will this show cause notice telling me to furnish info. or else the unexplained trans. will be considered as Income is considered as notice u/s 143(2).

Also the letter said that a notice u/s 142(1) is enclosed too. But no notice is enclosed.
Can they serve notice on both sections??? as I have already filed the return of income...
Also what is the time limit of serving notice u/s 142(1)?? 21 months or 24 months???


CA.M.KALICHAMY
07 February 2013 at 16:19

Depreciation rate?

Dear Expert
How to depreciate/amortisize land cost for mining industry?

What is rate of depreciation?




Anonymous
07 February 2013 at 15:50

Vat or service tax

RENT/LEASE OF DIGITAL MULTIFUNCTIONAL PRINTER/COPIER/SCANNER WILL ATTRACT VAT OR SERVICE TAX? THE VENDOR WILL SUPPLY AND INSTALL AND MAINTAIN THE PRINTER ( THE VENDOR WILL CARRYOUT ALL REPAIRS AND PROVIDES CONSUMABLES EXCEPT PAPER). IF VAT IS APPLICABLE, ACCORDING TO WHICH SECTION? ANY DOCUMENT?


Ridhan
07 February 2013 at 15:48

Company secretary

hi i am student of ca final and i have also registered for cs executive program in June-2011. I wanted to know can give exam in June-2013 without giving exam of ITT and SIP. As i have classes and other timing problems i couldn't complete my ITT training and i couldn't complete SIP training so i want to can i give executive program exam of cs in june 2013 without completing these ITT and SIP. Please any help would be appreciated.


Sateesh
07 February 2013 at 15:46

New cheque cts-2010

If a person is holding post dated cheques for selling his property and now if after April'2013 the old cheques leaves wont be valid and only new cheque leaves (accordance to CTS-2010) are to be used then how can the person deposit the cheques when the due date comes.
Can he deposit the old cheque leaves or once again need to collect new cheque leaves from the buyer?


vicky

Can the superintendent has the power to collect the service tax for FY 2002-03 & 2003-04 during 2013? Actually the registration was granted in 2004 but was of no use because from 2004 onwards gross amount collected is below tax limit. What is the maximum period that can be for service tax demand?


Parth Dalal
07 February 2013 at 15:30

Ca final registration

Respected Sir/Madam,

I cleared my IPCC in November 2012. So which final attempt is applicable to me? And what is last date for registration for articleship and final? What is franking requirement in articleship. Please answer it... its urgent!

Thanks in advance.



Anonymous

dear all,

if i have rental income from my house property and if i am paying interest & principal amount to bank, as i know interest can be claimed but can i take benifit of principal repayment of loan u/s 80c (as the said property is not self occupied)

need support






CCI Pro



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