date 22/01/13
i am icwa inter student i am from mumbai what is group discussion ? what students doing in group discussion ?
what will students do on group discussion topics ? will they ask questions on gd topics ?
how many questions they ask on gd topics ? & also on business communication topics ?

do anyone attend group discussion in year 2011
please reply me

please recommed books on Maharashtra VAT & Service Tax available in Mumbai for knowledge.
Details of e-filing of return on service tax & MVAT computation & exemptions, calculations of service tax & mvat etc.
for knowledge of set off, input credit, composition scheme etc.
service tax & MVAT book with full knowledge for learners / beginners.
please reply me.

Dear Sir,

There are several cases I have found that persons living abroad such as UAE, Kuwait, & other Middle East Countries. They do their business or job and transferred their fund to India through NRI Account which is with SBI, ICICI or HDFC Bank Ltd. and they don't have any export-import licence. Moreover the countries where they earned money or sold their product did not paid any tax. And most of the cases their status is Resident in India. Is this income or turnover is tax free in India. Please let me know its tax implication in India.

A trust has been created by company under corporate social responsibility for making banefit to general public.
Whether trust is individual or AOP?
the trustees of trust are among the employees of company and 2% of the profit of co. is transfered to trust, further trust gave the contract to contractor for making panchayat bhawan and community centre for general public.
Is trust is liable to deduct TDS from contractor and service tax under reverse charge

Dear Sir/Ma'am,

What is the basic difference between Chartered Accountant in Practice & Chartered Accountant in Service ??

I would be grateful if my query gets resolved.

Thanks in advance...

Sir

My Client is a wine contractor,AO had made an addition of Rs.120000/- with following para
During the assessment proceedings assessee was asked to submit complete detail of sales.In response to that the assessee had stated that sales made during the year were in cash.Accordingly it was difficult to determine the GP,it was the will of the assessee whatever sales rate he wanted, can apply, therefore after discussion an addition of Rs.120000/- made on account of this G.P. Penality proceedingsU/s 271(1)(c) of the IT Act1961 are initiatly sepratly.

Is the action of AO is justified.

A partnership firm consisting of two equal partners admits the third partner with 1/3 share. it receives Rs. 1000000/- from new partner on account of goodwill. This amount is credited to premium account and then to old partners capital accounts. This amount is over and above the amount received from third partner as his share of capital. What is the tax treatment of this Rs. 10 lacs in the hands of firm/partners.

Tax Auditor has received notice on 15-01-2013 u/s 142(1) for AY 2010-2011 asking for details. It it addressed as below. It was hand delivered.

To,
Principal Officer,
(Name of the Company)
c/o (Name and address of the Auditor).

My query is that is above notice valid and can an auditor be issued notice u/s 142(1)?

What should be a suitable reply in case the required documents are not available with auditor and the assessee is not traceable?

Thanks in advance.

Dear expert

If final product (Die) is made of two type of Material,Aluminium and Zinc.

So, PLz tell me wheather product group code of die is...
1. Aluminium & Aluminium Products( 4008)
2. Zinc & Zinc Product (4010)
3. Both (4080 & 4010)

I borrowed loan from financial institution and now I'm constructing the building in a site. This site is belongs to my father. can i clam deduction on interest i'm paying on borrowed capital?
please tell me soon its urgent