Mr.x wants to import cement bags from pakistan with ISI mark and after repacking them from 50 kg bag to 1kg or 2 kg bag it is sold in local retail market.now my question is whether on sale of 1kg or 2kg bag excise duty is applicable or not. whether he needs to register under excise Act.

IT is urgent please also let me know the other related provision applicable to the case.

Whether tds is to be deducted for annual fees invoice raised by non resident (USA)? Is there any DTAA? what rate to be deducted?

where networth certificate is required ? which items r include in it????

Hi,am doin ipcc under d direct entry system. Since d itt seats are full in bangalore till february I may not be able to complete 9 months of articles before Nov 2013... Is ther ny way so I can write d exam in Nov ?? Plz help me with this..

Whether a term deposit of not less than 5 years with a scheduled bank in the name of spouse eligible for deduction under section 80C?

sold agri land in current financial year which was complete out of ambit of capital gain's, howsoever do i have to mention that i have sold agri land while filing income tax return for the year?

If not then perhaps chances are i will receive a letter from the tax guys, later on period. how to avoid or tackle that?

Clarification on tds amendment related to software purchase

Hi, I have 2 flats - both jointly owned with my wife.. I stay in one. Other one is vacant. For Notional Income for Income tax
a) can we consider the rent valuation from Municipal corporation ?
b) Can we show the notional income split across myself and my wife in 50:50?

Dear Sir

Please confirm whether TDS Needs to recover on Photocopy charges

Dear sir,

My Client is in construction of residential complex. He used to receive manpower for various work on site. supplier of manpower gives bill as under-:
100 Number of person each 300 per day = 30000
Fee of manpower supply 100 Number of person each 30 per day = 3000
Total = 33000/-
No service tax is charged by him.
Q.1 Reverse charge is applicable ?
Q.2 Reverse charge on which amount ?
Q.3 If it is mentioned in invoice that there is contract for loading, filling, etc. If there is a contract for these works and consideration is related to quantum of work and not related to number of laborers supplied then Reverse charge is applicable or not ?


Regards & Thanks
CA Ravi K Jagetiya