I had purchased DEPB licence of Rs.1,00,000 and paid output tax of Rs 5000/-. The said DEPB licence was utilised by me for payment of custom duty for import of goods meant for resale. Can tax paid by me for purchase of DEPB is allowable as input tax under Delhi Value added tax Act,2004. please give relevant case law.

dear all, I have completed CS,LLB, CWA (Inter).I wanted to know about the expected salary for the same. please advise.

Dear CCI members
I have 3 doubts.
1.One pvt limited company is deducting tdsU/s194j from directors remunation(category of director unknown) whether the company have to pay service tax under reverse charge mechanism.
2.one pvt ltd company is avialing the manpower service from a individual(the individual is not regd as per ST act),did the pvt co have to pay service tax75%X12.36
3.one pvt company paying st on all frieght inward/outward,is it right or wrong

Whether the pvt limited company can avial cenvat credit on the follwing three

Hi one of my branches have negative cash at month closing very often in branch petty cash ledger. So before audit I want to adjust and make it positive. So can you advise how to proceed in right direction. We generally send cheque to branch and receive vouchers.

I am an IPCC student and have started my articleship in August 2012. When would I be eligible to give my CA final Exams? I can appear for the exams 6 months before my articleship period gets over or 1 year?
Please help..!!

Hello frnds,

I want to know whether a student who has completed his IPCC and articleship training is exempted from doing CS traning of 1.5 years... Can u please specify who all are exempted????

Hi Experts,.

Pls tel me when BPO is providing service to other countries, is there necessity to get IEC code to export the services. and who all required to get IEC code and what is the procedure involved in getting IEC code. ?

Respected Sir,
I have bought a new flat and now I want to rent it from Jan 2013. Please guide for my following queries:
[ 1 ] Upto which limit rental income is tax free?
[ 2 ] Will the proprty be considered as let out property for entire year and only interest will be considerable for Income tax deduction?(Property remains vacant if it is not let out becaus I am living with my father) What is the minimum period for considering a preoperty either it is a let out property or not?
[ 3 ] Is brokerage paid to rent the property eligible for deduction from income from Housing property?

If a registered dealer "B" purchase copper a importer who on sale value of Rs. 200 per kg charge duty @ 12.36% i.e Rs. 25 per kg so invoice to B will be 225 per kg then "B" sold this copper to another dealer "C" at a rate of 220 per kg then pls tell how much excise duty will B charge on his invoice to C. whether on 220 rate or whether Rs. 25 which was charged by A to him

do we maintain PLA account in books of account or just a PLA register is sufficient?
please pass the journal entries for the following situation:
a)asset purchased, 50% credit available and balance is carried forward.
Thanks in advance