as per cenvat credit rules
2)(a) The CENVAT credit in respect of capital goods received in a factory or in the premises of the provider of output service at any point of time in a given financial year shall be taken only for an amount not exceeding fifty per cent. of the duty paid on such capital goods in the same financial year:

PROVIDED that the CENVAT credit in respect of capital goods shall be allowed for the whole amount of the duty paid on such capital goods in the same financial year if such capital goods are cleared as such in such financial year:

PROVIDED FURTHER that the CENVAT credit of the additional duty leviable under sub-section (5) of section 3 of the Customs Tariff Act, [x x x], in respect of capital goods shall be allowed immediately on receipt of the capital goods in the factory of a manufacturer.


Help me whether the duty leviable under 3(5) on capital goods can be claimed 100% in the year of receipt or not

please tell me the procedure for partnersip registration (requirements for Hospital business)

one company has deduct Tds on salary on 30/04/2009 Rs 3090 and deposit the amount
in bank on 09/07/2009.can any one tell me about rate of interest is deducted and what % is apply on this?


Thanks in advance.

If the assessee is having loss from Business and he is a director in the company, recieving directors remuneration, then when is the due date for the filing the IT Return, 31st July or 30th September , so that he can carry forward the loss

can any one tell me how will be the course ca

My frind is persuing his articles without receiving Stipend. Can he do so, if he wish?? Is that fine or has he get to face any consequences?? Please let me know..
Does he need to mention this fact to the Institute??

Please he is too tensed plz reply early.

can any body help in guiding me that whether i can do llb & cs course along with ca course
i passed my pcc exam in nov 08
now i have ample time and nothing to do after articleship
i.e my office timings are 10 to 5 after 5 i have nothing to do

Is exemption u/s 5 (vi) is available against commercial land.

Can anyone mail me plz draft NOC letter to be taken from retiring Auditor. My email id is trivedi16@gmail.com

Regards

Although my income is below exempted celing , but i have paid some LIC premium, should it be shown as while filing in ITR-2 in schedule part .