Amit Khandelwal
15 June 2009 at 10:15

Excise Registration

is any time limit is applicable to register for excise.
i have bought a land and not started construction (civil or eng.) can i obtain excise registration


Manjay Jha
15 June 2009 at 09:57

Accounting Standard

My company's retirement benefits funds are handled by LIC for Gratuity and Superannuation. Based on tle actuaral valuation, premiums are charegd by LIC every Year. They provide us actuary ciertificate in this manner and the bases of calculating premium.

My question is , since LIC does autural valuation every eayr, whether, company must do actural valuation on its own for compliance of AS 15


Prakash
15 June 2009 at 09:38

Excise on Capital Goods

We purchased a Machinery for production of our products and we have taken 50% Cenvat that F.Y.after installation. We used machinery 1 years for production of our goods. Now we want to sale or transfer this machine as a workable condition to our branch. So, will we have to pay excise duty for this ? If yes which value ,is it on selling price or equal to cenvat credit taken?


Paras Gupta
15 June 2009 at 09:03

Gift to relative

Hi

Mr X is constructing his own residential house. His brother is willing to gift him Rs 20 lacs for the above purpose- 50% in cash & rest through cheque.

Is the entire 20 lacs exempt from income tax as gift from relative?
Should they enter a gift deed??
Is this much cash as gift acceptable??

Plz guide


Mayura
15 June 2009 at 08:17

HUF demat account

My father had a HUF pan card and a HUF demat account. After his death we wish to transfer the shares to his wife. He didnt had a will. My mother already has a normal pan card. Does she need to apply for a new HUF pan card. If yes then should the new number of the pan card should be the same as of my father. If my mother ordinary pan card is ok should we acquire any other certificate or document.


charanteja.nsr
15 June 2009 at 06:49

pcc details

good morning experts
this is charan pcc student i have a doubt regarding the pcc that is, if i am not qualified for the pcc after writing my first attempt is there any delay in getting ca final attempt or any contrary to it please reveal tank you ............


A D - Loving Life
14 June 2009 at 22:43

Bank Statements related query

If i am verifying the transactions of bank statements from my clients bank books, i found out that the opening balance of bank book is 5000 matching with closing balance of last year balance sheet but opening balance of bank is 4000.
Now i found out that last yrs reconciliation one cheque was issued but was not presented of 1000 so was deducted and balance was matched with bank but why balance in this financial year bank book is same of bank book of last yrs???????
Can u clear my all concepts?????
Related to bank statemenst and bank entries


Guest
14 June 2009 at 21:36

tax audit limit -for budjet -2010-11

slab will be increase or reamin the same

clear views


Rashi
14 June 2009 at 21:15

Dividend related

Hi,
Dividend of Ambuja Cement was declared on 18th Feb 09 but I received it on 9th Apr 2009. I know there is no tax on dividend but still I need to show the dividend amount in the income tax return form.
My question is:
The dividend was declared on F.Y. 2008-2009 but received on F.Y. 2009-2010. So in which F.Y. should I show this dividend.


Meekha
14 June 2009 at 20:43

Goodwill

Can any one please help understand the whole concept and treatment of goodwill in partnership- retirement, admission etc. In cases where they are shown in books, not shown in books(balance sheet) entries, writing off, writing back, sharing between old and existing partners in sacrifice or old or new ratio etc and all other concepts? Please help me. I am not able to understand it how much ever I try. PLEASE HELP






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