hello sir,

i have appeared for CA-PCC Nov-09 attempt
please tell me how to study....
i am completed my all tutions....
but i am not stating my study properly...
i used following books for study
Acocunt - modules & my tution material for problems & theory
Audit - padhuka prakashan, compilation
Law - padhuka prakashan, compilation
cost & FM - tution material, padhuka prakashan, compilation
Taxation - only Bharat prakashans written by gupta ahuja

so please tell me this books are sufficient for studies...
or can i complete my study in remaining 5 months...if yes then please tell me the way of proper study like time table please....

my question was regarding how to avail DIN for a nonresident, what document required for availing DIN and what is the process IS THERE ANY PROCES WHERE THE CANDIDATE SHOULD SIGN IN FRONT OF ROC ETC

Hi,
If a company purchases some tools or spare parts which are although of Capital nature but due to small amts, charges in books in same year. Now the Excise duty paid upon the purchase will be considered as for Capital goods and be eligble for input in two years or can it be claimed in same year in full.

Please advice as to whether the service Tax will be charged on amount collected for fumigation/disinfestation of Export Cargo in Containers at Inland containers Depot/Container Freight Station or not. If yes under which Service.
If aservice provider is providing the service of Storage & warehousing ,Cargo handling to Service receipnt alongwith this Disinfestation facility under which Service amount received for Disinfestation service will be charged.

how to calculate service tax after the notification issued when the bill is issued before the ammendment

Sir,

My company paid excess advance FBT for the year 200-07,but till now no assessmentand no Reund by Income tax Department.

pl explain what is the procedure for getting refund of excess paid advance FBT.

yours faithfully

G Ramesh babu

NRI of Indian Origin, would like to buy Plantation property with permission from RBI/ Govt. of India. Whether possible and if possible what is the procedure?

Section 40A (3)
The provisions of the section will apply if
Condition: 1
The assesse has incurred an expenditure which is otherwise deductible under the provisions of the Act for computing the income under the head Business/Profession Income. The amount incurred Exceeds Rs.20000/-
Condition: 2
The payment for the above mentioned expenditure (or part thereof) Exceeds Rs.20000/-
Condition: 3
The payment mentioned in (ii) above has been made otherwise than through an account payee cheque or account payee bank draft

Query: Accordingly if the assesse has incurred an expenditure on printing and stationery to Raj Stationers vide Bill No.1 Rs.18000,Vide B.No.15000.The assesse has cleared the above payments amounting to Rs.33000/- in cash in a single day .Whether provisions of Sec 40 A(3) applies to the above mentioned case ?
Solution: No, section 40A (3) does not apply in the above case.
The same view is supported by the author singhania in taxmann publication and another author in bharath series student guide to income tax.
Whether there is any notification or circular supporting the above view or contrary to the above view?
Please help me urgent, thanks in advance ?

One assessee having turnover of more than 40 Lakhs didnot audited his account, filled IT Return for A.Y.2005-06 on 30th July 2005.The return was processed u/s. 143(1) on 10 April 2006.Show cause notice u/s 274 r.w. Sec. 271B was issued by ACIT on 15June 2006. ACIT passed penalty order on 30Jan.2007.
Whether penalty order is passed within limitation u/s.275?, If assessee does not maintain books of account,then what will happen?, What other way you suggest?..

Hi,

There is a pvt. ltd. company in which three directors are there. All the diretor among them are having equal shares. Director salary(remuneration) is outstanding from last two years to one of the directors. Directors among them have quarreled and the director among them ,whose salary(remuneration) to him by company is outstanding, is asking for the salary. What the director can take action against the company.?