If we purchase bed, bedsheets, pillow, towels etc for a service apartment worth Rs.40000/-. My query is whether we should treat this as revenue exp. or capital exp. and why? Under which head?

RAW MATERIAL VALUED AT COST AND FINISHED AND WIP VALUED AT LOWER OF COST OR MARKET PRICE. CAN THE COMPANY DO SO.
PLEASE ANSWER

Dear sir,
how much distance stands extended under the Indian territorial waters, 12 nautical miles or 200? (as applicable for the current A.Y.), for the purpose of Excise. with reference to case-'ABAN LOYD CHILES OFFSHORE Ltd.' 2008, Supreme court considred 200 nautical miles as under indian territorial waters.

Dear Professional Couligue,

My friend has taken termination on 6th april of this year he has not yet joined in another firm.
he is going to join in another firm in the next week.
is this transfer will be valid
other wise what he has to be done
please advice me

Dear Sir

Is excise duty and sales tax exempted in uttaranchal?

if we sell goods from andhra pradesh to uttaranchal do we need to charge excise duty and sales tax or it is exempted for the sales made to uttaranchal?

Regards

Phanindra

Presently we are clearing our goods by paying customs duty at hyderabad for the imports made by the company. due to increase in logistics cost we want to pay customs duty at chennai and clear the goods at chennai itself.

Will the shift of clearance of goods from hyderabad to chennai has any affect on cenvat credit on imports availed by the company.

if an employee is a deputed employee and he goes for conference than he will come in conference exp. related to fbt

Can I have deduction of Interest received of investments made under section 54EC i.e in NHAI bond or REC bond

Other thing is that at the time or redumption of Bond after 3yrs. what amount is taxable??

Thanking you for your valuable time.

Who is liable to pay service tax on freight?
Is it make any difference if freight is paid by consignee on behalf of consignor?
Is it make any difference , if freight is not shown seperately in invoice?

Who is liable to deposit service tax on services of goods transport agency transporter, consignor or consignee? What if the transporter is registered under service tax act?