My query is:

i am PE II student and as of now i have qualified only one group in PE II (Group I) if i dont qualify in the next attempt that is June 2009, what will be my position.

will i able to eligible to pcc or IPCC to pass only one group.

what will happen to the candidates who have qualifed in only one group in PE II till the last attempt (June 2009).

Thanks,
Khaleel.

I filling a return of a vegetable seller whose yearly profit is arount 1 lac, is it necessary to maintain all the record

Sir If party has deposited excess amount of service tax @12.36% instead of 10.30% and we have deposited it with the service tax authority . Can the party asked for the refund of the excess amount of service tax which he has paid to us.

I filling a return of a vegetable seller whose yearly profit is arount 1 lac, is it necessary to maintain all the record

DEAR ALL,

TRADING STOCK & FIXED ASSETS ARE LOST BY FIRE. CLAIM IS FILED AGAINST IT.
QTY VALE
TRADING STOCK 1500KG 150000
COMPUTER 1 WDV 1000
CLAIM FILED FOR 150000 PLUS 20000 FOR NEW COMPUTER.
WHAT IS TREATMENT OF ENTRY.
PLZ EXPLAIN IN DETAIL.

Can anyone help me out in a doubt relating to the above subject.

Q: Turnover for FY 2007- 08 - 700000
Total receipts in 07-08
(a)in respect of bills raised
in 07-08 - 650000
(b)advance received in respect
of service to be rendered in
Fy 08-09 - 400000
--------
Total receipts - 1050000
--------
The business was commenced on 31st Jan, 2007.
My queries are:
(i)Can i claim general exemption upto Rs. 800000 receipts, given to small service providers as my turover in 07-08 is less than Rs.800000?

(ii)Should I pay service tax on receipts exceeding Rs 800000 i.e on Rs.250000 which constitutes my advance receipts?

(iii)As my turnover is less than Rs.800000 in 07-08 can i get general exemption of Rs.1000000 in FY 08-09?

(iv)Finally what are the consequences if I am not registered in FY 07-08?

I would be grateful if any one provide me with the answers for the above queries as soon as possible.

Thanks in advance

Regards,
SRAVANI P

1. shell network is fibre optic cable supplier and he also installs cable.one of my cilent used his services. whether TDS to be deducted.if to be deducted under which section to be deducted.


2. whether TDS to be deducted on printing &stationery. the expenses incurred towards printing of answer sheets,addtl sheets, records books with logo on all these.

We are receiving services from the Govt(Surveying) for that we paid consultancy charges after deductiong TDS.

we means Company, Firm & Individual combinely receiving services.

Now we want to remit the TDS amount to Govt a/c, the deductee name what we have to mention company or firm or individual.

i hv cleared my pcc in nov'08 in first attempt. i wish to join some mid size firm which can provide me exposure to tax along with good stipend.

if i m not wrong firms like haribhakti, lodha& co require strong references plus if u get in these firms u will be stuck in one division firm years is this true please provide information abt the work experience in such firms

help me plan my remaining period of atricleship which is 1.5 yrs

Hello,

I have heard that,, motor car is purchsed in the month January 2009 depreceation rate is instead of usual 15% now it has changed to 50%???.

Is it true.