Provision was made against doubtful debtors. Subsequently payment was received from debtors. As such provision earlier made has to be written bakc. Whether such write back can be shown under the head income or not. What should be the correct way of presentation.

I am working in Export house. I want to know that if we books export bill in April 2008 and payment received in May 2009 then where the applicable Exchange rate difference in F.Y. 2008-09 or 2009-10. also
Which rate on 31 March enter and then what is the rate on payment received we calculate, please help me also give the example of entry.

Plz ans to above query in detail plz
Thank you sir

I AM COMPANY SECREATRY OF A LISTED COMPANY. ONE OF OUR DIRECTORS HAS GIVEN 30000 SHARES AS SECURITY TO ANOTHER LISTED COMPANY.DIRECTOR SHARE IN THE COMPANY IS 0.90%. PLEASE ANSWER THAT WHETHER INTIMATION TO SEBI IS REQUIRED OR NOT AND IF YES UNDER WHAT REGULATIONS AND FORM.

Dear All,

Under which tarriff head the above work comes?

means central excise tarriff head?

My client is proprietor and doing cement trading and earn commission from company.

He was registered him self as BAS category service tax receipiant in Jan 2005.

His turnover never cross for pay service tax pay hence, he was not collect service tax nor pay service tax and service tax return. Now he want to surrender his STR Certificate but ST Inspector say he must filed ST return along with panaly.

Now what i can do?

The assessee is a Pvt Ltd Co and comes under Works Contract in case of Service tax.The reteurn for Fin Yr 2007-2008 was filed on 25/8/2008 and the liab of Rs 380,243/- was paid on 25/8/2008.Needed to calculate the interest for the late payment of tax.Wt would be the amount of Interest.

the assessee comes under works contract fir charging service tax.The return for fin yr 2007-2008 has been filed in aug 25/8/2008. and even the liability of service tax which comes to Rs 380243/-is paid on on 25/8/2008.It is a Pvt Ltd Co.,need to calculate the Interest for thelate payment of the same.Want to know the basis and the amount of Int chargeable.

Regards
Rashmi Poojary

I am an exporter concern. My firm dispached a consignment in Nov.2008 from Delhi to Mumbai to ship it UK but it was being hold by buyer in Mumbai port. The same was stored in Mumbai CHA Godawn while Now in Feb.09 this shipment was returning from mumbai to delhi in our store while we have included it in Nov. Sales. How to book this trasaction is this sales return or cancelled sale

A listed company Board comprises of:
1MD,1ED,3 Non-Ed(2 are independent).
Total board Strength is 5.
Md, ED- resolution appoints them for period of 1 year,
Artciles say " MD/WD shall not be liable to retirement by rotation."

Is Section 255 complied??