my Company is advertsing Company , no pay service tax amount from F. Y 2006-07 from month oct 2006 to till now . how to calculate Interset

A company which collects the money from the public and lends it to the B-school students at a little bit higher interest rate 12.5(Educational Loan).

The public investors who have invested, have an option to trade the debt receipts with others investors.

The loan will be paid back by the student in 5 years after he finish studying in the next 2 years.

Can a NBFC Do this? for NBFC the max time for lending is only 60 months whereas i want the time to be 84 months... Also i want to know if nbfc can allow the trading of their debt receipts with others....

Is there a different way to start a company like this? i mean if not a NBFC or Microfinance company in wat name can i register this company....

would be grateful if someone could suggest a book wherein the journal enteries for excise / cenvat are given?
Thanking you in anticipation!
With warm regards & best wishes!
Rajkumar

Residential Property purchased in the name of wife. Loan taken by husband and wife is co-applicant.

1. Can wife take benifit of interest.

2. Can husband also take benifit of interest.

3. Can both take benifit of interest.

3. What about benifit u/s 80C of repayment of loan.

A Partnership firm is in the process of dissolution. Firm is of Medical practitioners. Whether the firm can write off the medical equipment (fixed assets) from the books? If yes, under which section of Income tax act?

Ours is a Export oriented Mfg. Company.(Not 100%)
Total Turnover consist 70-80% Exports.

What are the ways for Refund of excise?
Is there any way so that We need not to pay Excise and avoid Refund procedure?

The other thing is that how can we avoid to pay excise on input raw materials which are used for Mfg. activity and the Final Product is sold out in Domestic as well as out of India.

Pls. give me the solution.

Sir, we want a projection format for open a cash credit a/c in a bank. we hope, u will be send this as early as possible. thnaking you.


regards,


arun

Ours is a Export oriented Mfg. Company.(Not 100%)
Total Turnover consist 70-80% Exports.

What are the ways for Refund of excise?
Is there any way so that We need not to pay Excise and avoid Refund procedure?

The other thing is that how can we avoid to pay excise on input raw materials which are used for Mfg. activity and the Final Product is sold out in Domestic as well as out of India.

Pls. give me the solution.

I had taken the Loan for the construction & after construction i will given the same property on rent.
Now whether i want that all the amount payable such as interest & principle would be set off against such rental income?

weather i should giv both groups of IPCC in nov 09 or only one group...my aim is to get a rank...and i came to know that it is possible with both groups simultaneously