I purchased a Deep Discount Bond from Sardar Sarova Narmada Nigam Ltd in 1991 in name of my minor child. This is due for redeemption now. If I redeem now I will be paying huge amount of tax. My child will become major in next 3 months. If I wait and do not redeem, I can get the status changed to Major after 3 months. In this case, all earnings will go to my child's name. Due to low income, there will NOT be any taxable amount in child's name. Will I be able to save on my tax liability by pushing the redeemption request by 3 months?

Hi to members.
By next year i am going to complete the articleship period of two years and in the third year, i would like to go for industrial training. But i don't know about in which company i can join as inudstrial trainee? And at the same time i would like to join the companies having SAP as their erp program.
Pls, anybody direct me about the SAP operating companies offering Industrial training.

Respected Seniors & dear colleagues......

please guide me with regards to preparation of both groups of ca final(old) to be held in may 2009...

Require suggestion on how to plan all subjects in given time...So that sufficient time available for revisions...

how much stress to be given subject wise...

how to score 60 + in Mics, audit, law ,idt-- best strategies ..

all your help will be highly appreciable...

Thanks everybody for helping me earlier also

with best regards

sanjeev

Respected Seniors & dear colleagues......

please guide me with regards to preparation of both groups of ca final(old) to be held in may 2009...

Require suggestion on how to plan all subjects in given time...So that sufficient time available for revisions...

how much stress to be given subject wise...

how to score 60 + in Mics, audit, law ,idt-- best strategies ..

all your help will be highly appreciable...

Thanks everybody for helping me earlier also

with best regards

sanjeev

Can anyone tell the situational difference between Food & Beverage and staff welfare in calculating FBT?I know staff welfare liable to FBT whereas Food & Beverage not.

My firm is a Partnership firm we are basically engaged in construction activity so we purchase goods for construction purpose but our CA told us that there is no need to return VAT. we just submit nil return my query is that is it correct to submit nil return.

We avail CHA services while importing various raw material (RM).

CHA is paying various Service Charges while importing RM, he pays service tax on these services.
He is not availing service tax credit on these services and charges this in our bill (Basic+S.T.)+Agency Charges.

Query is:-
Can we avail credit of the services availed by the CHA.

Please give the Service Tax provision or Cas Law if any.

Thanks & Regards,

Sanjay

sir,

Whether excess payment of service tax under one Service Tax Registration No. (for one service) can be adjusted against short payment of service tax under another registration no. (for another service) being provided by the same organistion?

If yes, please let me know the relevant section and rules in this regard.

The Magi Refrigeration Company manufacturing refrigerators has production Plant in three cities A,B & C. Suppose for a three monthly period the production capacities are as follows

Plant (in city) Capacity (in units)

A 4000
B 8000
C 7000

Suppose further the company has four distribution centres whose demand is

Distribution Centre
(in City) Demand (in units)

D 5000
E 2000
F 6000
G 4000

The problem is to determine how many units should be transported from each plant to each distribution center so that the total cost of transportation is minimized. Given the cost in rupees for each unit transported on each route is as follows:

From To D E F G
A 42 70 65 78
B 35 64 69 84
C 27 58 70 80

Formulate this problem as a linear programming problem to minimize cost.

a company has liability for import services.but co. has services tax receivable (credit) balance are available against rent services. can company are able to get credit from rent services against import service liability.