Is Fringe Benefit Tax Applicable on Travelling expenditure incurred for the purchase of machinery? I read somewhere on the net, may be on caclubindia.com, it is not applicable on it, but unable to locate it again. Plz facilitate & if not applicable, how can i prove my point? my e-mail id: varunk.gupta@yahoo.com

SSI Unit registered under Central Excise CENVAT doing Exciseable Turnover less than 100lakhs each year for past five years. Non-Exciseable Turnover of about 100 lakhs which is "AS SUCH" SALES. No payment has been made in the PLA Account.
And Now surrendered the number year ending March 2008. After 3 months the Excise Audit Call has come from the department.
Is the Excise Audit applicable in this case? Please suggest.

i hv just given CPT xam.......result awaited ..........today i met a CA....4 my articleship.....he said that timings 4 articleship r frm 9:30 am to 5:30 pm........n he also added strictly that i must be there with him during these timings......so hw could i manage time 4 my pcc classes n my studies................n plz suggest me best coaching classes 4 pcc that will suit the timings 4 articleship..........i m living in delhi........plz help me out i m very depressed.....

I AM CONFUSED REGARDING TAX DEDUCTED AT SOURCE BASICALLY WHAT IS TDS

We are looking for a CA who can handle and manage business tax returns activity at the end of the year and investment activities throughout the year for an NRI who has business interests in India and would like to actively invest in the Indian market.
Appreciate with some background details.
-C. Sekhar

A person has received salary from 3 employers. say A-10000/- B 30000/- C- 50000/-

employer B in his form-16 includes salary of A also and show taxable salary as 40000/-

guide while filling the information in form no 1 in the details of tds deducted on salary than in case of B how much salary should be mentioned whether 30000/- or 40000/-

vibcondelhi@indiatimes.com
CA Sanjeev Jain
9811274429 Delhi

An assessee had been filing return in kolkatta before marriage . After marriage in Delhi she Applied for New PAN CARD(surrendering the old one) by changed address of Delhi.NOw can she keep on filing return with changed PAN(number)in the same ward in kolkatta?(source of income interest and tution fees)

Dear Experts,

Whether LTCG on sale of shares & securities is taxable under the MAT or not?
pls.confirm.

I also need guidance note for MAT & computation of MAT, if anybody have pls.very urgent

Pls.reply asap.

Regards,
Prakash Jasani

Email ID: prakashjasani_56@rediffmail.com

can we take vat set off more than the laibility of sales tax and show the sales tax laibility as a debit balance in the books of account.

Sir, one of my client had commenced windmill project during the year 2006-07 from april 07. He had claimed depreciation @40% instead of 80% and for the balance income after deducting the above depreciation he had paid Income tax. Whether can he claim depreciation @ 80% for the FY 2007-08 from the opening WDV or whether it is possible to file a revised return and get refund of tax paid for the year 2006-07