dear sir/ madam
i cleared my CA enterance ie CPT in first attempt held in august,2008. After clearing CPT i registered my self for PCC and currently working under a CA as an articled assistant. I am doing my articleship along with bcom. my querry is that is it possible for me to give PCC exam after my graduation ie in 2010 becoz i dont want to give it in May 2009 (actual attempt if i go by procedure) as it will be clashing with TYbcom .......
i m really very confused..wiil it be creating any problem.... please guide...
i shall be highly oblighed

Dear Sir,

Our Company is in Manufacturing of Dies and Punches and as well as do Trading of Machinery and we get commission for the same in Forex and also we get service income on AMC of Machinery in india Our Books of Accounts are maintained Division wise I.E. Manufacturing Div and Trading Div My query is

1) Commission which we receive is totally 100% in forex and we dont levy service tax on commission income but we levy service tax on AMC for the Machinery and total earnings which we receive is in indian rupees so can we get input service credit against the output service tax also if the input service tax is more than the output service tax can we take input service distribution credit and raise bill on our manufacturing division

2) How much percentage of Input credit can we avail against out put service if we provide both export and non export service


Regards

Ravi Konda

Sir,

We have make provision of expenses on 31-03-08 after deducting TDS.

The due date for making payment of TDS is 31-05-08. But we forgot to pay pay TDS can we now make payment today?

After making the TDS payment late whether the expenses can be claimed in the F.Y. 07-08?

Also tell me whether it is necessary to deduct TDS while making provision of Audit fees as on 31-03?

Please guide.

i want to know if a hospital can take credit of vat on items (medicines) purchased assuming it is registered and what is the case with regard to machinery purchased for performing operations

We have declared devidend for the fy 2006-07 not paid till date along with Dividend Tax.. Pl.Help me what are the Compliances?

Hi

I'm a PE-II student, who last appeared in November, 2006 and due to non-availability of leave could not appear thereafter.

I have directly enrolled in PE-II on the basis of my graduation, other than this i have done my CS and LLB also.

Now with the change in syallbus, do i have to appear for CPT or i will be enrolled in PCC. And by the way what is this PCE.

Please clarify the situation.

what is meant by deffered tax asset & deffered tax liability

Whether TDS borne by the deductor can be claimed as an expense in the books of the deductor?If yes, under which section of Income tax act,1961?

Hello,

First of all I thanks to caclub india for their efforts to bring professionals at a single point.

My queries are following:-

(1) First of all I wants to know that when a salaried not comes in tds bracket then his employer will issue form 16 or salary certificate and what is the difference between both of above?
(2) Plz tell me about concept of at par cheque, high value cheque and outstanding cheque.
(3) If we have not been deducted tds on interest payment to a party for payment in the month of march 2008 then what wil be the adjustment suggestable sothat we comply with the law? Also show me the adjustment entry for above adjustment.
(4) If we have not deposited tds of march 2008 till date then what consequeses happenes?

Plz reply me above queries as early as possible

sir,
i want to know regarding non deduction of tds on reimbursement of expenses by a person(IInd party) to another person(original party) who already deducted TDS on same amount and deposited. (for example a subsidiaries paid rent 0f rs 140000/ and deduct tds and deposited and get reimbursement of same amount rs.140000 from holding co. however holding co. not deduct any TDS on such reimbursement)

I need your expert opinion on this metter. please send me supported sec. and legal opinion if any on my e-mail address - canishantchaudhary@gmail.com


thank u

truely

Nishant