amendments in rent free accomodation as a part of salary for A.Y.2007-08

Dear all,

I am a qualified Chartered Accountant.Now I am planning to do ICWAI cource.Whether I need to take permission of our Institute for the same? Also guide me in regard with future opportunities for ICWAI & cource details in brief.

Sir,

On which qty. ED require to be paid?

1. In house Analysis testing
2. Out side analysis testing
3. Stability study sample
4. Reference sample (Preserve for reference, market complain...)

Testing is part of production?

I have a query which I shall be thankful if you reply. The query is as under:

VAT & Service tax is now treated as Current Liability account by the assessee following mercantile system of accounting. It is not Debited/Credited to the Profit & Loss account. Whether amount payable but not paid before due date of filing income tax return will be covered by the provision of section 43B? Section 43B speaks about deduction & disallowance which automatically implies having deduction / allowance under the P & L A/c. Please advise. [Geet Kanchan]

I AM A STUDENT OF CA FINAL YEAR. MY 1ST ATTEMPT IS IN MAY 2009.AS THE BILL FOR NEW DIRECT TAX CODE IS EXEPECTED TO BE PRESENTED VERY SOON.

1. BY WHEN NEW DIRECT TAX CODE IS EXPECTED TO BE IMPLEMENTD?
2. SHOULD I JOIN ANY COCHING CENTER FOR THIS SUBJECT RIGHT NOW OR WAIT FOR NEW DIRECT CODE.

I AM A STUDENT OF CA FINAL YEAR. MY 1ST ATTEMPT IS IN MAY 2009.AS THE BILL FOR NEW COMPANY ACT IS EXEPECTED TO PRESENT IN THIS WINTER SESSION.

1. BY WHEN NEW COMPANY ACT IS EXPECTED TO BE IMPLEMENTD?
2. SHOULD I JOIN ANY COCHING CENTER FOR THIS SUBJECT RIGHT NOW OR WAIT FOR NEW COMPANY ACT?
3.BY WHEN THE DIRECT TAX CODE IS EXEPECTED TO BE IMPLEMENTED?

Sir,

I am from Pharmaceutical company.

We are manufacturing and also sale the third party (TP) purchased goods received from other state.

We sale both the goods (means self mfg.ed goods and TP goods ) to Super stockist and Consignment Agent.

We are paying the amount to CA which amount they will pay service tax.

CA agent are paying service tax through GAR-7.

After paying Service tax by CA through GAR 7 (TR-6), can we avail the service tax credit?

1.what's the minimum no. of years for a person whoz passed CPT and just enrolled to pcc; and then got admitted to b.com

2.Do we need original migration certificate of class 12 board exams for its application?

3.Do we have to attest our certificates from the principal of our high school

can anyone mail me the solved answers of ca final nov 2007 exams?

There is a back to back work contract agreement between a contractor and a sub contractor.The clause of agree. is that contractor will raise a bill of gross amt. to contractee. and out of the payment received from the contractee, the contractor will deduct a sum of Rs. 5% of amt. received(out of gross bill local taxes and TDS will be deducted) and than the balance will be paid to sub contractee. My query is on which amt. the contractor will deduct TDS and make a payment to sub-contractor(whether on gross amt or on the amt. to be paid tothe sub-contractee). and whether this 5% amt will come under the purview of Sec.194J.