Anonymous
04 September 2014 at 18:17

Audit

is CARO 2003 applicable for NOV.2014 ??????
Please halp me .......


Himanshu Garg

i have taken transfer from a firm under 1st year of articleship.
now i want to register myself in any other firm but i just read the rules for documents to be submitted for re-registration. and it said that u have to submit the ID Card which was sent to me by post by the time of previous registration. bt actually i haven't received any post from institute. now can anyone tell me what is the alternate of dis??/

if i have to write a letter to ICAI for the same requesting for the Duplicate ID Card, then is there any fee for that??

Kindly reply asap


Umesh Mahadik
04 September 2014 at 18:01

Tax benefit

One of my friend is paying home loan to Axis Bank and he is paying around 1,30,000 interest yearly. that interest amount is liable to tax benefit. but he want to settled his loan with axis bank and take loan from his friend @ rate of 4% p.a. then interest amount liable to tax benefit?



Anonymous

Hello Sir,

please let me know whether frames when fitted with lenses as per customer requirement(both frames and lenses are traded item)will fall under excise in eye ware industry



Anonymous
04 September 2014 at 17:55

Tds query

Tds is applicable on Tata Sky Recharges. If yes under which TDS Section


Niladri Bhattacharya

Profit of a Firm Rs3000/=
Interest on Capital @ 12 % = Rs60000/-
Partners Salary paid and Debited = 240000/=

Book Profit is 303000/-
Eligible Partners Salary is 90% of 303000
which is 272700 . In this case 240000 is OKay . No Amount Inadmissible .
Net Profit is 3000/- . Tax to be paid @ 30% plus Cess etc .
Is the Calculation Correct ??
Please reply at the earliest .


CMA.Baskar.V
04 September 2014 at 16:44

Tnvat - sales of software - taxable value

Sir, I need your inputs on

How determine Taxable Value for VAT applicability on software sales. Whether VAT need to be calculated on Basic Value + Service Tax or only on Basic.
For example:

Case 1 – Basic Software value – Rs.1,000/-
ST @ 12.36% - Rs. 124/-
VAT @ 5% - Rs. 50/-
Total Invoice - - Rs.1174/-
Or

Case 2 Basic Software Value – Rs.1,000/-
ST @12.36% Rs.124/-
Gross Total Rs.1124/-
VAT @ 5% on GT Rs.56/-
Total Invoice Value - Rs.1180/-

Please refer both the case and please suggest, which one need to consider (Please help me with TNVAT Act reference)


srushti sethi

it is cleared by icai that the audit report can be submitted till 30 nov. but there is no clarification for the return filing date for tax date. So what is the return filing date and submisson of tax audit report.
either it is 30 sep. or 30 nov. ?



Anonymous
04 September 2014 at 16:04

Ct-1

we are manufacture of DG Set. we got an order from customer for the same which is going to export.

but they provide me CT-1 from another party who will the actual Exporter. that means i get the CT_1 from my Consignee. is that acceptable. please provide central excise notification for the same.



Anonymous
04 September 2014 at 15:28

Capital gain

if huf sold a property to else and karta of huf purchase a new property in individual name, payment of purchase new property to be given by huf, can huf get benefit of capital gain?






CCI Pro



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