Finance Bill 2014 provides that CSR spending u/s 135 of companies act, 2013 will not deductible under section 37(1) of Income Tax Act,1961.

And my query is this if this is not deductible u/s section 37(1) then what will be its accounting and tax treatment?

We utilised cenvat credit of BED & Additional duty on custom on input which invoice raised by second stage dealer. This input rejected by our QC for quality parameters so we want to send back the material, please guide us how do we reverse the above credit. Shall we release our sales invoice with mentioning BED and ADC & VAT? Also how shall we show this transaction in excise return ER1?

Friends,

Please guide me regarding IPCC coaching classes for both groups to be held in DELHI..........

I will be thankful to u for ur guidance ..... Mohit

Sir , i am actually confused about my career. i wish to pursue CA but i already have gap in my studies while doing inter . i qualified CPT but waited to complete my B.com then pursued my IPCC but i lost my father in between and financial problem came as a barrier .so i did my M.com for two years . i have got offer from a bank as a probationery clerk . but at the same time i wish to continue CA also . so i just want to know if i make CA as a choice will i be able to get a good job just like the freshers doing CA ccourse. or should i go to banking sector. just guide me the decision that i take today is crucial please help i am very confused

I am a resident . my relative is NRI and he has a NRE account , he want to give me a gift cheque of Rs 25 Lakhs through his NRe account. I want to know whether this gift is taxable or not in my hand

I am working in a company in Zambia, Africa. I am receiving salary from that company. I have already paid my income tax in Zambia as per there rules. I want to know, now again I have to pay income tax in India or there is no need to pay income tax again? Or any other procedure, please kindly let me know.

Hi,

I own a house in Goa which I have given for rent. The amount earned by me is Rs. 40000 for the first quater. Do I have to pay tax for the same? If yes, how do I go about doing so? Is it alright if I declare the same at the end of the year?

Since I'm married here, I fall under the portugese civil code. How do I mention the same on the ITR?

Regards,
Joseph

Gov providing subsidies to sme for machine purchase if anyone having brief knowledge about it let me know what is the criteria for that ? Return requirement ?

Can someone please suggest me reference books for cs professional new course

Sir,
Please explain