can we take input credit on manufacturing excisable goods as well as conditional manufacuring product which is say that if you dont pay excise on such product than you can not take credit.
please provide me can we take credit on excisable product if we manufacture excisable goods as well as conditional excisable produt.
If I have made the payment covered under sec 43B in AY 2013-14 but have not claimed the same in that A.Y. , would that expense be allowed to me in the next A.Y. i.e. A.Y. 2014-15 ??
and if it is disallowed then under what head would it be disallowed ??
Thanx in advance
My frnd had appeared for may-2014 ipcc xm..he is saying that he had 50-50 chances to clear ipcc...if he wishes to attempt 2015 may xm..what is the last date for articleship through direct entry scheme..?
Can someone send me the checklist for issue of further shares to existing members as per the Companies Act, 2013 of private limited company who is a subsidiary of unlisted public company. Its very urgent
i am running a business of manufacturing of hand tools. i want to know if some party ask me to manufacture for them and in that case they provide me with a raw material, will that be consider as a job work or not? and also if they dont provide raw material i.e i purchase raw material myself what will be the nature of the transaction. and its accounting treatment.
another query related to this is that, at the time of making a bill am i going to charge vat and excise (as mine is a excisable unit) or serivce tax? plzzz clearify..
thank you
many times we heard about a student who is brilliant in studies from academic level gets rank in ca final exams..or students who get ranks already holds ranks in inter level...is it not possible to score a rank in ca final even if you are a failure from beginning??
Sir,
I am resident of Krishna Nagar Near Adarsh Nagar, Jalandhar City, Punjab- 144002.
I have to submit form 15G to Sahara India Pariwar. So i want to know that what will be the Area Code, AO type, Range Code, and Range No. for the above address. please reply soon
Thanks
A person has the following shares of a Company :-
(1)36 shares @ 249.51 Total Cost - 8982.36
(2)200 shares @ 660.97 Total Cost - 132194.00
(3)708 Bonus Shares Total Cost - 0
TOTAL 944 Shares
All these shares were of face Value Rs.10.
However, recently , the Company did Capital Reduction & reduced Face Value of every Share to Rs. 5. As a result , the person received Rs.5 x 944 shares = Rs. 4,720 from the Company .
What would be the correct way (According to the Indian Income Tax Rules ) to account for this Rs. 4,720 in books of Investor ?
sir our client has account in state bank of India. SBI will transfer in Indian Currency to Bank of Tokyo and Bank of Tokyo will make payment in foreign exchange to the receipent, which bank name should be enter in form 15CB either SBI or Bank of Tokyo as remitter bank
how can we taxable income from mutual funds specially SIP (systematic Investment Plan ) . for ex. Rs 5000 invested per month for 5 years starts from 1.10.2012 and we sold on 31.3.2014( Months 18 ) i.e 18 * 5000 = 90000 and we received Rs 120000 then how much we have to pay tax for F.Y 2013-2014. ( period from 1.10.2012 to 31.3.2013 ) will be long term and rest will be short term.
Its really urgent and it will be great if anyone can reply me
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Allow input credit on conditional excise sales with taxable