dear experts,

i am a trader situated in tamil nadu. my transaction will be as follows :
1. i will purchase from a manufacturer in tamil nadu
2. and then sell to a SEZ unit in andhra pradesh.

i had a few clarifications in the above transaction :
1. during purchase from manufacturer in tamil nadu do i have to pay vat
2. during sales to sez can i claim duty draw back?.

i would appreciate your reply in this matter and also i am looking for a consultant for this matter.

rgds / shujay l

plz frnds suggest me wt i will do?

in my 1 st attemt i got 137 marks in 1st group and fail in all subjects.

2 nd time 58 in fm and fail in all subjects(total =140)

may13 48 in acc. , 47 in fm, 20 in audit , 35 in law (total= 145). i lso gave 2 nd grp this time and got 45 in costing and fail in all subjects due to prepareation is not done in 2 nd grp.

after giving exam i join a firm for taking practical experience and in these days not studing due to work .

frnds wt can i do ? my confidence become loose very much my study is not going .iam very frusted sometime i think that i wnt to do suicide.

plz plz plz ... suggest me can i leave ca final or job or continue both.

also suggest me how to handle theory subjects bcz my theory subjects is very poor.

Can the interest be withdrawn from investment done in Capital Gains Scheme Accounts??

I wanted to ask you that i stay in Mumbai i have completed 1 year and nine month of Articleship. Now my family is shifting in Rajasthan.
Can this be a valid ground for transfer of articleship.Do i need to give any proof to ICAI regarding my Shifting.If yes then what proof do i need to give it to ICAI
What all procedure i need to follow for transfer of articleship.
PLEASE HELP ME...
AS WE ARE SHIFTING IN 1 MONTHS TIME

WE ARE IN BUSINESS OF HOTEL RIGHT NOW WE ARE CONSTRUCTING HOTEL , WE HAVE ENTERED LABOUR CONTRACT WITH EX-PARTY WITHOUT MATERIAL AND WE SUPPLY THE MATERIAL TO THE LABOUR CONTRACTOR......?
IS SERVICE TAX IS APPLICABLE ON LABOUR CHARGES INCLUDING MATERIAL OR ON ONLY ON LABOUR CHARGES
AND IF APPLICABLE PLEASE GIVE RELEVANT INFORMATION

IF THERE IS ANY DEFECT IN THE IMMOVABLE PROPERTY LIKE HIGH VOLTAGE WIRE ON THE ROOF OR PIT IN FRONT OF THE PROPERTY THEN THE VALUATION CAN BE ACCEPTED LOWER THAT THE VALUE DECIDED BY THE stamp duty authorities.. IF YES THEN PLZ TELL ME ANY CASE LAW OR CIRCULAR RELATED TO IT...

1[THIRD SCHEDULE
Securities and Exchange Board of India
(Venture Capital Funds) Regulations, 1996
[See Regulation 2(3)]
NEGATIVE LIST
(1) 2[***]
(2) Non-banking financial services 3[excluding those Non-Banking Financial
Companies which are registered with Reserve Bank of India and have been
categorized as Equipment Leasing or Hire Purchase Companies.].
(3) Gold financing 4[excluding those Companies which are engaged in gold
financing for jewellery.].
(4) Activities not permitted under industrial policy of Government of India.
(5) Any other activity which may be specified by the Board in consultation with
Government of India from time to time.

Question:
As per Point (5) what are the items specified by board in consultation with GOI under the negative list.

What is the process/steps for change of name of an existing company.What are the forms to be filled to MCA. How long does it takes to get the name approved from MCA.

tHANKS

Are the Banks liable to deduct TDS under Sec 194A for FD's created by Government Units (for eg. Indian Army invested funds in Bank)??

If TDS is not required to be deducted then what is the correspondence to be given to the Bank for not deducting the TDS??

Dear Sirs,

Please reply for the following query considering the below facts.
1. Interest Income Rs.10,00,000/-
2. Interest paid on Overdraft Rs.5,00,000/-

As per assess, Assess took the OD for earn some extra interest. He wants to adjust the interest exp. from interest income. He want to pay tax on Rs.5,00,000/- (Rs.10,00,000-Rs.5,00,000)

My contention: Interest income taxable under the head “Income from other source” therefore we should not allow interest on OD as a exp., we should not deduct it from income. But assess contention that he took OD for earn this interest income, principal of nature of justice, exp. should be deduct from income.

Please advise on the above matter in the light of Income tax provisions.