Anonymous
27 June 2013 at 12:14

As-26

Is website development an intangible asset?


Achint Porwal
27 June 2013 at 12:12

Proof of export advice

Dear Sir,

One of our customer whom we supplied the material on CT-1 Bond, ARE-1 and Form H basis. Supply under Merchant Export.

As per rule we have to submit PROOF OF EXPORT to their respective department with in 180 days period. But our customer said that his Bank LC is 180 days so he couldn't get BRC before 180 days so he can't provide PROOF OF EXPORT in above said period. Than he provided us Bill of lading and Original Form H.
But after 180 days and 60 days more but he is not position to provide PROOF OF EXPORT so my query is:-

As per rule 4.1.2
1) As per Central Excise Manual , In the case of Export Merchant Exporter the document prescribed by the sales tax department will be accepted as a PROOF OF EXPORT, Is Form "H" is acceptable as PROOF OF EXPORT.
Because Range office says that Form "H" is not sufficient documents as a Proof Of Export .
Is FORM "H" is enough as a PROOF OF EXPORT for Central Excise Authority ?

2) If our customer is failed to submit Proof Of Export to us than whom is liable to pay CT-1 Bond amount with Penalty.
Are we liable to pay ? or our customer ( Merchant Exporter )will pay ? and Whom Show cause notice to be issued ?

What steps we can take further to issuing Proof Of Export.

Please advice on above issue.

Thanks in Advance.

Achint Porwal

+91-9425195253


Mekhala
27 June 2013 at 12:03

Accounts

dear sir,

I have a interstate purchase of raw material the seller is paying the feright on our hehalf along with the ST on the feright. are we eligible for the st modvat? or only we have to pay the feright and not availe the Service tax modvat?



Anonymous
27 June 2013 at 12:02

Ca final coaching

Sir,I am ca Final Student.And my Final attempt is nov14. But till now I have not started any subject class.Nd the timing of all the batches of different subjects are clashing with each other.Say SFM batch of Aaditya Jain sir is going to start from 2 sep Regular morning batch.. but Along with this Idt Batch of Rajkumar Sir is also going to start in oct 1st week regular morning batch..so plzz guide us dt how should we plan our classes.. Seeking For Ur Guidence.


sai prasad
27 June 2013 at 11:39

Income from salary.

I have small query.

Can a xyz employee claim HRA
Under Allowance
1) HRA

2)XYZ declares income from house property for one house only.

3) Can he claim "Interest on Housing loan" which is below 25 lakhs.

4) Claiming Under Sec 80C (Max 1,00,000)
Part payment of housing loan 50% above amount as principal payment of housing loan.

Can XYZ employee claim all 1,2,3 & 4 Points from his income from salaries as he declares to employer.

Regards


Abhijit Rane


PLZ GUIDE ME ON THE PROCEDURE TO BE ADOPTED FOR CHANGE IN DESIGNATION OF DIRECTOR TO MD IN A PRIVATE COMPANY.

HE WAS A MD IN ONE OF OUR OTHER COMPANY IN WHICH I HAVE TO CHANGE HIS DESIGNATION TO NON EXECUTIVE DIRECTOR.

SECONDLY I WANT TO MAKE HIM MD IN OTHER COMPANY WHERE IS IS ALREADY A NON EXECUTIVE DIRECTOR AND PAY HIM REMUNERATION/SALARY FROM THAT COMPANY.

PLEASE GUIDE

REGARDS,

ABHIJIT



Anonymous
27 June 2013 at 11:07

Ser tax credit/setoff

We have paid service tax on purchase value of office property. Whether this service tax paid can be set off / credit availed against service tax liability from professional income?


ashay joshi
27 June 2013 at 11:06

Tds 194j

whether tds is deductible u/s 194 J on Medical training ?



Anonymous

Dear Sir

we have made tds e-payment in wrong section code in challan i.e. insteade of writing 94 c entered as 94J (somepart of amt is for 94J in same challan). How to make correction in this situation? can we put in tds return under remark coloum as how much is for 94C & How much is for 94J ? pls suggest


CA Vedant Shukla
27 June 2013 at 10:43

Return of income.

If by mistake return of income for A.Y. 2012-13 is filled on 16/03/2013 as Nil income. But in real it is pending. Already return is belated as setion per section 139(4), so it can not revised. ITR V is till not send to CPC centre. There is any option to fill return for the A.Y. 2012-13. Please reply.






CCI Pro



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