expenditure incurred in replacing petrol engines fitted in jeeps with diesel engines in view of the old and defective condition of the existing engines and the price variation in petrol as compared to diesel... is it a capital expenditure or a revenue expenditure?

If we service more than 8 lakhs per month. it will effect service tax or what? Kindly given more details about service tax on Offset printing. our nature of business is Photo Albums. video mixing, color zerox, camera sales etc.,

In course of audit, the auditor found credit item of Rs 5lac on enquiry the auditor was informed that (1) This was very old credit balance and (2) the creditor had not approached for payment , Beside the creditor could not be traced and therefore , confirmation of credit balance was not available .

How this will be dealt as an auditor ?

regards,
preeti

I have received my cs membership in June 2013 and Certificate of Practice by July 2013. My query is can I sign Compliance Certificates for the Quarter Ended March, 2013 after receiving my COP in July

WHAT IS NIL BALACE SHEET.

IN A REAL ESTATE CO,IN CONSTRUCTION SERVICE IN WHICH WE ARE AVAILING 75% ABATEMENT,WE CAN AVAIL CCR.ON INPUT SERVICE RECD.BY US FROM 01-07-2012.BUT I WANT TO ASK A QUESTION,CAN WE AVAIL CCR.ON INPUT SERVICES RECEIVED BY US BEFORE 01-07-2012 & BILL IS ALSO RAISED BY SERVICE PROVIDER BEFORE 01-07-2012, BUT BILL BOOKED BY US AFTER 01-07-2012?

what r the consequences if gmcs 1 is not completed within one year of article period? i heard that final attemp will forwarded 2 six months is it correct?

under Reverse Charge Mechanism:

1) Whether S.Tax paid by the service receiver can be claimed as service tax input credit by the service receiver
2) Whether the service provider can claim as refund if he is not supposed to service tax registration
3) How to deposit the tax in what head in service receivers books
4) Any special return has to be filed
5) Any certificate to issue to that person i.e service provider

Dear Sir
I wand to know that 'A manufacutring company service tax input avialing of RS. 100000/- but Assessing Officer disallow service tax input of Rs.20000/- he say service tax input can not we avial on Rs. 20000/- he say deposited service tax amount with penlty and Interest so i want to know what is the penlty and intrest on Rs.20000/-

Dear Expert,

1) If i have buy 10000 share of Rs.10/share & same day sold 10000 share of Rs.12/share
what entry coming??

2) if i have buy 10000 share of Rs.10/share & sold after 6 months of Rs.15/share
what entry coming??

3) if i have buy 10000 share of Rs.20/share
& sold after 13 months of Rs.25/share
what entry coming??