SIR,A PLANT AND MACHINERY W.D.V AS ON 31.03.2013 RS.20.00 LACS RE VALUED AT 30.00 LACS
PLEASE GUIDE ME HOW THE ENTRY OF RE VALUATION AS WELL AS DEPRECIATION WILL BE PASSED IN THE BOOKS?

if a company carry on both type of restaurant
Quick service restaurant(QSR) and casual dining restaurant(CDR),
Can company not take cenvat credit of input services used in QSR on the basis that outlet(OSRs) does not have any output services?

THE PROVISION OF FORWARDIND THE BANK STATEMENT OF TRANSACTION TO ITD BY BANKS IN CASE THE CASH RECEIPTS /PAYMENTS EXCEEDS 10LAKHS IS APPLICABLE IF PARTY DOES NOT WITHDRAWS THE AMOUNT BY CASH BUT BY SELF CHEQUE AMOUNTING TO RS.1500000????
PLEASE REPLY

My income is beyond taxable limit for assessment year 2013-2014, but to avoid TDS on bank interest, I had filled form 15G due to lack of knowledge, so bank has not deducted TDS, now I want to pay income tax on bank interest which I have earned during financial year 2012-2013, now what should I do? Under which category I have to pay the tax and how to state it in ITR-1 for assessment year 2013-2014.

namaste all,
Mr. ABC a manufacturer supplying engineering items to defense industry (govt) where as defense is giving excise exemption certificate to ABC for not charging excise duty to their supplies under notification 10/97 C.E. (exemption to research institution),
Now C an ABC Avail the same benefit on his inputs from excise duty by his suppliers using the same exemption certificate or is there any other way to claim excise duty paid on his inputs

We are the exporter of Chemicals. We purchase input and pay service tax on transport under reverse charge. Can we claim exemption of this service tax under benefit of export or claim rebate. If yes what is the formalities we should comply for the claim of this exemption/rebate.

Mr. X, a Non Resident has sold a resi. property(A) in FY 2012-13 and earned Capital Gain of Rs.70 Lacs. Mr X already owns another resi. property(B) in India. Mr X wants to invest his capital gain amount in order to claim exemption.
No the query is:

1. Is exemption u/s 54 is applicable to a Non Resident?
2. If Yes for 1. , then can he claim exemption if he invests the gain in another resi. property(C) when he already owns another resi. Property (B)?
3. If yes for 2. Then can he buy a property abroad and claim exemption?

As an individual tax payer, which type of taxes are paid under advance tax, self assessment tax or regular assessment tax? Please give me guidance.

WE HAVE PAID EXCESS TDS,IN Q4 OF FY 2012-13, BUT WE HAVE NOT SHOWN IN Q4 RETURN.

1. CAN WE USE IT FOR NEXT FY. ?
2. IS IT WE HAVE TO SHOW IN THE RETURN ?
3. OR ELSE ANY OTHER WAY TO USE THE AMOUNT OR REFUND ?

Hi I am a chartered accountant working as Finance,Accounts manager in pvt co.although I got enough salary in this company I am not satisfied with the monotonous work I am doing every day,I want something challenging task which challenges my mind.
I have heard regarding two options 1)Management consulting
2)System Audit
I don't know much about both,can someone put light on these two options extensively?