A firm claim the Cenvat Credit on Machinery and use these machinery for Job Work during the year of Installation (i.e.2011-12) and next year(2012-13). Sales Bills are raised from Next year(i.e. Sept.2012). My Question is that is there any liability arise as per Excise as like reversal of Cenvat Credit for such period or Interest on Cenvat Credit which is taken on Machinery for such period.

Regards
Ajeet

As if a assessee declear his income more than 8% of the Turnover he is not require to keep his books of accounts but how will A.O. prove that the turnover is more than 1 Crore.

If a assessee is Opting for 44AD then he is not required to maintain books of accounts. In such a case how Will Assessing Officer will Proceeds Under Section 68 & 69.

if i paid CST for purchase inter state goods, can i set off against output vat?

Dear Sir I want to start my industrial training which will be commenced from 25 oct, 2014.

I have informed principal regarding this today (as per ICAI norms,article must have to inform CA at least 3 months before from the date of starting industrial training), but he has not agreed with that and said me to take immediate transfer if i will go for Industrial Training.

But In 2nd year transfer is not possible.

Then, what should i do?

CAN LEVY OF VAT IS ON SERVICE TAX AMOUNT ALSO?

Dear All Sir & Madam,
Please tell me can we make changes in J1 for F.Y 10-11 if we have filed audit report for the same year & if we can then whats the procedure fir it?

Hi i want to know rebate U/S 87A of 2000 will be applicable for F.Y. 2014-2015 or not.

Respected Members,

A Private ltd. company has taken unsecured loan from one of its director in two different dates during the month of April, 2014. Now company wants to convert this unsecured loan into equity by allotment of fully paid up equity shares at par.

Please share the procedure to do the same as per Companies Act, 2013.

Thanks
Pranay Patel

Dear Friends, i want to register as article trainee under CA for 9 month training If u Know any CA nearby Jodhpur city ...than Plz provide me his contact details ...as soon as give your response...