we are into bussness of electricity generation. Dry & wet ash is generated during electricity genration.

We are selling dry fly ash after payment Excise @2%.As per The Ministry of Environment & Forests 20% of dry ash to be disposed off as free of charge.

1) Is excise is payable on dry ash sold as
free of cost.

Thanks
Ashok Sharma

Dear Sir,

In what circumstances the composition tax is preferable instead of VAT & why?

Is there only owner can claim compensation or any other person can claim compensation ,if there is compulsory acquisition of land?If registry is only on the name of owner but in sale deed other persons have also shown as the contributories in purchase of land then who can claim compensation???

my query is for an average student taking coaching for both groups of ca-final and attempting both groups at a time is better or taking coaching for single group and attempt that group is better. i am going to take exam in nov-2015. please give me a sugession

MR.x manufacture an excise goods for many distributors. he got an additional oder from Y.ltd company to manufacture same kind of goods under Y's comapnay brand name and packing would be done by mr.x n transfer goods to the company at rs. 50/-. Mrp on box is rs.100/- excise would be paid my Mr.X on what amt?? will retail sale price based valuation come into picture???

Hi friends

Cheque issued on 29.03.2014 Rs. 295000/-
as on 31.03.2014 balance as per books Rs.(41,624).

the above cheque is honored on 02.04.2014 .

in balance sheet what balance is required to be considered

When Ca Final Results for June 2014 expected??

i hve a home lone and the total amt of emi is Rs 3 lac appox in which principal is Rs 85000 and rest is interest but by mistake i claim Rs 1 lac under 80C i just want to know how can i ractify this
plz help me regarding this

when are the results for ca-ipcc may 2014 r going to b declared..?

Hi, can anyone give me the link to download the pdf file of income tax act 1961 as amended by finance act 2013.

Thank you in advance.