Dear Sir,
I had registered by firm with excise department on 15th march,2013. The physical verification of premises has been don by the department but they didn't check the stock.
Now I am going to file my first excise return and want to know that weather I can claim CENVAT in this return without consulting with department or I have to take permission of department to take credit??

For e-filling AY 2009-10 I forgot to add TDS that was deducted by my employer. Hence I filled rectification for the same(With TDS included).

For the rectification I got following reply from CPC:

"We regret to inform you that your application for rectification could not be processed at this point of time, for the following
reasons : Subsequent assessment / proceedings have been initiated by your Assessing Officer and hence your application
for rectification cannot be taken up at CPC."


Today I got one more intimation to pay full tax with added interest etc.

My 26AS shows full TAX paid for AY2009-10.

What do I do .. Pls help.

(CPS toll free been always BUSY )

How much time Roc will take to approve Form 1, actually I applied form 1 along with 18 and 32 on 15/03/2013 it is still showing assigned.

Dear Expert Good afternoon

If A Pro. BS Has Liability
Capital-1142385.43
UnSecured Loan(Family)-1325000
Current Lib.&Prov.-9975 and Assets
Furniture-5354
Closing Stock-1629434
Building-613475
Cash in Hand-158312
Bank Bal-65274
Loan & Adv Asset-5511
Then the prop. can deposit cash Rs 6 Lac in bank in Aptil 12 to payment against Purchase of Material while cash in hand Rs 158312 but capital is Rs 1142385

Please guide me in this case.

SIR, PLEASE PROVIDE THE MOA MAIN OBJECTS FOR GENERAL BUSINESS LIKE SUPER MARKET, DEPARTMENTAL STORES AND CONSTRUCTION

MY AGE IS 25 YEAR, I RECEIVED RS.1000000/- BY CHQ AS A GIFT FROM MY FATHER. BUT MY FATHER IS NOT FILING I.T. RETURN. MY FATHER GET THIS INCOME FROM SALES OF LAND.
LET ME KNOW THIS GIFT AMT CAN I GET EXEMPTION IN MY I.T. RETURN?

I have a doubt regarding if an assesse(Being a Company) has to deduct TDS on the interest paid for the Car Loans availed from NBFC e.g. Kotak Mahindra Prime Limited or Tata Capital Limited.

If any exemption is provided for the above then can anybody please provide me the reference of the said exemption.

Thanks in Advance.
Quick reply is highly appriciated.

Dear Sir,

software supplier company chrges service tax on the total cost of soft ware and again charges 5% Vat (Chhattigarh state) on the Gross value of the soft ware including service tax.

Kindly advise whether VAT is applicable in this case ?

Exp. total cost of soft ware 10,000.00
Add Service Tax (12.36%) 1,236.00
---------
Total amount 11,236.00

Add VAT (5%) 561.80
--------
Total Bill amount 11,797.80
=========

i am having the class of SFM on alternate days basis, but now the cordinator is asking for the daily coaching classes & the timings are 11 AM to 2 PM which is affecting my articleship. kindly suggest me what to do as the course is almost 65% complete & i have made all payment to him.

Dear Sir,

WE ARE HEALTH CARE RETAILER SO WE CAN ALWAYS ADVT IN NEWS PAPER TROUGH OUR CONTRACTOR. AND THEY ARE PVT COMPANY SO WHAT RATE WE CHARGES TDS THEY ARE CONTRACTOR NOT IN NEWS PRINT MEDIA COMPANY.

2) THEY BILL AMOUNT IS 40500/- THEY GIVE DISCOUNT 5062/- Net PAYABLE AMOUNT IS RS.34628 SO WHICH AMOUNT APPLICABLE FOR TDS ???