I would like to know what will be the tax audit limit for doctors who are selling medicines as well. Especially Homeo / Ayurvedic Doctors where sometimes over 50% of receipts can be from sale of medicines. The medicines may have been manufactured by themselves or made on jobwork or may be purchased.

Will the limit be Rs.10 L on gross receipts including sale of medicines or should it be considered seperately as has been given in GN for Tax Audit issued by ICAI.

Also, let me know if there are any circulars/notifications/case laws on the above matter

Thanks & Regards,
Rahul

We are having two manufacturing unit one is 100% EOU & anther is Non-EOU and both are availing CENVAT. Non-EOU is transferring some (Electric Cabales) goods to 100% EOU with payment of Excise Duty. There are two questions:-

(1) Non-EOU procured cables with paid excise duty at the time of purchase and if they are transferring can they charge Excise duty at the time of transferring/dispatch goods to 100%EOU.

(2) 100% EOU can avail CENVAT against the same.

Please guide us with reference of relevant Notification/Circular.

Due date- monhtly -retrun and paymnets

Delhi, up. uttaranchal, punjab, chandigargh, Jamu, Rajashtan, Haryana, Himachal

house property transfered without adeqate consideration to minor married daughter,what would be the tax treatment?

how should i plan my preparation for may 2010 pcc exams, only own study,no class.

i have one query regarding DTAA which is as follows: -
whether payment by an indian company to its subsidiary company on account of hosting services is liable to tds in India. The subsidiary company is based at USA only and all the major decisions regarding day to day affairs are also taken thereat only.
please reply on yogeshmongaca@yahoo.com or canipunarora@gmail.com

Can we do industrial training in companies other then those specified in the regional list issued by ICAI ?

please also see this link.
http://www.icai.org/post.html?post_id=784

whether service tax paid on rented premises in cash of a beauty parlour be set off against the service tax charged from customers.

Dear Experts,

Is there any standard procedure for fixation of Transfer pricing ? (Inter / Intra State Stock Transfer) Pls. advise me in this regard,Thanks.

What can be done if the centre which was choosen is different from centre alloted and the centre which is alloted is very very far Plz what can be done in this matter.