swapna
17 March 2009 at 16:01

Return of a Vegetable seller

I filling a return of a vegetable seller whose yearly profit is arount 1 lac, is it necessary to maintain all the record


CA. BIJENDER KR. BANSAL

DEAR ALL,

TRADING STOCK & FIXED ASSETS ARE LOST BY FIRE. CLAIM IS FILED AGAINST IT.
QTY VALE
TRADING STOCK 1500KG 150000
COMPUTER 1 WDV 1000
CLAIM FILED FOR 150000 PLUS 20000 FOR NEW COMPUTER.
WHAT IS TREATMENT OF ENTRY.
PLZ EXPLAIN IN DETAIL.


CA Anisha Ray
17 March 2009 at 15:36

Admissibility of Additional Evidence

Dear All,
What are the conditions to be fulfilled for presenting Additional Evidence once the assessment is concluded???
What are the chance of acceptance of the new evidence presented??


CA. BIJENDER KR. BANSAL

DEAR ALL,

TRADING STOCK & FIXED ASSETS ARE LOST BY FIRE. CLAIM IS FILED AGAINST IT.
QTY VALE
TRADING STOCK 1500KG 150000
COMPUTER 1 WDV 1000
CLAIM FILED FOR 150000 PLUS 20000 FOR NEW COMPUTER.
WHAT IS TREATMENT OF ENTRY.
PLZ EXPLAIN IN DETAIL.


Sravani
17 March 2009 at 15:33

Eliigibity for CA final

Hi ,

Under the PCC scheme, when do I get eligibity for CA final? From when does the articleship term of 18 months is counted? Is it from the date I get eligibity for PCC exam or after I get through the PCC exam?

Regards,
SRAVANI P


Kunal
17 March 2009 at 15:25

industrial traning

sirs,

what is industrial traning?

what type of knowledge do we gain by undergoing such taning?


Sravani

Can anyone help me out in a doubt relating to the above subject.

Q: Turnover for FY 2007- 08 - 700000
Total receipts in 07-08
(a)in respect of bills raised
in 07-08 - 650000
(b)advance received in respect
of service to be rendered in
Fy 08-09 - 400000
--------
Total receipts - 1050000
--------
The business was commenced on 31st Jan, 2007.
My queries are:
(i)Can i claim general exemption upto Rs. 800000 receipts, given to small service providers as my turover in 07-08 is less than Rs.800000?

(ii)Should I pay service tax on receipts exceeding Rs 800000 i.e on Rs.250000 which constitutes my advance receipts?

(iii)As my turnover is less than Rs.800000 in 07-08 can i get general exemption of Rs.1000000 in FY 08-09?

(iv)Finally what are the consequences if I am not registered in FY 07-08?

I would be grateful if any one provide me with the answers for the above queries as soon as possible.

Thanks in advance

Regards,
SRAVANI P




Kunal
17 March 2009 at 15:23

industrial traning

sirs,

what is industrial traning?

what type of knowledge do we gain by undergoing such taning?


CA Chetan Patel
17 March 2009 at 15:23

service tax on excise bill

i have got one bill on that company has charged the excise duty, CST and service tax.

i have doubt on service tax part that on excise invoice if sales tax is already charged then why service tax also.


vinit

can any one suggest me any remedies as i have lost my receipt which is issued after enrolling with ICAI i have the dd no. and its date
please let me know as early as possible