Sir,

Our company is under Central Excise registration but primises is on rental we have to shift our company different primises(new) on permanent basis. please advice us we have to take new excise registration number or can we amend the registration. ( new primises - Excise Range and Division is different from existing registration )

can income from sale of agricultural land in cash can be deposited in bank,is it taxable??

sir

can any one clarify regarding consideration of quarters for calculation of excise duty on transfer of capital goods on sale/stock transfer.

caital goods received on 15.11.2012
credit availed on 25.11.2012
transfer of asset on 15.04.2013

in the above case can we consider 2 quarters ie, dec 12, March 13 or 3 quarters ie dec 12, march 13 + current quarter

thanks in advance

ramkumar ms

My sister got scrutiny notice for FY 2010-11. In that year she had salary income as main source of income. However, she had bank account in joint name with her husband. Now, as checking the files/documents following discrepancies noticed:

1. There has been cash deposit of around 20 lac in saving account during the year but that's mainly due to her husband's business which has all cash transactions.
2. One property was purchased and sold during the year on which STCG amounting Rs. 4.5 lac was arisen but same not shown in ITR filed.

Now, ITO has asked for Bank statement with narrations for all entries and also asked for Personal Balance sheet/Statement of Affairs, Profit/loss A/c etc which however were never prepared for the year as that was also not required. So, i have following queries:
1. Whether STCG be shown as income for year or not! If yes, how much tax/interest /penalty will be imposed by ITO?
2. How to prove these cash deposits into account?
3. ITO also asked to file affi-davit providing detail of all bank accounts maintained. Now sister has one other account in joint name with her husband but in that account all transactions are related to her husband business only. SO, is it required to show this account also in affi-davit or not complusory.
Dear Experts, Kindly guide with your valuable suggestions.

A Proprietor is converting his business to PVT LTD Co. He is engaged in Export of Marketing Service. His Proprietorship firm was registered with Service Tax Authorities.

1)Whether Co is required to get register under service tax act? As Export of Service is exempt.

2)Whether Co is required to get separate Service Tax No? Can they continue with their old Service Tax No?

Suppose if someone fills up the Examination form for appearing in May 2013 IPCC exams.

And for some reason or the other he is unable to appear for any of the papers in May 2013.


Will this be counted as his first attempt?


And if he gives his exams in November 2013 and clears it.

Will there be a difference as how he would be treated by CA firms as he appears for articleship interviews?

My Taxable services in the Preceding Financial Year was Rs 12,00,000/- So I availed threshold exemption of Rs 10,00,000/- and charged on the balance and also paid the service tax on the same.

In the current financial year my taxable services was Rs 7,00,000/- so i charged the service tax and paid the same.

Now what will be the status of me paying service tax when in the next year my taxable services does not exceed 10,00,000/-. i.e whether i should avail the threshold exemption of Rs 10,00,000/- again or Shall i charge service tax on the whole amount.

Sir,

I m having a Sweet Shop so kindly help me which form should use by me for Income tax Return.

Can a shareholder ask for details of other shareholders from the company, if yes, under what section of the companies act

I had uploaded my Service Tax Return for July to September 2012, but I got the error that System does not allow filing of return for period prior to date of registeration,

If the assessee had obtained the STC at later stage what is the procedure to file Service Tax Return. Moreover my previous return of April to June was accepted by the department.