Good Morning
I have Sales Rs 44 Lakhs for A.Y 2012-13 and Rs 60000 as Commission and Rs 52650 as Interest is credited to Profit and Loss A/c.
Profit for the above year is less than 8%.

I want to file my return u/s 44 AD , Should I include Interest and Commission with Sales for determining Total Turnover/ Gross Receipt for calculating Profit @ 8% of Turnover or not.
Thank you

If goods are directly consigned to us by 'B' but are billed by some other party 'C' to 'B', putting us as consignee (ie E1 sale) and 'B' bills the same to us, can we take the cenvat credit of Spl CVD and CVD of 'C' who is an importer even if the consigner 'B' is not a first stage dealer and we are exporting the goods ?

My client is doing electrical wiring and fittings to Residential complex (new complexes) and the turnover is more than 20 lac. like to know

a) category of service for registration
b) abatement for taxable service.

Declaration in Excise Invoice is compulsory or optional
Declaration regarding Correctness and trueness

whether service tax credit available on payment of service tax on exempt services.?

please refer some references in support of this issue.

Regards,

Munna.

Dear sir
Please make me confirm that if i cancelled my excise invoice what is the procedure related to this.Please tell me the section & Chapter also.

There are two way of cancellation of excise invoice.
1. when we do'nt put the removal time & date on excise invoice.
2. other is when we put the removal time & date on such excise invoice.



Thanks & Regards

Dharmendra Kumar Sharma

Dear Sir/ Ma'am,

XYZ P Ltd. receives service charges from overseas customers for sending employees or candidates to them. Whether any service tax is payable on that or not? Please quote the section/ rule / notification also, if any.

Thanks And Regards
Sakshi

ABC is a Private Limited Company carrying on profession of Dental Care Services. Turnover for FY 11-12 is Rs.50 Lacs. Whehter tax audit is applicable? Whether the company can be considered professional as it does not have any professional skills? it carries on the profession through its whole time director who is a doctor.

Sir i want to know the due date of my final exam i had cleared my ipcc first group in may 12 and 2nd on nov term and my articlship had started from 4th of oct

Dear All

My client is having two business (firms) subject to IT Audit for AY 2013-14 and he has merged the same in one partnership firm. IT audit will be there for two firms up to the period of merging but what to do about balance sheets figures. like Capital? Cash & Bank, Debtors etc

Pls guide me in this case???