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shankar
16 April 2008 at 12:31

Reimbursement application

We are 100% EOU and we are eligible for service tax reimbursement.

And we are getting the application "FORM ASTR-1" in this one they are asking service tax registration no but we don't have ST no.

We have CENTRAL EXCISE REGISTRATION NO

IS'T ENOUGH ONE.
PLS REPLY TO ME


Govarthan. P
16 April 2008 at 12:29

Accounting for option contract

Dear all i have one doubt regarding accounting of option contract. Here am giving the following datas please tell me the way to account it
For 1st contract: Trade date is 07-11-07 Expiry date is 27-03-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000
For 2nd contract: Trade date is 07-11-07 Expiry date is 28-05-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000.
If any other information is required please take an assumnary figure and please solve it


Sekhar Dasari
16 April 2008 at 12:22

Sur charge

Dear Friends,

Can any one tell me about surcharge marignial relief and what is the basic to calculate the surcharge marginal relief.


Thanks in advance.

Regards,
Sekhar Dasari


Sarvesh Mani Tiwari,CFA(ICFAI)
16 April 2008 at 11:54

DD Commission reimbursement

Is it correct Principal DR Bank Charges in his books,reimbursementDD Commission/Bank Charges of Sale Agency/Distributpor?



Anil

1) Should the company which collects Forms 15G and 15H submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected


OR


one should submit the FORMS COLLECTED itself in physical form?



2)IF form itself is submited in physical form, does the company have to submit BOTH the forms collected to the IT department


OR


the company keeps one and submits the other to IT department?


3)When is the last date for submission of the forms/details to IT department?


4)Please confirm Whether :


Form 15H is for interest OTHER THAN INTEREST ON SECURITIES receivable BY SENIOR CITIZENS


and


Form 15 G is for INTEREST ON SECURITIES BY ALL including senior citizen.




Shweta
16 April 2008 at 11:12

Capital Gain

What is the Taxability for Relinquishment of right of share by an existing partner in partnership firm in favour of incoming partners.


Basavaraj Baseganni
16 April 2008 at 10:30

Amendment of AOA & MOA

hi,

any one please let me know the proceedure to amend the articles.

many thanks
Basavaraj


Ganesh
16 April 2008 at 10:08

DELAY IN RELEASING THE VESSEL

IN INDIA, FOR DELAY IN LOADING & UNLOADING THE MATERIAL FROM/TO A CARGO SHIP/VESSEL IN A PORT, IS SERVICE TAX APPLICABLE FOR THAT DELAY CHARGES


ravinder singh rawat
16 April 2008 at 09:50

Refund of service tax

Dear Friends,

i have deposited service tax for march08. but after deposited we found that some more bills are coming related to last f.y 2007-08 and we have not taken input credit for these bills at the time of deposit service tax in march08.
now my question is can i take input credit in April on payment basis or i have to go for refund procedure.
pl z give me suggestion what i have to do and what effect will go to Service tax return.