my friend have agency of AIRTEL and he sell etop, recharge and blank sim to retailers. company billing him after deduct service tax on mrp of recharge etc..
is he liable to deduct service tax and vat from his customers, and is he liable for maintain account for vat and service ???

my friend have agency of AIRTEL and he sell recharge, new blank sim etc to retailer... airtel co. deduct service tax on billing amount and pay itself....
can he is liable for account for vat and service tax and liablie for deduct service tax and vat from customers ?????

hi sir any one please tell me how to prepare a letter format for bank od extension letter format it so urgent

Respected sir/madam ,

Can you please help in below question while forming in LLP [ Limited Liability Partnership ] with 2 partners :

1. 2 partners can be designated partners ?

2. Remuneration can be provided to designated partners , since default LLP agreement states that there is no remuneration is provided to designated partners for his activities to LLP ??

3. Is LLP business can be registered at rented residential premises by doing an rent agreement ??

4. If premises is under mortgage at Bank for home loan , is it possible to make rent agreement on this premises ?? if no then what is the remedy .

5. After Incoporation of LLP in how many days do the PAN , Shops & Establishment license , Professional tax , service tax , VAT registration need to be done.

for your information business type will be ' tax consultancy , Man Power recruitment '

your comments on above will be highly appreciated . Thanks in Advance

Regards,

Manish Lingayat
9220842572

Sir,

I have two questions as below mentioned

1.what is differed tax and its purpose in accounts
2.How many entries of provision and its type.

Income Tax Returns for the AY 2011-12

1] Whether all salaried persons should file ITR for AY 2011-12 or if that salaried income is below Rs.5 lakhs P.A need not file returns.

2] Whether the exemption [Taxable income below Rs.5 lakhs per P.A] is applicable only to the salaried persons whose employer’s file returns – Form 16 of their staff to ITD, hence those employee’s need not file ITR from the AY 2011-12 onwards.

3] Please explain the position of the salaried person’s whose income is below Rs.5 lakhs P.A and they come under exempted salary limit due to their savings / investment as per the deductions under Chapter VI-A – whether they have to file ITR.

my articleship ended on 9th april 2011 but he wants me to be with him till ocotober 11. there is excess leave during my articleship period and i did not want to complete my excess leave there. i want to join another ca for the same..so he refusing to sign form 108.
so i wanna know that it is compulsory on part of CA to sign 108 and if he refuses to do so then what are the remedies available with me...
is there any provision in ICAI regarding this.

IS it compulsory for the CA to sign form 108...if yes please forward me the link for this...what are the remedies available for the students if CA is not signing form 108???

Hi All,

I am working with a Indian Company and we have our office in Mumbai.

1. We have one employee, who is working for our company, but he is not coming to office and working from his home, based in Delhi.

In this case, do we need to deduct professional tax from employee or not? Because we do not have office in Delhi.

I am waiting for your valuable inputs.

Regards,
Vivek Jain

As per the ICAI rules and regulation exam days are eligible for set off of leaves taken.
Whether holiday between two papers is also eligible for set off as per ICAI rules?