Dear sir/ madam

My Query relates to creating of Gratuity Trust.

1. A school assessed as AOP would like to create a provision for Gratuity calculated @15 days of salary for every 2 years of completion of service and claim the provision amount as deduction under IT Act 1961, is such provision allowable under Income Tax Act , 1961.

Please advise the requirements of Law with regard to obtaining a stamped Receipt (Revenue Stamp)? Should a payee issue a stamped receipt, if the money is taken as advance towards expenses to be incurred on behalf of the company? Is there any exemptions for Charitable Trusts?

hello...can anyone tell me what ll b d impact of IFRS STandards on BANKs Financial Statements...

Can a CA firm can be formed as limited liability partnership

can pls me tell the way to get intrest in strategic management and to gain expertise knowledge in it

Dear experts,
As per the existing minimum wages rate of Govt. of Delhi, if a new employee, a matriculate is engaged as a clerical staff, he should be paid minimum of Rs.6448/-. what would be the minimum amount of emolument for calculation of 12% as contribution towards PF?
with regards,
B.N.Bhattacharya

Thank you CMA Ramesh, i have another query with u, will be happy if u can guide me in this too. I would appreciate if it is explained detailedly.
1. What is EPCG?
2. What are its functions?
3. Do we( i.e. X Ltd. company) have to give any Bank Guarantee to EPCG while we do any import/export activity?

Thank you in advance for going to give me a splendid reply. I was really spell bound the way u replied my previous query. My kudos to you

please tell me - can a company pay salary and professional fees to the same individual?

sir how to concentrate in studies...
my mind diverse here & there...i cant concentrate more than 15 min...
i have to take break after 15 minutes..
i m not habitual of studying..
ek do ghante padhne se to nind aa jati hai...
please suggest me so that i can improve ...

hello everybody

i have already registerd in caclub website but i can not answer for all query

because my status as for expert is still pending as on 1-5-2010


please help me

and i want share my knowledge for anybody


thanx in advance

rahul sharma