can HUF of a person who is a chartered accountant by profession in practice do business other than profession of CA. Can he be a sleeeping partner or an working partner in for example a trading in steel, cement business etc in the representative capacity as Karta of HUF

Wheather TDS is to be deducted on Hotel Lodging bills. if deductable what is the exact conditions.

Since it was a MNC, we allowed our customer to avail the credit bill facility. Now while settling the payment the MNC has deducted TDS @15.45% on bill amounts Rs.2,700.00, 1,080.00 and 2,190.00. As per our knowledge they should not deduct TDS on this.

Can some one help me to get the necessary rule indicating the above mentioned duction is wrong.

thanks

Best Regards

Sreepathy

Dear all,

Myself is a newly qualified chartered accountant in practice, presently i have opened a Escrow account in my firm name for making epayment of taxes of my clients, my quarries are:
1.whether Receipts to Escrow account by cash, any implication in this regard...??
2.What are the rules & regulations operate the escrow account.

Thanks in Advance.
CA.Siddarameshwara Gowda.

I am a student doing artilship from last 1 year.my first attempt is in may-09 but due to my B.com exam i want to postpone my attempt to Nov-09.

my articalship will complete in dec-08(18 months. I dont want to continue articalship till Nov-09.is it possible?

hi,
i had joined a ca firm at 22 feb 2006. i have been taken transfer from said firm at 22 june 2008 with total leave 156.

as per institute latter,my total EXCESS LEAVE till 22 june 2008 is 41.

therafter i have joined a company at 1 july 2008 as industrial training.

please suggest me that when my training get complete. am i eligible for industrial training as minimum number of period for IT is 9 months?

hi,
i had joined a ca firm at 22 feb 2006. i have been taken transfer from said firm at 22 june 2008 with total leave 156.

as per institute latter,my total EXCESS LEAVE till 22 june 2008 is 41.

therafter i have joined a company at 1 july 2008 as industrial training.

please suggest me that when my training get complete. am i eligible for industrial training as minimum number of period for IT is 9 months?

Our company deducted Rs. 780/- as PF from mysalary though my basic salary is more than Rs.6500/-. I have resigned the job during 15.08.08 and they have fully settled my accounts. But at the time of full and final settlement they have deducted Rs. 764/- for PF. I have a doubt whether PF deducted is correct and why don't we calculate on pro rata basis.(i.e) Rs. 780/- is for full month so they have to deduct Rs.390/- for 15 days.

Kindly clarify.

We are manufacturers of cotton bales. We have units in Andhra Pradesh and Maharashtra.
I have doubt regarding EPCG lic., for our units in Maharashtra we have applied EPCG Lic. from Mumbai / Pune DGFT, now my doubt is for our new unit which is going to start within 15-20days, can we apply the IEC/RCMC/EPCG Lic. from Hyderabad DGFT itself, if yes, what is the procedure ?
I will be awaiting for reply.

Does all charitable and educational institutions registered under sec 12 of income tax act 1961 can be called as an NGO or NPO .or it has to come under the definition of Sec. 25 company under companies act(i.e company not for profit ) .

Is it required to submit Form 112 to join graduation course after completing foundation.

Is it required to submit Form 112 to join graduation course after completing pcc.