While trying to withdraw my PF for 5 yrs (2005-2010) I got information that my previous company didn't remit PF for two months in 2007, therefore my PF cannot be processed. The complicated part is that till 2008 it was Company-A (real name concealed) and then onwards it was taken over by Company-B. As of recent update, they (Co. B) are checking with Bank authorities but there is no progress. I am in middle of nowhere and can't afford to lose the substantial amount. Please help me with a way ahead. I am ready to forfeit non-remitted months PF if that can and is a option to conclude the subject. I want to know, eventually, whose liability it would be to settle this matter, Company-A who didn't remit in 2007, or Company-B who took over Company-A in 2008. Any help/advise highly appreciated.

Regards.

An Entertainment company is planning to organise a one day night concert in siliguri in which the entertainers will be filmstars and singers from bollywood and Kolkata. Is entertainment tax applicable on such concerts. If yes, then what is the legal procedure to lower tax burden?

I was asking that can a person who is working can do CA without leaving his job for the articleship and what is this audit training?

Hi I would like to know what is the TDS rate for royalty income earned by a US Citizen from india.
..is there any ceiling...like if Royalty income is less than a prescribed limit, then no tds..anything like that ? Also, the US Citizen (the recepient of income) should file the income tax return ? can he get a PAN in india ?


Please help

Dear Sir,

I am a student of IPCC and completed registration of 9 months with ICAI. I have not cleared either of the group of IPCC. I have completed graduation with first Class. Now my query is, am I eligible for articleship as per the announcement of ICAI.

8th July, 2011
Review of Entry Requirements for Chartered Accountancy Courses

I WANT TO CONVERT MY SOLE PROPRIETORSHIP BUSINESS IN REGISTERED PARTNERSHIP FIRM. I AM HAVING A CAR FOR WHICH I HAVE TAKEN A BENEFIT OD DEPRECIATION IN THE NAME OF SOLE PROPRIETORSHIP. WHEN THIS CAR IS TRANSFERRED TO PARTNERSHIP FIRM WILL THIS AMOUNT TO TRANSFER UNDER INCOME TAX ACT. THE SECTION ALSO SAYS THAT PERSONAL EFFECT ( NON CAPITAL ASSETS ARE NOT SUBJECT TO CAPITAL GAIN LIABILITY)

Sir ,

My Client worked Madhyaprasdeh than that person left the job than now he is working in Amravati Maharashtra Than what is procedur for Withdrawl or transfer the EPF a/C

Dear Sir,

We are the manufacturer & exporter of Electric Resistance Welded tubes (ERW)and Cold Drawn Electric Welded Tubes (CEW), also known as Drawn over Mandrel (DOM) tubes. The tubes comein a range of materials like Low Carbon, High Strength, Micro alloy and Stainless Steel.
Now we are eligibal for "Export House" certification. But yoe certificate not received as stationery not available with DGFT, pune.

We claim DEPB benifit under Product Group Code - 61 and Sl.No.117 Under this category DGFT scanctioned our two claims. But now they refuses to scanction our DEPB calim under same group.Hence our 4 applications which is of RS.80/- are pending.

Our all shipping bills filed under same group and same Sl.No.

Also by 30.09.11 DEPB scheme will be closed

Please guide us what to do to claim this DEPB benifit.

Thanks & Regards

Mahammad Mujawar

An overseas company(A) dealing in educational books & materials has appointed a distributor in India company (B) on a non exclusive basis for selling of the books to Indian schools & institutions.

Company A has contracted with a printer in India to print the books on its behalf and deliver them to company B for sales. Printer raises an invoice on company A for the work done and company A pays in foreign exchange. For these books delivered by printer to company B , company A raises an invoice on company B in US $.

Can company B remit the amount in foreign currency to company A on the basis of invoice raised? Is it allowed by FEMA?

Will this transaction be covered under deemed income of company A?

In case the printer is in EPZ , then what will be the scenario?

DEAR SIR
CAN I START NEW CA FIRM AS SOON I PASS CA FINAL OR ARE THERE ANY TIME LIMIT AFTER WHICH I CAN OPEN NEW FIRM OF MY OWN .PLEASE GIVE ME FULL DETAILS IN THIS REGARDS.

THANKS & REGARDS
VISHNU KANT SHARMA