Our company engaged a contractor for a particular site bding worth Rs. 2.5 lacs. the contracotr worked above worked with in 3 months. my question is contracots raised the bill in which style. can he raised a bill for Rs. 2.5 lacs or can be raised a bill 0.90 lacs monthely basis in eaqule three bills.

We have a bank guarantee given by our contractor for Rs.7 Crores. The BG is valid for 3 years (up to 31.03.2011). The bank has charged a commission of Rs.22 Lacs in 2008. Now if would like to reduce the BG amount to 5 Crores. I would like to know whether the bank will revise/refund the commission accordingly. Or will they cancell the original BG and consider the new BG as fresh?

i wish to do industrial training. anybody will help me to get the details for industrial training. I completed my PE-II in Nov 2007 and join for articleship in Feb 2008. when i can go for industrial training. what is the procedure for it. My final eaxam due on May 2010.

can anyone explain about wealth tax?

anybody can explain me the difference between amortization & provision & reserves ?

plz give me reply of this case


the owner of the house is a lady n she have to sale her house but she is not able to go to the place of house therefore he want to appoit power of attoney to her son to do all the needful for the sale of house
than what exactly the legal procedure to aapoint power of attorney

Prakash
prakashsuneja@gmail.com

Hi,

If an employee leaves job after March and due to some personal differences with employer, not able to get Form 16 regarding his TDS deposit details, how he can file his ITR or what he can do?

Can some one please let me know the procedure for transferring the funds out of country by an expatriat at the time of leaving the country .

In this case the person is a United Nations International employee (at present serving in India and he is moving out of India as he has shifted job and joined another UN agency.

He wants to close his INR account here in which he was receiving part of his salary and transfer all his funds to his account in Canada(He is a canadian national. Under the UN immunities & preventions act he is not required to pay any tax but what are the formalities to transfer the money to his canadian account?

Thank You

I have a query related to the Employees pension fund. The facts of the case are:

The employer is deduction 12% of the basic pay from the salary as the employees contribution towards the P.F.
Now he is also supposed to deposit the same amount in P.F. whereas he has been depositing only 3.67% in P.F.

The employees noticed this from the P.F. acount statement but they assumed that the employer must have been depositing the balance 8.33% in the Employees pension Fund.

But now they have discovered that no such contributions have been made by the employer in Employees Pension Fund.

Now my query is that whether employees have any rights & measures to exercise against the employer? If yes please provide me with a refernce or link where I can found all of them in Detail.

Also, is there any account statement of Employees pension fund that should be made available to the employees similar to the account statement of the P.F. & on what periodicity?

Can an Indian Company raise a bill on another Indian Company in a currency other than rupees? Please let me know with relevant provisions. Thank you.