If a person will contract in future with a company for supply of atleast 50 trucks for transporting of coal from one place to another. The contract period will be 1 year. The fare of truck will be paid on the basis of per tonne. The payment of 2.5 crore are paid in every end of month by the company in his bank account. The person recieves such payment & after deducting his 25 lakhs commission, the rest 2.25 crore of payment are paid to the truck owners every month. The person donot maintains any books of account. Now the question is that whether the payment recieved are liable to tax and what are the various taxes levied. will he take this huge amount in one bank account? If the taxes are levied then how to minimize that tax. If the person recieves such huge payment in bank account then, what are the conseqences will have to
face. Kindly suggest the best.

Dear All,

I have a question regarding registration under DGFT for getting Import Export Code (IEC).

Does an Educational Institution(Trust) is required to get the IEC for import of Furniture from china?

The trust intends to use the furniture for persnal use and not for any commercial intensions.

Thanks and Regards,
CA Shatanand Kaledhonkar
9860692390

Hi,
how to enter date in voucher entry manually in tally
bcoz i want date manually in voucher entry i am changing date but it is not changing it coming as per current only.
e.g. i want to 19-04-14
but it is showing today's date only it is not changing please there is any setting of date then tell me

Dear Sir

As i am live in Delhi having registration also in Delhi like NRO but i have joined the industrial training in noida and plz tell me form 104 is submitted to vishwas nagar branch and kanpur branch bcz there is the discrepancy bcz earlier i have undergone training in delhi now i am taking transfer on the basis of induastrial training and delhi transfer case

Sir doubt regarding wealth tax i want to know how to calculate gold rate in per gram basis and the amount given for 10 gms for eg : in year end 31.03.2013 the gold rate is 29610 per 10 gm which is = to 0.857 how u will calculate for per gram. please help me out thank you in advance

Dear Sir

As i am registered in the company is in noida and is coming under the central region of council icai and situated in noida .
plz tell me the copy of form 104 is submitted in vishwas nagar branch and send it to kanpur

Dear Sir,

I have registered my article ship in chennai firm,we have only bank audits .i have completed my 1.5yr articleship and want to take termination from the firm how can i take it

Which co.act applicable in nov 2014 ipcc exam ? And any change in audit plz rply me thanks to all and happy diwali to all

I am doing M.com in account, will it be possible for me to attempt IPCC without classes as portion is almost same?

I am doing CA & after my CA i want to do CPA from USA ... is this possible as i have opted B.COM+ CA.... So is it possible for me to do CPA from US... because in India there is 3 year of degree course & in USA it is 4 years Reply me asap.. thanks in advance