Prasanna
This Query has 1 replies

This Query has 1 replies

22 March 2013 at 12:51

Service tax

Is reverse charge mechanism applicable even if service provider doesnt reach the threshhold limit? Say security services provided by individual whose gross annual income is less than 3 lakhs. Im'i required to pay reverse st on it?



Anonymous
This Query has 1 replies

This Query has 1 replies

21 March 2013 at 16:57

Pf,esi,pt

Dear experts,

please clarify the following,

1) what is the definition salary for the purpose of

i) pf applicability i.e 6500

ii)esi applicability i.e 15000

iii) pt applicability i.e 15000

is it required to consider basic salary only or gross saly

sir please urgent



Anonymous
This Query has 3 replies

This Query has 3 replies

21 March 2013 at 14:18

Date of signature of balance sheet

Dear All

My query is two-fold -

1. Firstly, is it possible that the directors of the Company can sign the financial statements on 2 different dates. If so, under which section is this option given.

2. Secondly, is there any sort of declaration required to be filed incase of such difference in signature dates.


Martin
This Query has 5 replies

This Query has 5 replies

I purchase 570 Pc of Poly Bag from supplier @ Rs. 5.44 per piece so it goes as below.
570 Pcs x Rs 5.44 = 3101

Supplier has charged
ED @ 10% on 3101 = Rs. 310
Cess on Ed @ 25 = Rs. 6
Sec. Edu Cess on Exise Duty @ 1% = Rs. 3
VAT @ 5% = 171

Total Bill Amount is Rs. 3591

-------------------------------------------

MY QUESTION IS, Can a supplier charge both excise duty and vat at the same time?

What Idea I have is, Excise duty is charged by manufacturer only and If manufacturer does so, he should not charge VAT?

If yes, in what conditions. Please elobrate it.

---------------------------------------------



Anonymous
This Query has 4 replies

This Query has 4 replies

19 March 2013 at 11:13

Point of taxation

In case of provider of service,What is the "reasonable date "of release bill


HARESH
This Query has 1 replies

This Query has 1 replies

19 March 2013 at 09:26

Disallow u/s 40a(3)

Dear Sir,
I purchases goods for resale worth Rs.60000 on credit on 15.02.13

I pay
Rs.18000 in cash on 20.02.13
Rs.20000 in A/c pay cheque on 22.02.13
And Rs.22000 in a/c pay cheque on 23.02.13

Which Amount Disallow U/s 40A(3) of IT act ?



Anonymous
This Query has 1 replies

This Query has 1 replies

18 March 2013 at 21:23

Signing of a balance sheet

Can a sole practitioner Chartered Accountant sign Balance sheet of a Private Limited company who is having a turnover of less than Rs 1 crore and also what are the areas where sole practitioner cannot sign or certify?


Rengasamy.R
This Query has 2 replies

This Query has 2 replies

18 March 2013 at 11:52

Gratuity

Dear Sir

In gratuity whether employee eligible to get gratuity he has to work for 5 years and above or 4.8 years ?

In one of client company employee has worked only 4.8 years only whether he is eligible for Gratuity?

Kindly clarify me in this regards.


Adity Pal
This Query has 5 replies

This Query has 5 replies

16 March 2013 at 23:09

Industrial training

Dear sir,
I am in CA Finals, and my attempt is due on novemver 14.. i have complete d 1 yeear odf articleship on 1st march 13.. and i want to go for industrial traing in my last year.. please tell me how earliest can v apply for it and what is the procedure for this.
URGENT!


CA Pramod Jain
This Query has 6 replies

This Query has 6 replies

If a employee who has resigned w.e.f 28feb 2013 from company, got cop w.e.f.10.03.2013 can sign the balance sheet of same company as statutory auditor for fy 2012-13.






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