If I m doing conversion of pvt. ltd. co. to LLP according to the provions of 47(Xiiib)of income tax act then where will the accumulated reserve of the co. will go as clause 47(xiiib) of I.T. act says that
"no amount is paid, either directly or indirectly, to any partner out of the balance of accumulated reserve standing in the accounts of the company on the date of conversion for the period of three years from the date of conversion"

Pls help me...!!!

Hi,
Can anyone please let me know is there any minimum capital requirement in case of Power/Energy Company. If So please tell the section or rules relating to it.

Thanks n Regards

can you tell me that it is compulsory for a company to made a provision for depreciation ??

we have appointed auditor on AGM on 27/09/2012 for f.y.12-13. and he accept the appointment . But after 7 days he resigned. now what we have to do ? whether we have to call EGM FOR APPOINTMENT OF AUDITORS, PREVIOUS AUDITOR HAS NOT FILED THE FORM 23B, IF CALL FOR EGM, THEN WHAT IS THE PROCEDURE AND WHAT IS THE FORMAT FOR CALLING EGM, AND WHAT IS THE FORMAT OF LETTER FOR SENDING TO NEW AUDITOR

You are requested kindly send draft Resignation Letter of Partner from Partnership firm Resignation Letter of Partner from Partnership firm

Hi,

If the employees salary exceeds Rs.6500 and if he is existing employee for P.F deduction, then he can have a choose of deducting P.F on whole Basic Wages or Rs.6500.

but in case he chooses to deduct on only Rs.6500 then what will be the P.F amount deduction in following case,

Normal Basic Salary Rs.20000
Month Basic Salary (due to leave taken) Rs. 18000

So my Query is since he pays on only Rs. 6500 his P.F would be 6500*12%=780
OR
18000/20000*6500=5850*12%=702

Thanks in advance

Sweta

In what name the Cheque and Demand Draft should be taken for payment of PF.

Sir,
I had received sanction letter for Housing loan from bank with validity 90 days. Bank took processing charges from me. But they didn't sanction me loan in 90 days with technical reason. They haven't inform me yet the technical reason. Now I am struggling to receive my full amount processing fees. Please suggest me to whom should I contact apart from bank officer to get justice and my full amount.

Regards

Respected Experts,

Can anyone tell me about Writ -Petition?
Who can file the same?? what are the effects of filing Writ Petition?

I want to know whether it is possible to expell a partner from the partnership with the consent of other partners on grounds of misconduct?

actually the partnership is not registered under Partnership Act,1932 but notaraized by notary.

do help me..