one of my friend joined a firm of chartered accountants in july,2011 at that time the employer was offering Rs.10000 p.m. and employee(friend) Rs.15000.when he joined in, he got his salary @rs.15000 and from then on he got Rs.15000 till date.Now employer says he approved only 10000/- and wants to recover the excess paid earlier can he do so? he contends we paid employee by mistake @15000/-
Employer is a private enterprise.
employer wants to reduce the salary to 10000 and recover the excess paid earlier.
can he do so?

Dear sir,
my question is regarding the coverage of the establishment under ESIC act

sir,
There is one factory in GIDC area and had employed more than 20 employees in the factory.
and the client has deined the applicability of esic to the factory on the ground that there is no hospital covered by esic within 1km to 2km area or range from the factory place...
so my question is whether there is any non applicability on the above basis in the act or not??
because i tried my best to find about the reason whether the contention of the client is right or not??

i have a query related o sec 283(1)g....

if a director is absent from BM without obtaining leave of absence and that meeting is adjourned and on that adjourned meeting he is present

than whether his prensence is calculated or not for that adjourned meeting
OR
that adjourned meeting is taken as new meeting ????

please reply as soon as poosible....

can some one please tell me the section under which it is mentioned that ceiling for contribution of employer is Rs. 6500/- .. means he ll pay Rs.780/- (12% of 6500) if the basic salary of employee is above Rs. 6500/-

thanks in advance.. please.. its urgent

is there upper limit of Rs. 6500/- for employers contribution irrespective of the actual basic amount. e.g., Rs. 10,000/-

One of my client make a Fixed Deposit and Make one of his son as nominee.On death of my clients his nominee received the FDR Amount with Interest. Now nominee want to divide that amount between their brothers.

What legal documentation should be done to divide that amount?

if basic salary of a worker in construction line is Rs. 25000, then what should be the deduction of PF from his salary????


pls its urgent

Hello Friends.

Situation: One of my client is a partnership firm which was having four partners. Out of that one partner died and out of remaining three partners one partner desires to retire and the other two partners wants to continue the business by admistting widow of the deacsed partner as a full time partner in the firm. There is clause in old deed that in case of death or retirement of a partner the firm is not desolved and the remaining partner can continue the firm business.

Requrement

Format of a single deed containing all three situation

1. Death of a partner

2. Admission of widow of the deceased partner and;

3. Retirement of a partner.

Regards,

CA. Nirav Samani

What is meant by Time Barred Debt?

Please let me know the penalty in case of non compliance of Section 297 in this particular case as mentioned below if any:

X,Y & Z are director in XYZ Ltd as well as in ABC ltd.


(1)If XYZ Ltd had purchased some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market rates.

(2)If XYZ Ltd had purchased some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market prices. The amount of contract is of Rs. 3 crores approx.

Please refer some cases for ready reference
Waiting for your early response.

Thanx
Regards
Shyam Gupta