case:

Income tax officer is saying that i have to charge interest on the amount due from the debtors.
In reply i said him that i can't charge interest from debtors because it effects our business relation and i have no problem if my debtor pay the due amount after some time. even also i have no written contract with my debtors regarding any payment due to market tradition in my city.

so is there is any answere whichi can give to the income tax officer.

is it is mandatory to charge interest on debtors due amount..

Dear Sir,

Can anyone tell me the minimum wages per month in tamilnadu for the AY 2016-17.

Also in what basis the minimum wages should be calculated , is it a gross pay or net pay ?

Thanks & Regards
Angel Priya

Dear Sir/Madam

I have to register my company in sole proprietorship. what are the documents required for register company? and where i have to register company I have no company PAN Card and Current account in Bank . Before register company apply Pan card and open bank account or after registration can i apply for PAN Card & Bank Account?

Thank & Regards

Please any suggestion

I had around 25 employees in my factory and have both EPF & esic registered for past two years. Now due to automation in machinery the number of employees has been reduced to 16 permanently. Do i still need to comply with EPF regulation for remaining 16 employees though the minimum limit is 20.

how to learn law answers in ipcc

Sir,
My friend is associated with a Co-operative Society. They are 67 member-shareholders working for mutual benefit. There are no employees. Whether ESI authorities can insist upon the Society for coverage under ESI Act.

Dears,
This is regarding the change from Base rate to MCLR system.

RBI have given the instruction to adopt the MCLR system.

But what will happen to the Base rate system? The products which are already sold with Base rate, how to deal with this? Is there any guideline from RBI to deal with the Base rate after implementing MCLR.

The question comes here because banks have adopted the MCLR system and cutting the interest rates as per RBI revisions. But the loans which were sanctioned before starting the MCLR system are not getting any benefit of rate cuts. The customer has to get converted the loan from Base Rate to MCLR and banks are charging for it.

Could someone please help.?

Regards

Sir

I have completed my CS and now i want to do LLB together with my job so please suggest me any university(Exccept DU) for the same(Residing in Delhi)

A Joint Venture Agreement was executed between 2 companies in the year 1988.
The Directors of both the companies have signed the said agreement.
The said Agreement is not registered & not stamped.
Also the common seal of both the companies is not affixed on the said agreement.
Now both the companies are in litigation.
Under these circumstances, will the agreement be binding on both the parties in the court of law?

whether due date of annual filing will be extended or not? from 31 oct 2016