Dear sir, kindly solve this puzzled problem. As we know depreciation rate as per companies act (books) and IT act are different. If an asset is transferred in WDV as per books, what value to be deducted as per income tax act. Is the sale value as per books or WDV AS PER IT ACT. Also it is worth to note the point of DEFERRED TAX for the difference betwèen the two had already booked in companies books. Kindly guide me in this regard..

My client is an employee in BSNL, he has undergone training w.e.f. 24.08.2015 to 06.11.2015 and deduction of EPF is also made from the stipend of the said period. He joined for regular duty w.e.f. 07.11.2015 but he has been paid stipend from 24.08.2015 to 06.11.2015 and salary from 07.11.2015 to 31.12.2015 in one go and therefore his date of joining EPF is shown in EPF monthly Return of Dec 2015 as 01.12.2015. Deduction was there from stipend and salary of his own cont. as well as employer's cont.

Data summarized as folows:
Training Period: 24.08.2015 to 06.11.2015
Regular posting date: 07.11.2015
Stipend and Salary paid: In month of Dec 2015
Date of Joining EPF: 01.12.2015 (as shown in EPF Return of Dec 2015 filed in Jan 2016)

Queries:
1. Should this date of joining is correct or it should be amended as 24.08.2015??
2. What type of fund is EPF for a PSU employee (i.e. BSNL)----
i) Recognized PF
ii) Statutory PF
iii) Unrecognized PF



Thanks & Regards
Radhey Shyam Agrawal

What are the reasons of vacancy arising in the office of Auditor other than casual vacancy or retirement in AGM ? Is there any third alternative ?

If there is name approved to the proposed Company but is got lapsed in absence of further incorporation procedure. Can any another person apply for the approval of name of LLP which resembles to the name lapsed. Kindly reply ASAP. Thanks.

we just wanted to convert partnership firm into private limited company, but the number of partners in partnership firm are only 2(two) so can we convert it or not, and also 7 (seven) partners are mandatory required or not for conversion.

There are two director in a company one director is in foreign but balance sheet need to sign .One director who is in india has already signed the balance sheet but other is in foreign.How to get the balance sheet signed by director who is in foreign.

Respected Experts,

I want to open a finance-investment (fresh) business under OPC (One person company), please suggest me that :
1. Is there any need of taken approval from SEBI / RBI along with registration.
2. What Immediate procedure I can take for it (Documentation, fees and attestation , if any) .
3. Is there any need of approval from local authorities also or not.
Please guide me in above concern.

hello,
i need to renew my din what is the procedure and what form i need to fill for renewal. kindly let me know what are the documents required to attach. if it cannot be renew do i need to apply for new din or same din can renewed ?

thanks

what are the consequences if I issue a salary cheque to employee who is not registered in EPF & ESI kindly please help.

In case of change in registered office of the company within state.
1. Is change in MOA is required?
2. If yes, whole MOA is required to be change (new MOA is required)?
3. If answer to question is NO. Then how can we change/alter a particular clause in MOA containing address?


It is further informed, the existing company is registered under Companies Act, 1956.