what is the calculation of bonus? it means formula???

if someone passes the 1st GRP of IPCC & getting ready himself for the training under the ca .. so my question is that.....what type of the firm should be chosen by the aspirant..?

dear sir
a company registered in service tax 27 oct 2007. no service tax collected in customers. and no service tax returns are submitted to the govt to these date.
is the company use the vces scheme?
is the company applicable to submit the nil returns in vces scheme with no penalty and no interest?

Dear Experts,

My Company is registered under service tax under manpower supply and recruitment. My company hires persons on a contract basis and deputes them to different companies. Here we are only taking care of supply of persons and not the work.

The invoice raised by my company is

1. Persons Salary 50,000.00
2. Service Charges(10%) 5,000.00
3. S.Tax@12.36% on (2) 618.00

Is the above calculation of ST is correct?

As per our company's management, they say that the person salary they are collecting is a reimbursement which they pay to the person. So the service tax will be charged only on service charge and not on persons salary as it is a reimbursement. Please clarify?

Hi,

In case out of four members who wish to be shareholders of a new company but where only 3 shall be directors in the company.Please let us know the procedure for the same.


Regards,

how and when is rotation of auditors become applicable under the new companies act?

Dear Experts,

My Pvt Ltd Company is registered in Kolkata. Its a service industry and the nature of business is "Manpower Supply". It deputes persons on a contract basis to different companies and at different places like Mumbai, Bangalore etc. The liability to pay the salary is on our company.

Now for example if the person is deputed in bangalore to work for 1 year on a contract basis, then

1. whether we need to deduct professional tax as per Karnataka State or as per west bengal?

2. If we need to deduct as per Karnataka then do we need to register our office at Bangalore but we dont have any office in Bangalore?

3. Do we need to have separate registration of P. Tax from Karnataka?

Is any other kind of free reserves except profit and loss account and General reserve??

pls, tell me list of ca firm which is specialised in indirect tax in mumbai.

If a private limited company has a authorized capital of 110000(11000@10), Paid up capital of 100000.It issues balance 10000 to the investor who wants to invest in the company.But the investor is ready to invest 10000000.
1) Can the company issue balance 10000(1000@10) capital to foreign investor and take rest of the money as security premium?
2)Is there any complication under income tax act which has to be followed?
3)Procedure under companies Act to be followed?