Sir can anybody help me in exact procedure for. Registratin for gmcs-1? I have completed my grp1 of ipcc in May 13 n startd my articleship in August 13. Plz help me in the correct procedure.
And when is gmcs batch starting in near future?

Hi,

I took by service tax no. by a fraud ca. He registered my service tax no. by his email id and phone no.

I got it registered in 2010 as yet I could not file our service tax return but i contact another ca he paid my service tax amount what i charged from my client. but now he is asking user id and password but now that fraud CA is not responding me.

please help what should i do?

Hello Experts,
Can u please help me regargind whether a Pvt ltd company can give loan to directors??
what is d procedure and is there any conditions???

Thanks in advance

Company A has resellers of it's services.

For e.g. Company X is one of it's reseller.

Company X sells a service for Rs. 100 and collects Rs. ~12 as service tax from customer.

Company X pay Rs. 90 to Company A for its services that were resold. Now, will company A collect service tax on Rs. 90 from company X?

AN ASSESSEE IS PROVIDING TWO SERVICES FROM A SAME BUILDING.A NOTICE WAS ISSUED TO HIM REGARDING ONE SERVICE PROVIDED BY HIM FROM THE SAME BUILDING TO GET THAT PARTICULAR SERVICE REGISTERED. HE REGISTERED THE SAME.NOW HE WANTS TO PAY THE SERVICE TAX DUES OF THE OTHER UNREGISTERED SERVICE PROVIDED BY BY HIM FROM THE SAME PREMISES UNDER THE VCES SCHEME.CAN HE DO SO?
IF YES WILL THE PROVISIONS OF VCES NOT BE VIOLATED?

UNDER SEC 10 OF INCOME TAX ACT, ARE TRANSPORT ALLOWANCE AND CONVEYANCE ALLOWANCE ARE SAME.

IF SO WHY THERE IS DIFFERENCE IN THE EXEMPTION UNDER SEC 10.

AN EMPLOYEE IS PAID "CONVEYANE ALLOWANCE" OF RS 3000/-PER MONTH TOTALLING TO RS 36000/- PER YEAR, WILL HE WILL GET EXEMPTION UNDER CONVEYANCE ALLOWANCE (MORE THAT 1600CC VEHCILE ETC) OR CAN HE CLAIM "TRANSPORT ALLOWANCE" AT THE RATE OF RS 800 PER MONTH I.E. RS 9600/-PER YEAR.

x ltd incorporated in the last month, shares are allotted to subscribers and co. didn't start business till date. the company wants to issue further shares at premium. whether company can issue shares at premium? if yes, what is the consequences in companies act and income tax act? another way to issue shares at premium. like future propects of the comapny. thanks in advance

AN EMPLOYEE IS PAID CONVEYANCE ALLOWANCE OF RS 3000/-ALONGWITH THE SALARY.

HOW ON WHAT BASIS, INCOME TAX REBATE U/S 10 WILL BE AVAILABLE. AND WHAT AMOUNT. WHAT DECLARATION TO BE GIVENB.

II. UNDER WHAT CIRCUMSTANCES, TRANSPORT ALLOWANCE AT THE RATE OF RS 800.00 PER MONTH WILL BE ALLOWED UNDER INCOME TAX AS REBATE TO EMPLOYEE. WHAT THE DECLARATION OR CERTIFIATE IS REQUIRED OR WHAT EMPLOYER PROVIODE FOR SUCH EXEMPTION. WILL IT BE AVAILABLE,IF THE EMPLOYEE GET CONVEYANCE ALLOWANCE INSTEAD OF TRANSPROT ALLOWANCE.

ADVANCE PAID TO EMPLOYEE OF THE COMPANY LESS THAN RS 20000/- FOR PAYMENT TO DIFFERENT AGENCIES/SUPPLIER/SERVICE PROVIDER.

LATER ACTUAL EXPENDITURE/WITH LIABILITY CREATED FOR EXPENSES AND ADVANCE ADJUSTED AND BALANCE PAID TO EMPLOYEES.

HERE DIFFERENT BILLS/TRANSACTIONS WHICH RECEIVED DIFFERENT SUPPLIERS/SERVICE PROVIDER WHICH VALUED MORE THAN RS 20000/-EACH BILL SAY ONE IS RS 35000/- ANOTHER IS RS 54500/-, THE BALANCE AMOUNT IS REIMBURSED TO EMPLOYEE WHO PAID TO SUPPLIER OR SERVICE PROVIDER.

WILL ABOVE TRANSACTIONS/PAYMENT UNDER SINGLE BILL OF RS 35000/ OR RS 54500 WILL BE DISALLOWED UNDER SEC 40(3A)

Is there any vacancy for industrial training in any Co. In Kolkata.? Please suggest Thank you