will company act 2013 applicable for nov-2014 ca final exam?

Is Salary Rs.25000/- P.M. allowable for bonus?

If yes, how to calculate.
If no, then conditions?

Firm A Propitiatory Firm providing Service Under Work Contract which is received by Company x. Invoice raised by Firm A was Certified by Consultancy Engineering Company Y.

one RA Bill not received by Company x from Firm A or From Consultant Engineer Company Y. Now Firm A wrote a letter after 8 month to Company x and gave detail of Ra Bill which not received by Company X (Certified Invoice from Consultant Engineer Still not Received by Company X).

Please Clarify When Service Tax liability arise of Service receiver to pay Service Tax?

X ltd has identified a plot of barren land in India for constructing a Laboratory with an intention to export 100% of its research services and thus avail an EOU Status. For the purpose of construction of research lab, X ltd will import capital goods (which includes electrical items, HVAC and other capital items). X ltd will place the import order for purchase of these capital items immediately with construction in progress. Can X ltd avail EOU benefits for the purchase of these capital goods? What documentary procedure will it require to follow?

RE-APPOINTMENT OF MR. A. JAIN :

Proposed by:
Seconded by:

The following ordinary resolution having been proposed and seconded by the aforesaid shareholders was taken up for consideration:

“RESOLVED THAT pursuant to the provisions of Section 198, 269, 309, 310, Schedule XIII and other applicable provisions of the Companies Act, 1956, (including any statutory modification or re-enactment thereof for the time being in force) the consent of the Company be and is hereby granted for re-appointment of Mr. A. Jain as the Managing Director of the Company, whose tenure of appointment is going to expire on 30th September, 2013 for a further period of three years w.e.f. 1st October, 2013 on the following terms and conditions :
a) Salary Rs. 50000/- per month ;
b) Company's Contribution to Provident Fund, Superannuation Fund or Annuity Fund as per the Rules of the Company to the extent these either singly or put together are not taxable under the Income Tax Act, 1961;
c) Gratuity payable at a rate of half month's salary for every completed year of service as per the rules of the Company;
d) Leave with full pay as per the Company's Rules including encashment of Leave at the end of the tenure;
e) Provision of car with driver and all running and maintenance expenses of the same for company’s business;
f) Provision of telephone / communication media at residence for Company’s business;
g) Leave Travel concession as per rules of company subject to a maximum of one month’s salary two times in a block of four years as per income tax rules.

RESOLVED FURTHER THAT Where in any financial year, the Company has no profits or its profits are inadequate, the said remuneration shall be paid as minimum remuneration in terms of the provisions of Schedule XIII of the Companies Act, 1956.

RESOLVED FURTHER THAT the Board of Directors be and is hereby authorized to do all such acts, deeds and things and execute all such documents, instruments and writings as may be required to give effect to the aforesaid resolutions with the power to add, alter, vary and substitute all/any terms and conditions of the remuneration subject to the same not exceeding the limits of Schedule XIII, in such manner as the Board may deem fit and agreed to by Mr. A. Jain .”

On being put to vote by show of hands, the above Ordinary Resolution was carried out unanimously.
Question is- can i file e-form 32 in this case.

Is a person required to obtain TAN no. if the transporter provides him the valid PAN no.and he has no liability to deduct TDS.

Dear Professional,

If I have summited 2 quarterly report to ICSI and now I want to join another company for CS Training but my present company is not giving my training complition certificate. than now what will I do regarding my transfer of training.

Please replies as soon as earliest

Thanking you

X ltd has identified a plot of barren land in India for constructing a Laboratory with an intention to export 100% of its research services and thus avail an EOU Status. For the purpose of construction of research lab, X ltd will import capital goods (which includes electrical items, HVAC and other capital items). X ltd will place the import order for purchase of these capital items immediately with construction in progress. How can X ltd avail EOU benefits for the purchase of these capital goods? What documentary procedure will it require to follow?

Hello Sir/Madam,

We are purchasing a machinery (Asset) from other state for business purpose (for making machine oil). please clear following points.

1. TDS should be deduct or not.
2. as per audit point of view, what procedure/precaution we should follow.

In a private limited company, they transfer 50000 nos of equity share @ Rs. 10/- each Total consideration Rs. 500,000/-. Share transfer from a relative of director to another director. How much stamp duty they have to pay?