Asawari Malhotra
14 June 2013 at 22:13

Pgbp

ABC Ltd has engaged one Advocate with regard to its legal proceedings. The company provides him facilities like free transport , boarding/lodging and has incurred ₹50,000 on it .. Will this be allowable as an expense under pgbp ? If yes, under what section ?



Anonymous

Sir
main uppcl corporation mein accountant hoon. hamare office ke labour contractor bill mein 75% and 25% ka reverse charge kar rahe hai kya yeh hamare corporation mein liable hai.Please guide me.
Thanks


CA Sahil Singla..
14 June 2013 at 21:59

Tds on shipping charges

Sir

My client is engaged in import Business & is regularly paying shipping Line charges per container. Whether any TDS is laible to be deducted on these charges ? If yes, then under which section ?



Anonymous
14 June 2013 at 21:58

Due service tax are not deposit

Sir
maine 2009 se apana service tax deposit nahi kiya hai.ab main apana service tax deposit karana chahata hoon .kya iske liye mujhe service tax office se permission leni hogi ya nahi .Please guide me.


Asawari Malhotra
14 June 2013 at 21:47

Subsidy of capital nature

I read in a book that subsidy of capital nature provided by the government is not taxable under Income-tax Act .. But if the government exempts you from paying interest for a loan taken for buying a fixed asset.. Will it be a capital subsidy or a revenue one ? Cause fixed asset is a capital asset but paying periodic interest is a revenue expenditure .. Pls explain in detail.. Thanks..



Anonymous
14 June 2013 at 21:46

Help for career

I Anisha Gangeria, I am a BCAF (Bachelor of Commerce in Accounting and Finance) and I have started with IPCC. I am willing to do some expert course during my articles time but I am confuse between CFA and CFP. I don't want to neglect my articles so want a course that would appreciate my qualification and also that can be done in 2 years time.
Please advice.


Asawari Malhotra
14 June 2013 at 21:39

Excise duty

Excise duty is charged on the cost of the manufactured goods but this cost includes custom duty .. So do we deduct the amount of duty from the cost ? If not, wont it be paying tax on tax ?


Abhay Singh

sir,
i want to know about valuation process of shares that has been held as an investment??? and how we calculate long term and short term gains/loss at the time of its sale??



Anonymous
14 June 2013 at 21:22

Phd after ca

can anyone please tell me good university for PHd( finance or management) after CA, via correspondence mode?



Anonymous
14 June 2013 at 21:14

Change of gmcs bacth

I got registered in a bacth for GMCS but due to some unforseen circumstances i can't attend the same. Either i need to switch the bacth or take 2 days leave. Do i have that option. I tried to change the batch online but the new batch slot is empty. Do i need to visit ITO or have to pay fee again?
Pls reply soon, my batch just has two days to go!





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query