Anonymous
24 May 2013 at 15:10

Export license

Dear Sir,
We need to obtain export license to export machinery parts.
Please make me enlighten that how long time it take to obtain export license and what are the formalities for the same.

Thanks and regards.



Anonymous
24 May 2013 at 14:58

Form 26as

Dear Sir,
There are 35 entries in form 26as of one of my client. Out of which there are two unmatched (U) entries.
Before filing return I should ask my client to rectify these two entries
or
I should file return and claim tds of only those entries which are with (F)status.

Please advise me.


Rahul J Sangani
24 May 2013 at 14:51

Applicability of pf & esic

if a X Pvt Ltd company have 5 employees (including Contract Employees) at the year end. during the year 4 employees has resigned. company is paying Gross salary Rs.30,000 to all and basic is Rs.18,000. whether company comes under purview of PF and ESIC.



Anonymous
24 May 2013 at 14:36

Ltcg on sale of a house

Dear sir while furnishing the the detail of ltcg from sale of house...cost incurred in purchase of land + construction cost.....should we just provide the ammount incurred in construction of house ...or do we have to provide some sort of documents supporting the constrution cost incurred...

Purchase date of land- 1988
cost of land- 48 thousand (48,000)

Cost of construction yr 1990- 3 lac
cost of construction yr 1995-2 lac

Sold the house in 2011
ammount- 18 lac

Should v just provide the figure of construction cost
Or do v have to provide some sort of documents supporting the constructin cost?

Pls guide
Thanks


Jenish

Hello,
I have recently completed graduation in commerce stream.
I am also student of CA-Final.
I want to ask you about courses available after graduation which can also help me in career of Chartered Account.
Please suggest me good courses available after the graduation in Commerce stream..



Anonymous
24 May 2013 at 13:49

Senior citizen scheme

please brief the senior citizen scheme and deduction under I.Tax Act


MOHAMMED RIZWAN SHAIKH
24 May 2013 at 13:32

Tds on hotel bills

I'M DOING AUDIT OF AN NGO AND HAVE COME ACROSS ON A QUERY THAT THE ORGANIZATION HAS MADE PAYMENTS TO A HOTEL TOWARDS ACCOMODATION CHARGES ABOVE RS. 2 LACS IN THE MONTH OF FEBRUARY AND MARCH.

I WANTED TO KNOW WHETHER SECTION 194-I BECOMES APPLICABLE IN THE GIVEN CASE OR NOT.

PLEASE REPLY ME AT THE EARLIEST.


M M Mokashi

A service tax has been applicable to restaurants which is having air condition w.e.f 1.4.13
"my query is if we remove the AC & install water air cooler system then it attract the service tax nor not??(we serve food & soft drinks only no liquor)"


Rounak Jain
24 May 2013 at 13:16

Capital gain

IF A NON RESIDENT INDIAN TRANSFERS HIS SHARES (OF AN INDIAN COMPANY) WILL HE HAS TO PAY CAPITAL GAIN TAX AND IF YES HOW CAN INDIAN LAW BIND HIM TO PAY SUCH TAX.


atul mane
24 May 2013 at 13:12

Receipt & payment

Respected All
I have a query regarding receipt & Payment preparation of educational institute

at the time of preparing receipt & Payment of our institute our accounts & finance manager taking amount like below mentioned & i am confuse about that please give me information

while taking library deposit refund amount

opening 1772408

dr. -821500

cr . -886500

closing - 1837408

he took rs 65000/- on receipt side
( 821500-886500)
& while taking scholarship payable amount
he took the closing balance amount

amount - so & so
is correct to take one amount like 1st step & other like 2nd step or there is something wrong or all wrong if yes please tell me how to take amounts when creating receipt & payment

Thank You.





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