Dear,

Our company has purchased a Desktop Computer from a Store by paying full payment.

The store gave us a Quotation and was approved and payment worth Rs. 23,500.00 was made in that respect.

Kindly suggest if this can be treated asa cash expense to buy a FA and the Entry if treatment is otherwise.

Dear Sir,

I am a job worker and likely to get jobwork from abroad.
Can I import the material under Duty free Scheme against Bond? If yes, than what is the Procedure?
What happened to the scrap generated out of jobwork process?

Please guide me

Whether filing of return is necessary if interest income on FD is recieved by NRI holding an NRO account.

Does the ceiling of 5% applicable to private limited companies,and also the rotation of auditors

Dear All

Kindly guide me that Resolution to authorize director to file returns with ROC is required to file annual accounts and annual return, My question is that In case annual accounts for year ending 31.03.09,31.03.10 are filed in say 2013, whether resolution authorizing director to file annual returns and accounts should be passed in current date or previous year dates Say 09,10...

Sir/Madam,

In computing the tax liability of a Pvt. Ltd. Company the normal tax (say 100/-) but there is no Book Profits (i.e. MAT is Nil). However there is a MAT credit entitlement available (say 200/-).

I want to know whether i can set off the tax payable from MAT Credit thereby making tax payable to be Nil.

Thanks

Dear Experts,

What are the steps to merge two private companies.

Thanks in advance.....

FD Interest received from bank.
TDS is deducted.after that also tax liability arises. So is there a need to file IT Return for AY 11-12?
please suggest other important points to be considered.

Hi..
Presently we are paying rent to four co-owner of property @6000/-pm to each person. Hence no tds liability will be genated. But if we transfer whole amount to only one person whether tds liability will generate.

We have made rent agreement with four co-owners & no specific wording is written regarding whole payment of rent only one person.

WE HAVE PURCHASED PLASTIC GOODS FROM HARIDWAR , WHAT RATE OF CST SHOULD THE PARTY APPLY IF C-FORM IS NOT GIVEN