SIR

IF A COMPANY HAVE TO ISSUE 12% PREFERENCE SHARES @ 30% PREMIUM. WHETHER THIS SLAB IS ALLOWED AS PER ACT..

PLEASE GUIDE ME.

Is rent paid by married girl to her mother allowed under HRA exemption??Being married, now she doesn't stay with her parents.

can anyone give me the related info regarding industrial training of article ship??

One of My client being A state Government Ltd Company.

During the current year the Company has given a Bank Guarantee to one of party from bank against Performance based contract.(i.e. Performance Guarantee) but not Financial Guarantee.

Accordingly the Bank charged to My client's Account towards BG issuance charges which was in Lakhs of Rupees.Our client debited to such charges to Other Expenses.However during the course C & AG Audit the Auditor pointed out that the same should be Financial Cost to Co.hence wrongly debited to Other Expenses instead of Financial Cost/Expenses.

Noe query is whether remarks/observations as pointed out by C & AG Auditor is correct or not as my client is not having any non fund based facility from Bank in the form Bank Guarantee. even they can request to Bank for issuance of Bank Guarantee without Margin in form of FDR so far State Government undertaking is concerned.

Dear Sir/Madam,

Who came under taxable territory in reverse charge mechanism.


kindly advise..... regards Shekhar Arya

I HAVE PAID THE REMUNERATION TO THE DIRECTOR MONTHLY BASIS AMT.RS.50000/- AND ALSO DEDUCTED THE PROVIDENT FUND AND ALSO T.D.S. (PROFESSION) DEDUCTED IN HIS SALARY.COMPANY HAS GIVEN THE SERVICE TO THE DIRECTOR FOR MOTOR CAR,TRAVEL EXPENSES,TELEPHONE AND MOBILE SERVICES USES AND ITS RUNNING EXPENSES. THE PARTY HAS THE INVOICE IN THE NAME OF COMPANY AND DIRECTOR FORRWARD THE INVOICE TO THE ACCOUNT PAYABLE DEPT.AND COMAPNY HAS DIRECT PAYMENT TO THE PARTY.

MY POINT IS THIS WHETHER SERVICE TAX IS APPLICABLE ABOVE ALL ARE EXPENSES OR NOT.

PLS.CLEARIFY.

THANKS IN ADVANCE

Respected sir/mam
in order to registration of TAN ID at new site TDSCPC.gov.in i m getting some error like "invalid details" even i entered right details as demanded by site in new user registration as well as old registered id registered at TIN-NSDL both are showing same error.

so plz help me

if there are only two directors in a private limited company. one director is resigning and 1 is being appointed as an additional director is his place. so will both the process be done by filing one form 32?

A private limited was due to hold its AGM on 29/09/2012 has not yet held it?
because of this there is no appointment of Auditor?
Plus the company wants to change its Auditor but has not yet disclosed the name of the new auditor to its current auditor?
The Board is asking for NOC from the current auditor?
I Want to know what legal non compliance the PVT ltd is into?
Recourse to the Current Auditor?

Dear Sire,

I filled income tax return after due date for the F Y 11-12.but after i have come to know about data entry mistake i have done in my ITR..

so how can i rectify the mistake since i cant file the revised return...

Thanks in advance...