Whether board resolution is necessary if a company:

1. opens a branch office?

2. hires the office area of branch office on rent of a certain amount?

3. purchases fixed assets for its branch?

4. takes loan to purchase fixed assets for its branch?

5. appoints employees(please mention designation as applicable)?

6. Moreover, whether original copy of above mentioned minutes to be kept in branch or registered office?

Please advise.

Is audit necessary for a particular branch of a company?

or

When branch audit is necessary for a particular branch of a company?

Please advise.

Dear Sir
I want to take service tax registration no. in mumbai.
i have created the profile but in ST-1, i am confuse to fill the following tabs
1. Commissionerate
2. Division
3. Range
my office situated in THANE and name of company start from "P".
How to fill these tabs?

Further, nowdays, description of taxable services menu is not containing the list of services. only other than in the negative list is appearing. should we marked other than in the negative list?

Respected Sir,
I have received my Jan 2012 to March 2012 salary arrears Rs.54000/- in the Month of May 2012. Can I get any exemption for tax saving under which section?

Respected Sir,
I am working as a Primary Teacher and I dont get FORM 16 from the school. Can make FORM 16 for me if I give u my salary details and savings and investment details.

I work in a Pvt Ltd company.
Salaray Break up:
1.Basic
2.HRA
3.Convenience Allownce
4.City Compensatory Allowance
5.Special Allowance
I reside in Rented House in Kolkata
I want to know for exemption of house rent
if I calculate

a)Rent Paid-10% of Salary

Here salary means in my case which one is applicable:
a)Only Basic
or some thing Else?
I dont have provident fund in company nor receive Dearnes Aloowance.

Dear Sir,

If Machinery Purchase bill have excise duty & Vat also, We taken credit for both. then what will be the amount taken for charging Depreciation?

Eg. 100+12.36+12.5=124.86

Kindly explain in detail with excise duty & VAT also?

hello,
i am planning to buy an tablet which is made in china and provided by dx.com/shoppingcart.dx.com the price listed is 195 $ with free shipping or the shipping price is included in this 195 $ how much import duty or any other form of tax do i have to pay . please can you tell me the total cost in rs ( assume 1$ = 55 rs ) (195 $ + all taxes ) that has to be paid by me and moreover i want to ask 1 thing where this duty has to be paid ? when i receive the product then to the courier man ? i reside in karnataka

I had filed my ITR for A/Y 11-12. Now in the status it is shown as ITR-V rejected..

Why have they rejected the ITr?

Moreover, should i revise the return or simply send the ITR-V again to CPc,bamgalore?


I have the acknowledgment from the income tax site.
Do i need to revise it or just sending the itr again wud be sufficient?

Kindly advise.

we have not paid salary to our director for the months of apr to oct 2012, but we have provided for the same.now my question is whether i should pay income tax on such salary amount