RAJESH JAISWAL (PCS, MBA, LLB)
07 September 2009 at 13:37

15 Months Training after the final

As per ICSI information
Students who do not possess the specified practical experience are required to undergo on the job training for a period of fifteen months in recognised companies or under a Company Secretary in Practice duly approved for the purpose.

I don't understand the specific practical Experience

How can one get this exemption if any provided by the icsi


GANGADHAR BASAWARAJ CHAKOTE
07 September 2009 at 13:33

Salary

Is it compulsory for the employer to get the details from the employee relating to his investments falling u/s. 80C, or the employer is free to assume that the 80C limit of Rs.100000/- will be utilised by the employee, while computing the TDS on salary?


CA Surya Desraj
07 September 2009 at 13:26

TDs on Interior Decoration

If there is a contract of Interior decoration and it includes archtectural fees.Will it be right to deduct TDS u\s 194C for the Contract Amount excluding the fees portion and further deducting tds u\s 194J on such fees.?

Will WCT be chargeable on suchh contract??

What if such archtectural fees does not exceed Rs. 20000

Any Case laws in such case?


Pls answer it' s urgent Thanks in advance


pravin

whether provision in AOA is required to appoint M.D. in case of private limited Company


nitesh
07 September 2009 at 13:09

Related under section 68

Hello Experts


Facts of case
one person has only rental income file return every year on regular basis Pay tax on Net Appox. Rs 3,50,000/- income

The assessee'wife is partner in partnership firm.she withdraw cash amount Rs 21,50,000/- from her partnership bank account for purchases of land in jaammu.
But she has not obtain the land due to some reasons and same returned (21,50,000/-) amount is deposit in her husband bank account by mistake.

The assessing officer made addition rs 21,50,000/- under section 68 on basis of bank pass book.

my query :-
1. tell me about section 68 is applicable on tranction made by husband & wife.
2. i think Section 68 is applicable on those person who maintain the books. tell me about "BOOKS MEANING" also. kind ur information assessee has only rental income.

Please give me any case reference also.



Thanks in advance.....


nitesh
07 September 2009 at 13:07

Related under section 68/69

Hello Experts


Facts of case
one person has only rental income file return every year on regular basis Pay tax on Net Appox. Rs 3,50,000/- income

The assessee'wife is partner in partnership firm.she withdraw cash amount Rs 21,50,000/- from her partnership bank account for purchases of land in jaammu.
But she has not obtain the land due to some reasons and same returned (21,50,000/-) amount is deposit in her husband bank account by mistake.

The assessing officer made addition rs 21,50,000/- under section 68 on basis of bank pass book.

my query :-
1. tell me about section 68 is applicable on tranction made by husband & wife.
2. i think Section 68 is applicable on those person who maintain the books. tell me about "BOOKS MEANING" also. kind ur information assessee has only rental income.

Please give me any case reference also.



Thanks in advance.....


KULDEEP

WE ARE AN EXPORTER ONE CAR OF OUR COMPANY HAS BEEN STOLEN AND A CLAIM HAVE RECIEVED FROM INSURANCE COMPANY AND IT HAD BEEN SHOWN IN FIXED ASSEST CHART COLOUM ADJUSTMENT WHETHER IT IS CHARGABLE FOR VAT OR NOT IF YES THEN WHICH SEC CODE



SHAJY THOMAS
07 September 2009 at 12:49

VAT ON FREIGHT

Dear Sir,

Wether I have to charge VAT on freight while billing to my clients, One of my client is charging MVAT on freight charges in the tax invoice. I have some confusion - should we charge VAT on freight amt which we are showing seperately in the same Invoice?

Awaiting your reply.

Thanks & Regards,


shajy Thomas


Sathyanarayana.B
07 September 2009 at 12:45

IT return on NIL income

Hi All. I have one query.

Company X has registerd with ROC in April 2008 , but business has not commenced till date.Only preliminery expenditure was incurred. Now promoter wants to wind up the company. whether income tax retun should be filed for P/Y 2008-09 for Nil income? can anyone please clarify this with sections of It and case laws?


Sathyanarayana.B
07 September 2009 at 12:42

Cenvat on export

Hi all. I have one query to you people.

Company X has two divisions i.e. export of product and export of service. That Comapny takes input credit of service tax on both divisions. But there is no output service tax to set off these.(since export of service is exempt). Now my question is;

1. whether that company can take whole input credit of service tax on both the division? because first divison is exporting product ?

2. Whether export of product is taxable under service tax?( If i say clearly product division means a packaging unit)

3. Can company get refund of whole service tax input credit from the department?

Thanks






CCI Pro



Answer Query