Jay Chakraborty
30 July 2009 at 10:48

Applicability of AS - 21

A Central PSU (Miniratna) has one fully owned subsidiary. but it never prepares Consolidated Financial Statement with the logic that it is not listed. is that logic tenable?


AJK
30 July 2009 at 10:37

TDS on referral bonus

Our co pays "referral bonus" to employee who refer other candidates to our co. E.g ABC refers XYZ and XYZ joins co, then ABC will get specified amount as referral bonus. My query -
Presently this payment is made out of payroll and TDS is deducted under head of prof fees. Can this amount be routed through payroll and TDS deducted under head salaries ?
Which one is correct and why ? Pl revert for opinion


Amit pilojpara
30 July 2009 at 10:25

Practice or Job

My name is Amit. I am orthopeadically handicapped having problem in walking. I have cleared final exam in nov.2008 first attempt. My situation is that I can do practice or job in Ahmedabad only. I can't go in other city also (including training for job). Whether I should do Practice or Job as per Present & future prospects and my physical condition. Plz guide me in building my career.


reshma
30 July 2009 at 10:21

HUF a/c

Dear Experts,
Pls tell me whether we can give or take commission on sales to or from HUF (i.e. person holding a/c in Hindu undivided family) what are the rules of HUF to create & to operate?.

Pls suggest.


M.Gomathi
30 July 2009 at 10:14

Sec 80QQB

What is the limit of exemption for royalty income for authors? Explain in detail.


Prakash
30 July 2009 at 09:23

Gratuity Provision

How to make provision of gratuity in Accounts for every year? Tell me sir full Calculation details.


prasad b.v.
30 July 2009 at 09:04

filing incometax return

My salary income during fin.year 2008-09 exceeds Rs 1.50 lakhs before allowing deduction under chapter vi-A,but it is less than Rs 1.50 lakhs after allowing deductions under chapter vi-A.As tax payable is nil form 16 is not issued by the employer.Can I file the returns based on the salary statement as form 16 is not available.


RAJENDRA PATEL
30 July 2009 at 01:18

service tax liabilities

we are having one mlm company private limited doing business of agriculture bio fertilizers, insurance life as well as general by registering members and members are attract new members for registrations. members are paid commission for canvassing new members and selling products of company is company liable for service tax if yes can company deduct service tax from members commission


Siddharth Karia

Hello,

Sir/Madam,

is there anything like part time COP ?
if yes then can he do audit of as many companies as other CAs do and can he keep article assistants ?

Please let me know whether a CA can hold COP and do other business also.
i mean marketing business.

if yes then what r the conditions and formalities to be followed.


M K MODY
29 July 2009 at 23:52

E-filing

I had sent five acknowledgments to BANGALORE for e-receipt in an envelope. 2 for AY 2008-09 & 3 for AY 2009-10. I have received e-receipts only for AY 2009-10. What to do for balance receipts ? It is ok to take new prints of ack and contact local IT office ?
Have your suggestion/comment, please.






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