Ashish
27 July 2009 at 12:42

PE - II to new syllabus


Hi

I am awaiting for the result for PE-II exam conducted in June 09.I have appeared for 2nd group only.My first group is cleared.I infomed that June 09 exam for PE-II is conducted as last exam for all PE-II student.If they have not cleared in this than they have to register themselves for CPT if they want to persue further.
Query is
1 )Is it true that this exam is last attempt for all PE-II student?
2 )What to do further whether we need to register for CPT or PCC or base on my PE-II registration i can continue further.and for whcih exam i can appear?
3 ) As i have cleared 1st group of PE-II whether is there any exemption in new course ?

Please help

Ashish


CS Vandana Kacholia
27 July 2009 at 11:55

Relative of Directors-urgent

1)A private company can accepts loan from relative of directors but what when that relative is also an employee of the company?

2)we have to make them shareholders by transfering shares from directors to them:

(a) so transfer of shares would be from the date when company takes loan from relative of director?

(b) can shares be again transferred to directors when still that relative's loan exist and even he is in employment also??



Thanks & Regards
Vandana Kacholia


manojkumargupta
27 July 2009 at 11:27

ppf account

sir
i have ppf account in my name and in my wife name.i contribute from my salary in both the account.
now i have opened 2 ppf accounts in my minor children name.
My tax planning is that i shall contribute 70k in each of this 4 ppf account.
and claim rebate of one lacs for 70k contribution in my account.
In this way i shall build capital for my children and my wife and be free from clubbing provision as interest of ppf is tax free.
Am i right?
kindly clarify

at present i am assesse only and claiming rebate of ppf contribution in my account.
my query is that can i deposit 70k X 4=280000 in all the account from my current income and claim income tax relief only on my deposit of 70k
is this valid?


BISWARANJAN SUBUDHI
27 July 2009 at 11:26

Cancellation of Share warrant

Can a public company which is not a listed company, cancel the share warrants?


Kanchan
27 July 2009 at 11:12

Multiple Form 16s

Respected team,

Could someone help me in how multiple form 16's for an year be used to see if additional tax needs to be paid or not.

Appreciate if you can send me or lead me to a tool which can do this.


Nazir
27 July 2009 at 11:00

Export of Chairs

Hi,

we are STPI unit, we were imported some chairs from Singapore with customs exemption, now we need to export these chairs to US (our parent co.) do we need pay customs again???

Nazir


deepak
27 July 2009 at 10:30

claim of Vat refund

anybody tells me i am working in export units trading of cycle parts we use the oil and lubricants like grease etc. can we claim the vat refund which is charged on oil & lubricant the tax rate is 12.5 %


Rajendra Prasad
27 July 2009 at 10:25

Works Contract Tax

Dear Sir,

I am working in a HVAC Works company in Hyderabad. My problem is we are getting works from our customers. In that some customers are issuing orders in Composit Rate, some are issuing order as actual basis.
We are paying directly 4.12% on receipts of Composit works. Other than composit how I have to calculate. As per the act "IF the dealer pays sales tax?VAT on actual value of goods involved in works contract, then service tax will be payable on gross amount charged for the works contract minus value on which VAT/Sales tax has been paid by the dealer(rule 2A(1)(ii) of Service Tax Valuation Rules).

Here we are receiving amount three or four times in upto completion of the project (i.e. it will take upto 4 to 6 months). It is also not possible to calculate the Taxable portion before completion of the Contact. HOw I have to proceed Please help me on this issue.

Rajendra Prasad.


Prakash

Can we remit the professional tax deducted from employees of different state at Bangalore as HO of this office is in Bangalore and salary is being done at here .If so what is the procedure?


Anvil

Our Partnership Firm has a capital of Rs.2,00,000.00. What would be the Stamp Paper Requirement for the Partnership Deed as per the latest Act?






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