Whether it is possible to reduce fees of statutory auditor of a private company on reappointment ????
Hi.
Please tell me the rates of Depreciation as per Income Tax Act on Motor Car from F/Y 1999-2000 Till now.or give me any
site address from where I can get it.
Thanks
Dear Sir,
One of our customer is electricity board Meerut ( C ) ,and one of its store division is Moradabad (M) , under this division three store centers are their Moradabad, Bijnor & Buladsahar ,Store division (M) will issue road permits for its store centers i.e issue by store division Moradabad (mentioned on road permit with tin no.)
Now we are invoicing like (as per dispatch instruction given by customer)
Excise Invoice in name of store division Moradabad (M) i.e.consignee with tin no. of (M) in excise invoice.
Delivery challan/commercial invoice: sold to electricity board Meerut ( C ) and ship to address mentioned in delivery challan /Invoice are three sotre centers Moradabad , bijnor & bulansahar (separately) where actual delivery of material has to be done.
Is this correct transaction?
If a Pvt Ltd Co. is a partner in a Partner Ship Firm Then the treatment if....
a)Out of Seven Directors Two Directors are also the partners in the Firm.
b)Can we give interest on capital & Partners Salary To the Pvt Ltd. Company
c)How is The Pvt Ltd. Company Show this Investment in his books of Accounts.
MD of a private company was appointed for 7 years and now the perid of 7 yearas and another 10 months had gone. Actuall he was continuing his position. can his re-appoinment be at a later date ratifying the acts done by him.
Can a Private Limited Co. become partner in a Partner Ship Firm......If Yes Then the treatment if....
a)Out of Seven Directors Two Directors are also the partners in the Firm.
b)Can we give interest on capital & Partners Salary To the Pvt Ltd. Company
c)How is The Pvt Ltd. Company Show this Investment in his books of Accounts.
Sirs,
I filed my income tax return online and registered my digital signature also for the AY 2009-10.
I got the acknowlegement ITR V by e mail and that says I must sign the form and send by post to Bangalore IT office by ordinary post.
Even if I have registered the digital signature, is it still necessary to send the ITR V by post?
Should the ITR V not be different if filed with digital signature.
My advance thanks for the response.
Under Finance Bill (2) 2009 - two taxable services namely transport of goods by road and commission paid to foreign agents have been exempted from the leavy of service tax, if the exporter is liable to pay service tax on reverse charge basis. The present cap of 10% on commission agency charges has been retained, and the exporter will have to pay service tax on the amount of commission which is in excess of 10%. Explanatory Notes mentioned in Finance Bill 2009.
The exemption shall be limited to 1% of the FOB Value of export goods for which the said service has been used. Notf 18/2009 dt 07.07.2009.
Which one is to be followed or the Notification is to be amended ?
Welcome the comments of Experts.
Thanks,
S. Banerjee
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Audit Remunaration