Cheques become stale after the expiry of six months from the cheque date. The bank may dishonour the same and on confirmation from the drawer it can be paid.

However, i want to confirm the liability of the banker in case it makes payment against a stale cheque. Please mention the relevant section also.

can the PE2 student, who had just appeared the June 2009 exam, expect any consideration from the institute like liberal valuation???

I HAVE BY MISTAKE A.Y. 2010-11 IN PLACE OF 2009-10 IN MY CHALLAN FOR PAYMENT OF TAN. SO WHAT IS SOLUTION FOR THIS MISTAKE.
ITS VERY IMP FOR ME SO PLEASE GUIDE ME

professional tax is calculated on Basic salary or Gross salary ?

Please give me Valuable Reply...

Thanking You

Dear Friends,
We are working in a company which has Group of Companies.
We have more than Ten Public & Pvt Limited Companies, Firms, and Proprietorship Concerns. In Companies some Directors are common, in firms the same persons are Partners & in Proprietorship concerns they are proprietor.

These all concerns have transactions in between themselves (Purchase / Sale / Loan).
Whenever we open any new concern it takes loan from Old concerns.

My question is whether we have to take Central Govt approval for the same?

Dear sir/Madam,


I am very confuise , I am paid tds online from our business account,

One mistake from my side , Nature of payment mention in challan not correct .

Now I want to place of correct nature of payment code no.

Please help, what can I do?

a pvt. ltd. company does not have any employee during the year however three directors are there. whether it is liable to FBT or not.

Dear Friends,
We have Received some amount for issue of Shares.
For the amount related to premium we should Credit Share Premium A/c or Security Permium A/c?

I am a orthopadically handicape person an employee in a company please, what are the Income tax benefits allow for us.
thanks

We purchased 5 pcs mobile @ Rs.4000/-(Total amount Rs.20000/-) in one vat invoice.
So, as per Company act, can we get 100% depreciation for each mobile because each mobile value lessthan Rs. 5000/-?