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CMA Ankur Pandey
05 June 2009 at 10:54

great puzzle

hi freinds ..............try to solve this.

a man went to a shop and buy an article for 10 paise . he give 50 paise to shopkeeper,the shopkeeper reply that he had no change of 40 paise, give me one rupee ,i will return 90 paise to you ..........tell me how?


rajesh

Thanks for your Reply Mr. Chetan Soni Sir.

Sir you tell 'No' is selected in Challan Filling Status, but in Annexure-I Filling is also containing Paid by Book Entry or Other Wise the above cases which option I Select i.e. Yes/No. Please Tell

Thanks In Advance


Padmashree Raju
05 June 2009 at 10:30

TDS deductees being foreign company

Hi

Our client has the main source of income from royalty income, they deduct TDS @ 20% from foriegn company, who donot hav a PAN number. How do they file their eTDS returns without PAN number &issue Form 16A to those foreign companies


NEETI
05 June 2009 at 10:21

MINUTES



1. As per Section 193 of the Act, minutes of the Board meeting are to be signed by Chairman of the meeting or Chairman of the succeeding meeting.

Our Chairman is busy getting business for the Company and does not have time for signing of statutory documents/minutes etc and wants to authorize the Vice chairman to do all the signing of paper work.. Can Chairman delegate duty of signing of the Board Minutes to the Vice Chairman, where there is one by authorising him to sign on his behalf?




2. Further, Can any Director execute General Power of Attorney to some other person/Director to do the following acts, deeds and things like:
1. To represent in meetings and cast vote
2. To sign papers/docs which may be required in the usual course of business in capacity as Director
3. To enjoy all the powers and benefits which in capacity of Director I am entitled to
4. To do all lawful acts necessary for performance of all my duties, obligations, rights and interests as a Director

Declaration : I hereby declarate that all such acts, deeds and things that may be done by my above Attorney by virtue of the powers hereby conferred shall be binding on me if done by me in personam and I ratify all such acts that may be done by my above said Power of Attorney holder.





Bala Abiramy
05 June 2009 at 10:10

Issuance of Form 16A

Dear Experts,

We have accured expenses for the FY 2008-09 although we received the invoices only in April/May 2009.

Credit was duely given to the party & TDS deducted,paid..filed the Q4 returns & also issued Form 16A.

Now the deductee claims that for the invoices raised in April/may 09, separate Form 16A needs to be given & that it does not pertain to the FY 2008-09.

Our content is that we have accured for the expenses in our books & hence deducted/paid TDS & included in the FY 2008-09 itself.

Is the content correct?& any supporting available to this?

Kindly provide asap!


rahul
05 June 2009 at 08:35

on sale of bonus shares

my mother is having a bonus shares for more than 10 years. but during 2008-2009 she sold that shares @ profit of Rs.120000
and her other income is nil. I just wanted to know how much tax she need to pay for the f.y-2008-09


nidhi jain

plz send me comparision of above


Guest
04 June 2009 at 23:34

pls suggest me.

hello,iam appearing for november'09 pcc exams and i din't start up any preparation till now.also i wont have any leave before exams as i had used the leave earlier.i have no good plan to study.so pls tell me how to study?i.e., whether to complete subject by subject or to read all subjects daily?n i have to do income tax by self study.n also frnds pls tell me whether i can cope up for the exam without leave?my office timings r from 9am-3pm.still five months r left.so frnds pls spend few minutes of ur time and reply for which i will be thankful to u.bye.pls reply.


Sambit Kumar Mohapatra
04 June 2009 at 21:47

Rules and regulation

What are the rules and regulation of a company auditor.


Vijay Kr. Mishra
04 June 2009 at 21:26

Calculation of Capital Gain / Loss

Dear Members, Please tell me how can i Calculate my Capital Gain / Loss in Shares, For example :-

Purchase details : On 15 June 2008, X Purchases 100 Shares in For Rs. 12,000.00 ; at the time of purchase X pays : Brokerage Rs. 6.15; Transaction Charges Rs. 2.50; Stamp Duty Rs. 3.25; Service Tax Rs. 9.50; STT Rs. 18.00.
( Total Amount X pays for 100 Shares 12,000.00 + 6.15 + 2.50 + 3.25 + 9.50 + 18.00 = 12,039.40 )


Sales details : On 20 March 2009, X Sells 75 Shares For Rs. 10,875.00; at the time of Sales X pays : Brokerage Rs.5.25; Transaction Charges Rs.1.85; Stamp Duty Rs. 2.25; Service Tax Rs.7.50; STT Rs. 16.00.
( Amount Realised after paying Charges & Taxes: 10,875.00 - 5.25 – 1.85 – 2.25 – 7.50 – 16.00 = 10,842.15 )






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