Sir,
I m Gautam Nimodia PCC student i want to know from were i will get PCC Q/P of all the ezamination which were held till now is there any site or any source from were i get the Q/P.
Thanks

Private trust earned Dividend income of Rs 1500000 and it is distributed between two beneficiary in ratio of 1:1. Now my query is whether such share is taxable to beneficiary or not. If yes then give explaination and if not then in what name it should be disclosed in accounts.

To my understanding, TDS on contract of erection services has to be deducted on the bill value.

In case, boarding and lodging expenses incurred by them and included in the bill value along with service charges,we need to deduct Tax only on service charges portion since boarding and lodging expeses are mere reimbursement.

If so, do we need get the proof of boaarding and to and fro bills for records??

Pl clarify

DEAR ALL EXPERT,

Pls. guide me about Service tax liability towards Goods transport services.

My question is: can i pay my service tax liability of GTA from credit balance of service tax credit.

Is it mandatory for service tax payment of GTA should be made through CASH only.

Pls. help me.

Regards
Bishnu Deo Sharma
email: bishnu_jsr@rediffmail.com

Dear all
plz tell me accounting treatment of expenses relating to the increase in Authorised Share Capital after the incorporation of company and also the expenses relating to the issue of share during any subsequent year of its incorporation

do a senior citizen whoes source of income is pension and interest need to fill and file ITR1 even if his total income is below 225000.

can he be free without filing ITR1 as his income is below the limit.

or do he need to file nill return.

Help

Dear Expert/s,

We are a battery manufacturing Co. and Registered with Central Excise.Now we want to sold our own product with M.R.P mention on the Packing Box.
Hence I request you to all please tell me the procedure to fix M.R.P
With Regards,
R.Dutta

Modified query :

The appointment letter was issued to an employee designated as Deputy Managing Director. The said appointment letter is a regular letter as issued to any other employee having the normal terms of contract for employee. Subsequently the Board approves his appointment as Additional Director on the Board on 24th January 2006 wherein it was also proposed to appoint him as Deputy MD for a period of 5 years.

Subsequently on 11th December 2006, the Board elevates him as the Managing Director with immediate effect for a period of five years.

Pl. note no separate MD contracts have been signed by the Company.

His salary is above 24 lakhs per annum. Now pl. advise me whether his nature of employment is permanent (because he is firstly an employee) or is it contractual (as MD is appointed for 5 years although there is no separate written contract) which I need to disclose in Section 217(2A) statement.

Need clarity on the above pl. asap

i have doing an audit of a company which is

buying tatasky recharge coupons from the

dealer any selling them to there customers.


but they do not pay any service tax on there

sales of recharge coupons. i want to know is

the company liable to pay service tax or is

it exempted ?

Hi,

a) Can I have seperate portfolios for investment and trading, whereby gains on the investment portfolio will qualify as LTCG/STCG and those on the trading portfolio will qualify as income from speculation?

b) Suppose I have share A in my investment portfolio, I sell share A and buy it back on the same day. Can I show it as a speculative transaction not affecting my
investment portfolio i.e. FIFO not applying and simply an unrelated speculative transaction?

c) Is it to my discretion as to which transaction to classify as an investment and which to classify as speculative? If not what are the parameters on which IT dept categorises these?

Thanks & Regards