Dear Sir, I am in public ltd.co.in maharastra, we are deal with one pvt. transporter, we used for stock transfer to our depot and sale to our partites, the transporter is not regd.with service tax, so we paid service tax on behalf of transport app.Rs.7000/- per month, this amount is not deducted from transporter bill, we calculated as a consider 75% of bill amount and calculated service tax on 25% of bill amount. can we get a benifit of this service tax app.Rs.7000/- per month as a cenvat or service tax ?

Dear Sir, I am in maharastra in public ltd.co, we had purchased one trailler cabin and triple axle running gear for tank mountaning from maharastra, this tanker we use for our raw-material transportation for inter branch stock transfer and material supplied to parties, can we get benefit of VAT for the purchase this vehicle.

what are the requirements/Provisions for issue of Bonus shares by a Public Unlisted Company. Please give in detail

Sir,
I am accounting for sub contractor for gov.roads,bridges etc.The firm is individual he has cc of rs.30,00,000 and other secured loans.While accounting bank ac loan process fees,search report etc such charges bank has charged how should i account in p/L (bank charges OR loan process fess) & in bank statement 100,000.00 & 50,000.00 these amounts has been debited saying Share Capital (how should it be accounted in tally)

Is servicetax applicable for sub contractor (for gov schme: for roads,bridges,dranage)his turnover is min rs 1,00,00,000

Suppose one employee is drawing Basic pay of Rs. 24,000 per month. Employer contribute to PF max – 12% of 6500 = 780/- and employee contributes 12% of 24,000 = 2880/-. So here employee's and employer’s contribution to PF is different. And in the same company for second employee with same basic of Rs.24000/- employer’s contribution to PF is Rs.780/- & employee also contributes Rs.780/-.

So in first employee's case contribution by employer and employee is different and in second employee's case contributions are same by both employee and employer but differ from practice following for fist employee's case.

Is this allowed by RF department?
Can employee contribute 12% of 24000 and employer contribute 12% of 6500 (max limit)

Please revert.

Regards,
Mehul.

Dear friends.

I hve registered me in last april 08 for final course.I hve received registration letter but i hve not received my I-card till today so wht to do...Is there may be any prob in completion of training?

Dear sir,

our's is a private trust running an management training for MBA courses conducted by IASE university.

Our Director (Chairman & Trustee) went for official trip to delhi & jaipure. Meantime he incurred the expenses which is purely for his personal purposes.

What is the nature of treating that personal expenses in the books of accounts.

Please show me the journal entry to be passed in the books of account.

with regards,

R. Gurucharan.

A relative of MD is appointed and the Board decides 2 pay a remuneration od Rs. 45,000/-, so can the Co. pay him/ her such remuneration from the dare of his/ herappointment or it has 2 first seek shareholders' consent and den only pay it.

i want to know the procedure of calculating tds on salary and can you please explain me with the help of example
Example should include each and every aspect

actually i was solving RTP of PCC and there i saw sums like in many sums of capital budgeting they actually calculate tax on negative profits
but in JK shah classes its not this way
so either we should strictly follow RTP even its wrong or should follow our classes way.
Please help