As per Section 383A(1) of Companies Act,company having a paid-up share capital of rupees twenty five lakhs or more is required to hv a whole time company secretary.
Does it mean the company should hv CS for full year or evn for part of the year is valid.

UNDER WHICH SECTION OF COMPANIES ACT BLANKET RESOLUTION PASSED IS INVALID?

If an asset is purchased on instalment basis,from which date depreciation should be charged?

when will BG is opened and when will LC is opened.with example

Hello
I want all the rules regarding ding manual accounting and also doing audit and vouching of manual maintained accounts?

dear all

one of our client has paid rs. 2,00,000(2 lac)to the owner of the flat as heavy deposit which is without interest & it is refundable after L&L period, . the agreemnt for leave & license is of 11 months. every month he is paying rs.800(approx)maintenance charges to the owner.

my query is will the tenant will be allowed deduction u/s.80gg of rs.800 pm?

what will be income for the owner ?

I HOPE MY QUERY IS CLEAR

Status : Individual Previous Year Ended: 31.03.2008
Assessment Year : 2008-2009
-------------------------------------------
Gross Salary - 503,551
Less: Exemption U/s 10 56,850 Less: Professional Tax 1,945 Gross Total Income 444,756

Deductions Under Chapter VIA Under Section 80C
Life Insurance Premium 103,018
Provident Fund 16,128

119,146
Restricted to 100,000
-
Total taxable income 344,756
or
344,760
Tax on Income other than STCG 52,428
Education Cess @ 3% 1,573
54,001
Tax Deducted at Source 36,805
Interest U/s.234A -688
Interest U/s.234B -1,376
Interest U/s.234C -636 2,700

Self Assessment Tax 19,896


The interest which i calculated is correct or not. if it is wrong what is the correct interst amount for the assessment year 2008-09

We are registered for 6 (six) services. At present we file separate return for each service manually.

Is it possible to file separate return if we go for e-filling ?

Please help me.

Regards
Parimal A.Patel

Why even the successful practicing CAs are not encouraging the new CAs to go in to the Practice.

Is individual practice failure these days? because one of senior CA i met few days back he told me you will not be able to exist in the market unless and untill you join any experience CA like him.
Please express your views specially practicing CA's.

If the service tax department has issued the notice under section 77 (c) for the clarification of the payment made to a contractor towards construction contract and if the party does not reply within period allowed what are the consequences.

Is there any chances of getting waiver of penalty applicable.