Hi All Gurus

Our Company declared dividend of 8% for the year 1997-98, but the payment of the same was stayed by the High Court on the complaint of Financial Institutions.

We got the stay vacated in 2006 and made the payment of dividend to shareholders.

Now our Auditor is saying that the Dividend Amount should have been transfered to Investor Protection Fund within 7 years from the date of declaration.

As per my understanding the period of 7 years will be counted from the date of vacation of stay order of the High Court and not from the declaration of Dividend.

Please give replies.

Thanks

Samar

What is meant by BAB updation?

Dear Sir/ Madam,

I am doing my B.Com 2nd year, i want to know the process of CA from degree. so let me know the process.

Pavan kumar
Rajahmundry.

IS GRATUITY RECEIVED DURING THE SERVICE IS FULLY TAXABLE.....


CAN ANY ONE PLS TELL ME HOW TO CALCULATE THE GRATUITY

IS THERE IS ANY SPECIFIC FORMAT FOR CALCULATION

There are 4 Members in my family. Myself, My Father, My Mother & My Father as HUF.

I have PPF A/c in one bank only. no other members have PPF a/c in any other bank.

But we together ie my father, mother, My father as HUF and myself contribute Rs.10000/- each and deposit the amount in 1 PPF a/c by issuing cheque for the same from their respective bank a/c's.

My query is :
If all four family member's income is above the exemption limit, can the claim their respective amount of Rs. 10000/- as deduction U/S 80C while filing their IT return.

Note : Their is only 1 PPF A/c and Total amount deposited iS 10000 x 4 = 40000/-

i have decided to join sidbi in this campus as asst mgr and the will be into credit analysis of the industries. can anybody whether my career prospects will be good ????is it right decision to join a dvt bank???

DEAR ALL

IS ONE LIABLE TO COMPULSORY MAINTENANCE OF BOA IN THE FOLLOWING CIRCUMSTANCES

1) MR. X PROPRIETOR NET PROFIT IN PREVIOUS YEAR IS RS. 175000/-

2) MR. Y PROPRIETOR HAS TURNOVER OF RS. 1500000/- BUT NP OF RS. 145000/-

Respected Sir,

If you have ITR-IV for A.Y. 2009-10 in Excel Format please give it to me.

My e-mail id is : ab_niranjani@yahoo.com

Regards
Ashish

if a company has failed to pay the tds amount deducted in time, say for jan and feb they have deducted but paid to central government along with the march month tds, in this case will those jan and feb amounts are to disallowed or not?

Hey i wanted to ask that if i have procured imported good on which i have taken cenvat credit, so at the time of export if i ask for the duty drawback wouldn't that be double benefit.


pls elaborate the duty drawback procedure.