Generally companies are providing food vouhers (Sodexho) to their employees. The coupens are said to be non transferable.
But it seems that anybody can use the vouchers.
So in this case how do we interprete the transferability of the vouchers?? Shouldn't these vouchers be taxable to FBT??

what is tratement of custom duty receivable .
whether income should be booked in p & l a/c or not?

Amt.paid for consumable debited to repair & maintenence account? Can VAT credit be taken or head is req. to be changed frm repair & main. to consumable.

Hi there,

I have one query regarding MAT calculation for software company registered with STPI. We have 100% export. We bought an office worth 70 lac & computer worth 5 lac. If we have Book profit ( before tax & depreciation) of Rs. 15 Lac. Depreciation on office is Rs 7.0 lac & 2.3 lac for computers. The net profit after depreciation comes out to be 5.7 lac. Now pls. let me know.. how MAT will be applicable? WIll it be 10% of 5.7 Lac (profit after depreciation) or 10% of 15.oc lac (Book profit before tax & depreciation)..? I am tottaly confused

Dear Sirs,
i would like to know if i paid tds challan under non company deductees including company deductees so that when i fill return can i mention them separately or not?

We have printed 700 invitation cards and vendor Raised a bill for Rs, 65000 (exclusive of taxes). in this case we have deduct the TDS as per Govt. Norms or not.

we are a manufacturing concern & we have huge balance in Excise Account ( RG 23A Part 2) & Incresing on year on year.

Is any provision in excise low to have a refund of the said balance (in full or Partial).

Requested to give me section with procedural aspect.

Dear sir,

We are paying Rs.36,000/- per annum(per month Rs.3000/-)as consultation fee. But he is not giving bill. Shall we have to pay TDS on above said amount.

Please solve my query as early as possible.

Regards.
Eswar

Hi Experts

I am a Final year student.I have started my articleship on 09/03/07.I am appearing for my C A Final in June 09.I have taken total leave from 09/03/07 till 22/01/09 is 54.I went on study leave from 23/01/09.I will not be paid any stipend for the 4 months.
My query is whether study leave taken by me will be counted in 138 days as allowed by ICAI - Old Course or not even if i am not paid any stipend during the period?Normally ICAI provides 2 months leave for exams.If i have taken more than 2 months can i adjust the excess months from 138 leaves or not?
What does ICAI rules say abt the study leave for which no stipend is paid for the period.?If my C A wants to adjust the study leave by telling me to work for extra months should i demand stipend for the period?
Thanking You

We are two partners in firm. I would like to know is it mendatory that each partner should sign 45 audit reports or either of partner can sign 90 auit reports?