Akalesh S Rawat
19 January 2009 at 16:46

Secured or Unsecured Loan

Requested you please guide me on below mentioned query.

If a Ltd. company has some loan from bank which is secure by the director property (as a guarantor of the said loan) will be classified as secure loan or it will be treated as unsecured loan for company to show the figure in Balance sheet. Please put your suggestion keeping in mind Company act requirement

Regards,
CA Akalesh S Rawat


Rakesh Pandya
19 January 2009 at 16:12

Income From Salary

Dear all Members If One Person's Salary is 20000 Monthly But Every Month He is Getting 15000 Lumpsum Amount in hand after the Deduction of Salary for those Days on which he is Absent. So For Tax Teatment and Return Filing Which Salay Will be Considered as Rs. 20000/- or Rs. 15000. This is The Deduction of Salary for those Days on Which he is Absent.
Thanks in Advance
Pls Let me Know as soon as Possible


Bhaskara Rao

Dear Sir ,ours organisation is Society , we are started service Of Manangement Consultants, Bussinee auxilary serices,fROM april'08, but not registered with service tax upto now, we collecting service tax from our customer, Our Turnover is exeeds Rs.1000000 in May 2008, now we want to registerd with service tax and pay total dues and interest, is it possible from starting on owards, whether collection of service tax from customers from starting onwards is proper or not, if proper under what section or notification , Kindly responed to my query

Thanks and regards
bhaskar


k suresh babu
19 January 2009 at 16:06

fob and cif

what is mean by fob full details and cif details fob value how much percentage of cif rate . please give me the full details fob , cif value cif insurance, charges. we are a service providers


ajay kamble
19 January 2009 at 16:06

Maintainance of Record

Please send me details regarding Which register to be maintained by pvt. ltd. co. ie. minutes book , etc

please do the need ful


k suresh babu
19 January 2009 at 16:03

section 37

what is the section 37 exemption for corporate companies. how much limit in section 37. please give me the full details of section 37 of income tax act for comapnies


Vidya
19 January 2009 at 14:29

Service Tax on Service Commission

Dear Sir,
I am working in a trading co recently established in India. So far we have not started our business in India. At present we are providing services (getting orders, co-ordinating with customers etc in India) to our Holding Co in Singapore and charging service commission on the same. Do we require to register under Service Tax? when? Is there any time limit before which we have to register for eg if we have raised D/N in the month of Dec 08 then we have to get registered within 30 days? If yes do we have to raise D/N including Service Tax?
Kindly reply


Megha Gupta
19 January 2009 at 14:24

Notice by Interested Directors

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?


Megha Gupta
19 January 2009 at 14:21

Notice by Interested Directors

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?


HARINDER


Hi can anyone help me out..


Mr X a citizen of India, was employed in UK and 'visited'for 2 months for not employment purpose but for personal purpose.

Later in the FY, he was deployed in India
for 6- 7 weeks as a part of employment.


Please can you help me whether he will be covered under the explanation 6(1)of the Indian Income Tax Act `1961


If we count the no of days in India for personal visits then he will be resident if Explantion 6(1) of the Act






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