A absent from service for four months, didn't receive salary and wants to continue his PF. He request the employer to contribute his PF and A gives cheque to employer for the amount of employer and employes contribution.

Can employer do so?

if yes how can fe file return of PF (i.e in the salary column nil salary and pf contribution is there.)

What is the method to calculate output vat on a contract in which material used includes both 4% and 12.5% materials and How much labour is to be calculated. Further VAT deducted at source will be from the total contract amount or from the amount after deduction labour. The contract is in respect of a building.The conractor and contractee both are in punjab.
Please guide me what and how to do.
Thanx

Hi all,

In a case,where a contractual agreement is made for interiors of an office space and the vendor charges VAT on 80% of the contract value(that being the charges for material)and also charges service tax on the entire contract value.

On which portion is the TDS charged? whether on the entire contract value or the balance 20%?

If on the 20 % only,then why does the vendor charge ST on the whole contracted value?

Kindly explain with circular/rule

WHETHER MATURITY PROCEEDS FROM INVESTMENTS IN NATIONAL SAVINGS CERTIFICATE TAXABLE?

hi

my c.a final attempt is in nov 2010.ryt nw m preparing for my b.com final exams which are in april 2009.from apr09-nov 010 m free nd want to join some course wid c.a,m really v confused abt mba nd c.s nd need ur help.since mba has value only if done from some gud b-school like IIM's,

if i think of giving CAT exam in 2011 then i wud hav to take coaching for around 1 yr after dng c.a which will take long time as further mba vl take 2 yrs.so should i do c.s nd giv c.s inter xam dis dec?

In the given example what would be the GAV?
Municipal Valuation Rs 70000/-
Fair Rent Rs 75000/-
Standard Rent Rs 60000/-
Actual Rent Rs 8000/-
Property Vacant(in months) 10
Vacancy Rent Rs 40000/-

2. What is the taxable Income from House Property for the A.Y 2008-09 & A.Y 2009-10?
Case A Case B
Municipal Valuation 380000 340000
Fair Rent 370000 390000
Standard Rent 340000 340000
Actual Rent 432000 350000
Unrealised Rent of
P.Y 2008-09
(Allowable as per Rule 4) 60000 60000
Municipal taxes paid 76000 76000
Interest on Loan due 72000 72000
Unrealised Rent recovered
in P.Y 2008-09 56000 56000

Plz. answer the following:-
Is payment of a LIC Premium for an amt.more than Rs.20,000/- in cash is exempted u/s 40A(3)?

I want to know is it possible that VAT and service tax is applicable on same thing. i.e. service tax is charged at the same time and VAT is also applicable

what is the criteria for deciding whether a company is NBFC or not and whether a company can be a Investment company as well as Loan company as per the NBFC prudential norm issued by RBI?

I have passed CA Final in May 08. During my articleship(Sep'05 - Sep'08), I had pursued M.Com through distance education. I passed M.Com in July 2007. I did not take permission from Institute by submitting Form No.112 for studying M.Com.
Whether I should submit it now along with condonation fee? Please clarify keeping in view the latest announcement regarding Form.112