Foreign Company has a subsidiary indian non banking financial company. Parent Company has advanced some money to indian subsidiary for 6 months. Now indian subsidiary wants to repatriate this advance money. What are the formalities to be fulfilled?

A prop. is dyeing sarees on contract basis and gets payment after deduction of TDS. While filing return he has shown 8% of receivables as net profit. Whether his case can fall in scrutiny and whether he is liable to maintain/produce books?

Hello Expert,
Th organisation pays Rs 650/month as Leave travel allowance to the employee and is included for calculation of tax for salary income.
What is the maximum LTA exemption to be availed by the employee from income tax?
Can the employer allow the exemption and reduce from TDS.
Will it be included in Form 16 issued by employer in this case?
Thanks

A company has taken over a partnership firm which has deferred tax asset in its closing Balance Sheet.Can the same deferred tax asset be shown by the company in its Balance Sheet and be included in computation of profit & loss of the company????

Can Indian NBFC having 100% foreign investment repatriate advance to foreign company

Can anyone provide me the calculations under payment of bonus act?like Prior charges/Available surplus/Allocable surplus/Bonus payble.
It will be better if it is in an excel sheet

RULES WITH REGARD TO KYC AND FIRC

Who has to obtain the KYC?

When the bank will provide FIRC?

Dear Sir,
Ours is a software developing MNC Co. also performing AMC's,and submitting VAT-120, composition of Tax, do we need to file Form 240 within 31st December ( Auditied Statement of Accounts U/s 31(4).
Turnover includes service payments, software development every thing around 300 lakhs.

Please guide me in this matter.

Regards,
AMAR.

One of my relative have been offered a job in the Company for a period of 6 months as a "Trainee". During this period, he will work for the Company on their differrent projects, but, neither he will be paid for it nor he will pay anything to the Company for seeking training.

How Company will treat in their record ? An employee/trainee/consultant ? Without mking any payment or receiving any amount, how HR will issue necessary letters before and after the training gets over ?