Dear Sir,

We are a software company. our staff use to travel abroad as per our client's requirements. Subsequently they make the reimbursement of travel exp actually authorised by them.

So at the end of the year we have only few foreign travel exp left in this ledger as most of them are being reimbursed & hence foreign travel exp in our PL is shown as net figure.

Can u clarify, while calculating FBT whether we should take the gross or net foreign travel expenses ?

Thanks & Regards

Subhash Kumar Jha

Hello members,


Can a company - manufacturing avail credit on audit fees and security chargeds


Thanx in advance
Tejashwini

Whether the amount deposited under Mutual Fund SIP (Systematic Investment Plan)are covered under Sec 80C.

HI,

Can the subsidiary company invest in the shares of its holding company? is it possible?
In this case the holding company holds 90% of shareholdinds in Subsidiary company. Is the above transaction valid under the Companies Act, Please guide

pls. tell whether there is any Vat on rent of Machinery. IF Yes what is the %.

Sir,

Ours is a mfg co. and we have requested our GTAs for not to charge service tax in their bills because the liability of service tax pmt to govt lies on us but still some of aour GTAs are charging Service Tax in their bills.
My question is that can we simply avail cenvat credit of service tax charged in bills? if not then what should we do?

Hi,

Whats the treatment of Companys Contribution to PM's Bihar relief fund?

Is it allowed as a deduction or disallowed like other Donations

Regards

Ramya

Sir, I wants to know minimum excise records which are to be maintained for who is paying excise duty 1 core (CENVAT + PLA). RG 23 A Part I and II is required to maintained? Is it mandatory. If possible pl give a reply with ref. means notification no., circular, it will helpful to convince to local authority.
Thanx

A private limited co. wants to issue shares to its existing share holders on right basis. It has no power in the articles. What should be the procedure for issue of shares on right basis in a pvt ltd co.? Please rply

What rate of TDS will be charge on bus hire charges of rs.7000/-.