As per new rules er2 form has to be filed all eou units within 10 of every month, as few doubts in filling the form, our company has not done single import till date so the question of filling import column does not arise, what other details needs to be given could anyone pls let me know.

Dear Sir,

Whether Cash Payment in excess of Rs. 20,000 towards advance for expenses paid to one of the facility department member in a company will be allowed U/s 40 a (3)? the employee will settle all the bills by the end of the month against advance. The company will post the entry as advance.

Whether Sec 40 a (3) applicable for only for expenses or even applicable for advances?

If ok then

If the person used that amount for expenses for. eg. purchase of diesel in a single petrol pump for less than 2000/- but more than 20000/- multiple bills in a single day will be allowed?

A (Gujarat) is amalgamating in B (Chennai) A does not have any property in Gujarat. What would b stamp duty implications?

What are the provisions under which a company becomes subsidary of other company .

What are the Income tax provisions regarding Filing of Income tax return for that finanacial year . Is profit /loss has any impact on accounts of Holding company .

I am calculating salary for the month of October since april I have not deducted TDS any of my employee. One of my employees annual taxable salary would be 4,59,000.00 before taking benefit of investment of 1 lac and he assured me that he will invest the same before march. Please let me know when is our liability arise for deduction of TDS on salary & should I consider the investment while he has not invested anything till date.

dear sir

Here is one contractor who is working our companies civil work.in which rate i will deduct tds

thank you with regards

N.RAMESH

One of My MNC Client has asked me to file Form ST-1 Online ( Modification in Address),
I had searched all the websites but couldn't find anywhere.
Only ST-3 Can be E-Filled. Plz help me out.


Suchit Seth
Charetered Accountant

Dear Ram according to you Total Freifgt of month less 75% discount balance 25% freight should be calculated for service tax @ 12.36% Now please tell me which section it has been written in Service Tax Act

We have fmcg co. We purchased a truck on 1.4.2008 and use for own co. for delivery of FMCG goods to our distributor or retailer. We collect delivary charges or distribution cost by raised excise invoice for this delivery. So, What will be the rate of depreciation for truck as per IT for delivery own goods to distributor & collect delivery charges.Delivery charges or distribution cost shown seperately in excise invoice at time of delivery.

We have fmcg co. We purchased a truck on 1.4.2008 and use for own co. for delivery of FMCG goods to our distributor or retailer. We collect delivary charges or distribution cost by raised excise invoice for this delivery. So, What will be the rate of depreciation for truck as per IT for delivery own goods to distributor & collect delivery charges.Delivery charges or distribution cost shown seperately in excise invoice at time of delivery.