RADHAKRISHNAN
04 October 2008 at 11:20

service tax tariff

sir

One of my friend doing gardinning(maintain and new development) work at individual houses, appartments & corporates, it is under service tax, if it is under service tax pls tell the tariff.

by
radhakrishnan


Satish Rajan
04 October 2008 at 10:36

Quorum - Section 174

As per sec 174 of the Companies Act, 1956; a public ltd co shall have 5 members personally present at any EGM/AGM in order to form the Quorum.

Is if 1 person represents all other members will it be sufficient compliance for the purpose of Quorum? (As per my understanding, min of 5 persons should attend the meeting, irrespective they are representing someother members or not.)

If 5 members appoint 5 proxies who only attend the meeting, is it a valid meeting?

If it is a valid meeting with regards to the previous point,and 1 proxy leaves the meeting hall after attending half the session, is it a valid meeting?

Regards,

Satish Rajan,
9886810481.


Astha Mehra
04 October 2008 at 08:57

MOA & AOA of Companies

Please can anyone provide me with drafts/copies of MOA & AOA of company which is either into the following object or in related areas.
object
"strategy, management consulting and corporate advisory services in the areas of investments, finance, mergers & acquisitions and related activities"
Thanks & regards.


Khushbu
04 October 2008 at 01:12

Income Tax

what all expenses a person can claim if he is engaged in teaching profession at a coaching center.


Ganesh Shetty
03 October 2008 at 23:42

entry for unaccrued income

i am working in advertisement co we got a contract of billboard display and got the chq (50% of contractual amt) i passed the following entry as i am preparing MIS REPORT every month please let me know whethe following entry is correct or incorrect

dr debtor a/c
cr unaccrued income

when i got 50% of amt the following entry i passed

Dr Bank A/c
cr Debtors a/c

every month i am passing the following entry

dr. unaccrued income
cr. rent received bill boad


NARESH SINGHAL
03 October 2008 at 23:20

Notification No. 25/2007 – Service Tax

Dear Sir,

In ref. to above I would like to know if the definition of "port" would also include "airport".
I have recently concluded a works contract for L&T at delhi airport & have not charged service tax vide above notification. please advice.

best regards,

Naresh Singhal


vasanti natu
03 October 2008 at 21:57

Short Term Capital Gain

Case : Individual want to sale out commercial shop purchased in last year means holding period less than year.

It will attract short term capital gain tax at Progressive rate applicable ?

Can't we reduce libility.?


one
03 October 2008 at 20:54

Exempted Income

Any one can suggest me (details or list ) of expemted incomes, which will directly deducted from gross total income.


N.BALA RANGANATH
03 October 2008 at 20:34

SERVICE TAX

PLEASE CLARIFY MY FRIEND DOUBT
I purchased a new car and got it registered on my wife name.

My wife is working as LIC agent from 1year and her income is around Rs.40, 000/- per year.

I want the car to give it on lease to my company (where I work).

My doubts

1) Giving car on lease - does this attracts service tax?
2) Is there any thing like PAN number for Service Tax filing? If yes, what is the process to get that number?
3) Is there any basic limit below to which, no service tax need to be paid?
4) Assuming the car lease is Rs.12, 000/- per month, the income is Rs.1, 44,000/- per year.
Does she need to pay any service tax to government?
5) is it sufficient if my wife files IT returns showing the income as LIC agent + car lease? (without any service tax payment)


Thanks in Advance


Avni Bangard

X, a CA in practice is a statutory auditor of MNO Ltd. he purchased a car from the company under a hire purchase scheme run by the company on the same terms and conditions as applicable to all other customers. the cash down price of the car is Rs.80000.00. the initial payment of 25% was made on signing the hire purchase agreement and the balance is payable in monthly instalments of Rs.750.00 each. comment whether or not the auditor has become indebted and is thus disqualified to act as auditor.






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