vandana
22 September 2008 at 19:23

labour payment by a civil contractor

Is there any stipulation by the CPWD or the PWD regarding the perecntage of turnover that can be paid as labour charges?
I was told that the maximum that a civil contractor can pay is 15% of the turnover, but couldn't find anything of this sort on the internet.


Kannan

Dear Sir,

I am using Tally9 Multi user accounting package, When preparing accounting reports from Trial Balance, I tried to design a excel sheet that will fetch data from text file generated from tally9 in text format having

Head of account Dr amount Cr Amount

I am using powertools addin to remove n leading character to remove (-) symbol infront of debit balances.

When other users create a ledger accounts at their own, I can't resist them to create that but my excel template created by fails to show whether that head of account is matches with correct ledger account with respective ledger amount. Whenever I use Tools -> Get External data will update the accounting reports, shows some error.

I came to know that lookup, match will be helpful but I dont know how to use it

Kindly help me


Kannan.N


pawan
22 September 2008 at 18:31

FBT on Free Items

a retailer having schemes for consumers like buy product worth Rs.1000 and get free steel tiffin like wise. all free items are given on purchase of specific amount and slab wise. whether FBT will attract under Sales promotion or Gift


laxmi
22 September 2008 at 18:22

Industrial Training

I have cleared CA final in May, 2008. My articleship ends in April, 2009 i.e I have about 7 months of articleship left. My principal has now informed me that i have about 82 days of excess leave. Taking this into account i still have about 10 months to go. Can i opt for industrial training now?

If yes, how do i go about with the procedures?


Sarvesh Mani Tiwari,CFA(ICFAI)
22 September 2008 at 17:42

FBT on Banners etc

Is FBT Applicable AY 2008-09 on Free distribution printed logo of co in Banner,hoarding,T-shirts,cap,wrist watch,Hanging Banner,trolly etc to promote co beverage product.


Tima

sirs

when a house property is let out for part of the year and self occupied for part of the year then it is treated as if it is a let out property. And in determining annual value we consider muncipal value and fair rent for the whole year. should we take actual rent for only let out period or whole year?
ex: fair rent for whole year 20000. muncipal value whole year 22000. actual rent 2000 per month and let out only for 6 months as the remaining 6 months it was self occupied. in calculation of gross annual value should we consider actual rent as 24000 or 12000?

thanks
tima


Tima
22 September 2008 at 17:34

house property sec 25A and sec 25AA

sirs

is there a difference between sec 25A and sec 25AA or both mean the same?


thank you
tima


Tima
22 September 2008 at 17:32

unrealized rent - house property

sirs,
while calculating income from house property,in the process of finding gross annual value we deduct unrealised rent from actual rent. Can unrealized rent of "any year" be deducted in computation of gross annual value of the previous year or only unrealised rent of previous year alone is allowed as deduction?
ex: in calculation of gross annual value for previour year 2007-08 we deduct unrealised rent of the year 2007-08. if there is unrealised rent of year 2005-06 then do we have to consider that or no?

thank you
tima


shaikh irshad
22 September 2008 at 17:26

deduction u/s80p


there is a credit co-op society, its main object is to accept deposits and giving loans to its members. whether or not it can claim deduction u/s 80p.
please quote some reference if possible.


Rohit Jain
22 September 2008 at 17:21

TDS on consolited bill of CHA

Total amount of Bill of CHA- Rs. 100
out of which
Rs. 60 is related to transporter for which separate bil is attatched
Rs. 40 related to his CHA services

on What amount, TDS U/S 194C will be deducted-
Rs. 100 Or
Rs. 40






CCI Pro



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