A Co. wants to close its business from delhi and start its bisiness in mumbai( i.e change in place o business of Co.) how can a Co utilise its cenvat credit which it has carried forward( i.e which is unutilised) in the last return i.e 01-10-2007 to 31-03-2008.

Thanks

Shweta

A member of Pvt. Ltd. co. wants to transfer his share to another person who is relative that person, so at what price he could transfer his shares for the purpose of capital gain as

a person forget to deduct TDS on capital expenditure. how it will affect him.

Sir,
we have entered in to a contract with forign firm to introduce new technolozy in our company. terms are as follows:
-- to supply new mechinary for introduction of new technolozy, along with supply of operational designs and reports.

-- to train company staff to operate that new technolozy mechine,

-- to supply spares required for a period of 5 years,

-- to arrange technical staff for supervision of operations for a period of 5 years.

Now kindly clarify whether there is any Intangible Asset to be recognized in this transaction as per AS-26.

Many subsidiary companies located in India close their books on monthly basis and report to parent company located outside India.


In this regard, please let me know how do they handle issues like, gratuity(based on actuarial valuation done by third party),auditors fees ,Foreign exchange loss on fixed assets,income tax provision etc, which are known only at the end of the year in their monthly accounts.


Thanks

Whether TDS on Contractors should be deducted while making payments for stationery purchases, although there is no formal contract between the company and the vendor, if one single payment to such vendor exceeds Rs. 20,000?

when market price of shares is very high or just double to its face value then weather we should invest or not & why?

Can any one told me about the rate of Depreciation on Fixed assets under the compnay law for company audit

WHAT IS IFRS AND WHO IS ELIGIBLE TO JOIN IFRS WHAT IS CARRIER IN IT.

I am getting conveyance from CA FIRM as I am pursuing articleship and use to go on audit to and fro. so anyone will tell me that is that coveyance amt is liable for FBT in firm's hand.

If yes, Then

one more question arise that,is this employer employee relationship for charging FBT?