Dear Seniors

Our Client is having their own Approved Gratuity Trust set up.

As per their Internal proces they pay gratuity to resignees even they have not completed the 5 years of Service.

Will such gratuity will qualify for tax exemption under section 10(10)(ii) or 10(10)(iii).

Kidnly help me out so that I can advise them.

hi,

we the contractors for telecom cabling using trenchless technology. Since from 4 to 5 years, we have been raising invoice with full rate of service tax. Now we got the work order with 2% service tax. Please let us know will it be ok if we charge service tax at 2% only based on the work order we got for doing work.

i want to know the legal aspects

Thanks

hi all,

please let us know that, after the assent of the finance bill, service tax payment is on due basis like payment of sales tax and TDS and not on receipt basis.

please clarify on this?

thanks

Dear Sir,
I Have the following Queries
1) When a partnership firm has a Slump Sale on 01/4/07 with a Private Limited Company. Whether the partnership firm has to file the Income Tax Return for the F.Y. 2007-2008.No business activity is being carried on after 31/03/07.The firm has been dissolved immediately after slump sale i.e with effect from 01/04/2007

2) Whether in the above case the Partnership firm has to Surrender the PAN Card on account of Slump Sale if Yes than what is the Procedure

Regards

Ravi Kiran

Sir
In one of the companies which we have audited we have face a one problem.when we added the shere application money and paid up capital the sum of both exceeds the Authorized capital.Sir please explian me is it happens in any other companies? is there any statutory compailance for that? if it is possible please give me a supported case law.

Hi All

Pls Explain to me In Form No. 3CD Explanation of Point No. 21.

wht this point say to us.
if any body know this please also explain to me.
if possible than mail to me at catarungirdhar@gmail.com

Thanks in Advance

Mr. X has alloted TAN No. He is deducting TDS on Brockarage Commisiion paid by him once in the month of May since last two years. He paid the TDS in Central Govt. a/c in time but did not filed any Return. What will be his liabilities?

What is the TDS rate on Brokerage on shares, Brokerage on Mutual Fund, Interest on FD ?

CASE
one company doing transpot business on contract basis, When they got contract for sending goods it make sub-contract against contract for sending goods to destiy with lorry owner and for which it become mentetory for him to make payment in Cash to driver for petrol and fro other expenses and after wards they have no contact with party and further he got lorry which is available at the time of sending the goods which is chipest.

Here many time the payment made to driver exceed 20000

whether it is disallowe U/S 40A(3)?
Whether it cover under exception under rule 6DD as tradition of the business?

whether company can revise the life of same category assets, say computers propsectively, without revising the life of old computers ?