Santosh Mishra

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.


Basavaraj Baseganni
17 May 2008 at 09:58

service tax at 2%

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


Basavaraj Baseganni

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


Ravi Kiran
17 May 2008 at 07:08

Filling of Return

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


Sushant Lohani

completing 3 yrs of articleship.


Nagendra Kumar
16 May 2008 at 20:06

Share Capital

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.



Tarun (CA Final)

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


CA ANIL D. SARAF
16 May 2008 at 19:21

TDS Return not Filed

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?


nike
16 May 2008 at 19:03

TDS rate for F.Y. 2008-09

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