Respected sir,

We have purchased materials from a party who itself is providing the transportation facilty. Invoices for the material purchased and transportation of goods are received seperatly.

So my question is that whether we have to deduct tds while making payment of transport? and if yes at what rate?

What if we have taken PAN of the same party?

Thanking you in advance..

i want to ask that if a company want to issue new shares to persons other than existing share holders whether company is required approval of existing share holders as per new companies act 2013

hello Sir,
I don't know whether it is right to ask a query about b.com(H)on this webpage or not,
but still I need expert advice.
last year I get my admission in b.com(H) from SOL DU along with this I was pursuing CA-IPCC.
But due to elections there was a clash in B.com(H) and IPCC exams, so I decided to go for IPCC.
this year I m confused, whether I have get a new admission in b.com(h) or my earlier admission will be renewed.
please suggest

Thank You.

A company was charging depreciation on wdv method of income tax in books from year of incorporation. this year it has changed the method of depreciation to straight line method of companies act with retrospective effect. as a result depreciation saved(cr) has been charged to profit and loss account.

My query is (i) whether the deferred tax will be calculated considering differences of depreciation of all the years or difference of current year only.

(ii) whether deferred tax also be calculated on depreciation saved and added back to profit and loss account.

pls reply urgently.

In case of Private limited company having paid up capital not more that 10 lacs and no borrowing , Auditor to be appointed for a period of 5 years and whether his remuneraion to be fixed at AGM or give authority to Board of Directors for deciding remuneraion ?

As per the recent circular the due date for filing Tax Audit Report has been extended from September to November 2014.
Whether the filing of Income Tax Returns has also been extended to November ? OR we've to file Income Tax Return before 30th September and Tax Audit Report can be filed in November?

I want to know what is the consequences if the chairman of audit committee is absent in Annual General Meeting ??

Is the AGM is adjourned or shall be Valid ?

Hi sir good evening, actually I already took termination with in 1 year of my articles. And now i wanna take another termination after 1 year of my articles due to transfer of my parents on business purpose. warangal to kurnool and it is around 400km from my office. may i produce rent agreement to institute.. and what is the procedure... please tell me sir...


thanking you sir..

I HAVE SEEN VARIOUS ARTICLE AND COMMENT ON THIS SITE IN COLOURFUL WAY...HOW TO DO SO

Hi,

There is a clause in a Supplier's Manufacturing Contract as below

"In any case liability of Supplier as indicated in this clause, and clause for Warranty and for this GPA, shall not exceed Rs. 1.5 Million (Rupees One and Half Million only) per calendar year."

The supplier wants this clause to be edited for ensuring that there is no carry forward of liability. As in, if on 1.4.2014 the liability was Rs. 1 Million, then for the balance period it should be only Rs. 0.5 Million. Similarly, if there is no liability for current year, then there should be no carry forward of un-used liability and the maximum liability next year should be Rs. 1.5 Million only and not Rs. 3.0 Million (1.5Million of last year and 1.5Million of current year).

Please advice.