There was apparent mistake from in a order passed by commissioner appeals, central excise dept. I applied for rectification of order but i was told that there is no provision in law wherein rectification is allowed for commissioner appeals in central excise. Please suggest.
Hii I am working in mfg company I am hiring manpower on pieces rate system. this service comes under Reverse Charge Mechanism. pls provide notification.
Dear Experts,
Namaste!
I have a small query regarding a tax planning.
Here is the situation, “A Holding Company say M/s H Plc., registered in Europe has a subsidiary company in India say M/s S Ltd. registered in India , M/s H Plc. has agreement with employees of M/s S Ltd., that if the holding company will be sell out in future then some consideration / incentives will be given to the employees of M/s S Ltd.
Now, the Holding Company been sold/ amalgamated and all the conditions been fulfilled hence part of gross receipt has distributed to the employees of the Indian subsidiary company. The proceeds received directly from Europe in the employee account in Indian Rupees.
Now my questions are:
1. Whether M/s S Ltd., the Indian Subsidiary company is required to account for in its books for the transaction?
2. If yes then what will be treatment in the books of M/s S Ltd.
3. Whether it can be shown as ESOP/perquisites or to be shown as incentives as part of salary.
4. What remedy/tax planning available with the recipient employees of the Indian company? for the sum received from M/s H Plc.
5. Whether the employee can treat the sum as capital receipt/capital gain, accordingly he/she can save tax by investment u/s 54 of Income Tax Act,1961.
Respected Sir
Wife had received compensation from General Insurance Company on road accidental death of her husband to the tune of Rs 350000. Whether this all sum of Rs. 350000 is taxable in the hands of wife? Is there any exemption for this receipt? Whether this is capital receipt ?
I am CA Final student,and pursuing second year of article ship.
My Query is that, is it possible that i will start my industrial training at 1-Oct-2014 & end up at 30-June-2015 (9 month)?
my CA final exam is in month of Nov-2015
Dear Sir,
I m join in IPCC articles 28.10.2013 under direct entry scheme. Due to some personal problems i want to termination my articles in 28.10.2014.
i will attempt my exams (Group 1) in November14
After termination of articles i will be eligible to attempt exams IPCC (Group1 and Group2)?
Thanks & Regards
Uma sankar
CA IPCC Student
how to book 'loss of pay' which is deducted from salary?
is it an expense and debited to p&l or it has anything relating to current asset?
pls show the entry...
Dear Friends,
I have a query relating to Tax Audit report upload to Authority.
As new fomate of 3CD applicable from 25th July 2014.
But my query is WHEN I add my client in His e-filing ID then there form name mention 3AC 3AB 3AD so i confused about the name of Tax audit report..can please any one explain??
Thanks in advance for reply.
Sumit
A Pvt Ltd Company having 2 Director and 2 member. They want to convene baord meeting for passing resolution for a contract in which one director is interested. As per companies act 2013, interested director cannot cannot participate in the discussion and for forming a quorum atleast 2 director is required. Then how will the resolution be passed?
If the 1 director and 1 member out of 2 is interesed in the contract then also how will the resolution be passed as per companies act 2013?
Hi I want to prepare ROC annual filing papers, after the introduction of new companies act 2013 is there any change in annual filing papers format? Please provide me with a sample copy of annual filinf papers
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Rectification of order by commissioner appeals