our company has appointed trainers under a Trainer contract agreement in the field who done product training and business opportunity meetings in various part of countries. and for this company pay trainers per meeting fee. their Hotel Booking, travelling expenses,ticket booking is done by company.
Let following exp incurred in a year
1)Trainer Fee :- 250000
2)Hotel Booking:- 200000 ( total of expenses for booking in various hotels i.e. not single hotel)
3) other expenses relating to meeting(ticket book,traveling exp,misc exp):- 150000

please tell on which amount tds to deduct and if it not liable to tds then reason for the same.

a company is considering an investment proposal , involving an initial cash outlay of rs 45 lakh . the proposal has an expected life of 7 years and zero salvage value . at a required rate of return of 12% , the proposal has a profitability index of 1.182 , calculate the annual cash inflows

Dear Sir,
I have filed a return for Asst.Year10-11 in which capital gain arised but all gain has been invested in Capital Gain Account.So I have not mentioned the capital gain amount in return. Now on withdrawal of capital gain Form G required tobe signed by ITO. So will ITO create query for non disclosure of capital gain in return. However interest on that gain and bond have been disclosed and tax pai thereon already. Please let me know the conclusion.
Regards,
Anil Thakar.
Accountant.

Hi Experts,

My Client is into manufacturing Activity and has obtained Central Excise Registration. Now due to lack of space for storing and selling the finished goods he wants to acquire additional place (Only for Storing and Selling)in the same locality.

Kindly advice whether separate registration under Central Excise Act has to be obtained or not.

In Case if he has to obtain separate registration what are the formalaties.

what is requirement for issuing the debenture for raising the fund from public by pvt. company under SEBI, COMPANY ACT, RBI, & ANY OTHER LAW.

PLEASE TELL ME THE FULL PRACTICLE PROCEDURE WITH APPLICABLE SECTION & ALSO PLEASE ATTACHED THE REQUIRED FILE

THANKS & REGARDS
SANTOSH

Dear Friends,

I need a considered view of the members on the following query.

A Pvt Ltd company incorprated in 2002 status as per MCA site is dormant.
the company has four directors none of them had filed DIN/DIn3 as such on MCA site directors are not showing.
The directors wants to revive the company and that is possible by filing DIN3
But one of the director is not cooperating and not giving any documents for getting DIn and filing DIN 3. the director's name is already coming on MOA & annual returns filed till 2003-04.

My queies are:

1. What is the procedure for normalising a dormant company
2. What is the option available with the company if one of the director is not willing to get DIN and file DIN 3.
3. Can the company file DIN 3 for three directors and inform the ROC for non cooperation by the other director. Afterall getting DIN is the individual liability of every director.

Thanks & Regards

P.C. joshi

What is deffered Expenses ?? What are its implications in accounts ??

HI,

I need the exact accounting treatment of the following case in respect of forex rate difference:

An asset was purchased for 1000 USD on 10/5/2010 (rate of excahnge 1 USD = rs 45 as per bill of entry).

case I: when paymen is made to the party on 1/1/2011 the rate of USD was INR 48.00

case II: when paymen is made to the party on 1/1/2011 the rate of USD was INR 43.00

case III: when paymen is made to the party in the next financila year i.e.15/4/2011 the rate of USD was INR 43.00

Proprietorship
In Tax Audit Annexure I - Taxes on Income paid/provided for in the books - Should i reflect advance tax as per books or as per Form 26AS which i have claim in my Tax return.

dear sir/madam

pls let me knw in which clause natural honey produts is included in moa clause. pls provide me with that clause


plsplss its urgent rly me....

thanks

regards

tanveer ahuja