The assessee, upon buying a house property gifts a small stake to his wife.
What is the consequence on sale of the property in the hands of the assessee.
What happens to the proportion of Capital gain that arises in respect of the wife's stake.

Radhe Krishna

we are providing services of housekeeping(upkeep and maintenance of railway running) for which we use the cleaning materials. Is Works contract Tax Act applicable to housekeeping services. please clarify

Can an employee stay in a company provided accommodation (and pay tax as per related perquisites valuation rules), in spite of having his own house/ flat in the same locality?

Please explain the powers of Company Law Board/Tribunal in convening the EGM - the Guidance of Judicial Rulings(i.e.- The main principles that should guide the tribunal as regards ordering meeting to be called).

Pl. explain in simple words as I am not able to understand from the book.

Thank you.

We purchases steel material from suppliers. Transportation arranges by suppliers and deliver goods to our factory. They charge freight at fixed rate per M.T as per order terms as follows :

Steel : 20 M.T x Rate 30000/- = 600000
Add : Excise 61800
Add : - CST 13236
Add: Freight charges 20000
(1000/- per M.T)
Total : 695036
My query is whether TDS should be deducted on such freight charges of Rs. 20000/-?

As per new amendment,TDS is not applicable on transporters if they provides PAN.

In this case what would be the treatment for TDS deduction as suppliers are not transporters but merely arrange transportation and charge freight in their Sale Invoice.

BE NOTED THAT THE FREIGHT AMOUNT IS CHARGED AT FIXED RATE AND IT IS NOT IN KIND OF ACTUAL REIMBURSHMENT.

Dear experts,
As per the existing minimum wages rate of Govt. of Delhi, if a new employee, a matriculate is engaged as a clerical staff, he should be paid minimum of Rs.6448/-. what would be the minimum amount of emolument for calculation of 12% as contribution towards PF?
with regards,
B.N.Bhattacharya

hello everybody

i have already registerd in caclub website but i can not answer for all query

because my status as for expert is still pending as on 1-5-2010


please help me

and i want share my knowledge for anybody


thanx in advance

rahul sharma

please following queries are given below:
1. capital employed
2. bonus or right issue shares. why not consider at the time of paid dividend.
3.what is trail balance.
4. what is difference between provision for taxation and income tax payable
and why to create "provision".

please explain as soon as possible.
thanks
rajesh

Sir

I have last given my exam for CA final in May 2005. Second Group is already cleared in Nov 2002. Now after a gap of around five years I plan to restart my preparation for First group again. I need ur help in this regard. My Queries are

- Whether the decision is viable at this stage when I am married having two daughters and aged around 32 Years?

- Whether I should shoud prepare under new syllabus or under old syllabus?

- If I opt to give exams under new syllabus whether the second group is assumed to be cleared or I have to again relclear the same under new syllabus?

- What are the strategies to be followed for preparation.

Please help as there is a considerable gap in my studies and I am a bit nervous.

We have file Form 25C with ROC which is five years back dated and was not filed till date.

Now, ROC has asked for clarification for delay in filing Forms.

CAn you suggest the sufficient reason for the same.