Hi,
I want to know that how much tax will be levied on my PF amount if I decide to withdraw it before 5 continuous years of service.
Let's say I have Rs. 20,000 in my PF account.
A Holding company has around 5 subsidaries and all the administrative exp of subsidiares is being borne by Holding company. Now holding company wish to allocate the administrative exp incurred in some ratio basis to subsidaries. Is it allowed under income tax. if yes, any kind of documentation proof we need to establish.
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Dear All
Kindly suggest me. The our company hired a contractor for supply of manpower in our factory in 2006 and the Contractor did made the bill without charging service tax from us. From 2008, we are not associated with him. the Service tax deptt. make the demand from him for service tax. and in return he make demand from us through legal notice. Kindly suggest us that we are held liable to pay the same amount or not with clarifications.
Best Regards.
Arvind Sharma
as per new income rule we have file 15ca online and 15ca for ca ceritifacation for remittace out of india .
can any help to understand if i file 15ca online what is vail peirod for remittance after submitting 15ca one line or if am not able to remit what should be process to cancel that 15ca.
A partnership firm is converted into pvt co. under part ix of the companies act. can the firm still continue its business even after such conversion. Or should it stops it activities in the firm from the date of incorporation.
The DTAA gives taxability reliefs under various instances of income. But I wanted a little elaborationon the same.
Say I have Interest income & professional service fees eraned in the UK. For the Fiscal year I am resident in India. What shall be the taxability impact of these income in the two countries.
Case is :
There is salaried person, who has spent Rs. 15000 on getting his car repaired.
After wards he gets Rs. 5000, from insurance company.
On this my query is :
1. whether Rs. 5000, is taxable or not?
2. ehich section would be applicable??
Thanks in advance....
Sir, can you please help me to solve the given problems?
1.a factory where standard costing is followed, 4600kg of materials at rs.10.5/kg were actually consumed resulting in a price variance of rs.4800(A) and usage variance of rs.4000(F). the standard cost of actual production is_____(100,000;96000;120000)ans given is 100,000.
2.capacity usage ratio of a production dept is 90% activity ratio is 99% what is the efficiency ratio?(120, 110, 90)ans=110 how sir?
3.output of 3 different products are 20000kg, 15000kg, 15000kg.costs are in proportion of 4:6:7.cost per equivalent unit is?(10, 7, 5)ans=5 please help me Sir.
how to work out value of closing finished stock at the time of finalisation.PRACTICALLY we know mkt price but how to compute cost price whn diffrent raw material is using to produce product & this different raw material having diffrent quantity units i.e some in kgs ,mt,liters for same product.
thanx
m a ca final stud, got thru wid pcc in frst attempt and a graduate frm delhi university b.com(h) working in a small ca firm wid almost zero exposure
its equivalent to takin dummy training, m really confused wat 2 do left wid 1yr training..........
as we r nt allowed 2 take transfer my situation is even worse
m afraid dat even after qualifying as a c.a. my glorious past of 3.5 yr of so called training wid zero exposure will nt allow me 2 get any job....
i really dont know wat 2 do? i need a job as soon as i qualify my parents r really lukin frward fr me 2 earn..........
plz guide me.......
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
How much tax will be levied on PF