Anonymous
09 December 2009 at 12:36

addl duty

Dear experts

Taking of Addl duty(4%)of imported goods either direct import(from bill of entry) or from importer(trader's invoice) is eligibale?.If yes, How can we treat in cenvat register and ER1?

Request you to give guideline?


Thanks

Sandeep

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S P David
09 December 2009 at 10:01

Meal coupons- limit per day

Due to abolition of FBT, now the food coupons will be categorized as perquisites in the hands of employee if as per rule 3 value of meal exceed Rs.50 per meal.
Any one can suggest a maximum reasonable limit of food coupons we can give to employees per month as per rule? I am asking because I got an information from Accore serivces Website as follows,

"If you opt for Ticket Restaurant® Meal Vouchers @ Rs. 100/- per working day, instead of cash in your salary, the tax you save on Rs. 31,200 i.e. (Rs. 100/- x 26 days x 12 months)"

Is it possible to give Rs 100/- per day ?

For Ref: http://www.accorservices.co.in/ProductAndServices/TicketRestaurantMealVouchers/Pages/FAQ.aspx

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Neeraj
09 December 2009 at 08:36

Interest On partenrs Capital

Dear Member
I have an query regarding Partners capital Interest.
In Deed it was mentioned that 11% interest was allowed to partners.
During the year partnership firm did invested of sum amount in MF which is not its primary business and earned X amount. On that amount they paid Capital Gain tax.
During the year firm paid Interest To partners as per the Partnership deed.
Now AO is saying that he ll disallowed the payment of interest to partner on the ground that it is not a business activity.

Thanks & Regards
Niraj Chordia

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tejashree
08 December 2009 at 19:47

Gift of Property

Mr.A has a residential flat in mumbai.He wants to gift it "jointly" to his niece(brother's daughter) and niece's daughter(grandniece).What will be the tax liability to the niece and/or grand niece?cud u also help me with the stamp duty implication w.r.to concessional stamp duty to lineal descendant?

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its Neha
08 December 2009 at 17:49

urgent

i want to incorporate a proprietorship firm as a division of my company. what is the procedure for the same?

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pratyush chauhan
08 December 2009 at 17:42

gift to parents

how to give cash gift to parents which is tax exempted.
please tell.

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Jagruti (CS)
08 December 2009 at 15:53

Issue of Compliance Certificate


During the year there was transfer of shares without issuing share certificate Also the certificate for shares already transfered is not made.

Now if Company want to get CC, can it be issued with the qualification for the same..

Thanks,

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Pinki Agrawal
08 December 2009 at 12:42

Annual Return

What is the Schedule V to be attached with Annual Return.

Why this is not available in MCA Portal when i download the other forms for annual return like form 23AC, 23ACA etc.

I need the blank format of Schedule V which could be attached with the return

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harshal
08 December 2009 at 12:35

account technician

sir please assist me
pl brief the procedure for obtaining account technician certificate
i have cleared group 1 of ca final old course and appeared for the 2 in this nov
please brief the feees structure
i have cleared my pee II in may 2006 and completed my articleship in august 2009
please provide the clarification to the lowest details if possible

thanking u in anticipation

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Nandisha.S
07 December 2009 at 11:50

Reference Books for CS


Dear all,

I am doing C S executive program i wanted to know which author books is best for that some of my friends are suggesting study material is the best shall i go with that or study some other authors books.

Thanks in advance.

Regards,
Nandish.s

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