amit parihar
17 February 2009 at 17:04

bills of exchange

As per negotiable instrument act a bill can be accepted before its due date and also it can be subsequently endorsed without acceptance.My doubt is if the drawer of the bill needs it to be discounted with the bank ,when the bill shall be accepted and such bill can be endorsed or not

Answer now

CA..Nissha ......
16 February 2009 at 23:31

Payment for Purchase of goods from abroad.

Sir,
One of my Clients who is a non resident in UAE has sold goods to Indian Company for 15 million dollors.and now the company wants to make payment for the same.
My Question is that will tax be deducted for the payment of goods and if so which section is attracted.. Also if there are any RBI Regulations of the same.

Thank you.

Answer now

ATUL ANAND
16 February 2009 at 17:36

Registration With Sales Tax Department

I am running restaurant in Gurgaon and my company is registered under company Law. I want to know that can I open another restaurant with another brand with the same company name. For example, I have ABC Ltd. and I my restaurant name is B. Can I open restaurant C with the same company name ABC Ltd i.e. Can I addition in the name of retaurant C in the RC of ABC Ltd.

Answer now

ROHIT
16 February 2009 at 16:30

DEPRICATION ON LAND & BULDING

FOR THE PURPOSE OF CHARGING DEPRICATION UNDER THE COMPANIES ACT WHAT RATE OF DEP. SHOULD APPLY ON LAND & BULDING.OR IT IS POSSIBLE TO NOT DEPRICIATE THE ITEM BECAUSE IT ACCOMPAINED WITH THE NON DEPRICAITE ITEM. PLS TELL ME THE PROCEDURE OF CHARGING THE DEP. ON LAND & BULDING.

Answer now

Surya Narayan
16 February 2009 at 15:00

House Rent Allowance Exemption u\s 10(13A)

Is there any Circular or case law relating to rent paid to father or spouse and claiming exemption thereon on such amount. however i could not find any provision in the act for such.

Well however sec. 80GG limits assessee or hisspouse or child to own any residential accomodation. Does this impede any implication on the above matter.

Answer now

Amrendra Kumar
16 February 2009 at 14:42

HRA Exemption

Can an employee take benefit of HRA u/s 10(13A) from more than one company in the same financial year.

Answer now

CA. Nitin Gupta
16 February 2009 at 14:24

Taxability of reimbursement.

If an employee get the treatment of cancer from the hospital approved by CIT at his home, and the expenditures are reimbursed by his employer. Now i want to know whether this reimbursement will be fully exempt or up to Rs 15000(as he is not hospitalised)?

Answer now

harish
16 February 2009 at 12:11

Balance Confirmation

Dear All

Give a performa of balance confirmation form debtors/creditors as on 31.03.09

Harish

Answer now

Vaibhav
13 February 2009 at 20:10

Depreciation

Actually i am little confused regarding a specific issue on depreciation
If a Building is a part of plant and machinery i mean base bulding without which the machinery cannot operate than should depreciation should be charged At the rate of plant and machinery or building?

Answer now

Ravi
13 February 2009 at 16:56

Accounting Treatment of payment

Please, Help me, We are dealing with Indian Co. he give me Payment in US Dollars. He send me US$ 12000 @ 49.54 and bank give us credit US$11995 @ 48.94 and bank not show US$ 5 dollar in our statement. How should we pass this entry in our Books.

Thanks

Answer now




CCI Pro

Follow us
OR add as source on Google news


Answer Query