I think if EPF is applicable on a company , employee drawing monthly salary (basic + DA) much above 15000/- like 50000/- , EPF is deductible on atleast Rs. 15000/- .
please correct me if I am wrong.

Dear sir,
My question is the "A" Construction Company who provide material to Plumbing contractor and Plumbing contractor do this work with his lobourer then which type of this service criteria. Is this service is under Reverse charge.

its a practical question
FA opening value is 90625.26
addition on 14/08/2013 is RS.20000
and a claim received on 19/03/2014 Rs.200400

how to show these transactions in statements& its income tax application??

I want to set up a liquid soap manufacturing unit. The raw materials shall be purchsed from within the state. May i know what documents will be needed for issuing a proper bill to my purchasers.

Kindly post a reply detailing the various registrations to be taken by me.(such as VAT registration etc

Hi All,

I am looking to set up a company outside India. Please let me know what is the better route for making such investment i.e. under




1) Liberalised Remittance Scheme (LRS) by Resident Individual (max limit of USD 125,000/- p.a.)




OR




2) Overseas Direct Investment (ODI) by Indian Company (max limit of 400% of Net worth)




Please guide me what is the better route of making the investment for setting up of JV outside India.




Also from tax point of view, what is better, keeping in mind the repatriation of funds back in India.




Thanks in advance.

Greetings to all...

I have a query regarding board meeting for approval of financial statements.

Sec 173 of companies act,2013 prohibits approval of financial statements through video conferencing.

In case of Pvt Co. (2 Directors)

What if the Company's 1 director is in India? Can he approve the financial statements? since the other director is out of India and he cannot attend board meeting.

acc to section 160 rule 13 company have to give 7 days notice to its member for the candidatuer of the person for directorship.

But if company want to call agm at shorter notice of 2 days.then is it possible for the company to publish notice of candidature before the notice of agm.

i have business in Durgapur of new spare parts . i have pay tax every year. i wanted to sale a agricutral rural land situtated in bihar. can u plz advice me that income from the sale of this property is taxable in long term capital gain or in total income.

plz advice sir.

Dear sir ,
I am in the process of starting a garment manufacturing company newly , and also looking forward to export the products, may I request for an advice from experts for the registration process and
statutory compliances (Legal and financial )aspects for the same .

Thanking you !

Anuj

Dear All,

We have appoint in 20.05.2013 as a auditor in new company in first board meeting.
There after we miss to filed the form 23B to MCA.

It is mandatory to file the form 23B by the first auditor and if yes now how can we file the same?

or only mandatory to file by auditor who appoint in AGM?