Varsha Dinodia
This Query has 3 replies

This Query has 3 replies

10 June 2008 at 13:49

Querry on Trust- Urgent

Dear experts,
Will the Labour laws like Payment of Bonus Act, ESIC, Bombay shop & Establishment Act and Labour Contract Act be applicable to A Trust Resistered under Bombay Public Trust Act,Society Registration Act, 1860 And also registered under Section 12A of Income Tax Act?
Also for compliance purpose the Trust should follow which Trust Act or Society Registration Act?


Priyanka M. Solanki.
This Query has 1 replies

This Query has 1 replies

Facts ::
If an Assessee owing to misinterpretation of an Exemption Notification under Fin. Act, 1994, billed in Sept. 2007 only to the extent of Rs. 100000/- without Service Tax component.
Total collection in Sept.07 out of the aforesaid bill is to the tune of Rs. 50000/-
The ST-3 in relation to the Taxable Services have already been filed for HYE Sept. 2007 showing Exempted services billed Rs. 100000/-.

Thereafter, while verifying the Half Year ended March 2008, an Auditor becomes aware about the Non-eiligibility of Exmpn. Notn. & thus the, Non-levy as well as Non-payt. of ST for HYE Sept. 2007.

Query :
what should be the Date of Invoice for billing the Customer for the ST component of Rs. 12360/-
Whether ST-3 for HYE Sept. 2007 can be revised ?
What will be the consequences of the Non-levy as well as Non-payt. of ST for HYE Sept. 2007.
What would be the manner of Disclosure in ST-3 for Both HYE.

Thanks & Regards,


kaushal
This Query has 1 replies

This Query has 1 replies

10 June 2008 at 13:44

Proposed Dividend

Whether proposed dividend once declared be withdrawn ? Is it also possible for interim dividend ?

proposed dividend is declared after preparation of final account and after year end . Then why and how is that accounted in current year ?
Please specify AS with it .


sachin Patni
This Query has 2 replies

This Query has 2 replies

10 June 2008 at 13:43

issuing service tax certificate

Service tax charged by Subcontractor in Bill .

In this case should we pay serice tax on behalf of subcontractor and issue him certificate stating that service tax paid by us on behlaf of him.

Please solve the query.


Preeti Agarwal
This Query has 3 replies

This Query has 3 replies

10 June 2008 at 13:41

Interest on TDS of Salaries

Please let me know what is the rate of interest & if i submit in this month i.e. June '08, upto what date i have to pay interest? Will that interest be born by employee or employer for late deduction? Also what would be the treatment of that interest in books of employer & employee?

Please clarify me the consequence of not deducting TDS on salaries?


amit
This Query has 2 replies

This Query has 2 replies

10 June 2008 at 13:27

tax related

Dear Sir/Madam

I AM DOING JOB IN UAE .I AM A CHARTERED ACCOUNTANT.THIS IS MY FIRST YEAR IN JOB.KINDLY ADVICE WHETHER MY SALARY WOULD BE TAXABLE IN INDIA.


MAGESH.G
This Query has 2 replies

This Query has 2 replies

10 June 2008 at 13:24

CA Final Exam

Sir/Madam,
I registered for ca final during october 2007 under new scheme, as per the rules i was told that i will take ca final exam after 2.5 years of Articleship, but as per new notification we have been told that we can take our exam after 2 years. now Tell me as per this information whether i am eligible to take nov 2009 exam.


MAGESH.G
This Query has 1 replies

This Query has 1 replies

10 June 2008 at 13:15

CA Final Exam

Sir/Madam,
Can i know when is the first CA FINAL exam under new scheme is held.?


sachin Patni
This Query has 3 replies

This Query has 3 replies

Dear Ones,

we are infrastructer Co. and Purcahse Material at the Site for which we have to make payment in cash which are always above 49000/-.

Now tell me that should we payment in cash for the cash bill above 49000/- if No then what are the ADJUSTMENT ENTRIES for the transactions. and what are the solutions if paid in cash in past year.

Thaks


ritesh kumar tibrewal
This Query has 2 replies

This Query has 2 replies

10 June 2008 at 12:56

HOW TO CONVERT NUMBER IN TO RUPEE

HOW TO CONVERT NUMBER IN TO RUPEE IN EXCEL SHEET e.g IF I GIVEN A REFERENCE TO A PARTICULAR CELL FOR =SPELLRUPEE(F20) THAN RESULT SHOULD BE "RUPEE TWO HUNDRED ONLY" IF 200.00 IS GIVEN IN F20






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