Out of the Service bills, except one bill, It's omited to calculate Higher Education CESS @ Rate of one percentage. It has been noticed at the time of assesment (Halfyearly).
QUESTION:
01. Can we pay the difference amount now?
02. If yes do we need to calculate Interest/Penality @15% per anum (Or part)?
We registered under mandap keepers.
Thanks & Regards
Hari

SIR/MAM,
MY QUERY IS RELATED TO FBT.
A)WHETHER CONVEYANCE EPENSES ON TWO WHEELAR IS CHARGEABLE TO FBT OR NOT?
B)EXPENSES OF TRAVELLING EXP RE-IMBURSEBY TO A CA OR LAWYER.WHAT IS TREATMENT IN HAND OF CA OR LAWYER?
EG: TRAVELLING EXP INCONDUCTING AUDIT IN IST QTR IS RS 54000
REIMBURSE BY FIRM RS 50500
WHETHER FBT IS CHARGED ON RS 54000 OR
RS. 3500.
PLEASE SOLVE MY PROBLEM AND OBLIGE.
THANK YOU

Dear Sir,

Please Suggest, Salary paid to the Directors of the Company Exceeding cash Rs .20,000 is Disallowed U/s 40A(3) or Allowable Exempt from Tax U/s 40A(3)

Dear All,

Whether a Board meeting of the company as such is allowed to be held through teleconfrencing/vedeo confrencing under the respective provisions of Companies Act.
Also can a Co.registered under Companies Act is allowed to hold its board meeting outside India?

Awaiting your early reply.

With Best Wishes,
Rakesh

I am confuse wihile filing ROC return form
Point No.VII of INDEBTNESS OF THE COMPNAY (Secured Loan include Interest outstanding/accrued). Please advise me Our OCC (Credit limit) Bank account balance should be inculded in secured loan or excluded from the Secured loan. while the same were shown in balance sheet under the head unsecured loan.Becasue it is gainst Hyp. of Stock & book debts.

Same as we have taken adhoc limit from bank of 2 Crore should be include or excluded in secured loans.

Pls advise me.

Can practacising CA can do any other buisness with his practice as insurance adviser..or open a shop in his name ??? Or non practacising CA can do any buisness..if he is in employment in any company..

M/s. xyz is partnership firm is commission agent rendering service to overseas manufacturing company (omc) in india on behalf of OMC based on the agreement executed in between OMC and comssion agent. the firm is receiving commission in convertable foreign exchange. whether the firm is liable to service tax or not? or to this firm export service credit rules applies.


thank you
jagan reddy

hi


i am persuing cwa final and i have my exams in december'07 and i also working as an internal auditor in ICFAI. But while i am getting leasure in office i wish to prepare my exams but it is unable to prepare by manully so i wish to go online study. so i am requesting to suggest me any chances to prepare like that even practicals or theoritically.I will thankful to you if u do so.




thank you

What is the difference between a sub-account and a foreign institutional investor?

Please throw a light on both for clarity.

We have made the adhoc provison on meracantile basis for various expenses for the year ending march 07 .
No TDS was deducted on such provision being adhoc .
Actual bills will be booked in the current year and provisions will be reversed . we intent to disallow the expenditure in computing the taxable income for as no tds deducted on such a expenditure .
Pl advise best option available to overcome TDS penal provison and how to incorporate the same in Tax audit report .