mohit arora
This Query has 4 replies

This Query has 4 replies

16 April 2008 at 12:36

RULES OF LIC RENEWAL COMMISSION

Respected sir,
i am a LIC agent for the last years. i have completed my target of 5 years only in these 2 years. sir , i just want to know after how many years ,if we surenderd our agency ,our renewal commission will not be effected. as in my case if i surrenderd after 3 years as ( completed target of 5 years in 2 years) my renwal commission will be given to me or not?


mohit arora
This Query has 1 replies

This Query has 1 replies

16 April 2008 at 12:34

IRDA RULES V/S SEBI RULES

sir,
i am a LIC agent for the last 2 years,under IRDA regulations. agency is not a job , means off role not on role. at that time i got a oppotunity from a mutual fund AMC under AMFI ( SEBI REGULATIONS). for the job of RM. sir i want to know whether that AMC can object against my LIC agency or not? whether they have the right as per the sebi rules to ask me to surrnder my agency? what is the actual legal point on this matter ? if not then whether they have the right to ask me for the NOC only and not for the surrender of my agency. sir please help me to tell me what is the actual law position on this matter.


shankar
This Query has 1 replies

This Query has 1 replies

16 April 2008 at 12:31

Reimbursement application

We are 100% EOU and we are eligible for service tax reimbursement.

And we are getting the application "FORM ASTR-1" in this one they are asking service tax registration no but we don't have ST no.

We have CENTRAL EXCISE REGISTRATION NO

IS'T ENOUGH ONE.
PLS REPLY TO ME


Govarthan. P
This Query has 1 replies

This Query has 1 replies

16 April 2008 at 12:29

Accounting for option contract

Dear all i have one doubt regarding accounting of option contract. Here am giving the following datas please tell me the way to account it
For 1st contract: Trade date is 07-11-07 Expiry date is 27-03-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000
For 2nd contract: Trade date is 07-11-07 Expiry date is 28-05-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000.
If any other information is required please take an assumnary figure and please solve it


Sekhar Dasari
This Query has 1 replies

This Query has 1 replies

16 April 2008 at 12:22

Sur charge

Dear Friends,

Can any one tell me about surcharge marignial relief and what is the basic to calculate the surcharge marginal relief.


Thanks in advance.

Regards,
Sekhar Dasari


Anil
This Query has 5 replies

This Query has 5 replies

1) Should the company which collects Forms 15G and 15H submit to IT department just the DETAILS of persons from whom Form 15G and 15H are collected


OR


one should submit the FORMS COLLECTED itself in physical form?



2)IF form itself is submited in physical form, does the company have to submit BOTH the forms collected to the IT department


OR


the company keeps one and submits the other to IT department?


3)When is the last date for submission of the forms/details to IT department?


4)Please confirm Whether :


Form 15H is for interest OTHER THAN INTEREST ON SECURITIES receivable BY SENIOR CITIZENS


and


Form 15 G is for INTEREST ON SECURITIES BY ALL including senior citizen.




Basavaraj Baseganni
This Query has 3 replies

This Query has 3 replies

16 April 2008 at 10:30

Amendment of AOA & MOA

hi,

any one please let me know the proceedure to amend the articles.

many thanks
Basavaraj


ravinder singh rawat
This Query has 3 replies

This Query has 3 replies

16 April 2008 at 09:50

Refund of service tax

Dear Friends,

i have deposited service tax for march08. but after deposited we found that some more bills are coming related to last f.y 2007-08 and we have not taken input credit for these bills at the time of deposit service tax in march08.
now my question is can i take input credit in April on payment basis or i have to go for refund procedure.
pl z give me suggestion what i have to do and what effect will go to Service tax return.


Rachana
This Query has 7 replies

This Query has 7 replies

16 April 2008 at 09:39

Effect of prior period item

should we give effect of PRIOR PERIOD ITEM in current year B/s?

Eg. Expenses of Rs.20000 was recorded by Rs.10000 in previous year, now in the current year should we pass the entry for remaining 10000??


suraj
This Query has 4 replies

This Query has 4 replies

16 April 2008 at 08:22

Revenue or Capital Exp

Assessee purchased DVD writer for Rs.1450/- for upgradation in technology by repalcing old CD Writer whether it is capital / revenue exp?
Also he upgraded Tally 7.2 software to Tally 9 whether this is cap or revenue exp






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