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Dharmesh Udeshi
This Query has 2 replies

This Query has 2 replies

27 August 2007 at 17:48

Transaction Charges and Service Tax

Whether stock broker is liable to collect service tax on transaction fees collected from client and paid to Exchange???

The exchange do not charge service tax on transaction fees charged to the brokers are they liable to do the Same???


ASHISH
This Query has 7 replies

This Query has 7 replies

27 August 2007 at 16:25

Service Tax Credit of Reimb. of Exp

Can we get credit of service tax for the expence which we reimburs to our contractor?

As per the contract we gave them assurance for such payment

my email add : adthakkar@vvn.elecon.com


Satyajit Roy Chowdhury
This Query has 1 replies

This Query has 1 replies

Dear sir

we are a 100%EOU company. During the financial year 2006-07, we have unabsorbed depreciation of Rs. 32 Lakh. Interest income for the current year (FY 2006-07) is Rs. 10 Lakh. whether we will be allowed to set off unabsorbed depreciation with interest income?

please advise

Regards
Satyajit Roy Chowdhury


Dhaval Sata
This Query has 1 replies

This Query has 1 replies

27 August 2007 at 12:46

TDS on Service charges.

If some of the employees(say 30 nos)are not on the muster but they are paid as Service charges.So in that case PF & ESIC is not deducted,and so Sec 194C of the imcome tax,regrding TDS deduction is attracted or not?.

Also if some of the directors are given remuneration but Service Chrages is also given as a part of their remuneration structure,and also it is showm under different head(Service charges).So even in that case Sec 194C would attract?

Please resolve my querry urgently.

Thank you.


Sanjeev Khandelwal
This Query has 1 replies

This Query has 1 replies

27 August 2007 at 12:37

Capital Gains

Mr. Expert,
My client has sold his "Mahal" which was built approx.200 years ago for Rs.40 lack what will be the capital gain in the hand of a rular, and how to calculate.


MAHADEVU S M
This Query has 4 replies

This Query has 4 replies

27 August 2007 at 10:35

Change of Job and starting practice

i am 33 years old and passed M com. and PE-II,completed 22 months of articleship in old scheme (before 30-sep-2001),after that i joined a PSU as an Accounts Officer 4 years back with salary of 20000 pm and working now.

Now i am planning to join final course and articleship (remaining 14 months) and do final course to complete my final course and start practice after completing final course.

my question is:
1) whether shall i continue my job in a Central PSU with which i am earning as an office Rs.20000 pm.
2)or can i re-register for articleship and do final course after passing final shall i practice?

3)in the present situation environment whether practice is better or joining for a job is better i dont have any of my frineds or relatives doing practice, i have to start afresh.

please guide me so that i can take quick decision


CA Sandeep Bhatnagar
This Query has 2 replies

This Query has 2 replies

27 August 2007 at 06:12

Meetings of Board of directors

Hi,
I have following queries:
1) Where can a board meeting be held ? Whether at the registered office or elsewhere as well.
2) A director may not be present in India during the whole year. What should be the practice followed in such a case vis-a- vis the board meetings.

thanks
Sandeep


mahesh dilip purwant
This Query has 8 replies

This Query has 8 replies

26 August 2007 at 21:40

looking for articleship in pune

my name is mahesh d. purwant.i passed my pee-2 injuly2007. i want to know about vaccancies in c.a. firms in pune. iam intrested in indirect tax, compny audit.
maheshpurwant86@yahoo.com


Piyush Kumar Srivastava
This Query has 1 replies

This Query has 1 replies

26 August 2007 at 21:18

RelieU/s Sec89(1)

Q.1 If employer is paying arrear salary, is he liable to provide relief u/s 89(1)
or employee should claim relief while submiting income tax return.
Q.2 Whether employer liable to deduct tds on arrears too. if yes
While deducting tds on arrears whether sec 89(1) should be taken in to account.


Makarand Kadam
This Query has 4 replies

This Query has 4 replies

i have cleared pe -II in nov.2006.& also 250 hours coputer training i& i have joined my articleship on 1 aug. 2007 in ca firm. now i want to know whether i should join final in old or in new scheme because if i join old course i wil get only one attempt i.e in nov 2009 & afterward i will atomatically shift in new course. i got this information from icai's help desk i.e on phone. and now i have to make DD for registration in final course so i want to know what amount of DD should i made for new scheme & old scheme? & when will be my first attempt under new scheme?






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