Rohit Kabra
08 April 2014 at 11:02

Bonus act

Monthly wage of a person is Rs. 5000 & he is entitled for bonus. During a particular month he is present only for 20 days so he receives 5000*20/26=3846. on what amount bonus will be paid

1. 3500 (since 3846 is more than 3500)
2. 3500*20/26=2692

Please reply soon



Anonymous
08 April 2014 at 10:59

Regarding form 103

I accidently sent 3 copies of form 103 to institue.when i asked the institute to sent the other 2 copies back.,they said they won't sent it back. so what should i do now?


AVINASH PANWAR
08 April 2014 at 10:50

Imprest account

Dear Sir,
please tell me about imprest A/c, I am working in logistics company, here director of company incurred petty cash exp. from their pocket, they called me about create of imprest a/c, they first incurred petty exp. From their own pocket thereafter fund transfer in his account from company bank account.


Thanks in Advance



Anonymous

Hi, I have a small query as mentioned below. 1. My income is not taxable.

2. I want to invest in liquid mutual funds. Some investment will be of more then 1 year & some will be of less then a year.

3. What will be the tax effect for investments of less then a year & more then a year.

4. As for long term I understand that 10% without index & 20% with index. Now. as my income is below taxable limit, do I still have to count 10% or 20% tax, as applicable & pay it accordingly or will it be added to my income & there after as my income is below tax limit, so I do not have to pay tax at all??

Plz. advice. Thank you.



Anonymous
08 April 2014 at 10:28

Cop

Hi, I have got job in pnb bank. I am holding full time cop. Now I want to know how can I convert full time cop in part time cop? What are the benefits of holding part time cop? If I continuously work in bank for 5 years, will I eligible to become FCA? Plz advice me in cop matters.



Anonymous
08 April 2014 at 10:24

Notice u/s.148

Hi

We have received assessment order from ACIT u/s.143(3) of the Income tax Act. We have filed appeal before CIT and the case is still pending. Meanwhile ACIT have issued notice under sec 148. What kind of reply I should give to ACIT.

Thanks



Anonymous
08 April 2014 at 10:14

Visiting cards

Hello,

Can I mention D IFRS degree from ACCA, UK on my CA Business Visiting Card?

Thank you in advance.



Anonymous
08 April 2014 at 10:02

Tds on service tax portion

Dear Expert

As per Circular No 1/2014 ( F 275/59/2012-IT) dt 13.01.2014 no TDS is required to be made on Service tax portion,

Kindly confirm whether it is applicable only for Sec. 194I & 194 J OR applicable for other section also ie 194C. 194H etc

Pls urgently reply



Anonymous

Hi,

For calculation of the STCG on Share Transactions whether the following expenditure can be allowed as deduction:

1. STT

2. Transaction Cost

3. Stamp Duty

4. Service Tax

Thank you in advance


PALLAV DAVE
08 April 2014 at 07:52

Export of service tax

A pvt. ltd. company developing software for usa based company. They providing service from india through online mode. The payment to be received in convertible foreign exchange. So I want to know that is this service fall within the ambit of export and service tax payable on it.!!! Also is this declared service or not..!!!






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