hello i'm a govt school teacher paying my income tax through salary bill. i have availed home loan as a sole account owner and paying loan in a sole loan account. my pay disbursing officer is now asking a noc from my spouse that he is not using my loan repayment for his tax filling. now my query is 'is that necessary?'

pls tell me the procedure of Consignment sale & Sale in transit under CST Act 1956 & what is difference in both transaction.

good evng sir!
i have passed both groups of ipcc and moving to articles. i think it wud be better to do cwa in parallel to articles simulataneously , as there is an exemption of cwa foundation. advice me sir!

dear sir just i want to know that, is there any ceiling limit of employer contribution in EPf. if employee is getting 120000 basic salary in a month and contributing 12% on basic and employer is also contributing same amount . as per EPF act is it correct?

In a pvt. ltd. co. 2 directors are residing in US and one in india. What should we do to run company so that the provisions of the companies act do not violate. ?? Whether all the act on behalf of the board can be done by one director who is residing in india if board authorises such person to do such acts.???

a person gets monthly salary 25000/-.apart from this he also gets profit share of atleast 2.5 lakhs per annum company in which he is a employee but treated as partner(un official)his wife earns 9000/- per month.
how income tax to be paid

I have recd e-mail from MCA for filling of form 5 INV for Fy 2012-13 of my Pvt Ltd company.

But there is no unclaimed or unpaid amount in balance sheet except share application money(fully received) is pending for allotment from last two years.

And we want to allot shares for the application money

what should we do???

Sirs -- my client getting finance from a private financial Ltd co.for five years on EMI basis. My client submitted 60 EMI cheques in advance . Client has not deducted TDS as per their knowledge that as per Supreme court , TDS not required in case of payment by EMI . Pl let me know correct position . Thanks . K H Mahajan

whether a GTA can charge service tax on freight in his GR when service tax on GTA is covered under reverse mechanism ...

3 people joined together to start a firm.one of them become proprieter the other two act as employees but three of them take equal salaries.they share profits equally.only proprieter files income tax returns the other two wont file any income tax returns.
Now my question is what is legal and what is illegal in the above. what steps to be taken to be legal