Provided that Sec 185 shall not apply to—
(a) the giving of any loan to a managing or whole-time director—
(i) as a part of the conditions of service extended by the company to all its employees;

Let me know what it say exactly...if a company sometimes giving loan to employees @ prescribed interest rate....then can a company give loan to its whole time director...?

can a company do this, if yes then with interest or without interest?

please help

OUR IS PVT LTD COMPANY. THE ENTITY WHO SUPPLIES MAN POWER TO US IS A FIRM. THE FIRM IS CHARGING 100% SERVICE TAX ON THEIR BILL.
IS THIS ALLOWED IF THEY CHARGE 100% AND PAY TO SERVICE TAX DEPT. OR ELSE IS IT COMPULSORY THAT THEY CHARGE 25% AND REST 75% IS TO BE PAID BY US ?

service tax to be charged on what amount if we are availing SSP exemption and taxable services of last year is above 10 lacs. ? service tax to be charged on amount above 10 lacs or whole amount ?

if there assesses forgotten his/her password and also he/she forgotten his/her securities questions. he/she is non residence of indian. he/she has his/her PAN card and there was no any return filled by her/his in past history and now he/she want to file her/his return so there is any other option to generate new password ? and ya past email id is also forgotten by assesses ...is there any option for receive password instead of generate digital signature?

Hi, seniors..
during vouching of journal voucher of co. i come to know that, in one of a bill of taxi co. bill is in the name of employee and co. has reimbursed him this charges and co. said as bill is in the name of employee reverse charge is not applicable. do contention of co. is right?

whether credit of this reverse charge will be admissible... thank you...

Hi,

My query is that, can holding company (Public Co.) give a loan to its subsidiary or wholly owned subsidiary Company (Public Co.) or not as per the provisions of Companies Act, 1956?

All view are welcum.

Regards

Dear Sir,

Can i deduction Rebate section 87A (Maximum Rs.2000) after calculation of Cess.


Regards,
Arijit Biswas

I have a query about work contract if I pay to any person Rs. 25000 for removing scrap and scrap's value is Rs.80000. and the contractor take that scrap and Rs 25000 towards his remuneration however am I liable to deduct TDS.

Dear all

please any one suggest me the better books of LAW and Audit in the market for CA final.

Thanks in Advance.

If a Company asks for a press for printing of their office calender for advertisement purpose then in which ledger head the amount paid to the printing press should be Debited. I have confusion in Printing & Stationery & Advertisement. If it should be debited to P&S TDS is attracted. Plz reply on urgent basis. Awating 4 experts reply.