Dear All,

Let A is an employee getting 30,000 pm as Gross Salary.
Other deductions are PF 1000, PT 200, TDS 1500 out of the gross salary.
Now the employee wants a loan from company for Rs. 60,000 which ll be recovered from him in 12 installments as 5,000x12=Rs. 60,000. Let say for that loan interest is flat 500 per month for the 12 installments.
Then please tell me how should be the entries made so that the principal payment and interest on it can be reflected.

what is the difference between repo rate & rerepo rate

i am going to attend a bank interview . what kind of questions that i can expect in that interview? MY qualification is ICWA.

i wana knw that the decision of the institute regarding the transfer of the articles is justified on the part of the articles????

SIR WE RECEIVE A SINGLE BILLS TOWARD MOVEMENT OF GOODS FOR RS.750 , RS.1500 & RS.2000 WOULD LIKE TO KNOW IF SERVICE TAX WILL BE APPLICABLE, BECAUSE IN SERVICE TAX FOR INDIVDUAL CONSIGNEMENT FOR RS.750/- SERVICE TAX IS NOT APPLICABLE

Dear sir
We work as commission agent for a passenger ship which does not come to india, in such a case if we pay commission to a foreign agent through whom we have go an foreign coustomer who want to travel in the passenger ship, will tds be applicable on the commissione paid if yes under what section

HI, can any one please tell me that of what amount of Stamppaper should be to take affidavit to submit to MCA regarding submissionof Documents for DIN

Dear Sir / Madam,
Pl analyse the following interesting real case study and revert back with your precious opinion as soon as possible.

A co absorb "C division" of B co on Oct,08. Uptill Oct,08 B co deduct and paid TDS on Salary for all the employees of C division and from Nov,08 to March,09 A co does Deduction and payment of tds on salary.
Now the issue is B co has short deducted and short paid the tds on salary for employees of C division and that shortfall now need to be paid by A co but there is a change in the tds provisions with effect from 1st April,2009 vis notificaiton no 858(E) dated 25th March,09.

Questions are:
1.What A co is legally bound to do?
2.Whether shortfall of tds on salary can be paid by A co in June,09 as they aquired whole C division of B co,If not, when and how can the payment is made?
3.If so, what is way to make such payment and which legal provision will rule that ?
4.Does there is any Interest which need to be paid by A co?
5.Your comments and suggestions to this case which is really happend with the co?

Dear Sir / Madam,
Pl analyse the following interesting real case study and revert back with your precious opinion as soon as possible.

A co absorb "C division" of B co on Oct,08. Uptill Oct,08 B co deduct and paid TDS on Salary for all the employees of C division and from Nov,08 to March,09 A co does Deduction and payment of tds on salary.
Now the issue is B co has short deducted and short paid the tds on salary for employees of C division and that shortfall now need to be paid by A co but there is a change in the tds provisions with effect from 1st April,2009 vis notificaiton no 858(E) dated 25th March,09.

Questions are:
1.What A co is legally bound to do?
2.Whether shortfall of tds on salary can be paid by A co in June,09 as they aquired whole C division of B co,If not, when and how can the payment is made?
3.If so, what is way to make such payment and which legal provision will rule that ?
4.Does there is any Interest which need to be paid by A co?
5.Your comments and suggestions to this case which is really happend with the co?

I wish to clarify whether we should use Form No. 3CA or Form 3CB for pvt. and pub. ltd. company and what will be the case when a company has a turnover less than 40 lacs