In Office we pay monthly salary and account once in a month and pay PF & ESI accordingly.
In FActory we pay weekly wages. In this case how to account wages for the particular month and calculate PF & ESI. Since for calculating PF & ESI calender month wage will be taken. Whereas payment will be based on weekly which will not exactly ends up by month end.
Advance thanks for clarification
Dear All,
Yesterday some of our equipments at our factory r destoyed by fire.I want to submit a claim report to mgt as well as insurance co.We already prepare an Estimation Report of the amount of assets damaged,quotation for maintenance & other reports from police and fire force.Any body kindly sent me a format or proforma of report for its successfull prepration to my mail ID reachshinuraj@gmail.com
During issue of Form 16 it was found that some of the employees have their TDS u/s 192 less deducted and some are over deducted. Let;s for examples my TDS amount on my income for the year is 5000 but actually it was deducted 4900 or 5100 at the year end as the case may be. Then what can be done while issuing form 16 to me by my DDO or who so ever is responsible for the TDS on my salary.What ll be the consequence for me and for the DDO.
is additional depreciation claimed under section 32 is optional in nature or is it compulsory to take it mandatory for the assessee in the return of income computed as per income tax act 1961.
if possible please provide relevant cases/judgment for any of option i.e. optional or mandatory.
dear experts !
if the employer made form 16 A without including deductions under section 80 C then shall we eligible to claim these deductions while preparing our return to Income Tax department...
please reply.. urgently required !
what is share warrant.
i know it is treated like bearer cheque.
i need more explanation about its use and purpose why it is created and who can be created and in what condition.
who can claim dividend on share warrant.
i qualified ICWA. i applied for the post of specialist officer in a scheduled bank. i am going to face the interview of it in a few days. what kind of questions that, i can expect in that interview?
Q1. Assessing Officer ask me to give the details of sundry creditors above 5 lcas alongwith complete addresses and confirmation for the last two year balance. My client has large no. of creditors list. Should i give the all details of creditors?
And i can`t understand why he create a particular limit for creditors .i.e. 5 lacs.
The question raise by the AO click any law?
Q1. Assessing office ask me to give the details regarding advances taken by the company. My client is share broker company and it take advance from all the their cleint who wants to sale/purchase of shares through stock exchange. The advance amount is very high and the details of all cleint is very big. Should i give the all details or not for the purpose of assessment. There is any law regarding against of advance execpt 2(22)e of the I.T. Act.
Sirs, can anyone explain me that who are required to sign Corporate Governance report. Is there any duty of statutory auditor to check the corporate governance.
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Accoounting of wages