Sir,

As per the recent announcement of ICAI a student has to take permission for persuing other courses. However as per the Announcement Regarding Articled Assistants dated 22nd August 2008 Students registered prior to 1.04.2008 are not required to submit form 112 to obtain permission for other courses. I am registered as a student in the year 2006. Please clarify whether i am required to obtain such permission? the new announcement has not clarified whether the old announcement has been cancelled or not!!! I would alsoi like to know whether i can persue 2 courses alongwith CA course. Such other courses are external courses. Hence there is no requirement to attend the college. Expecting an early reply. Thanks

Please tell me the forms to be executed for transfer ....what is the difference b/w form no. 109 & 120 ?Do we have to submitt both of these along with 102 & 103

Dear Sir,

As per New Rule 37BB, information on payments to Non-Residents & Foreign Companies has to be provided in Form 15CA & Form 15CB.

Which payments are covered ?

1. Are payments to Foreign Companies for import of Raw Materials etc are covered ?

2. Are payments for import of Capital Goods covered ?

3. Is Commission paid to Foreign Agents covered ?

Note: These Foreign Companies/Agents donot have any PE (Permanent Establishment) in India.

Earliest response is anticipated.

Regards
G. Sharma

Dear Friends
Greetings From bhaskar
would you please clarify me that can we adjust excess or shortfall of TDS payment in the following quarter. What I mean to say the excess or short fall payment of Tds in the 1st quarter can be adjusted in the 2nd or 3rd quarter ?
Similarily we failed to file Tds Returns for 1st, 2nd and 3rd quarters for the FY 2008-09. can I file all the quarterly returns now ?

The medical Alln is the part of salary as per the Company's policies,but it is not taxable if the employees give the medical bills upto Rs 15,000/- My query is if the employee incurs exps towards medical exps of his/her parents,on submission of such bills is he liable for deduction under medical alln.

The Government of India- Ministry of Corporate Affairs has issued a Notification on NACAS Accounting Standard-11. ( GSR 225 (E) dt 31-3-2009. This Notification, I feel is very poorly drafted and difficult to comprehend. Can anyone help me in understanding the proper Accou nting Entries please ?

There is A Pvt. Ltd. which becomes on 1st April, WOS of B Ltd. And so provisions of section 3(1)(iv)(c) it becomes Public company.

SO the question is whether application to ROC for conversion of the company is mandatory?

if yes within what time?

If ROC convert the company to a LTD company on application from when the covnersion be effective for the purpose of application of other provision of Companies Act, as may otherwise be applcable to Pvt. Companies.

And should be the status of the company during the period of application is pending

one of my friend file I.Tax Return for the f.y.2006-07 online on 28/03/2009 without digital signature.then he went to I.T.office to file acknowledgement on 2/04/2009 presuming that it can be filed within 15 days after online filing. But in department they do not accept it as time barring . whether any solution for that.

Pls. give me the details of TDS New notification

I have one House. This House are in the name of My Father, My Mother & My Self.
I am a Salary Employee & Company given to me HRA.
I taken a Loan on this House & Pay EMI from My Account.

My Father Has another one House. I stay in this House & Pay the Rent to My Father by Cheque for this House. My Father show this rent Income in his IT Rturn.

My Query is :
(1) Should I Claim HRA as well as Houseing Loan Interest & Principal Amount in My IT Return?
(2) If Rent paid above Rs.10000 p.m. i.e. above Rs.120000 p.a. & my Father has below Exemption Limit should I deduct TDS on Rent?
(3) I Have only Salary Income & there is no Other Income should I get TAN no for Deduct TDS on Rent?