Dear sir, i want to know that if a company making false declaration, (E.g. the company commits that it is providing such services, but the company has not licence to provide such services), and the consumer believing on the statement purchases the products of the company, (1)what will be the rights of the consumers?
(2)What actions a consumer can take against the company?

Please give me suggestion in this regard.

Thanking You.

what is the duretion of carry foreword unobserved depreciation


pls solved out the query with proper comment as soon as possible

what is the duretion of carry foreword unobserved depreciation


pls solved out the query with proper comment as soon as possible

Company provides a car to employee for his personal purpose. All the expenditure related to car will be borne by the employee. Is perquisite come in this case? if comes then how the same will be calculated?

If insurance of car is paid by company then will it is perquisite for the employee?

Hello sir,

I wanted to know the applicability of AS-7 in the following case:

An individual has given his property to a company to develop and build residential flats. In exchange the individual will get 3 flats. So, is AS-7 is applicable on the company.
Please help.

Regards,
Jyoti

Hi experts,

Under which sec. or notification the surcharge on TDS is collected from the deductee. I read it somewhere but forgot. can I get the details or link. Pls

Praveeri.

Dear All,

My Company is paying to one employee as a monthly Basic Salary Rs. 20000/- P.M. Medical Allowance Rs. 5000/- P.M. and Local Travel Allowance Rs. 5000/- P.M. from 1-4-08 to 31-3-09.

I have to compute tax liablity for the f. y. 2008-09 for Tax Deduction at Source u/s 192.

Are medical Allowance & LTA fully taxable.

if the Employee submit bills for Rs. 20000/- of Medical expenses and 40000/- of Local Tavel Expenses then how much amount of both allowances will be taxable.

Thanks
Saran

Can someone clarify me that if some goods are purchased which are capital goods as per Excise and it is through Vat invoce Input Tax Credit Can me claimed or not? If Yes, then Why ?

My client in mumbai, is having a branch in delhi who has hired some employees in delhi. the sales representative in dekhi works for the company in a hired car. the branch gives to the employee a fixed rate of 5 rupees per km. then the head office reimburses the branch for the amount spent.

in which head should the exp be accounted for fringe benefit, Conveyance or Travelling?

My client, a partnership firm is having a branch in Dubai with 5 employees (some sent from india and some hired from dubai). the branch in dubai incurs expenses like local conveyance, entertainment, travelling, sales promotion.

do the firm has to pay fringe benefit tax on expenses incurred in dubai.