shknawaz
12 January 2009 at 17:13

conditions to become a NBFC

what is the criteria for deciding whether a company is NBFC or not and whether a company can be a Investment company as well as Loan company as per the NBFC prudential norm issued by RBI?


badrinath
12 January 2009 at 16:18

Submission of Form No.112

I have passed CA Final in May 08. During my articleship(Sep'05 - Sep'08), I had pursued M.Com through distance education. I passed M.Com in July 2007. I did not take permission from Institute by submitting Form No.112 for studying M.Com.
Whether I should submit it now along with condonation fee? Please clarify keeping in view the latest announcement regarding Form.112


mohan rao
12 January 2009 at 16:06

Service Tax on Residential Apartments

Dear Sir,

I heard that Madras High Court put Stay on Levying Service Tax on Construction of Residential Apartments.

Is it Really Happens ?

If so shall we go further with out paying the Service Tax on Construction of residential Apartments based on the Stay

Pls. Advice.

Thanking You


survesh
12 January 2009 at 15:51

entryfor tally

a person is partner & propriter of a firm and uses funds ofr the both from both bank ac how should it be accouted in
1)partnership
eg.cash recd from propriter
2)propritor
eg. cash drawn for partnership firm


TARUN JAIN
12 January 2009 at 15:27

Certificate of Incorporation

I am residing at Mumbai. Can i obtain copy of Certificate of Incorporation of a company registered in Kolkata by post / courier.


Thanks


JITENDER KUMAR
12 January 2009 at 15:11

deduction of tds

a partnership firm has a branch outside delhi. the branch hasnot TAN No. So
tell me
the head office deduct the tds on the behalf of branch by using the headoffice TAN No.


JITENDER KUMAR
12 January 2009 at 15:04

cancellation of service tax registration

there is one proprietory firm who wants to close the firm and he is liable to service tax for some amount & also he wants to cancelled his service tax registration
So tell me wats the procedure to clear all the liabilities & How to cancel his service tax registration


Nandesu
12 January 2009 at 14:00

PF, ESI related

HI,

My self is an Accounts Officer working in a MNC dealing with BPO Services. We are having the PF registration and have been deducting the PF according to their Basic salary and depositing the same in SBI and also depositing the monthly returns.

Regarding the same I wanted to know the following:
1. Lets say if aemployee's Break up is Basic Salary = 6500.00, HRA= 3250, Conveyance All = 800, Medical All = 1250 & Spl All = 1200.00 amountind a package of Rs. 13000.00. The his PF deduction will be 780.00 and what is the criteria for ESI deductions???
and
2. If the salary of the employee increases from 13000.00 to 20000.00 then his break up would be Basic salary = 10000.00, HRA=5000, Conveyance=800, Medical all=1250 & Spl All=2950.00. Now my Question is PF will be deducted 780.00 (as it is the maximum level) and the break up is what I have given. IS ir OK or something different?

and
3. what is the eligibility criteria of ESI deductions and what is the procedure and how it can be implemented.

Please give the answers andf I will be highly obliged.

Thanks & Regards
Someshwar Rao
09999009827


Deepak makhija
12 January 2009 at 13:49

International Taxation


A foreign company has obtained the permission from the RBI as liaison office in India and the Company has opened the Saving Account in the name of the person to whom power of Attorney is given and in the Saving Account Interest Income is also reflecting in the account,
The Company is using this account specifically for the transaction of the Company only.There is no any personal transaction done by the Power of Attorney holder through this account .But as per RBI people say that the account should be in the name of Company only. Please advice whether is ok or not. and can it be said that all RBI guidlince are complied with and CAN AUDITOR CERTIFY THE SAME (That all guidlines are comoplied)

Thanx & Ragards.


HEMENDRA BABEL
12 January 2009 at 13:49

Debonding of EOU

Dear Sir,

We are EOU Unit and Registered in June-2007.

Now We Require to Debounding our EOU and want to convert in EPCG what rate of duty to be paid on this convertion .

What Benefits is forgo

thanks






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