I am having a proprietory concern business having 9 employees.I want to know do I have to pay professional tax from employees salaries. How much Minimum number of employees should be there to apply for professional tax.

I am providing software support service to U.S based company, I am not providing service to any Indian Company.My Annual Gross Receipts are around 40 lacs.Does I am liable to pay service tax.

Thanks.

Dear Experts,
Most of the intermediates for our production purpose is being done by processors/job workers and the raw materials used are Non-excisable minerals/earth minerals
Now the case is while importing such materials we are not paying any excise as they are non-excisable commodity-
The process loss/wastage is around 58% at the end of the processor- in this case is it required to pay excise duty of the generated waste, the waste is neither returnable nor sell able.

our Co. had paid dividend to Pref. shareholders for 2 continuing yrs without approving it at AGM. Is there any default?
Now what step should be taken to rectify the error?
plz also tell the penalty for Default.

HI,
I am Sanjeev. my query is that there is requirement of inernal audit under CARO if unlisted co. has paid up capital and reserves more than 50Lakh. my question is that whether share application money pending for allotment will be included in this condition or not.

Sir,

I am confused. Yesterday i got two opinion stating Driver's salary should be included in vehicle running & maint exp.

Please refer to "CIRCULAR No. 8/2005, dt 29/8/05 of Fin Act, 2005.

Point No. 78

Reimbursement in respect of car exp on the basis of bills submitted & driver's salary on the basis of declaration :

such reimbursement is effectively exp of employers for the purpose ofconveyance, tour & travel covered in clause (F). SO IT IS A CONVEYANCE EXP.

Point No. 87

Salary paid to driver of a motor car :
is a vehicle running & maint exp.

THE ABOVE TWO POINTS ARE CONTRADICTORY.

CAN U URGENTLY CLARIFY.

WHAT IS THE CORRECT TREATMENT?

Thanks

Subhash

Plz. send filable form of Annual Return of Schedule V of The Companies Act, 1956

Hi,

In connection to the above I want to confirm whether PT to be deducted as per the Act on the advance salary paid, or later in the year of due.





Thanks
Divya Bhat
VishnuDaya & Co,

What is the time and place for HIgh Sea Sales?

Dear sir,

Our company is having a business of software development, training & coaching services, and provide the services to govt. departments, for example : recrutment for irrigation department Just like software devlopment for examination ( application form, answer sheets, result sheet, attendence sheet, receipts, mark sheet, website etc.). We are having a registration under training & coaching services. which service registraion for recrument of employee for govt. dept. and various type of departmental examinations. how we get the setoff for which service we will paid the service tax?