DEAR SIR,

I AM HOLDING A PROPRIETORY FIRM BY NATURE OF BUSINESS AS TRADING AND / CUM CONTRACT BUSINESS OF BMC / MAHADA.

HEREIN KINDLY GUIDE ME :

1. WHICH RETURN SHOULD I FILE FOR ACCOUNTING YEAR 2007-2008.
2. AT WHAT RATE SHOULD I PAY M.V.A.T. PAYABLE ON MY GROSS RECEIPTS.
3. AT WHAT RATE COULD I GET INPUT TAX CREDIT ON MY PURCHASES.

KINDLY GUIDE ME AT EARLIEST, AS TODAY IS LAST DATE OF MY RETURN FILING.

REGARDS,
KALPESH TANNA
9223209202

What is the criteria for software capitalisation?

Which things are required to keep in mind for determining whether the software expenditure is CAPEX or OPEX in nature?

Hi..Friends
I jus want to confirm that what should be date of board of directors meeting in which balance sheet was approved in para 3(b) in form 23AC.?
As per section 215 of companies act accounts must be approved by the directors before they are forwarded to the auditor for their opinion.
Pls guide either it should be any date in which the accounts are approved by the directors and forwarded to auditors in May or June 2008 or the the date of balance sheet.

Thanks and Regds
CA.N.B.

hi, i am vinay garg final year student i am confuse regarding mics coaching please suggest me how to prepare this subject. suggest me the best choaching in laxmi nagar and if possible provide me notes.

Dear Sir,

I have received offer letter for Accounts Executive which shows CTC as follows:

BASIC = 8500.00
HRA = 3400.00
CONVEYANCE ALLOWANCE = 800.00
MEDICAL ALLOWANCE = 1250.00
FLEXIBLE EXPENSES PLAN* = 5150.00
====================================
GROSS PER MONTH = 19100.00




FLEXIBLE EXPENSES PLANT COMPONENT =


FLEXIBLE EXPENSES COMPONENT AMT/SLAB REMARK

Food Coupons if opted for : rs.2000.00 fully tax expemt
Leave Travel Allowance if opted for , the amount witheld per month = amt declared pa/12. tax exemption upon meeting IT requirments
The Same will be paid at the end of the year.
Superannuation if opted for minium Rs.100.00 & maximum upto 15% of basic salary. fully tax exempt.
(Employer Contribution) restricted to Rs.8333.00 p.m.

Provident Fund if opted for , 12% of Basic Salary or 12% of Rs.6500.00. Once opted Employee Contribution fully tax exempt
(Employer Contribution) can't opt out whilst in service

Special Allowance Balacing Figure Fully taxable.


I am not able to come to the net amount per month i will get because of flexible expeness plan, it's confusing me.
So please calculate at your end & tell me how much i will get in hand along with your calculation i.e.esi.pf.pt etc.

What should i do in order to maximum utilisation of Flexible expenses plan component.

thanks in advance.

Hello

Our company is having two company secetaries.One is in Mumbai and other is in Bangalore. Our all business operations are carrried out in bangalore.
Both have been appointed as Designation Company Secretary, I want to knw that can any of the companies secretaries can sign documents when it is required and also does both of them have the same power for signing the documents, . Another query is can a company can file Form 32 for 2 Company Secretaries regarding their appointment.

Please give your answers

Dear Expert,
Can anyone please suggest good book or cd for preparing agreements, documents etc.
Thank in advance

In a MIS report all of below :

Year to date figures

ROY figures

Full year figures.


Please let me know what is ROY.

Hello,

I will be becoming a father of a baby late this month. I wanted to know the Tax Implications on the cash gifts given to the new born.

I also heard of PAN Cards of the babies, the 45 days/60 days babies created record by obtaining one. Please also update me in this regard. "May be i can create a record of 10 or 15 days" - Just Joking.

Regards,
Rahul.

Whether TDS is applicable on commission paid less then Rs. 2500/- at a time to a person to whom more then that amount has been paid in aggregate during a year?