1. Can anyone inform me if there is any provision in UTTAR PRADESH regarding transfer of unpaid wages, salaries, bonus, incentives and other employees benifits to labour commisioner account after expiry of three years from the date of provision been provided in the books???

2. Can workmen compensation paid to employees be net of with the insurance claim received????

Dear All

How do i calculate depreciation of the assets purchased in the middle of the year according to comp act as well as IT act

And also what is the rate of depreciaiton for mobile phones purchased for staff according to companies act and income tax act

plz urgent

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?

As per AS 26 whether preliminary expenses are to be written off immediately and not to carry over the period of years? If yes then from when it is applicable?

HI,
ONE OF MY FIREND HE IS PAYING 5000/- P.M. AS RENT AND THE COMPANY PAYING HIM HRA AS RS.3200/- .HIS BASIC + DA COMES TO RS.7375/- .HE IS IN DELHI.

LET ME KNOW THE IT DEDUCTION ON THIS PLS.

Dear Sir,

One of our Employee has taken two Separate House.
The Loan taken for House No 1 is less and it is self occupied.

The Loan taken for House No 2 is More and it is unoccupied and it is not given on rent also

Since the employee want to take the Interest Exemption and deduction of Principal on Housing Loan taken on House NO 2 since he paying more Interest and Principal as compare to House NO 1 Can he avail the exemption forthe house no 2 even though it is unoccupied not given on rent also.

Regards

Ravikiran Konda

An employee is drawing a salary of Rs.6,500/- p.m. and he doesn't want to contribute in the Provident Fund. So therefore is it allowed? If Yes, then what will be the employer's contribution in this case?

Dear All,

X company had taken loan from financial institution for Rs.200 Crore. X company had not given any security from its assets.

Instead of X, Holding Company of X had given the X Ltd shares as security by way of pledge.

Can X Ltd show the loan in its financials as Secured Loan? Or else is it required to be shown as Un Secured Loan.

Requesting all of you to please clarify at the earliest

Regards,

Hari Krishna Desu

hi friends iwant a small information regarding vat tretment.
vat input is more than vat out put and iwant to carry forward vat amount. so how should i pass an entry so that i can carry forward vat input amount to next month.