My company is exempted from the attaching the balance sheet with the Holding company the details of and the BS and P&L of subsidiary
Is it exempted only to send the holding company balance sheet with out the subsidiary balance sheet or
even in filing with the ROC the subsidiary company balance sheets need not be filed

What is the remedy/Legal Implications for a company which has redmmed Debenturs & Pref.Shares without creation of CRR & DRR from auditor's poit of view

In case of import of services where there is a reverse charge i.e. where service tax payment to the revenue department is the responsibility of service receiver whether the TDS will be deducted on amount gross of service tax or on the net amount in case the service provider is not charging / showing service tax in the bill.

Hi all

1. I want to know on which things we can claim service tax i.e. courier bills, telephone bills etc. please give me the detail of same

&

2. A person have two firms in which he is sole proprietor. He is filling service tax return in one firm. Can he is able to claim service tax credit in Second firm in which he is paying bills like courier charges & Telephone etc.

pls. advice me in this matter

Thanks & Regards

I am trying to clear my PE-II since last 1998 but not scuceeding in it. If now I clear PE-II and final will it be worth in finding good jobs or it will be difficult on the ground that the time lapsed is long and the age factor.

hi frnz....
pls tel me the slab rate for association of persons....

An agency can be created by ________
An agency is said to irrevocable where agency can’t be terminated. An agency is irrevocable in which of the following cases ____________

Which chapter is this topic “ Agency” is in ? Partnership Act or Contract law…
That too in which topic of the topic has this “Agency” been elaborated? I have been trying for 4 days but have not found the answers….

Case A:
If repair cost of building is 15ooo, whitewash epenses are 10000 cost of extension of building is 5 lakh, and cost of improvement in electrical wiring system is 25000; the “amt. to be expense” is _______
a) 50k b)550,000 c) 25000 d) nil

Case B:
X of Kolkata sends out goods worth 1 Lakh to Y of madras at cost +25%. Consignor’s expenses are rs 2000. 3/5 of the goods were sold by consignee at Rs 85000. Commission 2% on sale + 20% of “gross sales less all commission exceeds invoice value”? Amt commisoned is__
a)3083 b) 3000 c)2500 d)2000

Case C:
Micro Ltd issued 15000, 15% debentures of Rs 100 each at a premium of 10%, which are redeemable after 10 years at premium of 20%. The amount of loss on redemption of debentures to “written off” every year is ….
a) 15000 b) 30000 c) 45000 d)22500

The ambiguity lies in the words between “ ”

Plzz help me to find the answers with procedure

Letting of Commercial Property is taxable w.e.f. 01/06/2007.There exists a provision that if the value of aggregate taxable services provided in the previous year does not exceed Rs 800000, service provider would enjoy exemption in the current year upto Rs 800000 of receipts. There is a Company in whose case,rent charged during the year 2005-2006 exceeds Rs 800000.
Will the Co still enjoy exemption in the current year 06-07 since the services were not at all taxable during 05-06 (Services became taxable w.e.f.01/06/2007)

Interest on recognised provident fund was exempt earlier to the extent of 9.5%. It has now been changed to 8.5%. I would like to kmow this change would be applicable from which previous year/assessment year ?