Dhaval Sata
23 October 2007 at 19:20

Revenue Stamps

When are revenue stamps required to be attached on Vouchers?
Is it required only when payment is made in Cash exceeding Rs.5000
As per which Law/Regulation such practice is required?
What are the benefits of such practise?


sachin
23 October 2007 at 17:50

Service tax liability

Dear frinds,
Company got registration certificate say from feb,2007 after that company has charged service tax on taxable services and recover as well as submitted to the government a/c but the company has mead billing on the taxable services before the getting registration certificate so
1. Is company liable for the service tax which has not collected before registration?
2. If yes then how to treated in accounts it is contingent liability or the current liability for the company?
3. Whether any interest or penalties required paying? & how it calculates?

Thanking u

sachin


Harsh Raiyani
23 October 2007 at 17:21

Unpaid Bonus

What treatment do we need to follow for unpaid bonus (for employees resigning during the year).

Do we need to transfer the sum to 'Employee Welfare Fund' ?


Baljinder Singh

Sir,

I am working in Pvt. Ltd. Company at delhi and residing on rental basis. I am claiming HRA expemtion under the salary head. Now I would like to Purchase house property in U.P. after taking loan from father and the payment of loan will start after 2 year. when he gets his aged about 66 year. my Quesation is are under : -

1. Can I the loan from Father ?

2. After 2 year I will start making the payment of loan with Interest, then I claim the exemiton of Interest under head Income from house property and Income the head Salary u/s80c?

3. Can I claim the both exemition of HRA & Interest Income.Because I am living in Delhi & my house in U.P. ?

Pls advise me, what is my position ?


Regards,

Baljinder Singh


Mohanish Aggarwal
23 October 2007 at 16:46

old vs new


I have cleared my PE2 exams in May07. Now i have to get registered for the C.A. final course.But i am a bit confused whether to go for the New or the old course.If i go for old than i will have my final attempt in nov09 which is the last attempt for the old course.And the other option available is that i can go for the new course but for that i can give final attempt in may2010 and not in nov 09.But i don't want to waste my 6 months.

So, kindly guide me towards the right direction.


Thanking You


Mohanish Aggarwal
23 October 2007 at 16:39

MBA with CA

Does Correspondance MBA have any monetary value with CA . If yes ,which is the best university to do it from?


Nilesh Jain

Case facts: Husband has prior home loan for home registered in his name in City B for which he is claiming interest loss. This is unoccupied. Now the second home loan is availed on husband's income for house in City A, but house is registered in name of wife though EMI will be deducted from Husband's salary account. Wife has salary income which has not been considered for availing loan. Who will get tax benefit? Will there be any difference if the account from which EMI is deducted is a joint account?


S.A.Deepak
23 October 2007 at 15:52

about attempt

this is deepak .i completed my ca pe2 in may 2007.i am confused about old and new final courses .which will apply to me.i want to get new final course. what i have to do for that/


DIPTI KHANOLKAR
23 October 2007 at 14:28

VAT (Value Added Tax)

For November 2007 Exam(PE-II) of group2 whether VAT is applicable in the paper INCOME TAX & CENTRAL SALES TAX or not since it is heard by me that some small question can come for 10 or some marks though Income tax consists of 75 marks & CST consists of 25 marks


Samir
23 October 2007 at 14:17

articeship

Hi,

CA underwhich i am registered have decided to give up his COP.WHAT IS THE REMEDIAL ACTION FOR AND ATICLE CLERK.






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