Plz there is any clarity for syllabus of ca final may 2015 ?
Help me . special for 1 group. Any changes made ? How to read?
Icai has to clarify abt syllabus and at last time we are in trouble in preparation.
Plz any reply

can coperceners/members get money from the HUF what will be the tax impact or tax liabilities.

my query is :
Is service tax applicable for doing job works for processing of Mango Pulp. materials Etc.. will supplied by Customer and our role is only using our Plant and Machinery, labour, process mangoes and produce Pulp and handover to supplier, for that customer will pay Charges as job work charges/hire charges and they will deduct TDS. in above scenario Service tax Applicable or Not ?

If there is an export of taxable service(above threshold limit of Rs.10 lacs), then do we need to opt for service tax registration?
If yes, please give a reference for it.

sir
1)can we prepare moa and aoa in plain papers?
2)is it sufficient that we pay the stamp duty?
3)can we have 400 members as subscribers to memmorandum for a public company
4)what is the alternate procedure for issue of capital soon after incorporation

please clarify

I would like to know whether excise duty is applicable if used oil are sold as scrap. Referring chapter 27 doesnt provides a clear view on whether to charge or not. But it is stated in the case between "Commissioner Of Central Excise vs Ashok Leyland Ltd. on 26 November, 2002" that excise duty need not be charged.

We are in the process of manufacturing automobile components.

Kindly clarify with any cases whether excise duty need to be charged or not.

 XYZ (Public Co.) sales with two brand name –
1. XY
2. YZ.
 The management has taken two decisions that ,

1.Marketing staff of YZ brand to be transferred to ABC Pvt. Ltd (ABCPvt.Ltd.) (A Group Company) from 1st April 2014.

2.YZ brand’s sale routed through ABC Pvt Ltd & YZ brand transfer to ABCPL from 1st April 2014.

3.On the basis of above decision, all marketing staffs have been transferred from XYZ to ABCPL from 1st April 2014. On April 2014 onwards, all marketing staffs are employee of ABCPL.

4.The management was in process to set up sales transactions routed through ABCPL but they didn’t get through & cancelled the above decisions in the month of July2014 & Bonzer7 brand will continue with XYZ Co.

5.Till today, there is not a single sale transaction routed through ABCPL but ABCPL has incurred expenses of Marketing staff mainly salary of Rs.1.86 Crore from April to July -2014, who are working for XYZ Co.

6.Now the management has decided to reimburse above expenditure to ABCPL.

7.So ABCPL raised debit note to XYZ Co. with service tax of 12.36% as supply of Manpower Service because employees of YZ market staff are working for XYZ India Ltd. ( as they used to do earlier) but on payroll of ABCPL.

From the above situation we have following issues /Questions :

1.Whether Service Tax charged by ABC Pvt. Ltd. under Manpower Supply is proper? ( As per CBEC Circular No. 137/35/2011-ST dated 13.07.2011)
2.What XYZ India should accept an Invoice or a Debit Note for this payment?
3.Whether XYZ India can avail credit of service tax paid in this transaction?

Please ans me clearly and separately as per my situations.

Dear Experts,

Please guide me regarding filing of Form MGT-14. We have 7 to 8 clients private limited companies which does not maintain any statutory books as per companies Act. We just file there annual returns. They does not pass even any resolution properly. Everything is on estimated or verbal basis.
Now i m going through many mails related form MGT -14 filing in this group. Can anyone explain that what is this for? and how should we go for it? is there any standard format for filing it?
Normally there audits are done in September month only. So what can be consider for this form?
Please help???

Thanking in advance
Pooja

Respected Readers, In case of resignation of Auditors of Financial Year, 2013-14, Which Act will prevail whether Companies Act, 2013 or 1956.

Do we need to file forms to MCA in accordance to Companies Act, 2013 or in pursuance of 1956.

Thanks,

during the financial year-2012-13, the trust was having a loss of R.11,00,000(approx).
In the financial year-2013-14 the trust has income from its objective around 56,00,000 and has incurred expenditure amounting to Rs.49,10,000 which is more than 85% of total income . So is the remaining amount is taxable or not?? if not then under section we can save tax liability and how??