Dear sir

Can salaries be paid in cash

Total salaries for one was about to Rs 100000
for 25 employees


Can they pay in cash

hello friends

my query is abt recognising profit or loss on sale of asset under companies act depreciation

for eg. opening wdv of car-289770
sale value-317696
sale date-25/05/2012
f.y- 12-13
sale depreciation-11305
what is the treatment for depreciation and amount of profit to be recognisedon sale of total asset.

we are merchant exporter some goods from a vendor for export without payment of duty under ct1.
subsequently the export order was cancelled

we want to cancell ct 1 so what is the procedure of cancell ct1 bond.
we need letter formate or draft which duly endorsed by manufacturer and his range superintendent stating that the ct1 will not be used and sent to the exporter for cancellation.

please provide letter formate.

waiting for your valuable advice.

thanking you
regards
shamal

i have done both CA & CS, i want to print my business cards, can i use logo of both the institute on the same card??

And further, who can write ACS before his CS degree?

Dear Experts,

There is a company selling internet domains (.com, .in etc). It raise invoice to its clients and pay service tax on the same. Now my queries is:

1. Say if it raised Invoice (for Rs. 10,000) in the month of April paid service tax (1236) on the same and now in the month of May the same invoice is cancelled and the money (including service tax) is refunded to client. If Total invoicing of May is 110,000 can this cancelled invoice be adjusted and service tax be paid on 100,000 (110,000-10000)?

Dear Sir,

I have completed my Articleship and have registered for CA final in Jan 2008. My one group of CA final is still not cleared. Now I want to give exam in Nov 2013. Do I have to re-register myself for CA final or same registration will continue for Nov 13.Please advise.

Supriya

Dear Sir,

i am getting salary only as basic pay and Conveyance.

should i get benefit of Section 80GG (i am not getting any HRA.)?

Rs. 2000/- P.M.

Thank you.

One of my clients booked a property in FY 2008-09. The booking date was 19-06-2008.

The buyer made no default in payment. The payment continued till dec.2012.

The buyer is yet to get the possession of the flat. He has transferred the said property in FY-2013-14.

Please tell me from which date should I calculate the period of holding?
I also need a clarification on the following:
"whether date of possession or date of registry be taken for calculating Capital Gains tax in case date of possession is before the date of booking?"

Mrinal Gunjan

real estate company has purchase sand for. Rs 1,50,000/- and bricks for Rs. 1,20,000.

now, company made payment as follows:

sand: 60,000/- in cash as advance and remaining through cheque.

bricks: 35,500/- in cash and remaining through cheque.

my question whether cash payment is disallow or not?

thanks in advance!

Regards!
Ankit Palore

the assessee is an NRI started a 8 companies to purchase a 110 acres of land with an intention to start a metal crushing unit for an amount of 5 crores.
Now asessee obtained a licence for metal crushing unit but now he got a good offer for out purchse of his shares in the comapany the entire shares in 8 companies should be transferd and the long term capital gain comes around 10 crores. THE PURCHASER COMPANY IS A FOREIGN COMPANY. pls advise me about the tax planing on capital gains tax.

thanks in adavance