Dear Experts,
Pls tell me whether we can give or take commission on sales to or from HUF (i.e. person holding a/c in Hindu undivided family) what are the rules of HUF to create & to operate?.

Pls suggest.

What is the limit of exemption for royalty income for authors? Explain in detail.

How to make provision of gratuity in Accounts for every year? Tell me sir full Calculation details.

My salary income during fin.year 2008-09 exceeds Rs 1.50 lakhs before allowing deduction under chapter vi-A,but it is less than Rs 1.50 lakhs after allowing deductions under chapter vi-A.As tax payable is nil form 16 is not issued by the employer.Can I file the returns based on the salary statement as form 16 is not available.

we are having one mlm company private limited doing business of agriculture bio fertilizers, insurance life as well as general by registering members and members are attract new members for registrations. members are paid commission for canvassing new members and selling products of company is company liable for service tax if yes can company deduct service tax from members commission

Hello,

Sir/Madam,

is there anything like part time COP ?
if yes then can he do audit of as many companies as other CAs do and can he keep article assistants ?

Please let me know whether a CA can hold COP and do other business also.
i mean marketing business.

if yes then what r the conditions and formalities to be followed.

I had sent five acknowledgments to BANGALORE for e-receipt in an envelope. 2 for AY 2008-09 & 3 for AY 2009-10. I have received e-receipts only for AY 2009-10. What to do for balance receipts ? It is ok to take new prints of ack and contact local IT office ?
Have your suggestion/comment, please.

Let us sppose we received some service from contractor from previous and no any payment made on that year again we coutinously received the service in current year which is not exess of Rs. 50000 but for the settelment of account we paid the total amount which is exess of Rs. 50000. For example previous year balance is 8145. current year work is Rs. 42592. we paid during the year Rs. 51200. In this situation, we should deduct the tds or not. reply as soon as possibe.


thanking you

for the assessment year 2008-09,the tax payable was rs nearly 10000//, now the assessee wants to file his return of income.whether penalty u/s 271f attracts, if so what is the penality?

how can i complete my pcc studies in 3 month (both groups)? Is there any simple way 2 study fast?????
my attempt is in NOV 2009