Company has made a gift of Rs.10000 in cash to all its directors,senior perssonnel and company secretary.
whether it is part of manegerial remuneration as per section 309 of the Companies Act, 1956!
what is the disclosure requirement and is there any Sanction of Board of directors in a meeeting of board is necessary or not?

what are the issues concerning the residence of tax payers in international taxation.

Hello

I want to ask you that if rent from a commercial property is the major income of a trust/firm and if Rent exceeds Rs 10 lacs per annum .Shall Service tax would be applicable .Please reply???????

kindly help me the admit card rec by me does not have photo & i am final ca student anyone can help me out

Dear All,

Whenever any pvt. company makes profit and if it is distributing dividend to its director, then is it mandatory to transfer some portion of profit to General Reserve and how much? OR in geeral I would like to know that treatment given to General Reserve in case of PRofit making company?

Thanks in anticipation,

Amit

In the case of a consulting company which has purchased research services on behalf of its customer-The invoice from the research firm to the consulting company is INR One Lac plus service tax @10.3% = 10,300 - total- 1,10,300.00. The consulting company does not intend to add any value to this and will add no markup or margin. What should they
invoice the customer? Do they have to pay service tax again on total amount of 1,10,300?

Hi,

If an employee leaves job after March and due to some personal differences with employer, not able to get Form 16 regarding his TDS deposit details, how he can file his ITR or what he can do?

Is there a turnover limit or number of employees limit of services or consulting companies to be liable for FBT (Fringe Benefit Tax

Hi,

A company provides cab facility to its employee for their pick up from home to office and drop from office to home. Simultaneously, it also pays Rs 800 p.m as conveyance allowance as salary component to its enmployee. Now, what will be the tax implications?
a) Will any of these exp attract FBT liability on part of Company?
b) Will any of these beneifits be taxable in hands of employee or both expenses will be exempt for both employee & employer?

"If husband and wife have substaintial interest in the concern and the both are in receipt of remuneration from such concern, remuneration will be included in the total income of spouse whose total income is greater excluding such remuneration"
I want to know that "such remuneration" means the excessive remueration which the spouse is getting over and above the qualification or total remuneration???
Please answer it as soon as possible.
E mail me at vinit@sheetalgroup.in