Company has three Bikes shown in its books

so Expense of Petrol & Repair is liable for FBT or not

as in Motor car running exp. u/s 115WB(2)(H) Only exp of Motor car are to be taken for FBT but no explaination given for whether FBT applicable on petrol & repair exp of Bike of Companies.

and even it also not mentioned in Travelling Y Conveyance Exp U/s 115WB(2)(F),

so whether petrol & repair exp of own bike is allowable for FBT or not

Dear experts,

'ABC' company has started their business in FY 07-08. Now FY 08-09 is the company's second Financial Year.

Now the company is closing their books for FY 08-09 (Finalization). And they want to make a provision for Gratuity. (Company wants to Introduce Gratuity.)

Questions:
1. What is the applicability for gratuity?
2. How does it work?
3. What is the procedure?

in december 2008, an information technology Act is amended
i want to know that is it applicable to june2009 ca final exam
reply as soon as possible bcoz days left for preration are to short
thanking u

How can i claim Depreciation on Motor car if it is registered in the name of Director ? can u give me the section details or any circular

DEAR ALL,

AS PER MCA.GOV.IN
CIN STANDS FOR : CORPORATE INDENTIFICATION NO.

GLN STANDS FOR : GLOBAL LOCATION NO.

Pls. guide me about GLN (GLOBAL LOCATION NO.) WITH EXAMPLE.

URGENTLY

REGARDS
BISHNU DEO SHARMA

i have wrongly entered 2008-09 instead of 2009-10 in challan 281 as assesment year and the payment is already made..if i want to change that as 2009-10 what i have to do? please answer this.....

What is the tax implication of gift given by father to daughter? Is there any exemption limit or is it fully exempt?

Our CA has come up with list of proofs to be submitted as per rules of Income Tax Act for FY 2009-2010, PLEASE CONFIRM WHETHER THEY ARE INLINE WITH INCOME TAX ACT OR IS HE ASKING SOMETHING EXTRA?
1. HRA10(13A):
a. Original Rent receipts
b. If monthly rent exceeds Rs. 3000/- copy of LEAVE & LICENCE AGREEMENT IS REQUIRED
c. Rent receipts shall show complete ADDRESS OF LAND LORD WITH PIN Code

2. Medical Expenses 17(2):
a.Bills of Medicines along with DOCTORS PRESCRIPTION

Hi
I m Ali, I m working as as accountant in Gulf since 6 months. I hold an MBA degree in finance as major and marketing as minor. I have completed a course in SAP (Fi/Co). I had worked as Customer Service officer in icici Direct for 30 months.
my question, is it for an MBA possible to grow in accounts field.
please help me and what major steps should i take to make my future bright.
suggestions.

Dear Sir
my question is that when we take the service tax input credit,
when expenses incureed or when expenses paid ?
Thanks
sandeep