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Life is a Race.....CA FINAL
25 April 2009 at 16:43

Depreciation Rate

Which will the rate on refrigerator from the below link given?
http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/ShowCit.aspx?fn=http://law.incometaxindia.gov.in/DitTaxmann/IncomeTaxRules/Rules2009/appendix264


Hitesh S. Thakkar
25 April 2009 at 16:41

Service Tax Input

Hii all.

I have registered for 2 catagory of service.
1. repair & maintanance &
2. Business & auxillary service

suppose i have billed
Rs.100.00 business & auxillary &
Rs.200.00 Repair & mainatance

I have Paid Rs.12.36 service tax on B.A.L
and Payable Rs.24.72 on Repair Service.

Now, Can I take Input on payment made in Business & aux..

Now my Payable Amount is Rs.12.36 on Repair & maintanance ?

Simply Can i take input of service tax paid on business & auxillary service against Repair & maintanance service?


D. N. MISHRA
25 April 2009 at 16:33

Deemed Public Company

If a company becomes public due to being subsidiary of a Public company by virtue of section 3, Pls clarify

1. Whether section 297 and 81 will be applicable after becoming public as such?
2. when a company becomes public by virtue of this section, In such a case all the section of Companies Act becomes automatically applicable on such company relating to all section which are applicable to public ltd company
3. Such Public company has to increase its paidup capital, no of directors and members mandatorily or not
4. Is there any section in Companies Act, which clarifies the position particularly which section applies and which section does not apply for such public changed company.

Soliciting for an early reply

Thanking YOu,

D. N. Mishra


sandeep
25 April 2009 at 16:31

Limitation ACt

Can any body send me the Limitation Act's copy or any knowledgeable article on limitation act.

REgds


Anil Chavan
25 April 2009 at 16:15

TDS

Dear Sir

Somebody ask me a question given below. I want to know that the answer wrote by me below is correct or not.Please help me out

Question : -

X paid Rs 50000/- to Y on behalf of Z after deduction of TDS. Pass the entries in X, Y, & Z's books

Answer :-

1. Y A/c ------------Dr 45000/
To Bank A/c 45000/-

(Being advance amount paid to Y on behalf of Z after deduction of TDS Rs 5000/-)



2. Z A/c ---------Dr 50000/-
To TDS A/c 5000/-
To Y A/c 45000/-

(Being advance amount transferred from Y A/c to Z A/c for payment made on behalf of Z, TDS deducted Rs 5000/-)



Surinder Pal Singh

Hi!

One of my client has received a some amount from Management of "Hotel Oberoi" Mumbai, as his daughter had died in terrorist attack in Nov 2008. Section 10 (10BC) exempt such kind of reciepts, if received from Central or State Govt. and any local authority. But will it exempt receipts from such public ltd company? if yes, do we have any notification for that


C.A. M.Com. Suhas A. Nagpure
25 April 2009 at 16:03

Stipend.....

Can we accept stipend in Cash?


hemal
25 April 2009 at 15:57

letter of intent

Can Letter Of Intent & contract is same?
Agreement contains the words "this LOI/cotract is enforceable till 20XX" Which Act cotain this provisions.


CA.S.Sathiskumar
25 April 2009 at 15:57

Tds & Vat Entry in tally


we have received Dyeing Bill
Dyeing bill inclues vat
Pls help me how i can use both option (tds & Vat)in tally journal voucher option


CA Keshav Arya

DEAR SIR,

WHAT IS THE APPLICABILITY OF SERVICE TAX IF A PERSON SUPPLY JCB MACHINE ON FIXED MONTHLY RENTAL LET SAY RS. 75000/- P.M.

UNDER WHAT CATAGORY HE HAS TO REGISTER HIM SELF??? WHAT WILL BE APPLICABLE ST?? IS THERE ANY ABATEMENT??

KINDLY SEND LINK OF DETAILED LITRATURE.
MY MAIL ID IS :

KESHAV_ARYA@YAHOO.COM







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