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Samir
16 April 2009 at 13:20

Internal audit

When is internal audit compulsory for private limited companies?


Gargi Ranade
16 April 2009 at 13:18

PF withdrawal

Hi Dear all,please guide me on my query ;

Can employee withdraw entire amount credited to his PF if he left job after si months of joining ;

as it is rightly stated Out of 12% (or 10% as the case may be) of the employer’s share of contribution, 8.33% is to be remitted towards pension fund.

can employee take benifit of this pension fund also though he left job after six months but through following prpoerprocedure for his releavence




Gopal Sahani
16 April 2009 at 13:14

Interest on NSC

Dear experts,
Firm has taken a NSC in Oct'08.
For the purpose of finalization of A/c it requires rate of interest which will be imposed on it. Is there need to obtain any certificate for the same, if yes from where can be obtained, also inform the reqiured Journal entries.

Thanking You


vibhav shah
16 April 2009 at 12:57

Payment of TDS

Now it is compulsory to make TDS payment online, is it necessary to make the payment of TDS only from assessee's account else transfer the balance to accountant's account or partner's account or consultant's account and make the remitance of Tax from their account,

Assessee is not interested to utilised their personal account for net banking transactions.


Javed Hasan
16 April 2009 at 12:45

Institute Notification

According to the notification by the Institute :

# Every articled/audit assistant shall submit once in a year a specific declaration duly counter-signed by the Principal to the effect that the he is regularly attending training and his college hours do not clash with his articles timings and that no coaching is undertaken by him between 9.30 am and 5.30 pm on any working day. In the event of breach of this guidelines and not taking permission as required, the articles already undergone shall be de-recognised for such period as the Institute may decide.

# Every articled/audit assistant shall be required to maintain mandatorily the Work Diary in the Form to be prescribed by the Board of Studies.

Now my ques is :
The declaration should be submitted in which Form? and since i am in my second yr of articleship do i have to submit it for the current yr or the previous yr also?
and is there any last date for submission?


Atul Gadekar
16 April 2009 at 12:35

eTDS Returns

Hi friends,

My Housing Society has deducted the TDS from the Security Services payment as well as payments made towards professional fees and duly deposted the same during the financial year 2008-09, but not yet file any quarterly eTds returns for any quarter, can we file a single annual return for the entire year or should we need to file individual quarterly returns for each quarter, is there any penalty for the late filing of the e-tds return. What is the due date to file either annual or the delayed quarterly e-tds return.

Thanks.


PARDEEP SINGH
16 April 2009 at 12:20

Entry Tax

Actually we have purchased machinery and they have charged entry tax 4% what is it and where is it liable please drag me out from this difficulty.


Thanks in advance


PARDEEP SINGH
16 April 2009 at 12:19

Entry Tax

Actually we have purchased machinery and they have charged entry tax 4% what is it and where is it liable please drag me out from this difficulty.


Thanks in advance


Vimal

I am a CA final student doing articleship in Chennai..I would like to terminate my articleship from Chennai by the end of next year and join a firm in my home Town 'Kerala'..at which time i vil have abt 1.5 years of articleship period pending..The reason for the transfer is not among the clauses stated by ICAI {Transfer of working parent and Medical reasons}...
Is there anyway i can terminate my articles here and shift to my Home town??
I desperately need an answer...This transfer is very important for me.and my principal is also willing!!!!


Yogesh
16 April 2009 at 12:13

expenses of film production company

our client is film making company.it incur expenses such as lunch, conveyance,foreign travel tickets, mobile recharging expense for script writer, actor, and artist. they are not a employee of a company. is it lable for fringe benefit tax on such expenses?