Abhishek Kaushik
17 March 2009 at 11:44

service tax credit

plz let me know whether the expense incurred for courier services is allowed for input credit.KIndly elucidate.


DR GAURAV GUPTA FCA, FCS, LL.B
17 March 2009 at 11:36

teaching in delhi

TEACHING FOR COST AND F.M


HI
I AM TEACHING COST AND F.M. FOR CA PCC AND FINAL SINCE 2003 IN MORADABAD MORE THAN 700 STUDENTS HAVE BEEN TAUGHT BY ME
NOW I WANT TO START MY CLASSES IN DELHI, HOW WILL I HAVE A PLATEFORM TO TEACH THERE?

please tell how i can start my classes in delhi. whom I should Contact?


Anwar Shaikh


Hello Experts,

If any company pays ROC Fees of Rs.90,000/- & Franking Charges Of Rs.45,000/-
For increase in authorised capital from Rs.5,00,000/- to 50,00,000/-
Whether this 1,35,000/- (90000+45000) should be capitalised or transferred to profit and loss account or
Treated as deferred revenue expenditure or Misc. expenditure to the extent not written off .

The company is not newly incorporated . it is 10 years old company .


Raghavendra KS
17 March 2009 at 11:15

TDS on labour

I am working in private contractor firm. Here they are paying weekly payments. Our auditor warns us not to make voucher which exceed Rs.20k. And also same name labour should not repeat.

How it is possible to maintain like above, as such for ex. painter labour will exceed around 50k per month. And he continues to next 3 to 4 months. How it is possible to account acc. to TDS limited to Rs.20k.

Please give me suggestion in this area particularly so as to come over from this head ache.

Please ignore if any grammatical mistakes in letter.
Thanking you,


CA. SUJAL MEHTA
17 March 2009 at 11:15

Exemption of Subject in PE II exam

One of my friend has appeared in PEII in May 2007 and got exemption in one subject (Account) in First group. Now, since then he could not clear the other two subjects in first group.

According to me, his exemption in account will be withdrawn in June 2009 as three attempts are completed from May 2007.

Am I right? Please comment.


SHAH ATUL
17 March 2009 at 11:12

Housing loan from father

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.


parvinder singla
17 March 2009 at 11:11

winding up of a company

A Pvt. Ltd Co. having capital of Rs. 100000 and reserves of Rs. 150000/-, no bank loan, and some fixed assets and a loan from a director, wants to wind up. What will be the procedure?
Also, the balance left after meeting all obligations and liabilities will be treated as dividend or it simbply be divided into shareholders.
Please ans
It is very urgent


SHAH ATUL
17 March 2009 at 11:11

Housing loan from father

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.


Deep
17 March 2009 at 11:09

e-filing of income tax returns

e-filing of income tax returns started in a.y.2006-07 and then in 2007-08 onwards it expanded...i want to ask for which category of assessee's it is compulsory to file online return?


Tharish V
17 March 2009 at 10:58

Inclusion in the notice of AGM

if in a year, the directors of a company have not proposed dividend or have proposed nil dividend, then is it required to include DECLARATION OF DIVIDEND in the ordinary business of notice of the AGM...