Hi Experts,

Can any one help in structuring a salary package of INR 21L per annum for availing max tax benifits, even by converting most of the payments into FBT category, wherein the company is prepared to bear FBT, which is of-course much less than an individual paying IT @ 33% for this bracket.
Any calculation in MS excel / tips welcome

Dear All,

Following is my query-

If we have recieved Inward remittance from abroad for Invoice raised against software dev. activity, then in accounts how will be the treatment as far as currency conversion is concerned.

1. The date on which we receive amount in EEFC account
2. The date on which we convert the currency in INR
3. The Date on which we book the invoice.

Please let me know how and what will be the entires taking into consideration the exchange fluctuation gain or loss?

in reguler procedure purchase bills accounted in the month of goods recevied.
in case of march bills booked in march month expenditure but in march vat return not mentioned that purches and vat and that vat mentioned in april vat return.
that procedure is correct or not?
please tell me the correct procedure with relevent section ?

Dear sir,
I am working in Manufacuring Unit.and i want to know all about Imported Material Purchase To be returned to Foreign Contry Supplier under Central Excise Law.

i am filling form -1 of mca for incorporation of company .

size of file is 4 mb after all attacments in pdf and i wan to upload that file but mca can not upload file whose size will exceed 2.6 mb.

pls tel me how i can upload this file in other words reduce size of my file.

pls reply urgently if any one have solution for it

Efficiency Ltd.,is in the process of reorganzation of its business.It is likely to result in some labour being rendered surplus.It has proposed retrenchment of economic dead weight.Can the company do so?

hi.

I want to know which are rbi norms to be followed in order to avail foreign loans (ECBs) by an indian company.Please also provide the RBI circular stating it..do reply fast , as its urgent...//


regards,
Tarin Shah

Is there any scheme for disclosure of undisclosed income & property under income tax? (like VDIS in 1997)

Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.

Hello everyone
My query is regarding section11AC of central excise act.Under this section there is a provision for reduced amount of penalty in first and second proviso if the duty with interest and penalty is deposited within 30 days.This is when assessee does not go for appeal
But when assessee goes for appeal and loses in it then under third proviso he will be liable to pay the duty and interest and penalty on the amount determined under appeal whether increased or decreased.
Query:-Under fourth proviso the exact wordings are "provided also that in that case the benefit of reduced penalty shall be available if the amount of duty so increased and the interest payable thereon and consequential penalty paid within 30 days.
Does this mean that if the amount is determined under appeal and there is fraudcase the amount of penalty shall be reduced only in respect of the increemental amount of duty?i.e supose original duty determined was 50 lakhs and now if duty determined is 70 lakhs then reduction will be available for 20 lakhs only and in in other cases suppose duty determined is 30 lakhs then no reduction will be there.
please explain.