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vivek keserwani
This Query has 2 replies

This Query has 2 replies

25 February 2008 at 16:20

RBI ACT, 1934

What criteria does RBI follows before including the bank in the SECOND SCHEDULE ? Is the constitution of the organisation viz. Comapny, firm, Cooperative Society, etc. considered or material in this respect ?


Premal
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 16:18

PF, ESIC statutory payments


One of our client(a company), hire sub-contractors for job work at diff sites.

to complete work of one site it takes four to five years (a long term contract)

Now client pays on behalf of sub-contractors statutory payments like ESIC , PF e.t.c. in his name & subsiquently he recoveres from sub-contractors statutory payments paid by him.
He meets statutory obligation always on time.

can client do such act?

What shall be effect in taxation? Shall be allowed as deduction , disallowed or treated as income?

What shall be my role as an auditor?


umashankar vaishnav
This Query has 1 replies

This Query has 1 replies

RESPECTED SIR MADAM, I HAVE HEAR ONE INFORMATION IN RESPECT OF THOSE CANDIDATE'S WHO HAVE DONE THEIR ARTICLESHIP BY TAKING DUMMY WAY'S:

THAT IN CASE IF ANYBODY INFORM'S OUR CA INSTITUTE OF DELHI HEAD OFFICE THE ARTICLE COMPLETE NAME WITH REGISTRATION NO. INCLUDING THAT CA PROFILES IN WHICH HE TAKE THEIR ARTICLESHIP.THEN OUR INSTITUTE HAVE RIGHT TO TAKE TWO PANELTY STEPS THESE ARE AS FOLLOWS:

1. THAT CA SIX MONTHS PRIVATE PRACTICE BEING STOPPED.

2.THAT CANDIDATE TRAINING PERIOD BEING NOT ADDED AND HE HAS TO STARTS ITS ARTICLESHIP IN NEW WAY'S BY TAKING FAIR ARTICLESHIP

IS IT(A) TRUE OR (B) FALSE.


Anil Chavan
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 15:14

Global Transport Agency

Hi Sir / Madam

I have a confusion in GTA that If we are paying some amount to Transport co. & transporter is not levied a service Tax in bill. then it is our liability to pay service tax.
But on that time Our sale against service tax is below Limit even that condition I have to pay the tax or not.
And if yes then 25% or 75% of the taxable amount?
And if we paid the service tax on transporter's behalf then can we deduct a amount of service tax from his payment?


jebby
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 15:09

respected sir / madam

completed my ca inter and planning to give ca final exam on nov 08.so can u tell me which reference book to be good for ca final..
Should i give both groups at a time or one by one..please suggest me.


CA. Vipul V. Garg
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 15:01

sec 258 and sec 259

can anybody tell me about Rolta India Ltd. vs Venire industries case reg sec 258 and the share holders voting agreements.


Vivek
This Query has 5 replies

This Query has 5 replies

25 February 2008 at 14:39

Tax deducted at source

A company had entered into a contract with one security agency for security service. The company is regular in paying the monthly charges after deducting TDS. After 4 months the security agency failed to pay salary to security personnel hence the company had terminated the agreement with agency and gave direct cash payment to security personnel(4 nos). One of the security collects the entire amount and distributed the amount to others. Monthly payment to all of them aggregates to Rs.12900. Whether the company is liable to deduct TDS on such payment to the security personnel???


Nagendra Kumar
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 14:36

difference between salareand remuneration.

sir
what is the difference between salary and remuneration


CA Priya Bhaskar
This Query has 2 replies

This Query has 2 replies

25 February 2008 at 14:21

Short term capital gain

whether STT paid short term capital loss is used for setoff purpose


gopal malu
This Query has 1 replies

This Query has 1 replies

25 February 2008 at 13:51

Tax deduction at source

What is the rate of TDS applicable at the time of payment to a painter from whom we have purchased painting worth Rs.100000 and the paintings were made by him on our order containing the specifications.







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