Easy Office
Easy Office


seema singla
28 May 2009 at 13:32

Provident fund

In a mfg industry, there are around 50 workers. Their basic salary is Rs. 8000/-or more. My query is if PF is to be deducted or not as the basic salary exceeds the limit of Rs. 6500/-??????????


Gaurav Aggarwal

If I take an interest bearing loan from a friend of mine, will the interest on such loan taxable in the hands of my friend?


Mukesh Kumar
28 May 2009 at 13:24

TDS

hi everyone
Mr. x who lives in delhi gets salary from a proprietorship firm for two months Rs. 30,000/- p.m. [ Included Conveyance Allowance Rs. 800/- p.m. & HRA Rs. 7,200/-p.m. ]
after that
Mr. x gets director remunaration from his Pvt. Ltd. co. for ten months Rs. 30,000/- p.m. [ Included Conveyance Allowance Rs. 800/- p.m. & HRA Rs. 7,200/- p.m. ]
His LIP is Rs. 27,744/- & His tution fee is Rs. 7,200/-.
He pay Rent 7,000/- p.m.
Pls. calculate TDS.
Thanks in advance
I am waiting for your reply.
Mukesh Kumar
Delhi


lucky
28 May 2009 at 13:21

Exemptions for MBA to do CA?

hi....

my name is shubhangi.....i hv completed PE-I....i m giving PCC june 2009 exam...

apart from dis i m doin MBA full time...after PE-I....due to sum reason i was unable to complete CA....meanwhile i cleared CET n got admission for MBA....nw i wanted to do CA...i hv heard that similar to ICWA....if any professional like MBA....wants to do CA...n if he is working in a co whose annual turnover is more than Rs 5 crore....den there is no need to do articleship for such student...as he is a professional....n he'll be given certificate of completion of CA after clearing the exams....

i just wanted to confirm dis....

are there any exemptions for MBA....


R.S.Vishnu Kumar
28 May 2009 at 13:20

capital gains

a share holder of a company who holds majority of shares in a company wants to transfer 50 % of the shares held by to another person. Does this transfer attract the provisions of Capital gains? (the above mentioned shares are equity shares)


hemal
28 May 2009 at 13:14

Section affecting Donation

Sir,
i m in audit of one listed pub. ltd. company. The co. has made donation app. exceeding 120000 in year to different clubs, societies etc.
what r the provision affecting this?


CA. Tarun Navlani
28 May 2009 at 13:02

Advalorem CVD Rate

Hello,

Does the notation "advalorem rate of CVD" include education cess on CVD? Or is it just the basic rate of additional duty of customs?
My question is with reference to the formula given under rule 3(7) of CENVAT credit rules which restricts the cenvat credit on inputs acquired in DTA from 100% EOU.


Vijay Mishra
28 May 2009 at 12:57

Service Tax on Commission recd.

Dear Sir Ma'm
I am Vijay Mishra, working with Minar Travels (I) Pvt Ltd. I have asked the same query some days before, but till date i have not recd proper answer. My question is like this :
We provide hotels to our guests. We receive commissionable rate as well as net rate from hotels. If the bill amount of Hotel is Rs. 5000/- ( Bill amt- Rs 5500/- Less commission Rs. 500/-). Should we charge service tax @ 10.3% on Rs 500/- and deduct the same from the payment of hotels ? Please reply me soon, as the matter is already delayed. If yes, please givr proper reference.

Regards

Vijay
9810822365


eklavya
28 May 2009 at 12:55

november attempt

gud afternoon
plz tell if the attempt of november being shifted to december or not
plzz tell


eklavya
28 May 2009 at 12:50

ipcc

gud afternoon
can u please tell is exemption is allowed in ipcc if a student secure more than 60 marks in a subject but fails in that group??