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archana shah
25 April 2009 at 12:02

first agm

what will be the date of first agm if the co. incorporated on 31.03.2008 as per the provisions of the section 166 and 210 of the companies act, 1956


Abhishek Ranjan Singh

If i am paying rent than tds will deduct after adding service tax or deduct before adding ST. if deduct before than ST will charged on which amount?


Kinjal Pradip Sheth

HUF has acquired a plot of land. Memorandum of Understaing is made between HUF & its Karta whereby HUF has approached Karta for construction of residential building on the said plot.

Terms & conditions of MOU are as follows ;

1.The expenses related to the Development of said Property shall be totally borne by the Karta.
2.Karta shall have right to sell the flats to the proposed buyers at a price to be decided in consultation with the HUF.
3.HUF in return shall shall part with 15% profit on sale proceeds of each flat as Development right to Karta
4.Karta has assigned all their rights, title or interest in the said plot.
5.Karta shall cease to have any matter of any rights, title or interest in the said plot.

Please suggest accounting in case of both i.e.HUF & Karta.


Ajay Kumar Choudhary


We would like to know the expert advice that as per recent order service tax on renting of immovable property has been abolished.


harijot
25 April 2009 at 10:41

Regarding Pass Certificate of Pcc

hello friends...
i have cleared my pcc xmas which were held in Nov,08


santi mallik
25 April 2009 at 10:36

Service tax on food bills

Dear Sir,

Is service tax applicable for food bills provided by Hotels or catering services.


Santi S. Mallik
(Internal Auditor)
Cell:9426699058
Adani Power Ltd.


Mohammed
25 April 2009 at 10:25

TDS deducted on which payment?

Dear Sir,
I watn to know abt What is TDS rate on payment made and TDS deducted on what payment made.


P.Bhat
25 April 2009 at 09:55

Provident Fund

We are registered Pvt company in Bangalore. We have registered under PF from 1.4.2007, where there was an strength of 21 employees an. And it was varying down and up (like some months 25 employees or 18 employees).

After some time the Employees who covered under PF, left from Job and strength of PF covered employees were only 8. But company's employees strength was 22. And they were deducting PF only for 8 only.

Presently the Company's employee strength is 16 and employee covered under PF is 6. And PF contribution from Employer also 6 only.

1) Please guide me whether the PF is applicable to all employees or who get registered under PF at the time of First Registration (1.4.20007)
2) Present strength is less than 20. And employee covered under PF is 6 only. Others also eligible for PF or not.

Pls reply at the earliest.

Thanks & Regards
P.Bhat


chetan
25 April 2009 at 09:42

fbt

what is mean by leased line in relation to telephone expenses covering in fbt?


P.Bhat
25 April 2009 at 09:16

Form F in Karnataka VAT

We are the Authorised Dealers of TATA Motors in Karnataka.
We use to send the Engines from Karnataka for recondition works through Form 505 / Form 515 to U.P. or Chennai.
We receive the reconditioned Engines from U.P (TATA Motors) or Chennai (TATA Motors) to Karnataka through Sales Invoice (mentioned "Transfer to Agent against Form F")

Now the U.P (TATA Motors) & Chennai (TATA Motors)are asking for to present "Form F" against the transactions.

Please not this is not Branch Transfer. We are the Agents and not a part of TATA Motors.

Hence, please suggest
1) We have to issue "Form F" or not,If yes What is the procedures to get the Form from the Department (We have not declared the transaction Values in VAT 100)
2) From Karnataka we have also transferred the Engine to them. They are also eligible to issue "From F" or not. If Yes, what is the procedure.

Pls reply at the earliest. Becz We've to take action with in 30th of April.

Thanks & Regards
P.Bhat







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