Goodmorning Sir,

My firm is a Partnership Firm name Premier Tools,

I Purchase Bills of Labour Charges I Have to Deduct a TDS for FY 2009-10 From April to Date Bills are allready Booked on Bill dates Please Say me at Wtat rate should the TDS Deducted I Purchase Labour Charges from Tirupati Enterprises he is a prop Firm At what rate should TDS Deducted for April to Sep 09 and from Oct what Rate.

Whose nature should be Consider for TDS (Creditors OR Our Firm) please clear the consept.


Regards

Survesh

Dear All
Can any body tell me any refernece book for gaining knowledge for system control.For example in case of sale what control system must be presents.

Comment on the following situation:

XYZ Ltd. Co.gave a donation of Rs.50000 each to a charitable society running a school and a trust set up for the service of Blinds during financial year ending om 31st March ,2009.The average net profits of the company for the last three years were 15 Lakhs.

My father got some property which was bought by his ancestors before 1981. My father sold some of it and invested in another property which is owned by him. He at that time used capital gain tax exemption.

In May 2008, he sold rest of his ancestral acquired property and all the money received by it, he transfered in another property, which is booked in my name. I am his married daughter. I am buying a flat, and in that he gave me that money. The property which I am buying is still under construction and is not registered. It is a builder flat, which will be registered at the time of possession, it is only booked in my name.

Ihope I am clear. Please let me know, is my father liable to pay capital gain tax. AND IF IT SO then what is the procedure of tax calculation. Please reply as early as possible.

Regards

What is the ceiling limit of ana audit by a chartered accountant & how many tax audits can be done by a chartered accountant.
PLZ REPLY IMMEDIATELY, IT'S VERY URGENT.

THANKING YOU IN ADVANCE

Hi,

What is the difference between Audit Certificate & Audit Report?

Is it neccessary to comply the Audit Certificate and Audit Report to all companies.

If Yes kindly reply under which cluase it is applicable.

P, the first Auditor of XYZ Ltd. resigned as Auditors of the Co. Board of Directors appointed Mr. Q as statuary auditors in their place . Comment

Sir,
If u reimburse expenses amounting above Rs. 20,000/- to tempo or lorry to the party from whom u purchase goods & on the same goods u also pay VAT/CST. If there is no seperate bill provided and reimbursed expenses are included in the purchase bill will it be feasible to deduct T.D.S on the whole bill,since there is no work carried out by the party and we are just reimbursing the expenses that he made on our behalf. Should we deduct T.D.S. on the same considering it as work carried out on our behalf

In a private limited company, one among the two directors would like retire and come out of the business by settling his portion of liability, the other one would like to continue the business. how the money has to be brought in.

Sear Sir,
I want to form partnership firm with my CA friend.What is the procedure for it? How is it different than normal partnership firm formation?

My friend also want me to surrender my personal practice.In his view a CA firm do not get Bank audit if at least on dedicated partner is not in the firm. He is having his big personal practice too. Is he true? Can i do my personal practice too ?