If we are making any of the payment to travel agent who is booking ticket on behalf of our company as per our request , our company is semi government company.
so transaction as first he is booking the tickets & than he is sending a invoice to company, as cost of the ticket for no. of persons tickets booked as per location given plus his service charges & service tax as per applicable rate.
& yearly company paying to such travel agent more than 10 lakhs for such service.
so, we want to know whether TDS applicable to him or Not & if applicable than under which section?
Also suggest whether company want to entered with him contract agreement or not for such kind of transaction.

what are the tax slabs applicable for ipcc may 2012 exam??
and are tax slab chages the only changes in syllabus from nov2011 to may 2012??
please let me know.

i have noted the change in services covered for ipcc may12. are there any changes in VAT??

Very urgent please help me
One of the employee left our company with out any notice period.As per our company policy we will deduct 15days salary from his total salary.He has the following dues from the company.
Earned Leave : 18000
Bonus : 8000
Salary : 3000
We need to deduct Rs.16000 from his account because of not giving the notice one month before.How we have to treat the Rs.16000 in our books of accounts.

Dear Experts

We have to issue Salary to out Foreign Director from January of Rs 2 Lacs per month.

Ie for 3 months 6 lacs.

Kindly suggest how much we have to deduct TDS and Filing of ETDS

Thanks in Advance

Dear sir
Kindly confirm if tds will be applicable while making payment to coast guard of india, if yes then kindly provide with the circular details

regards
atul

one person has deposited in his saving a/c say 5.00 lacs on 1 march, 3.00 lacs on 2 march 2011(i.e. total 8.00 lacs ).
total deposit during 10-11=8.5 lacs
on 30 march 2011, he withdraws 7.00 lacs.

this 8 lacs is out of sale of agriculture land.

deposit was made to satisfy the home loan lender that borrower's contribution is ready.

then after obtaining homeloan, whole 8.00 lacs used to purchase home.

whether any tax liability arise ?
whether we should/ have to show sale of land & purchase of property in return (ITR) or there is no need.

pls help.

Hello Dear All,

I have a query regarding TDS Default notices.

A client has received a mail about TDS Default. On downloading the Default file from TIN website, I found that the Department has taken Due date for TDS on Credits/ Provisions made on 31 March as 7 April instead of 31 May & demanded Interest. Now I want to know what should I do & to whom the reply letter has to be written?

Thanks in advance.

Dear Sir/Madam,

My sister advised by her office to invest around 60K to save tax of around 6k now my quary is whether to go for such an investment by withdrawing her FDs or she should pay the tax?

If to be invested what are the best ways so that money would be available in around 2-3 years

Thanks

Dear sir,

Whether LTCG exemption could be claimed for listed shares sold through private arrangement / inter se transfer among promoter group through off market method?

If not possible let me know other alternative ways to claim LTCG.

Kindly suggest me...!

Regards,

A LTD, A HEALTHCARE SERVICE PRIVIDER, HAS OBTAINED A SPECIALISED MACHINE FROM B. LTD. FOR PROVIDING THE TREATMENT TO PATIENTS.

THE AGREEMENT BETWEEN A. LTD. & B. LTD. STATES THAT THE FEES RECEIVED FROM PATIENTS WILL BE SHARED IN A SPECIFIC RATIO. I CASE THERE ARE NO PATIENTS FOR A PARTICULAR MONTH, THEN THERE WOULD NOT BE ANY PAYMENT TO B. LTD.

IS A. LTD. LIABLE TO DEDUCT TAX AT SOURCE AGAINST PAYMENTS MADE TO B. LTD.?

UNDER WHAT SECTION?