Dear All,

My client, a private limited company wants to pay GBP 20,000 roughly INR 20,00,000 to a company based in UK. The UK company does not have any PE in India. The breakup and nature of the payment is as follows:

Invoice 1 : GBP 10000 for the following:

On Site 3D Survey
- Site survey works
- All required survey equipment;
drone, GPS and base station
- 3 Trained Personal
- Onsite processing and site discussion


Invoice 2 : GBP 10000 for the following:

Post Production + delivery
Orthographic geo corrected aerial photos for use in GIS software
- Surface model showing all topography
- 3D Pointcloud
- 2D Contour Drawing for use in AutoCAD


My query is that since the UK Company doesn’t have a PE in India, whether TDS will be applicable and if yes, at what rate?

Sir,

I have recipt payment in advance we have deposit tax to govt .but its not sales for the F.Y 2013-2014 when we are booking sales in tally further we have to credit service tax and adjusted with advance service tax paid please suggested to me what is right way of fill st-3 and how to do entry in tally

Sir can yo please tell me when the papers of law,auditing and Indirect Taxes authored by munish banadary sir,vikas oswal sir and V.S.Datey sir respectively can be released for november 2014 attempt.....thanking you in advance.

Dear Sir,

I am working as a accountant & doing CMA-Inter. I will be appearing for Dec'2014 exams. I would like to join the weekend classes of CMA inter.

Pls.guide me for weekend classes for CMA inter in Ghatkopar or Dadar in mumbai.

Pls. give me the names of classes in mumbai.

Regards.

HELLO ALL,
I HAVE A QUERY. IN MY COMPANY THERE ARe lots of DEBTORS(DR BALANCES) FOR LAST 4 YEARS AND LOTS OF CREDITORS(CR BALANCES) FOR LAST 4- 5 YEARS.
IN F.Y-13-14 I HAVE TO SET UP BOTH.CAN IT IS POSSIBLE TO WRITE OFF. IF YES HOW IT IS POSSIBLE
PLZ ADVICE WITH ADJUSTMENT ENTRIES AND ALSO EXPLAIN THE HEADS WITH SECTION.

I DARE TO KNOW.....PLZ

Dear Sir,
We have paid TDS amount for Dec'13 on 8.1.14, delayed by 1day(Actaul Due date is 7.1.14).Now they sent Notice by charging interest for 2 months on late payment of TDS. I contacted Traces,saying that interest chargeable for 2months only but not for 1 month. Kindly resolve my query.

WHAT IS THE RATE OF TDS ON CAR RENTAL , BILL IS IN COMPANY NAME AND PAN PROVIDED IS OWNER'S HUF ?

Dear Experts,

Pls tell me what will be tax effects and formalities in payment to korian consultant.

He is individual and visit india for 2 week in every month and provide services in India.the contract amount is 30 lac $ for three year.
payable 10% on contract,10% after 3 month and remaining 80% in equal installment for remaining period.

Sir I am a CA Final student pursuing articleship and also doing CS executive .I have filled form 112 for permission for doing cs which I got. Now I want to also register for B>com(A&F) from IGNOU so do I register first in B.com and then fill form 112 or take permission first?

Hi

why we are not deducting the TDS On transportation ? is there any particular rule.

If we need to be deduct the TDS, What is the cut off and TDS Percentage please.