Hi guys

A product is imported form Nepal into India through GTA - Frieght amount is paid by the nepal supplier who is a company .

Who is liable for Service tax

1) the Indian Buyer
2) GTA
Plz only answer with provision of laws.

Thanks in advance, awaiting your response .

I have a fd in bank and tds on interest has been deducted @ 20% for not providing pan no. and now how can i claim that tds in my itr because tds in not reflecting in my 26AS.
And also tell me how can i claim refund of that.

What is the value of stamp paper required for preparing a partnership deed in kerala as on 10/04/2013?

X ltd ( payer) pays. Commission of rs 175000 to Mr A ( payee) during FY 12-13 but TDS is not deducted upto march 2013. Suppose Mr A has paid tax due on income declared by him in his ROI on 31st July 2013.
Whether X Ltd eligible to deduction of expenditure. If yes then in which AY 2013-14 or 14-15

Dear Experts, I read a specimen of Power of Attorney where MD was given the said powers.

My query is that who has more powers, the POA or the MD? Whose position is more crucial to the company? The POA or the MD?

also, the numerous powers entrusted in the specimen are by virtue of person being an MD or every POA has them..?

Hii
Can we show investment in JV as loan advances when jv is in the process of liquidation.
Please assist

Hello experts i done my CWA inter group1 exam in Dec 12. But i cant able to clear law paper and no exemption, so i want to write all 3papers along with group2 in June 13 exam. Im working right now in night shift i dont know how im going to clear my exams. So please help me experts.... Im getting fear because of changes in direct tax paper AND im working in night shift... so please please help me experts....

If i wrongly file Form 49 (Madhya Pradesh) and wrongly show the invoice details.
Instead of In form i issued out form,transporter wrongly mention the invoice details on it due to clerical mistake and at the check post,officer imposed penalty on us.There is any way for check post penalty waived,if yes kindly mention the case law.

Sir,

First of all I thank all experts for attending to my query immediately. Though my query could not be solved in toto due to non availibility of information from my side. Therefore, as desired by some of the experts I respectfully to submit following information:

1. That after getting selected through direct recruitment I was considered and taken on deputation as Company Secretary w.e.f. 5-10-94 in the H.P. State Civil Supplies Corporation, Shimla.

2. On joining, I opted the pay scale of the post of Company Secretary in the Corporation and my pay was fixed in then pay scale of Rs. 7880-11660. I completed seven years of deputation in the Corporation on 4-10-2001. I was also getting regular annual increments on this pay scale and pay was also being fixed by the Corporation accordingly.

3. Meanwhile, the Government of Himachal Pradesh vide office memorandum No. 8-17/73-DP(AP-II)-pt. dated 28th June 2001 had changed the procedure for filling up of posts on deputation basis. In the said memorandum the Government of H.P. had also clarified that employees who were on deputation shall continue to be governed under the existing procedure.

4. Importantly, I was working on deputation basis w.e.f 5-10-1994 i.e. prior to the issue of above office memorandum dated 28th June, 2001. There was no change in terms and conditions of my deputation till 4-10-2001.

5. As deputation period was being extended on year to year basis, I was treated on secondment basis against the guidelines issued by DOP from 5/10/2001 till 5/2/2005. My deputation/secondment period with the Corporation was duly approved by the competent authorities regularly and there was no break in my deputation period. I was repatriated to my parent department on 5/2/2005.

6. During this entire deputation/secondment period as Company Secretary in the Corporation, the duties and responsibilities remained the same. However, my salary and allowances were reduced from 5-10-2001 to the pay scale and allowances of parental post which I held in my parent department way back during 1994 i.e. before my selection as Company Secretary in the Corporation. The pay scale and allowances of this parental post was lesser than to CS post and this post was Class III Post.

7. As a result of this decision, situation arisen that though I was working as Company Secretary in the Corporation which was a Class I Gazetted selection post and was getting pay and allowances of this post till 4-10-2001 however next morning I was given the pay and allowances of Sr. Assistant which was class III post i.e. from 5.10.2001 till 5/2/2005. Although, I continued to work as Company Secretary in the Corporation with same nature of duties and responsibilities till my repatriation to my parent department on 5/2/2005 however, difference of my salary as Company Secretary has not been released despite my requests.

8. Since, I opted the pay scale and other allowances of the post of Company Secretary from the day of joining in the Corporation as Company Secretary, therefore for all intent and purposes I was entitled to draw pay and allowances of the post of Company Secretary for which I was appointed and worked there till I worked as Company Secretary. However, no decision has been taken as yet for release of difference of pay and allowances for the said period.

It is also submitted that in H.P. there is no service tribunal. Kindly advice and quote any judgment delivered by the Apex Court in similar nature of case, if any.

Hii
Do we covert our investment in non integral operation at closing rate.. If yes..
Then how we will knock off our investment with share capital of holding company during consolidation?
Is fctr on translation of investment is a part of cost of control. ?