is tds applicable for contractor in this case ?

for eg. on date 08.01.2013 party raised three difference invoice on same day of three different shipment of rs.

1) 25000
2) 25000
3) 24000

is tds applicable ?
beacause the threshold limit is
30,000 ( single transaction )
75000/- ( aggregate during the year )

expert pls reply

Dear All,
I want to know whether we can claim input on service tax paid at 1.24%.

Dear Experts,

I am in a great confusion in respect of Abatement given in Notification 26/2012 in Service Tax. As per notification the abatement is available if the condition is satisfied.

Now, I want to know whether this Notification is applicable for Reverse Charge mechanism and how much Service Tax will be paid by me on Reverse Charge of GTA.

And if this notification is applicable on Reverse Charge also then will I have to pay @ 25%?

Regards,
Nitin Panthri

Pls tell me what points should i have to chk in TDS Return 26Q in Internal Audit, if possible kindly give checklist.
Thanks

tips for self study. and how to do study by self study. with using Author books.

Dear Experts,

There is a one director of a company is being declared defaulted at mca site for non filing of balance sheets from 2008-09. and he is also director in other 3 companies. when we are filing balance sheet of other companies the mesg showing director is in default.. so how to rectify this mistake.
Can we file the balance sheet from 2008-09 in that co. in which he made a default. and also can he sign the balance sheet of defaulting companies.

Please guide me in this regard.

Thanks in advance

Best Regards

HELLO SIR,

We have taken a loan in foreign currency and entered a currency swap agreement(interest & principal fixed in INR). How the accounting of this will be.

For eg.
Our foreign currency cost is 10000 USD * 50 = 500000 and INR cost is 2000000 then how should we treat extra 1500000 cost. whether it will be treated currency swap cost separately or it will treated interest cost as our interest cost is fixed.

Is there different accounting standard for accounting of this type of transactions.

Kindly clarify.

Thanks

Gorav Goyal

Dear all

please advice what date should be mentioned in form 23AC and ACA under Board of Directors resolution, if there is no specific approval taken in the board meeting for filings with ROC.

Should the date of board meeting before AGM be mentioned?

Sir / Maam !!!
Please provide (AMENDED+COMPLETE COVERAGE) easy & short notes on PF & ESI.

Thanks in advance....

Dear Sir/Madam,

As per Notification No 30/2012-Service Tax dated 20th June 2012, recipient of manpower Supply service have to deposit 75% of service tax by itself.

our one of a client is a government organisation which receives service of Manpower supply then whether it has to deposit service tax itself and what will be the procedure.