Please help whether TDS is to be deducted on the value of subsidy on food facility during the office hours in the premises of the office. For Example If the Cost of the food is 45/- and is given at 10/- so would Rs 35(45-10) be treated as Perquisite and will be subject to TDS.

Please also refer the section or case law

Hello sir/madam
I have a property (long term)other than residential property which i want to transfer. i also own a residential property in delhi (long term) and 50% share in residential property in jaipur (long term). if the full sale consideration realized from the sale of property, i invest in acquiring other 50% share in jaipur's property then will i get the exemption uder section 54f.
THANK YOU

service tax on rental services rced for the yr 2011-12 in 2012-13
how to pay?
in single return of the quarter oct to dec 2012 and show the amt of last yr in arrears or
file separate returns for 2011-12 last quarter(10 lac limit crossed in 2nd qr ) and
this yr return for all quarters til now???
kindly help

We had cenvat credit in excise regarding service tax paid by us on services bill charged by the party. But the dept send us the intimation that the service tax will not be available as cenvat credit as bill was addressed to our head office address. They told we do not have ISD (Input service Distributor) registration as we two unit in kolkata. So any bill in the name of head office should distributed to both the units. So if any circular or any case law is there where any service tax bill in the name of head office should be taken as cenvat credit in any one of the unit.
please clarify me in this regard

DEAR EXPERTS
IT IS A UINQUE QUERY - PLEASE HELP & SOLVE ASAP.....


I WANT TO KNOW....WHETHER PRIVATE COS CAN OUTSOURCE THEIR INTERNAL AUDIT FUNCTION TO ANY OUTSIDE PERSON WHICH IS NOT A CA FIRM (AS THERE IS NO SUCH REQUIRING PROVISION TO APPOINT ONLY A CA FIRM)


CASE: -


A PRIVATE COMPANY DOES NOT EMPLOY ACCOUNTING STAFF DUE TO LACK OF SPACE & OFFICE IT OUTSOURCES ITS ACCOUNTS FUNCTION TO SOME OUTSIDE ACCOUNTANT WHO IS NOT A CA BUT RUNS HIS OWN ACCOUNT WRITING FIRM FOR VARIOUS PEOPLE....


1) CAN THIS ACCOUNTANT / ACCOUNT WRITING FIRM ALSO UNDERTAKE INTERNAL AUDIT OF SUCH PRIVATE CO.


2) IF NOT CAN THIS ACCOUNT WRITING FIRM UNDERTAKE INTERNAL AUDIT OF SOME OTHER PVT CO. FOR WHICH IT IS NOT WRITING ACCOUNTS


IS IT TRUE THAT FOR BEING AN INTERNAL AUDITOR OF A PRIVATE LTD CO. IT IS NOT NECESSARY FOR ONE TO BE A QUALIFIED CA....AND ONLY KNOWELDGE & EXPERIENCE OF AUDIT & ACCOUNTING FUNCTIONS & BUSINESS OF CLIENT IS MORETHAN ENOUGH IF BOARD DEEMS FIT?


THIS QUEST IS SPECIFICALLY FOR PRIVATE COS...& NOT PUBLIC COS (WHERE CA FIRM IS APPOINTED AS INTERNAL AUDITOR)....


THANKS & REGARDS REPLY AWAITED..

I want to know that is there any stamp duty levied on allotment of shares in a company, if yes then what is the rate of it and what is the procedure to payment of it , is it payble manually or online?

Sir,

I want to know the procedure to incorporate section 25 company step by step and could you please tell me the which form are going to be filed in the incorporation of setion 25 company.

We are manufacturing of Cotton Knitted Hosiery Garments which is Excisable Goods.
And we are having waste fabric in small pieces but not in garment form. Can we pay central excise duty or not ?

Our company have a factory, registered in excise, manufacturing product covered in N/N 1/2011 i.e. non cenvatable item due to paying 2% rate of duty. We want to start trading of an item covered under chapter 26. We will not receive canvatable invoice neither will issue cenvatable invoice for the new item. Now i want to confirm that whether we will have to maintain seprate book of account or not as we do not avail cenvat on RAW Material for both the item? we will have to intimate to department or not? whether we can use seprate invoice book for both the item?
plz reply

Dear Sir,
There is partnership firm having 3 partners. One of them have passed away and rest two partners are willing to carry on the firm.
Now please advise me whether the old PAN of the firm will work onwards?
or
They have to get a new pan no.
Please advise me.