So lets see what the quetion is:
Suppose Mr. A has given Rs.10,00,000/- to XYZ P. Ltd., a portfolio management company to manage his portfolio of shares. Now XYZ P. Ltd. charges Mr. A Rs. 2,00,000/- as its expense for running of workstations and salary of employees exclusively set aside for Mr. A's work. XYZ P. Ltd. also seperately charges its fees.
Now my question is that Does Mr. A requires to deduct TDS on payment of the said Rs. 2,00,000/-.also state the section under which TDS is to be deducted.

NOTE: XYZ P. Ltd. is claiming that since it is a reimbursement of expenditure therefore not liable to deduction of TDS.
Thanks in anticipation

Query regarding Rotational Director :

A Public company has :

3 First Directors w.e.f. 01.09.08
1 Director w.e.f. 01.12.08 (EGM Appt)
1 Director w.e.f. 01.05.09 (EGM Appt)

No resignation of directors till date.

How do we determine the rotational directors from the above 5 ?

Await the response.

Query regarding Rotational Directors :

ABC Limited has three First Directors on it's board.

How we determine the rotational director, out of the above three First Directors ?

I look forward to receive the response.

Hi

i want Pf details, how can i calculated when we are paying time for Exm Account No 1 A/c 10 like these
can you heli me

income from other source Rs 50000
Income from STCG(111A) RS 60000
Income from LTCG RS 60000

WATS MY TAXABLE INCOME OR COMPLETION OF MY BASIC EXEMPTIOM LIMIT I CONSIDERED FIRST STCG OR LTCG

if we purchase trading goods in cash for Rs. 20000 in a day frm a single party will this expense be disallowed u/s 40(3).Payment to creditor of Rs. 20000 in cash is allowed or not.

hi ,its urgent plz rpl.
punjab mai mr.A ne apne ctv manufacturer se ctv purchase karne h ye ctv manufacturer pahle exempt tha tax se lakin
notification ane ke baad ab ye mr.A se 3.5%tax charge karega.mr.a ko ye ctv aage sale karne h jinehe vo phele hi commit kar chuke they ki hum tumhe bina tax ke beche gai ie. only apna profit charge karegai. to kya is case mai mr.A apne customers ko tax laga ke sale kare ya purane vale committment price par.aur agar purne vale commitmentie.( bina tax ke ) ke hisab se beche gai to kya hum -ve ITC claim kar sakte hai. plzzz plzzz rpl m wating plzzzzzzzzzzz.thanks in advance

brouht foward business loss of 2007-08 rs. 1250000 & return filed within due date

can the loss set off against salary income
& salary received from partner ship firm in during the year

Can I invest in Agricultural land and get benifit u/s.54 on long term capital gain on transfer of shares.

Hi

I am appearing in CS Foundation in december 2009 I want to ask that I have send response sheets on 18/8/2009 but no reply has come yet from the ICSI and last date of submission of exam form is 25 September .
Please tell me what can i do!!!!!!!!!