One of my client provide two type of service in two name Placement service and Loan Consultancy service. He has service tax no. and already file service tax return of placement service provided by him ( Rs. 50000 service provided ) now he already provided Loan consultancy service around Rs. 180000 is he Liable to pay service tax on 180000 loan consultancy service

I have a query regarding Ceiling on the Number of Audits..
i know the limit is 20 (excluding pvt ltd companies etc) for a partner but in my firm the partner easily signs more than 20 audits.. the ICAI also has an announcement saying company audits will be max 30... but here too my partner signs more than 30...
also can someone explain that if there are 5 partners in my firm the max number of audits would be 100 but is it restricted to 20 per person?

Hi all,

Where we have to disclose the actuarial losses or gains... as per Acocuinting standard AS 15

For whom is it necessary to maintain books of Accounts?

I am a state govt.officer.During financial year 2008-09,I have recieved salary from apr08 to jun08 only.since then I have not recieved salary as the govt. has not given postings to me untill now.I am not sure about getting salary for the balance period till I get my postings.As my income during fin. year 2008-09 is less than Rs 1.50 lakhs(as only 3 months salary recieved),do I need to file returns for assesment year 2009-10.If and when I recieve the arrears for the period jul 08 to mar09(if the govt. sanctions the period as duty),can I include this arrears in the income of fin.year 2009-10 and file returns in assesment year 2010-11,by claiming relief under sec 89(1)

Is payment made to Clearing & Forwarding agents laible for TDS. IF so, on what portion. whether on service charges only or full amount.

Hi all,

My client got the actuarial report from independent professional for leave encashment and for grautity. So as an auditor is there any need to verify that or can we rely on the report. I hope u got it. pls do the need ful as early as possible

Thanks in advance

Hi all,

There is manufacturing company. Goods are removed by payment of duty but the same were rejected by customer as it is not as per his specification.So, how we have to treat the returned good.Can we get back the duty what we paid on removal.

Thanks in advance..

an indvidual resident in india getting dividend from australian company after deducting tax, whether its taxable in india, DTAA with australia not so clear, awaiting the answer

Respected Experts

In my company a person working as salaried employee for first eight month of FY 2008-09 and in remaining 4 month, he promoted as Store manager (Labour Contractor)and we paid remaining 4 month amount as contractor and deduct TDS on Contractor. Which ITR Form we used to file his return.