Halo Sir/Mam,

A Private company in which i m auditing is using the House Property of the Directors & in return the company is paying all the maintenance charges of the property in lieu of Rent.

So company is not paying any rent to the Directors but it is paying all maintenance charges of property.

Pls. help with a Case study,if possible, whether it is legal or it will be disallowed.
Thanks

MY client is a company assessee and hav reimburse expenses to a person who is not an employee of the assessee for travelling foreign and these expenses are incurred for the purchase of goods for the assessee whether these expenditure are allowed under Income Tax Act 1961 (Fully or Partly) Please specify the section under which it is allowed.....



Make me clear that as these expenses are incurred for foreign travelling and for a person who is not an employee of the assessee.........

Please Post your valuable suggetions as Earlier as possible........

Sir,

A Manufacturing company ( Engineering Product), purchases from Local Registered Dealers instruction Manual accompanied with the product sold. The product is not marketable without the manual.The Manual is not seperately charged. Can the Company eligible for claiming Input Credit under TNVAT Act.

Advance Thanks,

Manikandan.A.V

Hi
We are 100% EOU of Computer software and receiveng services and Paying service tax on input serives,
I want to know on which input services we can claim refund for Serivce tax. because service tax officer is saying we can claim only Under Notification No.17/2009 New Delhi, the 7th July, 2009 on specified services i.e only 16 Services.
if not than please mail me relevent required notification or material so we can claim service tax refund.
ravisodani_ca@rediffmail.com

Thanks in Advance

IF I HAVE ISSUED CHEQUE ON 26/03/2009 FOR INVESTMENT IN NSC FOR CLAIMING DEUCTION U/S 80C BUT NSC IS ISSUED BY POST OFFICE AFTER CLEARING OF CHEQUE I.E.8/04/2009 KINLDY GUIDE ME WHETHER IT IS POSSIBLE TO AVAIL DEDUCTION IN F.Y 2008-09

Sir,
My Tenants have paid a TDS for yr 2008-2009 at the rate of 2% of Rs15000/-pm for the first time.My tenants have provided me Form 16A.what is the procedure to submit this form? and for this financial year{2009-10} i being exempted from TDS.So,will the TDS paid for last year being Refunded??

Hii...

please advice is disallowance u/s 40A-3 is applicable in case of reimbursement of expenses exceeds specified limit of 20000/- against various vouchers paid in cash..

Regards,
Priti

Hi,
Can somebody tell me what is the TDS rate applicable on Internet Leased Line & Why ?

Thanks & Regards
Ami

Dear Friend

I would like to know,
1. wthether F&O,future option trading is speculative business or not

2.If there is loss under above case then TAX AUDIT is require.

3.If one F&O value is more than 40 Lacs whethe TAX AUDIT REQUIRE.

I have 2 query

1. If a dealer gets a order by a third party and the dealer has to pay the commission to the third party, whether TDS had to be detected from third party commision. If Yes what is the TDS Percentage.

2. If the same dealer gives the commission in form of gift articles to the third party, then any taxes is applicable for the third party. The dealer can accept the bill as expenditure for the gift made to third party.