Hi Friends,

We do not have 2 years original copies of Import Bill of entries to make the payment to our intercomapany but our banker is not ready to process our payment without any valid BOE documents but we have all the Photo copies of the same but banker is not ready to process our payment based on photo copies. Kindly suggest any other solution to this problem,

Thanks
Guruprasad

Dear Sir,

When we require to issue Form C ,H,F , E I & E II ? Please explain in detail.

Dear Sir,

We have awarded a civil contract to one of the party for construction of our plant. We are supplying them cement & steel by purchasing it from respective delears and billing for the same is done in our name.
My question is whether we require to deduct TDS on payment made for cement & steel ? If yes , under which category it comes and at what rate?

I just want to ask if I am paying Technical Assistance fees to Some XYZ Co.having their H.O.(based) in Japan then do I have to deuct TDS ? If yes then what will be the perentage and under what section I have to deduct and how to file TDS return for that?

My friend is going to receive a motor accident compensation from the court,but his claim amount Rs.2,00,000 and interest for the past 4 previous years around Rs.50,000 , is there any way to receive the payment without TDS.Kindly clarify sir.

If a companty deducts TDS from an employees salary much less than his actual liability, who will be liable for this? Will the employee required to deposit the balance amt or company will be liable to deposit it?

I have 2 queries -
1. We had appointed a company in Japan ((as Protective Assayer)to do sampling and analysis of our cargoes which was being discharged at a port in China. Now, we need to remit fees to the protective assayer in Japan from India. Do we need to deduct TDS? FYI, none of the companies in India who are in similar trade deduct TDS.

2. When we sell goods on FOB terms to a company in China, the ship (vessel) is brought in India by the Buyer (in this case a Chinese company). For any demurrage on the vessel i.e. demurrage payable for delays in loading, do we need to deduct TDS?

First i have dedcuted TDS in Sept 08 and deposited TDS amount in June 2009 along with interest 94C

Will the expenditure be doisallowed as there was late payment

Secondly i have deducted TDS on 31 st March and deposited TDS in July 2009 along with interest

Will the same be allowable or disallowed by income tax due to late payment

My Querry is can we take basic exemption for income falls under short term capital gain ?

whether we have to consider salary & TDS details of previous employer of our employee while preparing form no 16.that means we have to includes all figures of previous employer while preparing form no 16 for my compnay