I am working with a foreign firm via their Indian counter-part (some arrangement by which while I work for the foreign company daily I get paid by the Indian firm). Now that they have fallen apart, the foreign firm still wants me to continue working for them.
The question is:
Can I continue to work from home or a hired office without forming any commercial entity and get salary directly from the foreign firm via deposition of the salary in my Indian bank account.
How do I deal with TDS/Advance personal tax in such a situation.

i hav a business of Manfacuring units. What ever amount received from debtors deposited into bank. Every thing is clear cut on sales bills and collection of amount. Apart from business i have received commission from our clients, towards commission for some works. they are deducted TDS at 10.3%. Cheques issued in my name and deposited in my S.B. aCCOUNT I Have to declare this income to department. My question is how include income in business, and while Entering in the software under which head i have to show and profit loss a/c i have to show two account one from buiness and one from commission income. HOW CEN I SHOW?

Dear Sir,
our company Receiving the Foreign Consultancy Services from Spain and Germany Individuals(Not a company in Foreign Country)

Weather the Company in india is liable for Service Tax and TDS Provisions

Pls. Resolve the issue

IS SERVICE TAX PAID ON RECEIVING GTA SERVICE NOT ELIGIBLE FOR CENVAT CREDIT?

Dear Sir,

I am a PIO card holder and staying in India on permanent basis

Kindly inform

1. Can I become a Director of an Indian Private and Public Limied Company, If so what is the procedure.

2. Can I Incorporate and register a limited comnay in India

With regards
Lalit

Dear Friends
Good Day

My Organisation is Corporate. During the F. Y. 2008-09 TDS on Salary and Other than Salary was deposited through our Banker i.e. not on-line.

Is it mandatory to issue the TDS form in New Form 17 instead of form 16 & 16A for the F. Y. 2008-09 or we can issue in old form 16 & 16A.

Further what is Unique Transation Number mentioned in New form 17 and how can we find the same.

Regards
Saran

MY CLIENT WILL BE RUNNING VESSEL OWNED BY FOREIGN COMPANY ON COASTAL TRADE IN INDIA. FREIGHT IS PAYABLE BASED ON CARGO LOADED AND RATE FIXED AS PER CHARTER PARTY AGREEMENT BETWEEN MY CLIENT AND FOREIGN OWNER.
AFTER EACH VOYAGE THIS PARTCULAR FREIGHT HAS TO BE REMITTED TO FOREIGN OWNER.
MY QUERY IS WHETHER WHILE REMITTING ANY TAX HAS TO BE DEDUCTED AND UNDER WHAT SECTION

how to apply a PAN Card of Limited Liability Partnership( LLP).

Sir

We are merchant exporters.

We have cleared goods on ARE1 (without payment of duty) for export.

But not able to export some quantity.

Planning to sell the unexported locally (after paying duty with interest. But the buyer wants cenvatable invoice.

We do not have excise reg. no.

Can we issue excise invoice? so that the local buyer claim cenvat credit.

regards
sundharesun ks

i observe on partnership deed that partners of the firm mutually agrees to pay interest on capital @12% from 1.4.05.
now if some one of the partner withdraw more than its capital than is he is liable to pay interest on drawings.