Is tax audit compulsory for companies even if the turnover doesnt exceed Rs.40 lakhs.

can a holder of part time COP become a FCA after holding 5 years this &
what types of works he can do after holding this type of part time cop &
can a full time employee in a co. hold part time cop?

Sir,

Please let me know that if a company hires buses for its employee commutation and payment is made to the traveller company. Is it liable to FBT or not.

What is the WORK CONTRACT under VAT act ?

if tds deducted on work contract under VAT act. is it nessory to deduct TDS under INCOME TAX act.

I want to know how to calculate set off against rule 53 of mvat.

kindly also give me the formules for the same as soon as possible

one indian company receiving services from a foreign company and all the service tax liability was born by the representative office situated in india of that foreign company.
Both companies entered into an Agreement in case of new project;and as per a clause in that agreement all service tax liabilty will be born by that representative office.

indian company open a project office which was registered under service tax act, for the above project.

as the representative come to know that the project office is also registered with service tax department, they refuse to bear service tax liabilty.

is it be possible?

and if it be, then please tell me that is there any provision that indian company raise an invoice to the foreign company of service tax payable and after receiveing the amount of service tax from foreign company they make payment to govt.

Hello,

For registration of partnership firm, I have got the following documents ready viz:
- Deed of partnership (duly notarised)
- Copy of partnership deed (in Marath)
- Form A
- Blank stamp paper of Rs 50

Do I need to get any other documents done? Am i missing anything?

Help appreciated.

Thanks

What is the WORK CONTRACT under VAT act ?

if tds deducted on work contract under VAT act. is it nessory to deduct TDS under INCOME TAX act.

Dear Sir / Mam

I am working with a travel agency. We deal in inbound & outbound tours. Some times we receive commission from Hotels & sometimes we receive net rate. Should we charge service tax on commission amount, recd from hotel ? Please help. This time we are already charging ST on commission amt.

Regards
Vijay

Dear friend,

is the tds calculations changed for the ay 2010-11