A company is paying hotel rent for its customers and some delegates.

should tax be deducted at source?

if so, under sec 194I or sec 194C

Sir,
A Pvt.ltd Co. Paid Commission to the person of nepal.( On Import).
The person of Nepal Raise the Invoice Along with the commission payable to him(i.e sales value & commission).So can we be liable for Deducting TDS on Commission (I think we are liable)But under which Sec. and By what rate..Becoz i had also Seen DTAA with Nepal but i did't find the rate.
1 More thing sir, is there is any norm regarding TDS charged if & only if the Amount of Commission exceeds certain amount.
Please Help me out Soon Sir.
Thank you Sir.

Sir,
A is the Co. whose investment is in B co.(100 Share) had received the Bonus share (50 Shares).
The value of 100 shares is Rs100000.
when bonus received No entry has been passed.
Now A co. had sold the initial 100 shares @1000/shr.(at cost,No profit No loss).At what rate or price A co. Shows its remaining Bonus Shares(50 shrs).In short What value we show in Balance Sheet regarding that 50 shares.
PLease Answer.
Thank You.:)

An entity registered under STPI scheme has not achieved the export turnover obligation.
Customs duty was waived for the unit for the import of capital goods under STPI regulations.
What is the maximum liability the unit has to pay to the customs department for non fulfillment of export obligation?

(1) A payment was made for office
decoration to one party without
deducting TDS in the yr ending
31.3.06:

Is TDS liability there?

If liability- whether the same
can be deposited now with
interest?

If deposited now how the
expenditure disallowed can be
claimed now?

(2) A contractual amount is paid after TDS to a party for data Access on yearly basis and debited in full in the yr of contract in the month of July every yr. In scrutiny, part of the expenses for April to June for next yr disallowed. What is to be done?
Filing of appeal or filing revised return for next year which has already been processed for refund?

1.Do we have to study Standards on Auditing (SA's) or AAS for the May '09 exam CA PE-2

2.AAS-6 "Risk assessments and internal control" is withdrawn after issuing SA 315 & SA 330 so when quesion is asked from these topic "internal control" which is to be given reference.

3.what about new SA-240 which effictive from 1-april-2009 ,will this be relavent from may 2009 for PE-2

thanks

When is Internal Audit mandatory? Is there any criteria for a company to have internal audit system?

How to prepare BRS for transactions containg 3500 in a month Is there is any simple techniques to do that type of work?If there plz suggest me?

hiii to all my seniors... m a PCC student.. m gng to write my exam in may.. i had started my prep just 3 months ago.. m 50% done with ma all practicle subject i.e. cost, A/c, and Tax.. but theory is untouched so far.. as the exam are approaching m getting very tensed about Law, Audit, IT n SM.. i want suggestion from you what strategy should i adopt to get rid off all theory subjects in 3 months and give at least one more revision to all practicle subjects before sitting i in my exam,, my practicle concept are strong enough to get pass but m very scared of theory as my presentation is also not so gud..plz advise me what to do should i go for one group? but i m in favour of giving both group toghether.. what is ur opinion

It has not yet been decided by the Council of the Institute regarding the exams of May 2009, whether to conduct in May or June.. An announcement was posted on ICAI.org today to clarify this issue, but still the confirmation has not yet been disclosed..? Does any one knows what was the true position to postpone the exam from may to June?Can anyone help me in this regard?