CAN ANYBODY PROVIDE ME THE CASE LAW OF CIT V ROBERTS MCLEAN & CO LTD (1978) 111 ITR 489 (CAL).

A contractee gives a contract to the Principal contractor. The Principal contractor delegates some part of the contract to the sub-contractor. The contractee deducts TDS on the payment made to the principal contractor. The principal contractor deducts TDS on the payment made to the sub-contractor. Here the Sub contractor pays VAT @ 5% under composition scheme. Whether he can claim refund of TDS from the main Contractor.
If yes, please provide the procedure for the same.

Dear Experts,
our copany has contract with a consultant for providing professional service to company. contract amount is Rs.10lacs now he is claiming reimbursment of travelling exp for site visit and as per contract company will be reimburment such exp.
travelling exp bill amount is Rs 15000/- should we deduct tax on its or not.

thanks
Ravinder

hi friends i am working in iron & steel co.i have one doubt that cenvat credt for jcb proclainer it taken or not . it is mainly used in our plant. pls clarify this matter.

thanking you.
mahender.
my email.id. manilalitha25@yahoo.co.in

Hello
I have qualified ca final exam and my article training will be completed on 20.03.2009.

is better to join residential programme or GMCS for me.

hi.

I want to know which are rbi norms to be followed in order to avail foreign loans (ECBs) by an indian company.Please also provide the RBI circular stating it..do reply fast , as its urgent...//


regards,
Tarin Shah

Hello, Please let me know what is the means of Manager under the companies Act? is this term include the Whole time Director also?

Is there any minimum fees for doing Statutory audit?
as I come to know that minimum audit fees should be Rs.5000/-

Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.

As per the provisions of section 77B of The Companies Act 1956 a Company cannot Buy-Back its Shares throught any subsidiary comapny including it's own subsidiaries.
Can anyone please explain me the logic behind this amended provisions as to why law has specifically prohibited the buyback through such mode?