the person dealing in agriculture products like mirchi, jaggery etc & the same is purchased from the farmers on behalf of the client & dispatch the same to the client. whether it would attract service tax under business auxillary service or notification no 14/2004 will apply.

Fringe Benefit Tax is applicable for individual of partnership firm? and what is the critarea of Fringe Benefit Tax for individual of partnership firm?

I am working with manufacturing Industry.
I am confused for CPE requirement.Pl.cleary tell me difference of CPE requirement for CA working in Industry(not holding COP) and Practicing CA. CA working with Industry are required CPE compulsory or not compulsory.

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?