what is the section 37 exemption for corporate companies. how much limit in section 37. please give me the full details of section 37 of income tax act for comapnies

Dear Sir,
I am working in a trading co recently established in India. So far we have not started our business in India. At present we are providing services (getting orders, co-ordinating with customers etc in India) to our Holding Co in Singapore and charging service commission on the same. Do we require to register under Service Tax? when? Is there any time limit before which we have to register for eg if we have raised D/N in the month of Dec 08 then we have to get registered within 30 days? If yes do we have to raise D/N including Service Tax?
Kindly reply

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?

Is this Compulsory for every Director of the Company to give notice of his interest every year pursuant to sec 299 of Co's Act,1956 or if yes, in which month it is to be given?

Hi can anyone help me out..


Mr X a citizen of India, was employed in UK and 'visited'for 2 months for not employment purpose but for personal purpose.

Later in the FY, he was deployed in India
for 6- 7 weeks as a part of employment.


Please can you help me whether he will be covered under the explanation 6(1)of the Indian Income Tax Act `1961


If we count the no of days in India for personal visits then he will be resident if Explantion 6(1) of the Act

Hi can anyone help me out..


Mr X a citizen of India, was employed in UK and 'visited'for 2 months for not employment purpose but for personal purpose.

Later in the FY, he was deployed in India
for 6- 7 weeks as a part of employment.


Please can you help me whether he will be covered under the explanation 6(1)of the Indian Income Tax Act `1961


If we count the no of days in India for personal visits then he will be resident if Explantion 6(1) of the Act

a pvt/public co can become a partner in a partnership firm.

or pvt/pub co can form a new partnership firm.

rds
caranjeet singh

Dear Sirs,

If a company allowed their employees for individual mobile connection having CUG facility & mobile company generate 1 bill for all employees which will deduct from the monthly salary of employees & employer will pay thru cheque to mobile company then in this system employer will be liable for pay FBT tax ?

Please advice.
Thanks

Sir,

Are we liable to deduct TDS on the payments made to Hotels and restruants if the payments exceeds Rs 20000/- per bill. For example if some one goes for a business trip and book a lodge/hotel room for 2-3 days and the bill for the same exceeds Rs 20000/-. So, is it our responsibility to deduct TDS on the above mentioned bill or not. And we take cenvat credit for the service tax charged on it.

IMP:- There is no such contract with the party for hiring of rooms.

Kindly reply to the query.

Hi!!

I have my Finals due in November and i m really confused regarding my preparations relating to Audit , Law & MICS.

So how should i prepare 4 these 3 subjects and whose notes can help me out.