B R Ramesh
22 December 2008 at 14:32

TDS on outsourcing

Dear Sir,

We are doing accounts outsourcing I.e
we are placing accountant & assistant in our client place as contract basis. & he will work in the client place only & he will take care of day to day accounts & statutory & taxation.
therefore this kind of services whether my client should deducted the TDS 10.3% (professional)OR 2.06% Contract.


Prashant
22 December 2008 at 14:26

Cosignment Sale

If Co. Transfering goods to his Consignment agent against Form "F", then Consignment agent raised invoice with his name. Can he Add margin in that Value on which he received goods??

If yes, Wht is the max Margin, should it will 200% on Transfer price?


pradnya
22 December 2008 at 14:24

vat refund

one of our client is in business of doing job work of textile(making of clothes)as they dont charge vat on sale of job work .So whatever purchase they are making which is charged with vat .will they get refund for that? The company situated in Borivali maharashtra state


ALPA Sukhia
22 December 2008 at 14:21

Exemption U/s 10B

An 100% EOU unit has made direct exports and also Deemed exports (i.e. export through an export house again an 100% eou unit, under Form H).

Is the deemed export also qualifies for the exemption under section 10B?


Kishen K Warrier
22 December 2008 at 13:45

AS 16 Borrowing Costs

Is Land a Qualifying asset as per AS 16.
Has the council of ICAI issued any expert opinion on this regard



Yash Arora
22 December 2008 at 13:10

Expense off

If the Expense is not Expense off rather it is capitalize for eg: if the car is purchased and insurance charges is capitalized with car but it should ve expense off now wt i want to know, which section is applicable to this and how we express this in Internal audit report


seema singla
22 December 2008 at 13:08

formation of HUF

I want to form a HUF. The members will be my husband, myself and two sons ageing around 7 and 5 years. Plz tell me how to form a HUF.What formalities I have to complete for. Somebody has told me that beside applying for PAN, there will be a deed. Can anybody provide me a copy of deed and others if any.
Further, my father in law wants to gift some cash amount through bank to the HUF. I want to know whether the interest amount on the same will be taxable in the hands of HUF or My father-in-law.
Also, What type of amount, property should be deposited by my in-laws in the accounts of HUF so that the income is taxable under HUF.
Plz ans
Thanx


TARUN JAIN
22 December 2008 at 13:04

Registration as MSME

Provide me Application form for registration as Micro, Small and Medium Enterprises for existing enterprise who intend to register as Micro, Small and Medium Enterprises under MSMED Act 2006.

Thanks


CA Saurabh Gupta
22 December 2008 at 12:53

Capitalisation of preoperative exp.?

Hello Friends , would you suggest me that how can we bifurcate a Particular pre operative exp. as a Capital exp. or Revenue exp.,Is all the pre operative exp. are capitalised .
suppose if we take an e:g like whether salary of a/cs deptt. during Construction of unit is revenue / capital pre operative exp. and whats the treatment of this exp,


Jayesh Jagetiya
22 December 2008 at 12:38

TDS on salary from more than one employer

One person has resigned from company A & joined company B in the month of June, 2008.
He is not ready to give information about his salary at company A for the month of April, 2008 & May, 2008, even he has worked here in these months.
On what basis the company B will deduct TDS?
Option 1:- Consider the salary given by B comapny only & deduct the TDS from June, 2008 onwards?
option 2:- assume a reasonable salary for the months of April & May , 2008 & add to his income & deduct TDS?
Please reply.........






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