Dear Sir,

While auditing the civil / construction bills,what are the aspects that I have to consider.When I go through civil bills, I couldn't understand the nature of work carried out in the site as they are in civil engg.terms.Is there any guidance note in respect of audit of civil bills.Please guide me in this regard.

Thank you

My Father is purchasing goods through OMS through register delare and paying CST. but he sales the goods with Maharashtra. Can he take set off of CST against VAT payable.

Can i kindly know if its possible to takeover an existing CA firm. If so I am looking for the same at Hyderabad. Kindly can anyone provide me any info in this regard.

Dear Sir,

I got a income tax refund but was not able to encash the cheque on time and the cheque is now outdated. Please tell me the procedure to get the fresh income tax refund. My e-mail id is varunagg85@gmail.com

A sick company has not provided for interest expenses of March month in its books of account.All other expenses have been provided on accrual basis.Whether a auditor is required to qualify his report. if yes. in what manner

My brother-in-law is working in USA and he is remmitting cash in my account.He has already paid tax on his salary there to USA govt.He is also filing his ITR there.

Whether such cash transferred will be liable to tax again.If yes, than whether in my income or my brother in law income.And if NO, in which section.

Kindly resolve my query.

Have to make paymnt to my selling agent for providing services at Bangladesh. Do i have to deduct TDS and if yes then what would be the rate and date of depositing such TDS?

My Co. is a private ltd. company. We are management consultants and conduct online test for students. Now we have done agreement with other proprietor firm to purchase online test product (psychometric test) with support services for promote to our business. Now we want to pay rs. 75,000/- as per agreement. It will be attract any type of tax liability/TDS.

regards,
lalit

Whether there should be any levy of TDS on the services rendered by a foreign national in Foreign for a Indian company.

Applicabilty of Sec 195

WE HAD RETRENCHED A NUMBER OF EMPLOYEES DURING THE YEAR 1998. THE EMPLOYEES PREFERED TO GO TO LABOUR COURT INSTEAD OF ACCEPTING THE MONEY OFFERED(THIS OFFER WAS WELL IN LINE WITH THE LABOUR LAW).
HOWEVER,THEY FINALLY ARRIVED AT A SETTLEMENT WITH US IN THE YEAR 2007 AND WE HAD PAID THEM THE AMOUNT SO SETTLED IN THE LABOUR COURT AND CASES WERE CLOSED.

THE COMPENSATION AMOUNTS PAID EXCEEDED THE TAXABLE LIMIT .WE DID NOT DEDUCT TDS AS WE HAD CALCULATED THE COMPENSATION IN SUCH A MANNER AS IF THEY WERE CONTINUOUSLY EMPLOYED FROM THE DATE OF RETRENCHMENT TILL THE DATE OF SETTLEMENT.THE COMPENSATION PACKAGE ALSO INCLUDED GRATUITY. IF THE COMPENSATION MINUS THE GRATUITY IS DIVIDED BY THE NUMBER OF YEARS(IE.FROM DATE OF RETRENCHMENT TILL THE DATE SETTLEMENT) THEN FOR EACH YEAR SINCE 1998 THE EMPLOYEES WERE OUT OF THE TAX NET. WERE WE RIGHT IN NOT DEDUCTING THE TDS? PLEASE ADVISE.