Kindly let me know what are all the tax benefits offered to an Indian software company(PVT LTD.) which is not registered under STP /HTP? for AY 08-09

I NEED PROFESSIONAL ADVICE RATHER THAN AN ONE'S OWN OPINION

Thanks
krishna koundinya

If an assessee has not paid service tax before due date and also remain unpaid upto date of audit report, what will be his status and what factor should auditor need to be disclose in his audit report?

Please let me know can we take input credit for service tax paid on telephone, mobile bills.

Wheather TDS is to be deducted on Hotel Lodging bills. if deductable what is the exact conditions.

Since it was a MNC, we allowed our customer to avail the credit bill facility. Now while settling the payment the MNC has deducted TDS @15.45% on bill amounts Rs.2,700.00, 1,080.00 and 2,190.00. As per our knowledge they should not deduct TDS on this.

Can some one help me to get the necessary rule indicating the above mentioned duction is wrong.

thanks

Best Regards

Sreepathy

Sir

my co has applied for approval of gratuity fund for the first time before filling the tax return for Asst year 2008-09 & paid the same to LIC.
my tax audit disaalowed the same under 17(i).

Pl advice whether we can claim the same as allowable item in the return or not.

Thanks

Sir

my co has applied for approval of gratuity fund for the first time before filling the tax return for Asst year 2008-09 & paid the same to LIC.
my tax audit disaalowed the same under 17(i).

Pl advice whether we can claim the same as allowable item in the return or not.

Thanks

Hi,
I am B.com graduate & wants to make a good career in finance.

Due to some economical problems I am not able to do "MBA" from any famous government Institute.

Instead of that can I do "PGDBM" from any private institute.

Please tell me that:
1)what is the difference between both of this.?

2)What the discrepancies may come in career.?
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Thanks
Vijay

My Directors has opened a Company in US for collection from Debtors & Payment to Vendors outside India.That Company is Acting as a collection agency.
For each type of transaction Indian Company is giving 2% commission to US company.(both inflow & outflow).
These income are accrued and received outside India as it is relating to Export of services.

1) whether TDS is to be deducted on Commission payment to US Company ?

2)If TDS is deducted then US co. can claim Credit of TDS on the basis of TDS certificate issued by Indian Company ?

3)In above case Transfer Pricing is Applicable/

Is it very difficult to prepare for CA Final in only 6 months? If not then how to prepare?

Please explain that What does the meaning of FOB Price / CIF Price etc?