Dear sir,

We have placed a purchase order of UPS to a vendor in which the conditions are :

1.Excise Duty @ 16.48% & VAT @ 4%
2.Payment : 30% against PO , 60% against Delivery & 10% against installation.

My question is whether the TDS should be deducted on the same or not ?

Kindly help asap .

And supporting circular would be of great help.

Thank's in advance.....

i appoient a contracter for making a building heforward both the service & material in maharashtra for expemple

basic amount of material 100000/-
add :labour chages 2000/-
Total 120000

incase wct deducated on 120000/- or 100000
incase TDS deducated on 120000/- or 2000

Please guide

Can anyone help me?

I would like to change my signature officially. I mean, in my passport, credit card, driving license, election card, bank account, etc. What is the procedure?

Do I need to give in official gazette? If so, what is the procedure?

Please advise.

Abbas

Hi...
I dont have any knowledge about share market, so sometimes i will have to sit like a dumb when the discussion related to share market is going on..

Can any one tell me about the sensex and nifty in some simple way?

I really need to know, so please help me out..

Dear All,
I m working with PSU which is a Service providing Co. As per ST act assessee is liable to discharge the ST liability when receive the amount from Customer for which service has provided.
In some of cases we set off the amount from sister concerns or issues a Credit Note.
My query is that whether setoff amoutn or credit note amount is amounts to discharge the liability or not.
Example:-
22.05.08 AB Co. Dr.
To Income
To Ser. Tax Payable
amount Received on 16.6.08
16.6.08 Bank Dr.
To AB Co.
in this case ST payable Liability will be discharged till 05.07.08

QUERY

(1)If we have not received amount but we have issued credit note : whether it amounts to payment received or not

(2) If we have adjust the amount from its sister concern ABC & Co. :-whether it amounts to payment received or not

(3)If we adjusts deom Security Deposit:-whether it amounts to payment received or not

Interior Decorators of (residential houses and commercials), and carpenters ie doing furniture work are liable to Service tax or not?

If Yes, then what will be Service tax rate Liable to pay?

Whether Postal RD eligible for 80C Deduction.

Dear All

Please provide E-mail id , Address & Phone number of the following firms in mumbai:-
1.PWC
2.KPMG
3.E & Y
4. RSM
5. S.S.KOTHARI
6. DELOIT
7. S.R.BATLIBOI
8. LODHA & LODHA
9. LUTHRA & CO.
10.A.F.FARGUSHAN

Another E-Mail Id is Raushan_saraf@yahoo.com


Thanks & Regards

Nilesh v. Sagvekar

For a Private Ltd Coy
How should I write-off a prior prd TDS(Debit)(Rs.93000) made on 31.05.2005.
Option :-
A) whether tr.to Reserves & Surplus A/c.
Or
b) treating as an Prior prd item and keep in profit & loss a/c.

Suggest me the experts.

urgent.

Date of deposit of P.F. amount is 15th of next month or 20 of next month.If we deposit the amount between 16th to 20th of next month is there any interest/penalty provision.
The date of submission of Form-12A is 25th of next month if it is delayed then what are the provisions as per provident fund act.

Kindly guide me on this issue

Girish