Suppose a society registered under the Societies Registration Act 1860 is making members for a fee and thereafter accpeting daily deposits and monthly deposits and the collections are then invested in various profitable ventures in all fields and fro those ventures the committments on daily deposits and monthly deposits maturity are being met. The profits arrived from these operations are used to meet all administrative expenses and remaining profit is either distributed amongst members or retained for ploughing back.

In the above case is the society required to have any compliance with the Reserve Bank of India ?

A uk based company has performed technical services in India to our Co., (an Indian company) considering DTTA can some one help me on hte following

1. should TDS be cut as per the act?

2.If answer to above is yes then at what rate and any circular reg tht is passed??

3.What will be the impact on DTTA???

awaiting for a professional answer

Thank you

my ca final first attempt in may-2010 under new scheme. i want to start my study for the same. please suggest me reference book for ca final specialy, under new scheme. because syllabus for new scheme is not same as old syllabus. so, i want to know, whether refernce books for new scheme are come out or not. if yes, then please suggest, name of reference books for all subject of ca final under new scheme.
& if not then how should i start my study.

Hi!
I would like to know the new provisions of MAT and whats the rate for MAT ie for Assessment year :2008-2009

Hi friends

i m very confused coz i didn't know that the fees for executive prog. has been changed w.e.f. 01/04/2008. and i have sent a DD for rs. 5550 instead of rs. 7000. so friends plz help me what should i do to make my attempt in dec. 2008.

Hello every body

I am Kalpana, completed my ICWA and presenlty working in a construction company, I want to Join in a MNC, Please give me guide lines how to prepare and what topics to Prepare. And also I need the resume format.

You can Mail to Kalpana.icwa@hotmail.com

Thanks in Advance

hi experts

my query is
suppose if a firm hired a vehicle for their advertisement on rent of Rs. 13500.00 PM, and all the repair & maint., petrol exp. etc are paid by the firm itself and that vehicle is used to make advertisement of the firm in all the city. Then what rate of TDS is applicable on that kind of exp. i.e. as per code 94C @ 1.03% or as per 94I @ 17%

Hi,

Revenue stamp needs to be affixed on a voucher when payments exceeding Rs. 5000/- made in cash.
What are the organisations to which this rule is applicable..???
Whether this rule is applicable to a Trust / NGO making payments in cash of Rs. 5000/- or above..???

Any info / extracts on the above subject wil be of gr8 help..!!!

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Regards,
Chandan.

dear friends
my bro had taken loan for mba education in us from us bank itself and now he is doing job in india. my quetion is whether he will get deduction under section 80(E) or not. ca he get relief on loan as well as interest paid to us bank under any other section also.
regards
amit agrawal