is thr any ceiling of 30 TOTAL audits by the ICAI? or that has been enhanced to 45?
and where as the cos. act says of 20 co. audits in which not more than 10 be of co. having a capital of 25 lacs.?
plz elaborate

At what rate TDS to be deducted on "Rent Paid to NRI" ??

Dear Experts,

if we have received 200/- rs. service tax in April-08 and paid 250/- to those who provide us services then its mean credit input is more then service received. then its mean we have no liability to pay Service Tax in May-08 to Government.

or one thing more can we also Forward balance Rs. 50/- for next month in June-08 while depositing service tax..

Our client newly form a pvt. ltd. co. with 1 lac capital and want to enhance the capital to 10 lac by increase Non voting right shares of Rs. 9 lac to be issued @ 5 times of their face value.

What are the formalities. If there is ready draft available with anyone for the compliance with ROC/MCA.

What Pan do we specify in case of non resident companies while filing for e-tds quarterly statements?

I AM AUDITING A COMPANY WHICH ACQUIRES SAPCE FOR RENT AND SUB LETS IT. THE COMPANY PAYS MAINTENANCE CHARGES AS AGREED . MY DOUBT IS DOES MAINTENANCE CHARGES FORM PART OF THE RENT ? BOTH THE RENT AND MAINTENANCE CHARGES ARE PAID TO THE SAME PARTY FOR THE SAME PREMISES. THE COMPANY ENTERED BOTH RENT AND MAINTENANCE CHARGES UNDER SAME SINGLE AGREEMENT WITH THE SAME PARTY.

What is Tds Rate.if i have received professional service from Non Resident(Dubai) which payment exceeds 400000

If telephone bill includes internet charges,then the internet charges should be included in the value of Fringe benifits or such internet charges should be excluded from the bill amount,i.e., amt given in the telephone bill?

I NEED TO KNOW WHETHER TDS IS APPICABLE ON INTEREST ON HIRE PURCHASE OF CAR. INTEREST IS PAID TO CHOLAMANDALAM FINANCE PVT LTD.PLEASE QUOTE ME THE SECTION OR CIRCULAR REFERENCE IN THIS REGARD.

My Employer is a Public Ltd. company enagaged in pre-construction stage activity to set up a power plant. An opinoin was taken from the consultant on the issue of applicability of FBT. It has advised that company is doing activity of construction stage, and no business activity is being done. hnce, Company would not be liable to pay FBT.

Kindly advice , whether we are liable for FBT or not.