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.

what is the limit of cash expenditure in day as per income tax act.

pl.explain in detail

Dear Sir,

I want to know that how much time we can take extension for PPF after 15 years.

Regards

Deepak

1. A limited company was incorporated in the year 2005.
2. Two of the original promoter/ Directors resigned after the first closing of the company in the march, 2006.
3. No business was undertaken in the first closing of March, 2006.
4. No certificate of commencement of business has been procured till date.
5. The company started business in the financial year 2006-2007.
6. No Balance sheet of the company has been filed with ROC.
7. Now when the company approached the ROC for Certificate of Commencement of Business, The ROC insisted that the Balance sheets for 2006 and 2007 be filed.
8. No what are the option with the company to get the certificate of Commencement of business?
9. What are the options with the ROC, how will he proceed. Does he have the power to condone the delay?
10. Is there any other authority under Companies Act, who can condone the delay for procuring the certificate of commencement of business?

A person who has replied to my query has not answered the real part of my query, how can I get the certificate of commencement of business

what is th no. of Co. audits a CA can pursue under Cos. Act?
and what is the over all limit of audits under ICAI guidelines?
is it 30 or 45??
me fultoo confused
plz elaborate
thnxz

Dear sirs,

Can any one help me in solving the problem.The problem is as follows:

Indians working in the foreign locations drawing salaries both in foreign locations and India. The pay stucture is subjected to income tax in the respective foreign locations. But the actual problem is here..
Does Salary (in this context referred as NSP-Net Saving Potential) paid in India to the employees working in foreign locations is subjected to TDS?
If yes, please mention the provisions of the Income tax act.