Hello EXPERTS,
ABC Pvt Ltd place a order for supply of Hydropnuematic System. One of the terms of P.O. is that Installation, Testing & Commission of system will be carried out without any extra cost.

Now my query is that wether we treat it as composite order including installation i.e TDS will be done
OR
TDS will not be done as installation is free of cost along with supply of Hydropnuematic System.

Hello EXPERTS,
ABC Pvt Ltd place a order for supply of kitchen equipment. As per payment terms of P.O.
Ex work amt 2987010
Exice duty 149351

sub total 3136361

sale tax 3% on 3136361 94091
Installation charges (Included)

Order Value 3230452

Installation of system will be carried out at cost included in above costso it is composite contract.

Now my query is that wether TDS will be done as it is composite order including installation i.e TDS will be done
OR
TDS will not be done as Sales tax is leived on sub total amount.

1)How we will deduct TDS on a composite bill of supply and service : -Where supply and services within bill are not biforcated -Where supply and services within bill are biforcated

2)How will we capitalised Insurance,registration fee and accessories expenses of a new vehicle which are not included in the original bill and the bill date are different.

1)How we will deduct TDS on a composite bill of supply and service : -Where supply and services within bill are not biforcated -Where supply and services within bill are biforcated

2)How will we capitalised Insurance,registration fee and accessories expenses of a new vehicle which are not included in the original bill and the bill date are different.

If any legal expenses for a case which was related to director's case but the company has deducted TDS on same and filed its TDS returns now while conducting audit we found that it was dorector's case with state bank...
now the account department is telling that we will transfer it to directors loan A/c.
As the returns are filled and TDS has been deducted by company can we transfer it to his loan A/c.
Director is person who is not liable to deduct TDS...
the legal firm is also appearing before court for another case which is of the company.

- Is FBT applicable on Sodexho allowance ( not sodexho coupons).
- If yes, then is there any limit for sodexho allowance, to be given to employees monthly?

when we pay the interest for late payment of tds to gov.we are elgible to deduct interest as admissible expenditure?.if we can under what section.
Some sir's are given reply this is penalty in nature,so this is noy allowed.Thanks for reply

BUT Ihave one doubt The late payment is due to non availability sufficient funds in business.Sobusiness have to bare burden of interest

Sir,
if a company is importing some items on which it has paid security for container in which it has packed its material, when material reached at indian port company has paid epenses to container corporation of india and returned back security money to the company company. now question is what is the nature of expenses is it rent,packing charges or fraight. and if it is rent do the company has to deduct TDS on that payment.

What do we mean by Asset Reconstruction Company(ARC)?. Who regulates those companies in India? What is the nature of business of these companies?

Sir,
if a company is importing some items on which it has paid security for container in which it has packed its material, when material reached at indian port company has paid epenses to container corporation of india and returned back security money to the company company.
now question is what is the nature of expenses is it rent,packing charges or fraight.
and if it is rent do the company has to deduct TDS on that payment.