i want ask that students of pe 2 who have joined pe2 on graduation basis and not able to qualify may 2008 exams ,will be given pcc nov 08 attempt and what prcedure to be followed if they are not passing pe2 exams of may 08

Hi

Is there any service tax libilities possed by the RBI or the Income Tax authority on the payment send to abroad.kindly refer the circular also if any.

Is the Payer is liable to deduct TDS for the payment made to Contractor which actually a reimbursement of Postal Charges for mailing of mailers incured by him on payers behalf??


Regards

Rajnish Amipara
amiparasir@gmail.com

Suppose i am an assessee, having transactions with a Vendor ABC. Some transactions of the vendor falls under section 194 (C) and some others fall under Sec 194 J. I regularly deduct TDS.

Suppose i have transactions worth Rs.6 lacs under sec.194 (C) and another Rs.5 lacs under Sec.194 J with the same vendor?

Am i required to deduct Surcharge on TDS on all future transactions, since the cumulative transactions with the vendor has crossed 10 lacs?

Or should i wait for the transaction amounts to exceed Rs.10 lacs under each section, to deduct Surcharge on TDS.

Can any one please clarify? I would really appreciate it.

Dear my Professional Colleage,

I have query regarding how to consider age of 65 in case of Senior citizen.

Whether a person completes 64 years of the age and entering in 65 years during the P.Y whether he is Senior CItizen or He must be Completed 65 years of Age.

Ca Divyang Parikh

XYZ Ltd a listed company merging with PQR Ltd..

The payment has been made by XYZ Ltd to Non-residents after applying TDS provisions and tax has been deducted thereon.

Now after merger PQR Ltd will continue and XYZ ltd will be raising debit note to PQR ltd.

Thus whether tax has to be deducted again at the time of crediting XYZ Ltd in the books of PQR Ltd ?

If in a partnership firm if the address mentioned in the partnership deed is changed then what is the procedure and what are the deeds we need to prepare. please give me the format of the Deed that should be prepared

sir i intend to know whether there is a system to trace the candidate who has missed out to mention roll number in his exam paper.

Dear Sir,

We are an 100%EOU in Research & Development,

We get excise duty exemption on purchases of indegious goods by giving CT-3 Form

but for some material our CE Depart.has refused to give CT-3 form so we bought the materials by paying CE Duty,

Can we get refund of Excise duty,which we have paid on purchase of material? if so what is the procedure of getting refund ?

Please Clarify my query

Regards,
Madhu
madhukintali@yahoo.com

1) For how many years the cooperative banks have to preserve their records, books of accounts vouchers etc.?

2) If there is any RBI circular on this subject Please communicate the number of the same.