One of my clients(indian company) have paid commission to a japan company. Is this indian company have to deduct tax at source on such commission paid? If there is any case law or articles on this topic, please let me know.
Thanks in advance

Respected sir

I am accountant in private organization i want to now how make accounts entry for
01. for staff payable and deduction form staff
02.how make payment for pf threw bank
03.how to create bones entry
04,how make payment for bonus

note : bonus should be accounts entry only not cash not affect ,it like provision only not realy paid into hand staff

thanking you

A Builder has sub contracted whole of the project to sub-contractor and payment is made on running bill basis. Advance payment has is received on monthly installment basis from the buyer by the builder.
what will be the service tax liability on both the parties

Sir
I am a CA final & CS executive student. i am not interested to join Training Under CS course. So, plz tell me whether Training Under CS is mandatory. I heard than one can become LCS , if he/she doesn't go for training.Is this scheme applicable now ? What benefits i will be losing if i doesn't undergo CS training. What benefit's i will have being a LCS ?

One of our Client has valued the inventory @ market Value. I have made a reservation in my Audit Report. They have clarified that the goods so valued are agreed to be sold at such price. Is the clients answer justifiable?

One of my client has been wrongly registered under the wrong Head of taxable Service which he want to rectify.
He has obtained ST-2 service tax registration form i week ago where he is allready registered under wrong head
Please provide me details of CONSEQUNSES IF HE IS REGISTERED UNDER WRONG HEAD. and wheather it is necessary to rectify his head of Taxable Service.

Sir, i need to ask for surrenderig pan of firm,is there any applicaton format to write to AO for this purpose.
or a simple application could be given ?

please reply

When assessee expired before October in the previous year. Whether income earned by the expired person in the previous year is taxable under income tax act 1961? Who has to file expired persons return ?

Dear Sir
I had purchased Flat in Pune which is under construction till date & get possession in January 2011. I had get sanctioned loan from SBI Bank of 10.50 Lacs of which till date 8.66 lacs are received by different demands given by my Builder. My Flat Value consists of following Basic Cost + Stamp Duty & Registration + MSEB + Society Formation + Deposit against Maintenance (Total 12.40 Lacs). All of these items are mentioned in Agreement & SBI sanctioned Loan considering all these. I paid the Stamp Duty & Registration charges on my own for which receipts are provided to Bank. Now my Builder is saying that he can take only Basic Cost from us in cheque. Other amounts (MSEB, Socicety Formation, Deposit against maintenance) should be made in cash to him else they will be taxable to him. If I gave him all this charges in cash incerasing my burden then Bank will not be able to give me remaing loan as no receipts from builder will be received. Builder had gave us option that he will give us the receipt but then I will have to pay 10 % tax on exces amount collected by him other than Basic Cost. I had given them option better you collect from Bank & refund me back & then I will give to you in cash. But according to his C.A. such refunds are not allowed. So now i had left with option of paying his income tax with my cash as I can't spare extra amount which may come to 1-1.5 lacs. It will be great help if you guide me in this case.

Good Evening,
Can anyone please help me out with the procedure of coverting frm PCC into IPCC course and the time-limit,exception etc.

My detail is as below:
*I had given 5th attempt for PCC exam and waiting for the results.
*I am serving now my extension (excess leaves) period which is almost one year.

Whether my period which i already served will going to count if i got converted to IPCC and if i do this conversion procedure after knowing results of PCC Nov 2010 exam,what is the time-limit for conversion.Plzz help me

Thanxxxxxxxxxxxxx in advance...