We purchases steel material from suppliers. Transportation arranges by suppliers and deliver goods to our factory. They charge freight at fixed rate per M.T as per order terms as follows :

Steel : 20 M.T x Rate 30000/- = 600000
Add : Excise 61800
Add : - CST 13236
Add: Freight charges 20000
(1000/- per M.T)
Total : 695036
My query is whether TDS should be deducted on such freight charges of Rs. 20000/-?

As per new amendment,TDS is not applicable on transporters if they provides PAN.

In this case what would be the treatment for TDS deduction as suppliers are not transporters but merely arrange transportation and charge freight in their Sale Invoice.

BE NOTED THAT THE FREIGHT AMOUNT IS CHARGED AT FIXED RATE AND IT IS NOT IN KIND OF ACTUAL REIMBURSHMENT.

Dear experts,
As per the existing minimum wages rate of Govt. of Delhi, if a new employee, a matriculate is engaged as a clerical staff, he should be paid minimum of Rs.6448/-. what would be the minimum amount of emolument for calculation of 12% as contribution towards PF?
with regards,
B.N.Bhattacharya

hello everybody

i have already registerd in caclub website but i can not answer for all query

because my status as for expert is still pending as on 1-5-2010


please help me

and i want share my knowledge for anybody


thanx in advance

rahul sharma

please following queries are given below:
1. capital employed
2. bonus or right issue shares. why not consider at the time of paid dividend.
3.what is trail balance.
4. what is difference between provision for taxation and income tax payable
and why to create "provision".

please explain as soon as possible.
thanks
rajesh

Sir

I have last given my exam for CA final in May 2005. Second Group is already cleared in Nov 2002. Now after a gap of around five years I plan to restart my preparation for First group again. I need ur help in this regard. My Queries are

- Whether the decision is viable at this stage when I am married having two daughters and aged around 32 Years?

- Whether I should shoud prepare under new syllabus or under old syllabus?

- If I opt to give exams under new syllabus whether the second group is assumed to be cleared or I have to again relclear the same under new syllabus?

- What are the strategies to be followed for preparation.

Please help as there is a considerable gap in my studies and I am a bit nervous.

We have file Form 25C with ROC which is five years back dated and was not filed till date.

Now, ROC has asked for clarification for delay in filing Forms.

CAn you suggest the sufficient reason for the same.

Dear Sir,

Please let me inform the complete Procedure for Registered Dealer in Excise. Which returns and intimation have to file at Excise department. And what are criteria for e-filling of all the documents of Registered Dealer.

Regards
Anand

Dear Sir,
I have made the provisions of commision payment which, i am not sure it will be paid so i will not deduct TDS on that. Please tell me, what are the implications? and further if it is disallowed in the current year, then will i have to pay the penal interest next time, when i will make the payment and deduct TDS?

Hi,
In the current finance bill there was service tax leveid on all properties under construction on the buyer. I have purchased a flat in Nov 2008, its still under construction. So far I have released 90% of the total sale value to the builder. Will I have to pay the service tax as part of this finance bill even though I have got into an agreement in Nov 2008? Any help on this would be highly appreciated.
Regards
Swaroop

HI guys can u please help me out.. its urgent..

i am applying for transfer from bangalore to chennai.. can u please tell me d procedure to follow.. i m getting transfer on d basis on my parents getting transferred..

And can u tell me when will be my articles be terminated.. is it on getting the approval from inst or when my principle signs form 109.. anyone who had earlier applied for it help me,..