Whether TDS is applicable on payment made to Subscription & Trade Membership?
If yes, under which sec & rate?

Thanks

Best regards
Ashwini

Hi,

We have received Invoices for Import of Services form Outside India in the month of Nov 2009 in USD.

We are liable to pay the Service Tax now.

1. At what rate I have to convert USD into INR for Service Tax Calc.s?

2. Rate of Service Tax in Invoice is related to Jan 2009.

Regards,
Sree :)

Dear Sir
i want to know the accounting entry of problem given below

problem- we have sent 29.510 mt material sent to consignment agent but out of that 13.155 mt material stolen in transit.(Note - excise duty involved material)

Dear Sir/Madam,

Can you pl. help to advice under which rules we can pass on the addtional duty of customs (CVD) + Special additional duty.

Thanks,
Meharban Rawat

Actually, i get less time to study. I have some responsabilities so i have to earn? I have appeared twice in Pcc exams? last time i got exemption in accounts, but could not cleared any group? Now i want to know, which books should i refer to prepare in less time & pass my pcc exams? Please suggest me....

Sir, according to you in present scenario which is a better career option. job OR practice considering longterm view?
& requirements of both options to succeed in each.

LLP required registration as a Non banking financial company for deal in business of loans and advances acquisition of shares/ debentures/bonds that are issued by the government or any other local authority under the government. As these are deals in shares, bonds, loans, debentures, chit business and insurance business.

Sir,

One of my client is a Menufacturer of Garments. He takes Vat credit of every bill raised to its name, for Eg. If he eats in a restaurant for the sake of Bussiness Promotion, and suppose the bill is for Rs. 1000 and the vat Element is Rs 120.. Then in his book he books the expense as ...
Sales Promotion A/C ... Dr. 1000
Vat input Tax A/C ......Dr. 120
To Cash / Bank 1120

Sir is this correct? Can he book like this...
Please reffer to some notification and Sections if possible..
thank You

we have deducted tds on pyament of foreign company for professional & technical services in india.

now we have to furnish the TDS return, what is the process of furnishing TDS qarterly statement because PAN of the deductee is not available

Hi, I am doing audit of one Trust employing more than 100 employees. The said trust is also employing on contract basis who include retired Govt. Employees etc. whether, Provident Fund Act is applicable to contract employees or not & if possible kindly quote the reference section of the respective act. The said client trust is deducting PF of its regular employees but not of employees on contractual basis.

CA. Lahoti, Pune