ref to the cbdt circular dated 13.01.14 where it was clarified that no tax to be deducted on SVC tax in case of 194J. would like to clarify is applicability is for 194C also. Means any payment to resident in such case TDS will not be on the service tax component

Hello i am pursuing b.com & just given ipcc waiting for results i am highly interested in investments & portfolio management, i am looking for doing cfa also pls suggest whether i should do it or not?if i should what exemptions are available to ca students in cfa or vice-versa.

Dear Sir, myself Savan Kasliwal.

My query is " I have borrowed loan from Non-banking Financial Institute of Rs. 3 crore in Pvt. Ltd. Co." I am paying more than Rs. 4.00 lac per month as an Interest.

Whether any TDS shall be deduct against the interest amount?

If TDS shall be deduct, please answer with valid evidence like under which section of Income Tax Act?

If no then also provide valid legal justification.

Awaiting for your positive and prompt reply.

Please do the needful at the earliest.

With Best Regards,


Savan Kasliwal


Thanks for your positive & prompt reply.

Please provide valid evidence for no deduction of TDS in above query.

Awaiting again your positive & prompt reply.

With Best Regards,


Savan Kasliwal

Whether revised schedule VI is applicable in branch accounts and departmental accounts i am asking this because in institute study material it is given in old style (not following new format, making the trading and p & l A/c not statement of p & l)but many teacher like Praveen Sharma Sir is using new format i am little confuse about it what to do because by following new format how will we give journal entry of trading accounts...

The bank interest certificate shows two amounts.One as earned and other as paid.THis is savings bank interest.

Should i take into computation the Earned amount (i.e accrued or the paid amount) and what should be the treatment of the same query in case of FD interest??

My client wants to apply for name to start new co., In the new company name promoters' daughter's name is one alphabet. What document should I submit proof of relationship with ROC

Dear Sir,

I Had received bonus of 19500 from max life insurance. is it taxable or not

CONTRACT IS PURE LABOUR CONTRACT:
DUE TO URGENCY OF SITUATION MATERIAL PURCHASED BY CONTRACTEE:

VAT(PURCHASE TAX) PAID BY DEALER ON SAND PURCHASE IN X SITE (EITHER FROM REGISTER OR UNREGISTER DEALER), X SITE IS PURE LABOUR CONTRACT AGREEMENT.

BUT IN VAT RETURN WHETHER CONTRACTEE CAN CLAIM THE X SITE VAT PAID ON SAND PURCHASE AS VAT INPUT FOR SITE Y (SITE Y IS FOR WORKSCONTRACT AGREEMENT)

IF YES PLEASE PROVIDE THE SECTION NUMBER OR DETAILS.

THANKYOU..............

Dear expert,

I will be appearing for CMA inter group II -Dec' 2014. (syllabus 2008)

Requesting to pls. give me the notes for group II for following subjects.

1. cost & management accounting.
2. Operation Management & information system.
3. Applied Indirect Taxation.

Regards.

hiiii
under companies act disclosure of interest a which type of interest is covered a directorship in other company or shareholding in other company...