A company has entered into a contract with a professional firm to supply 2 persons for its data entry work. Now i want to clarify that whether professional firm would be treated as manpower supply agency and whether company is liable to pay service tax under reverse charge mechanism????

Whether tax is required to be withhold while making payment to the foreign holding company by the Indian Subsidiary Company for:

a) Re-imbursement of legal fees
b) Contribution towards share of common professional fees incurred on behalf of global subsidiaries,including Indian Subsidiary

Is it compulsory to do audit under section 44AB in the following situation?

Turnover 80,00,000
Deemed profit as per section 44AD:-560000(8%)
Actual Profit shown :- 1,50,000

As per section 44AB when we are showing profit below 8% and income exceed the basic exemption limit than audit is compulsory.
Since my income is below 200000 audit is not compulsory as per me.
Am I Right?
Please help me

If husband transfers Rs. 1 Crore to his wife @ 5% interest and wife earns from the same @8%. Whether the difference of 3% (8%-5%) will be clubbed as income in hand of Husband.

plz guide for best ref books for ca final may 2014 all subjects , as i m studying by myself only...

Can we extend extra leaves taken during artileship with an another CA
its urgent....

Hi,Im an aspiring individual to crack the icwai course and i completed my ug(B.com) in yr 2008 and as per icwai im eligible to appear for inter exams but when im going through the syllabus im bit nervous to proceed further because due to the long gap im totally derailed from studies, to overcome this should i complete foundation books first as a self study or i can start preparing for inter exams. And im planning to appear exams on dec 2014. Pls give your opinion on this

Hi, can someone guide me as to how to proceed for cfa exams and its contribution in your salary aspects?

While completing Assessment u/s 143(3) of Income Tax Act, 1961; AO added certain portion of Agricultural Income (not disclosed in return of Income filed by Assessee u/s 139(1), but declared during the course of Assessment Proceedings) as Income from Other Sources. AO further imposed penalty u/s 271(1)(c) on such income. However is Section 271(1)(c)applicable to such Agricultural Income not declared in return of income but declared during the course of assessment proceeding?

Sir Under EPF Act, the Central Board of Trustees so created is for the country or different states? And if for country, then how 15 officials (max) represent State Government?