WE ARE A PSU & HAVING DTH CONNECTIONS FOR OUR EMPLOYEES.THE CONNECTIONE NEEDS TO BE RENEWED BY PAYING THE SUBSCRIPTION CHARGES TO DTH SERVICE PROVIDER .
PLEASE CLARIFY IF THE TDS IS TO BE DEDUCTED FROM THE PAYMENT MADE TO DTH SERVICE PROVIDE ? IF YES ,WHAT RATE SHOULD BE APPLICALE?

One of the irregular vendor has charged service tax at the rate of 16.36% and we have paid amount in cash.
The bill cannot be rectified now.
Service tax regn no. is mentioned on invoice
How much credit can we take in our books?

One of the irregular vendor has charged service tax at the rate of 16.36% and we have paid amount in cash.
The bill cannot be rectified now.
Service tax regn no. is mentioned on invoice
How much credit can we take in our books?

if anymy frind plaese provided me new rate of tds.

Suppose I am currently staying in a rented house. Now, I opt for buying a house (mainly from the investment perspective)by availing a home loan, and put it on rent to a third party. Am i eligible to claim both, ie.:
a. The house rent that I am paying and
b. The interest that I am paying on the home loan which will be subsequently be adjusted against the rental income when I compute Income from house property.

Is there any other mode to claim both interest and house rent as deduction.

Please advise!

Plz clarify the basis of charging vat or wct in case vendor invoice is inclusive of Material and Labour

Hello, i am awaiting results of my CA Final 2nd group next month. I am basically interested in joining mutual funds. Can u please tell me the scope of CA in mutual funds. What is the starting package offered.

can a person(CA) be appointed because of his name is written in Articles of Association?or is it necessary to pass a resolution.

The query is regarding Sec 80E
One of my friend is doing his MBA from IESE
Business School, Barcelona through distance learning .
He has got his loan financed from Sabadell Atlantico,
a foreign bank. During the year he has paid interest
on loan amounting to 2050.17 sterling pound which is
mentioned in the certificate given to him from bank.
According to section 80E interst on loan is deductible
which is paid from income chargeable to tax.My query
is the loan taken from foreign bank eligible for
deduction as per the provision of sec 80E. Also are distance learning course eligible.
Also ,please let me know about the rate of conversion
reg the interest amount.
Kindly clear my doubt

Dear All,

Pls update me about the VAT rate on Lubricating oil in the state of Up after the introduction of VAT w.e.f. 01-01-2008.