Sir, We are executing pipeline projects of govt and awarding sub-contract of one part of work.We are using trasnport vehicle for transportation of material to works site. I want to know that TDs on transporation will be applicable either Contract rate or sub-contract rate.


Thanks.

i completed PE 2 in May 07,joined for articles in Oct 07. when will i be eligible for writing my final exam and nder which scheme? i joined for final under the new scheme..pl reply soon...if my attempt is nov 2009 then under which corse i will write my exam? old or NEW

A company has issued QIP & warrants. for the same company has paid commission of Rs.2500000/-to lead managers.Right now we are showing it under miscellaneous expenditure not written off. Can it be deducted from Securities Premium Account as section 78 of Company Act,1956.

DO WE NEED TO DEDUCT TDS ON SERVICE TAX ALSO

what we mean by CUm dividend and Ex dividend share

what is a/cing if such ?

what is a/cing when dividend received and not erceived during Financial year

what would be accounting for issue of warrants

under wht head will DR and CR entry will classify ???????

If my maternal grand father gifts me a amount, will it be taxable ? He has already paid tax on this amount !

Or suppose, he has put my name on his WILL, and later if i get this amount, will again it will be taxable ? If yes, what will be the % slabs ?

MY GRAND FATHER HAD BOUGHT A PROPERTY IN GUJRAT IN YEAR 1965 FOR RS 40,000/-. TODAY WE ARE SELLING THIS PROPERTY FOR 60 LAKHS. CAN ANY ONE ADVISE ME HOW MUCH TAX HAS TO BE PAID ON THIS ? I HAVE BEEN ADVISED THAT THE VALUATION OF 1981 HAS TO BE ASSESED, IS THERE ANY WAY ONLINE, WHERE WE CAN FIND ITS VALUE ?

IS THERE ANY WAY WE CAN SAVE TAX ON THIS BY EITHER GIFTING OR ANY OTHER WAY ? EXCEPT NOT PUTTING IN GOVT NABARD SCHEME ?

OR WHAT SHOULD BE THE APPROX TAX ON THIS ?

The company had wrongly deducted t.d.s on interest and paid to the central government in accounting year 2007-2008.


Whether is it recovered during the accounting year 2008-2009 or not ?

If Yes, under which section of Income tax is recovered ?

Dear Sir,

We are Freight Forwarding Agents.
Recently while remitting funds to our Overseas Agents (Have no offices in India) our bank is asking for CA certificate in format under Section 195 of the Income Tax Act.

Whether these remittances are liable to Tax in India or not?

Please explain.

Regards,
Shanil