X company incurrs seminar & training expenses, which is subsequently recovered from its group company.So is X company liable to pay FBT on Seminar & Training Expenses ???????

if we are not depositing the epf & esi on due date it is disallowed whole amt of both share employees and employer or only interest? under which section refer me

i purchae a land of rs 500000/- during the year for cunstrction of building for business purpose but during the year receipts are received rs 10 lakhs & total work is completed of rs 50 lakhs is equles to 25% of the project cost receipt is less than 40 lakhs tax audit is applicable or not
wheter land is transferred to p & l a/c by % wise or total cost

In a work contract agreement it is in practice to provide sum as mobilisation advance to the service provider.

i) Whether service provider is liable to pay the Service tax on realisation basis without rendering the services?

In addition to above we would like to know whether a wooden furniture providing and fixing work at office premises is attracted to serive tax while the above work has includes all the materials.

hi i m rahul pursuing c.a pcc i want complete theory of capital structure. ols help me so that i can understand this topic in a easy way.

For a Pvt Ltd Co, is there any FIxed Asset Register Format.

Please mail to maheshkulkarni29@gmail.com
& thanks in advance

TDS FOR LEASE LINES FALLS UNDER THE CATEGORY PROFESSIONAL / CONTRACT - ?

Hi Frnds,

Actually I'm on an Audit of a company.
This Company Sale goods to its clients & pay transport cost on behalf of its client & then raises a Debit note on its Client to Reimbursh the Transport cost incurred on behalf of them.

So My Querry is as under:-
1)As transport is a type of Contract which falls u/s 194C. So wheather its the liability of the selling Company to deduct TDS on Transport Cost @2.06% or it is the Duty of the Purchasing company to Deduct TDS.
2) The Accountant of the Company is saying that we are not responsible for deducting TDS as it is not actually there EXP. as they are reimburshing this EXP from Client.
3) So please tell me how to deal with this situation.

Case:
A man phones a jeweller in Bandra and says
," Could you tell me the most expensive ring in your shop". The jeweller says" Yes , there is platinum ring with ruby and diamond. It costs Rs 7 lakh.May i know, who is speaking?"

The man replies," It's abhishek bacchan(suppose). I will be sending Ramu Kaka with a cheque in your shop's favor within an hour.OK" The jeweller is very happy and beleives the caller.

Within 20 minutes, a man arrives and gives him the cheque and goes away with the ring.It is 12pm. At 3 pm, when the jeweller sends the cheque to the bank, he finds that he has been duped.
At 1pm,the man(cheat) goes to another dealer(Mr X) and pledges the ring for Rs 10,000. He takes the money and goes away.

Question:
a) Can the jeweller get back his ring from the dealer Mr X?If yes, in what way...

b) If he can't recover the ring from Mr X; does he have a right to sue the cheat who told himself to be abhisek and recover Rs 7 lac from him. Can he send him to jail?

Dear Experts
Please resolve the query regarding Section 194C.
One of the Pvt Ltd company made Advance Payment of Rs 10 crores on 01.04.2007 to an advertisement agency for availing Advertisement services from advertisement agency. Tds has been deducted on Rs. 10 cr and deposited as per law. During the fy 7-8 total advertisement bills raised by adv agency are Rs 9 crores. Now Whether TDS need not be deducted on Rs. 1cr bills to be raised in next financial year or whether refund of tds can be obtained for extra tds deposited w.r.t fy 7-8. what would be solution if adv agency has returned rs 1 cr during the same fy.