one of pvt ltd company deals in hiring of machinery such as JCB, pocklane, dumpers etc., for excavation work.to the site on hrs basis. Is service tax is applicable on hiring of such machinery ? If applicable, in last year they did not collect any service tax. so what will be remmedy? and they also gives truck for transport should also this covers in service tax? pls guide early and give explanation through with law so that i can refer.

Dear Sir.. Can clarify what is Small & Medium Enterprises..

what is the disclosure requirement in SCH VI

Company is paying salary to the employee working in canada.Can company give the benefit of HRA and Sec 80C?
Is TDS deducted is compulsory because he is NRI?

Can somebody plz guide me that how to deposit professional tax for employees of mumbai branch here in delhi? Which challan to be used, can cheque be deposited in bank for same?

Dear All,

I am having total 4.5 yr expereince in Accounts Division. i am good on all accounting work.

But i had zero knowlege about taxation.i.e. vat,service tax,tds .

Please tell me how can i improve & came out of this.

Suggest me any books or an other way.

Thank in advance

i seek to know whether there is part marking for the questions on which certain comment as an auditor is required.e.g in question 1(c) i have elaborately stated the as -2. but while concluding i have answered the question wrong. whether out of 4 marks can i get some marks in this questions. besides, i have answered all the ethics questions correctly. how much can i expect out of 18 marks. your help is highly solicited in this regard.

in CLSP paper i have quoted sections in one of the questions like
sec.220 of companies(amendment) act 2006
i want to know whether i am right or wrong. should i need to mention sec 220 of
companies act 1956 instead of section 220 of companies(amendment) act 2006. should examiner award zero in this question although i have stated everything correctly under this section. pl.help me on this issue.

Suppose a society registered under the Societies Registration Act 1860 is making members for a fee and thereafter accpeting daily deposits and monthly deposits and the collections are then invested in various profitable ventures in all fields and fro those ventures the committments on daily deposits and monthly deposits maturity are being met. The profits arrived from these operations are used to meet all administrative expenses and remaining profit is either distributed amongst members or retained for ploughing back.

In the above case is the society required to have any compliance with the Reserve Bank of India ?

A uk based company has performed technical services in India to our Co., (an Indian company) considering DTTA can some one help me on hte following

1. should TDS be cut as per the act?

2.If answer to above is yes then at what rate and any circular reg tht is passed??

3.What will be the impact on DTTA???

awaiting for a professional answer

Thank you

my ca final first attempt in may-2010 under new scheme. i want to start my study for the same. please suggest me reference book for ca final specialy, under new scheme. because syllabus for new scheme is not same as old syllabus. so, i want to know, whether refernce books for new scheme are come out or not. if yes, then please suggest, name of reference books for all subject of ca final under new scheme.
& if not then how should i start my study.