Sir/ madam,

Facts of my querry are as follows:
(i) If truks are sent through some transport, say ABC Trasnport to the factory.
(ii) But trucks Registration no. is different in every case.
(iii) And payment made to each truck does not exceed Rs. 20000.
(iv) But every Bilty is raised on ABC Trasport name. That exceeds Rs. 20000.

As every person except indvidual has to deduct tds on freight payment if exceeds Rs. 20000 under section 194C.

Plz guide me whether TDS is compulsory in the case mentioned above.

Thks & Rgds.

Dear All,

I would like to know whether FIIs are person resident in India or not as per FEMA ?

Regards
Harish

I am a CA Final Student eligible to appear in exams scheduled to be held in NOV. 2008. After passing CA Final Exam is it compulsory for me to take part in the Personal Skill and Development being conducted by the ICAI in Collaboration with NIFD, Faridabad starting from 28.04.2008.

I am a CA Final Student eligible to appear in exams scheduled to be held in NOV. 2008. After passing CA Final Exam is it compulsory for me to take part in the Personal Skill and Development being conducted by the ICAI in Collaboration with NIFD, Faridabad starting from 28.04.2008.

Hai my name is Harish and i am pursuing my articles. recently i came across a case where Mr.x a resident in India purchases land from Mr.y who is also a resident. Mr.y is an agriculturist and does not know much about the law or tax rules. He forced Mr.X to buy the land by paying cash of Rs.1,000,000.The queries are as follows

1. whether the expense made for purchasing the land is allowed as expense to 100./.

2. whether the law provides any allowance or room for any of these expenses

If an employee during joining select for deduction of PF but after 6-7 months, he says that he is not interested in deducting of PF? Assume His salary is 25000/- per month.Can it be possible?

Please giveme the detail about the future contracts in foreign cuurency with banks?
How it is benefited for exporters?
These gain/loss is taxable?

for the a.y.2006-07 & 2007-08 what is the limit for surcharge applicable to companies

for a.y. 08-09 for individuals above 10 lacs surcharges applicable, the same applicable to companies ? or what is the limit for a.y. 06-07 & 07-08 for comapines

please sir.

Please submit me the information about all CA Final Referance Books under New Scheme.
My CA Final attempt on May - 2010 so far I have not joined any classes but i want to start my study from theory subjects.
So, Please guide me and give ur suggestions for referance books.

The assessee have not filed his return of income for last four years.The income for all those years exceeds the exemption limit and hence he was liable to pay the taxes.These all might had happened due to the ignorance on the part of the assessee.Now the assessee wishes to pay the taxes and file the return for all those years.My question is whether it is possible to file the return provided that the assessee is ready to pay the penalty if any demanded by the I.T department.