1.The Department has issued a Notice to company that mending contractor has made contract work and his services covered under manpower recruitment.
2.The company has made excisable commodity
3.The contractor has done work with his friends
4.The limit of exemption has been cross
5.In regards of work done by himself and with his friends a litigation may be attract that manpower defeination is imforced the recruitment agency which can not work but impontment for the same work with efficeny of person and requirment of employer.
So pl. tell what is the pledinng answer made to department.

Our friend was paid Rs.63000/- tds on salaires

and total 1 lakh 80 C completed


again his tax liability was Rs.5000/-

Please suggest investment otherthan 80C - because he was going to refund

plese sir help me

WE HAVE MADE AN AGREEMENT WITH ONE OF OUR RETIRED EMPLOYEE WHOC IS AN ADVOCATE AS REATINER AND ARE PAYING RS 70000/- PER MONTH. WE ARE NOT PAYING ANY OTHER BENEFIT TO HIM EXCEPT HE MAY NE ALLOWED 30 DAYS LEAVE AND CAN TRAVEL IN COMPANY ACCOUNT. PLEASE ADVISE UNDER WHICH SECTION TDS SHOULD BE DEUCTED ? WHETHER U/S 192 / 194 9C ) / 194 ( J )?

this problem relates to capital budgeting. the project requires an up front investment ranging between RS.800000 and rs.1200000.how we are going to take this while evaluating the proposal.

There is a hotel in which second floor is vaccant.and one pub approached to hotel to give the part of that vaccant palace to pub on lease.but to make the space ready for lease,the hotel had to set up partition and a small kitchen.various estimates of the upfront renovation cost ranged between Rs. 750000 and rs.1000000.the cost would be depreciated over the life of the project using slm,with zero salvage value.My question is how we will consider range while evaluating capital budgeting proposal?

We have imported Machiney Nov 2006 in which CVD involved but due to misplace we lost Original Bill of Entry+Bill but we have only photo copy of Bill of Entry+Form 31+Pmt Detail,in what manner we can CVD Claim

Hi Sir / Madam

As per my CTC I am getting reimbursement against phone bill , news paper bill from my co. But my question is as per IT it is treated as salary or it is only expenses reimburesement on which co is paying FBT? Means it is taxable or not.

Regards
Anil

1) One of my client is a transport sub-contractor.
2) Principal of the above is a corporate entiry who have awarded contract for unloading the material from wagons and transportation of raw material from railway station to the factory site to the contractor. Who in turn has awarded sub contract for the same to my client.
3) He is responsible to hire the cranes, trailors etc and to arrange for labour and pay them the hire charges and labour charges. In turn, he raises bill on the contractor for subcontract charges.
4) What is the service tax liability of my client in this regard? Is he liable to get himself registered and pay service tax? If yes, what would be the assessable value.
Thaks in advance/

I want to join CFA.
What is the best university for CFA ?
I heard that UK CFA is the prime world wide... is it true? if so can i do UK CFA from India?

Plz guide me