There is a back to back work contract agreement between a contractor and a sub contractor.The clause of agree. is that contractor will raise a bill of gross amt. to contractee. and out of the payment received from the contractee, the contractor will deduct a sum of Rs. 5% of amt. received(out of gross bill local taxes and TDS will be deducted) and than the balance will be paid to sub contractee. My query is on which amt. the contractor will deduct TDS and make a payment to sub-contractor(whether on gross amt or on the amt. to be paid tothe sub-contractee). and whether this 5% amt will come under the purview of Sec.194J.

i m CA final Student( Due Nov.'09). right now i m engaged in articleship.
i want to know about the Industrial Trainnig, when can i pursue, what are its benefit?
do i get any exemption in my articleship period?

Sir, In case of change in Bord of Directors due to expired of a director , resined , which are government authorities required to be informed means excise office ....etc?

Q. Is FBT is leviable on Internet charges or not ?

Dear Sir,

I want to know about share application money because for last 11 month my share application money didn't transfer in share capital, it will attract any penalty or other liability from registrar of companies.

Regards,

lalit Kr Sharma

i am working now as consultant in one of private LTD co. ( Finance and Accounts consultant )on part time basis and getting fixed income as Consultancy fees on yearly basis. Now, i want to do practice in continuation of the consultancy i can do So ? Please give the feedback to the earliest

Dear Professional Colleagues, Please could anyone provide me with the suggested answers for Nov 2007 CA Final exam. A quick response would be appreciated.
Thanking u all in anticipation.

What is 'Trading on Equity' refers ?

Respected sir,

One of the party is selling the Product to NHAI for construction of roads on which NHAI is deducting the TDS according to the rule of juridiction of state.

The party has not charged the CST on the same
as per the contract agreement with NHAI and the party is also not a registered dealer of the state where supplies the material. However the party as per contract construct some of the item in the different state.

I wants to know how to show this amount in SECTION O of Form 704.

Regards,

Prabhakar

Respected Sir/madam,

I am getting difficulty in presenting the Work contract sale made in mahararashtra and the concerned dealer has deducted the TDS on sale.

I doew not able to find the solution to show this amount in Section G of form 704. Please help me out this query.

regards,

Prabhakar