is there any provsion under 194C where the deductee
can get the certificate of lower deduction? as far
as i know that in contract cases lower or no
deduction certificate is only valid ofor sub-contract?
one of my client is saying that his transporter ios
saying that he has got the cerificate of lower
deduction?
is there any rememdy if the contractor refuses to be
get his tds deducted?
what if contractee pays tds on by his own self?
in such case will he have to issue tds certificate
for full amount?n the deductee will get benefit of
whole amount?

thanx
C.A. Arun Shah

Dear all,
Could u pls. give me details regarding procedures to be followed for being approved U/S 35AC of Income Tax Act.
regards
ca sanjay chaudhary

Dear all,
PLs. give me in detail,the procedures & documents required for getting Import & Export Code.
Thanks & Regards
ca sanjay chaudhary

Hi everyone,
I am semi -Qualified[CA PE II],I have got job offers in Deloitte and Aster Comm.In Deloitte its US Taxation and Aster excise duty related.So which would be more usefull as a career.

Section 40(A)(3) related
1. Payment made to State electricity board will be disallowed ? will it be considered as payment to Govt. ?

2. Payment is made to the depositer by debit his account and crediting the a/c. of payer's sister concern. will it tanamount ot violation u/s. 40(A)(3) ?

Another query is : There is purchase of Land with building for Rs. 1 crore. now for sake of computation of depreciation, how should I seperate the amount of land and amount of building ?

We have taken a machine from our parent company which is in malaysia on hire, and paying hire charges evry month, what rate is applicable for TDS Deduction, whether its applicable for DTAA rates, Pls.. Urgent...

Sir,

We have shifted Old Machinery from our Bahdurgarh (Haryana) unit to Banglore Factory an amount of Rs.9 Lac and paid Freight Rs.30000/-, which we were paid entry tax. Further we have paid Rs.60000 on installation/make of foundation.

I would like to know that can we capitalised these expenses or not.

Pls advise us the treatment of expenses.

Regards


Baljinder

Sir,

Are we liable to deduct tds on supply the follwoing Service :

1. Morning & evening Tea given to workers & staff member by Tea stall monthly bill around Rs.50000/-
2. Tiffin Lunch supply by party to our factory for staff & workers. Supplier not registered under service tax or vat. so he not charge any tax on his bill. Monthly bill around Rs.135000/-

Pls advise that is we liable to deduct tds on these type of service.

Whether VAT paid on Purchase of Air Conditioner for the factory of a Textile Manufacturing Company Can be Claimed as ITC under TNVAT Act ?

Can anyone help me out!

Thanks for taking a step forward in solving my query!

What are the things to be taken into consideration while performing internal audit of companies!

Waiting for reply.........................!