Priya
02 September 2013 at 20:54

Application form - issue of shares

Sir,

what does the first applicant, second applicant and third applicant stand for in share application form for issue of shares.

Are they joint holders or nominees of share.

advice



Anonymous
02 September 2013 at 20:46

electricity bill deduction

Sir
I am a legal professional. I paid Rs 40,601/ as electricity bill during FY 2012-13 out of which Rs 15770/- was electricity bill dues of FY2011-12.Should I claim 40,601/ as business expenses or should claim 24,831(40601-15770).
Thanks


Rakesh Sharma
02 September 2013 at 20:37

Tds on reimbursement of expenses

Dear Sir, We have imported 2 consignment & our CHA paid Detention on our behalf as per details given below :-
1) Rs. 35710/- paid to MAERSK Line (Foreign co.) & issue us debit note for the same.

2) Rs. 31485/- paid to The Shipping Corporation of India Ltd. (Indian Co.) & issue us debit note for the same. My question is :-

1) In first case there is no TDS liability to us as MAERSK LINE is Foreign co.

2) In second case payment made to The Shipping Corporation of India Ltd. We should deduct TDS on this payment. As our CHA paid on our behalf, should we deduct the same on payment made to CHA against their Debit Note.

3) We often reimburse expenses of our CHA, if their account cross the limit of Rs. 75000/- (Payment made to Foreign Co. & Indian Co.), should we deduct TDS or separate maintain account for payment made to Foreign Co. & Indian Co.

Please advise & give a perfect reply.


GAURAV BAJLA
02 September 2013 at 20:37

Evaluation of ca exam papers

I would like to know the procedure of applying for evaluation of CA exam papers for any level.I am a member of the institute since 5 years.

Thanks
Gaurav Bajla
Membership no.066761


hitesh sharma
02 September 2013 at 20:35

Export of service

My Client received work order for data processing from USA & my client process the data online at his office ( i.e. in NOIDA)

Client send the bill to USA via mail & receives the payment in USD $ . Will this be covered under Export of Service.


R Vignesh
02 September 2013 at 20:30

Study tips for ipcc

hello everyone.. I have planned to give my ippc attemp coming November 2013.. due to some factors I was unable to study in past months. now only 60 days more and I want to write both groups. please give me some suggestions, reference and tips on cracking ipcc this attempt.



Anonymous
02 September 2013 at 20:28

40(a)(ia)

In my case assessee has not deducted tds on interest portion of EMi to a NBDC during the financial year

Assessee has paid the amount of interest during the year.
I have read somewhere that SEc 40 a (ia)
is applicable to "AMOUNT PAYABLE" and not applicable to the expenses paid during the year. Is this true..??


imran
02 September 2013 at 20:24

Article

Its true ....No value of. Ipcc 1 group pass student in an article firm


manohar nirne
02 September 2013 at 20:10

Incometax

x- has HP income(net) 203000
x- has long term C. gain 424547
x- has SB 80TTA income 1408

x- paid LIC Sec 80C 99730

Please Please calculate tax in details.
whether can 80c adjusted against LTCG.

Thanks.


Dipesh
02 September 2013 at 20:04

Query about service tax

Query About Service Tax...
Is Facebook and Skype under Service Tax in India?
On what revenue Service tax is levied...






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