Hi,

if a vendor raise a bill after that deduction is being made while making payment then on which amount tax would deducted?
example - bill raise by vendor Rs.10000/- at time of payment deduction made on bill value for Rs.500? then tax on which amount 10000 or 9500 the deduction will made?

Dear Sir/Madam,

My client makes online Promotion on portals like Facebook,Google,etc wherein he charges rate difference plus commission.
For Example: If Facebook charges charges him 80, my client would charge 80 + 20 (rate difference) + 10 (commission)to his clients.
Kindly tell me as to on what amount should the service tax be charged ?
on 20+10 ?
on 80+20+10?
on 10?
As per entry (g)of the negative list Selling of Space or Time Slots for Advertisements other than Advertisements Broadcast by Radio or Television are not taxable under Service tax. So should that 80 be deducted and on balance 20+10 Service Tax should be levied or on the total gross amount ??
If my client do not wish to reveal his margin(20) than on what amount the service tax should be levied ?

Dear Sir/Madam,

I woulud like to ask you that if the date of ivoice is of Oct and the same bill is booked in Jan what will be the consequences?

What will be the last date of booking the service tax: is it 30days from oct or from Jan?

If Company X paid to contractor Y Rs.10000/-on 01.04.2012, Rs. 25000/- on 4.06.2012, Rs.20000/- on 14.08.2012 & Rs.25000/- on 31.12.2012. My question is in above case when Company X should deduct TDS? & on each single payment or when payment exceed Rs.75000/- i.e., on 31.12.2012. I want to know if Company X deduct TDS of contractor Y for F.Y. 2012-2013, then Company X deduct TDS from Payment to Contractor Y from beginning of payment or should wait to cross the limit of Rs.75000/-

Please give guidance to me.....

In my Ca firm an article has withdrawn/quit from ca course due to some family problem and she has completed more than 1 year of training in our firm . Now we are getting problem in her transfer as institute is stating that she does not satisfy the transfer criteria.

please suggest any procedure/reason so that she can get unregistered from the principal chatered accountant.

Fellow Brothers,
It is now mandatory to e-file form 3cd etc. before filing return for cases covered under tax audit. I tried to fill up 3cd form downloaded from dept site. There are some issues which are not clear & I stopped proceeding further. Point No.18 of 3cd, regarding particular of payment made to person specified u/s 40A(2). Here it is asking to fill the details date wise for each payment. It is practically difficult.Some times it runs into pages. Salary to 2/3 relatives would have easily 36 entries. Will it be sufficient to write 31/3/2013 and total of all payments made during the year? Pls. Note that Form 3cd as appearing in IT Rules does not require date wise details. Even in case of AS 18, Related party transactions, aggregate amount is stated. If any one has submitted form 3cd have experienced the problem. Any solution?
Thanks.

hello experts,
Please solve this query as early as possible

There is one partnership firm(let say M/s AB & co.) which has 2 partner Mr.A & Mr.B, they both contributed in firm & made 1 Asset which is registered in the name of Mr.B.Now Asset earn a hire charges which received by M/s B & co.(Mr.B's proprietor concern), Now Mr.B paid share of hire charges to Mr.A. from M/s B & co. So My Query is...
1) How we treat that Payment made by Mr.B to Mr.A?
2)Whether M/s AB & co. require to come to the picture or not?

Please give me feedback as early as possible.

i have sent to icai 103 102 forms and orintation and itt certifcates for registarion in form 103 i have missed to sign in one place icai have sent letter to me to fill that singn and to return 103 now i have to sign in xerox paper or the original which i had,that i have to sent to them ?

is it is safe to sent again original and left with out original copy with me

Suppose a Private Limited company has taken certain amount from an individual who is an outsider say Rs. 25 lakhs. The company is using this amount for buying and selling goods.What should a company do so that it does not Violate the Companies Act and Companies Acceptance of Deposit Rules, 1975?
Should it return the money within certain time period?
Should it make that person a sharholder?
Or any other option to avoid violation?

Hello Experts
I entered through direct entry scheme.
I want to take leave from this August for my studies for IPCC . In between(September) i will be getting GMCS-I .
Can i Claim my attendance in this 15 days which i used for GMCS. will it be considered as holiday or not.
please help members.... thanks in Advance.....