If co. book air tickets from an agency and agency charge fees for this, then on which amount tds should be deducted.
Whether it should be deducted only on service amount charged by agency or full amount including air fare.
What if agency issue bill for full amount i.e. air fare and service charge both?

if a private company takes a loan from the director or gives a loan to the director then what are requirement under caro , As-18 in the annual report

The tax ready recknors states that the TDS rate for interest "other than securities" in the case of a domestic company is -20%

However, if one looks at the Finance Act -Schedule-I, part-2, the rate is mentioned as 10%

Can anybody clarify, pl.

Dear all
we are doing jobwork for 100% EOU.job work done by us falls under ch.39 onwhich appropriate duty is 8%.The appropriate duty of excise shall not include NIL rate of duty or duty of excise is wholly exempt.
The pricipal (100%EOU) is clearing goods without payment of duty not because of goods are under nil duty or exempt.
my question is : 8/2005 can be availed ?
If not Why?

My company does not expect to be profitable for two to three years after 31.03 09.

For the timing difference in depreciation should we provide deferred tax liability?

Or consider such liabilty when we are sure of making profits?

how to rectify the return? by revised return or wht?

If i have filled my income tax return for F.Y.2007-08 electronically, whether it is compulsory to file income tax return for F.Y.2008-09 electronically or i can file it manually ?

In income tax u/s 139 in 3cd report we have to mention the o/s indirect taxes details but in service tax we take book the tax when raise the bill but the service tax paid when collection is receive from party then we take the service tax exps. or not ?

my friend has purchse a building of rs 200000. amount in stamp paper value display rs 200000.
but actual registed at rs 325000.
What amount will be show in income tax balance sheet

If co. book air tickets from an agency and agency charge fees for this, then on which amount tds should be deducted.
Whether it should be deducted only on service amount charged by agency or full amount including air fare.