one of our client has not deducted tds on freight and the amount of bill is Rs.40000/- and the client has debited the amount of freight to plant and machinery a/c.

i knw that there is liability to deduct tds, what i wnt to knw that what is the penalty for non deduction of tax in this case?

Question:

For a Foreign Company placed in Foreign. No Establishment in India. Placing a Candidate (Manpower) to that Foreign Company, the candidate is going to work in Foreign. For Placing the candidate amount received in Foreign Exchange towards our Placement Cost. Is it Service Taxable? If it is exempted from service tax, kindly provide me the section in Service tax Rule / Service Tax Act

CAN BONUS SHARES BE ISSUED MORE THAN PAR VALUE OF THE SHARES OF THE COMPANY??????
Can bonus shares be issued at premium???

Hi.
An assessee has deposited some amount in Public Provident Fund. Now every year some iNTEREST IS ACCRUED IN HIS ACCOUNT. hOW WILL THE TREATMENT FOR ACCRUED INTEREST WILL BE DONE. WILL THE INTEREST AMOUNT WILL BE ELIGIBLE FOR 80C DEDUCTION.

Fact :

1. ABC Limited has 4 directors on its board.
2. Out of 4, one director is not traceable and consequently, the company could not apply DIN for the said director.
3. The said director neither attended any meetings of the company nor involved in any activities of the company for the past many years.
4. As the DIN cannot be obtained for the said director, the company is unable to fill the details as required in Form 20B – Page 3 and file the same :

IV. Details of directors(s), Managing Director, manager and secretary as on the date of AGM or latest due date thereof

12.*Number of director(s), Managing Director, manager and secretary

Query :

Under the above circumstances, is there any best alternative to file Form 20B for the company and remove the default ?

Is there any best alternative to remove the missing director (for whom the company could not obtain DIN) ?

Thanks for the response on the matter.

SUPPOSE COMPANY HAVE AUTHORISED SHARE CAPITAL OF RS. 55 LACS AND PAID UP CAPITAL IS ALSO RS. 55 LACS. NOW COMPANY ISSUED SHARE APPLICATION MONEY OF RS. 30 LACS. SO TOTAL OF PAID UP CAPITAL AND SHARE APPLICATION MONEY IS RS. 85 LACS WHICH IS MORE THAN AUTHORISED SHARE CAPITAL OF RS. 55 LACS. SO WHAT ARE THE CONSEQUENSES ARISE?

One of my client based in delhi (head office) wants to open branch in Pune, Maharashtra , main objective is to sale their product within maharashtra, Gujrat etc.What will be the procedure for getting MVAT No.?

What documents are required for that?

Dear Sir

I am fail to file my salary return for AY 2009-10 before the due date. But TDS is already deducted by company from my salary and the amount of tax payable is nil. Also I do not have any other income. My query is that, Now if I am filing my return late then is there any penulty / interest payable by me or there is no need to pay any penulty / interest.

Please help me out.

Regards
Anil

Can toll charges & packing expenses be charged to FBT?

Hi,
I m C.B.Mishra.I want to know the procedure for change in finacial year of pvt.comp. as wel as pub listed comp.