The vendor has entered into agreement for supply of technical resources/manpower for our onsite project in India for temperory period, the resources are onroll employees of the vendor getting a regulor salary from vendor.

The vendor is doing billing under the discription of "Towards service charges and transfer fee of deputees for the month of ....".

As per above, please suggets under which section TDS should be deducted, 194 C or 194 J.

We are engaged labour contracts, they are supplying the labours monthly basis contrator will raise consolidated bill along with the supporting of individual labour details and he is charging fixed amount as service charges for each labour.

The contractor charging the service tax on full amount.

My question is whether this is correct or he has to charge service tax only on service charges?

Hi,

A Pvt. Ltd. has taken a loan from B Pvt. Ltd. company.

Both companies A Pvt. Ltd. & B Pvt. Ltd. are group companies.

Can you please tell me what documents are needed to explain this loan transaction to Auditors.

can anyone answer this?

what is the time limit for remiting TDS with central govt for the month of march? The time limit of upto filing of return applies to the TDS deducted for whole of March or For 31st March only ? please clarify with case law or section reference?

Dear Sir,

Is the case maintainable if filed against twice dis-honoured instrument?

Is there any letest verion of Supreme Court in this regards?

Please reply at earliest.

Thanks in advance.

Sudhakar Yeradkar.

Pl giv the solution for the following case

The company has no revenue.it has only operating expenses.
is it compulsary to prepare P&l A/C.
or is it enough to prepare only Statement of expenses and prepare Bal Sheet.

If Preparation of P&l is compulsory as per which AS it is required.

while Preparing tds return of 4th QTR i Enter challan date 08/05/2009 instead of 08/04/2009 . how can i rectify it.


What is correction statement & tellabout its procedure

Hi,

i am a commerce graduate and currently working with Ernst and Young as an entry level auditor. My Carrier Goal is to grow in FINANCE field not AUDITING.

Thus I am thinking about ACCA ( Association of Certified Chartered Accountacy specialised in IFRS Standards) + MBA.

Would it be right carrier path for me?

What is Unique Transaction No. for TDS.Do we have mention the same in filing ITR for the F.Y.2008-09 & if yes then who is going to provide the same. Is it apilicable for the F.Y. 2008-09. As per my knowledge it is going to be applicable from 01.07.09 am I right ?

sir,

Please clarify the applicability of service tax in the following situation?

1.Mr. A has purchased rice 100qtls @2500/- amounting to Rs.250000 on ex-factory basis from B.The rice is sent to A through Transport agency for freight of Rs.32000/-. At unloading weight is 98qtls. Now there is shortage of 2qtls amounting to Rs.5000/-.So, A has deducted this amount of Rs.5000/- from the freight payable to GTA, and paid Rs.27000/- to GTA.

Please clarify whether service tax is applicable:
a) on 32000/-.or
b) On 27000/-

Please explain it because it is happening in every industry.