It is learned that TDS is to deducted for any payment of Royalty above Rs.20000/-. But let me ask you, If the business is a proprietory concern and its turnover is below 40 Lacs, is it necessary to deduct TDS on Royalty payments above Rs.20000/-

As a Statutory Auditor, how do I convince myself that my client has entered in to transactions at a fair value with a related party?
To be more specific, my client has imported Capital Goods and Spares from Related Parties abroad but the imported value seems to be high as similar products are available at cheaper rates in India. What document should I ask my client other than Bill of Entry from Customs to satisfy myself that it is imported at fair value?

hi
for exemption in any paper in any group do we have to give all the papers of that particular group or just that paper.

Sir,
Please help me in in my query. I am CA student going to appear PCC in Nov 2010. I am not much expert in accounts but I like Taxation & Costing . If I give special importance to these subjects than accounts what wil be scope in future for me ?? Or otherwise I have to do some better in accounts. For a CA student is it hoghly necessary to be best in accounts or if he is good in costing & taxation wil there be enough scope. If yes what kind scope ?? Plz explain me!!!!!

Tax deducted in the month of march 2009 what is the due date of Deposit?

Respected experts

I need handbook on corporate and allied laws by Munish Bhandari for CA Final New Course. Is it available in the market? If yes,where can I buy it online?

If no, would it be right for me to buy handbook on corporate laws and secretarial practice by same author which is for old course. Pls guide.

Thanks

Our company is the manufacurer of wheat products. Please email the working of valuation of closing stock of Finished goods such as Atta, Maida, Sooji and Bran.

rajdeepstar@rediffmail.com

What are the obligation of Pvt. Ltd.in case of take over to a another profitable Pvt. Ltd. Co. ?
(Take over is going to be at Par)

What Compliance are required in Income Tax law ?

Capital sum has been paid by the partnership firm to partners retired on 31-03-07 on 30-09-2007 togather with interest. Can this interest paid during f.y. 07-08 to retired ex partners be treated as interest paid to partners for exemption from tax deduction U/s 194A(3)(iv)? does the term partner in this section include an expartner?

I have a bank account which has transactions of the financial year 2008.

What happens if I dont disclose it in my returns?

Someone said, each deposit in my account will be taken as income .... is it? Under which section? pllzzzzzzzzz 4 god sake help me!!!!!!!!