PRANAV TRIVEDI
22 April 2009 at 16:40

FBT on interest free loan?

a company has given interest free loan to its staff. company has paid interest on secured and unsecured loan. whether interest free loan (@ int. paid on loan) will attrect FBT?


CAGulshan Gullu
22 April 2009 at 16:31

TDS on sponsorship(Urgent)



Dear friends, our company is going to become a sponsor in a seminar. The organisor have raised a bill of Rs. 4 Lac for the same. Have we to deduct tds on it? In which section 194C or 194J?


Samir
22 April 2009 at 16:26

SERVICE TAX

SIR,
WE HAVE PURCHASED MATERIAL FROM OUTSIDE THE STATE & FREIGHT FOR THE SAME IS RS. 5000/-. SERVICE TAX IS NOT CHARGED ON THE SAME BY TRANSPORT OR CONSIGNOR . WHETHER WE SHOULD CHARGE THE SERVICE TAX ON SAME OR NOT. IF YES THEN AT WHAT RATE.

THANKS IN ADVANCE


CHEZHIYAN
22 April 2009 at 16:14

Interest on delayed payments

Dear Friends,
Somebody Please say what is the Interest on delayed payment of ST for Individual & Company
Note: Both r in chennai
Please Support your answer with a proof a Web Link / notification /circular/ rules/


raval gitesh
22 April 2009 at 16:13

Proof of export

Dear Sir, we are in maharastra and from public ltd.co. we supplied to SEZ unit in maharastra against UT-1, party is not given to us original AR-E-1 and for the same they issued a one letter from local excise office that as per rule 30(4) they are sending to us only duplicate copy, our local excise officer is not ready for issue a proof of export certificate without original ARE1 and our party and his excise people is not ready for given original ARE1 copy. what's the result ?


Mayank Asaliya
22 April 2009 at 16:07

Related to CA Final attemp

Sir,
my final attempt due in may 2010, I am yet not passing CA Pcc examination if I shall pass the Pcc examination in June 2009 attempt than I am able or not to register for CA final May 2010.
Please give information about time limit for CA Final registration.


Ravi Kumar Rajgaria
22 April 2009 at 16:03

transport commision?

Lorry(belong to Mr. A) purchased bricks for Rs. 1 lakh and deliver the same in Y's address. I raised a bill on Mr. Y Rs. 1.10 lakhs saying the cost of the bricks and received cheque for Rs. 1.10 lakh from him and after receiving, i paid to Mr. A rs. 1 lakh.
Thus i earned Rs. 10K as commission.

Please tell this how i booked this income?
Can i booked in my P/L account as transport commission? What will be the treatment of received of Rs. 1.10 lakh in my books?
Should i have to booked Rs. 1.10 lakh as sales and payment of Rs. 1 lakh as purchase? If this is to be done then i have to do tax audit and registered for sales tax? Thanks im adv.


Ravi Kumar Rajgaria
22 April 2009 at 15:50

Turnover for Tax audit

I (individual) purchased shares during 2008-09 amounting Rs. 50 Lakhs and sold all amounting 52 lakhs. No opening/closing stock was there.
Pease tell i have to show in ITR as capital gain or business income? have i to get audit under 44AB.


raval gitesh
22 April 2009 at 15:49

S.T. on Pvt. Transporter

Dear Sir, I am in public ltd.co.in maharastra, we are deal with one pvt. transporter, we used for stock transfer to our depot and sale to our partites, the transporter is not regd.with service tax, so we paid service tax on behalf of transport app.Rs.7000/- per month, this amount is not deducted from transporter bill, we calculated as a consider 75% of bill amount and calculated service tax on 25% of bill amount. can we get a benifit of this service tax app.Rs.7000/- per month as a cenvat or service tax ?


vineet sharma
22 April 2009 at 15:47

Tds on contract

If a company has told a firm to make certain things for him eg furniture
Will tds on contract be applicable

In second case a company has told a firm to brind certain things for him which the firm doesnt have in the stock so firm bought that thing from another firm and sold to the company Will tds on contract be applicable

Assume that in both the case tds is apllicable





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