WOS of a US company has incurred share transfer expenses on behalf of Parent Company. The expense does not relate to Indian company. It has to be definitely debited to the US parent company. But, how could we do it? Is it by way of raising a Debit Note or is there any other mode? If invoice is to be raised for the same, is margin to be included as per Transfer Pricing?

The issue is pending since long. Could you please give us the best recourse .

Dear Sir,
We are to provide laiason and logistic support services for a foreign company.
a) Can we raise an invoice in USD to the foreign company.

b) Is service Tax @ 10.3% applicable.

Regards
S. Anand

We have paid TDS for the month of mar 09 for Rs.20000/- under section 194A.But in the payment challan we have wrongly mentioned 94H instead of 94A.In that situation what we do.

Education Allowance and Tution Fess both are taken as exemption under one return?

Suppose I have a bill with service tax.
Service charge AAA
Service tax @10.30% = BBB

[ Cess has not shown separately in bill].

If I book the bill in the same way and cess not book separately... is there any problem?

Separately booking of cess is mandatory or not?
If I book cess with service tax basic amount but shown service tax basic amount and cess separatly in service tax return then what will be the result?

Can Indian company purchase of agriculture land in India. Is there any procedure for the same. Pls inform me as early as possible

Thankig you

Rakesh R Kabra
9370310873

I would like to know that Education allwance (2400/-) and tution fees actual paid both is deductable from taxable income or any one would be deductable?

Accountant has debited the amt of Rs. 10lacs by w/o.it in P&L. It is advance money given to the Builders as earnest money. The contract is cancelled/not proceeded.The assertion of the accountant is that the amt. is not recoverable so it is w/o.The co. has no evidence or communication regarding the recovery of amount.

Q) Can co. w/o such amount in books???
Q) Is this amount allowable underIT act?? If not under which section??

Sir

Please Let me know about the gift deed to be made in how much stamp paper and stamp paper to be purchased in whose name wheather who give gift or who recived the gift and also can i have a format of gift deed

Whenever foreign co set up Project Office in India, it has to register itself with RoC and obtain Certificate of Establishment. What if the same foreign co sets up another Project Office? Does foreign co has to obtain fresh Certificate of Establishment or make amendments to the existing one? Which form is to be used for this purpose? Thanks