say a Indian Co. is going to held a conference in abroad say in Bangkok. About 25-30 participents are going there.

Co. is going to incurred

1. Travelling exp. like Air ticket exp.

2. Hotel room booking exp., Conference Hall booking , foodings & other relatred arrangement exp.

My question is that whether all these expenses are attract TDS to be deducted by us on the Foregin Co.

if yes then whether the TDS certi. are acceptable by them in general practice.

1)Special provision for Unlisted Public Companies.?
2)Sections where they are very different from Private Companies?
3)Special Compliances?

In view of the Delhi High Court's decision of holding service tax on commercial rental as unconstitutional, how do we go about this in Andhra Pradesh? Service Tax is a central tax and uniform through out India.

Dear All,

"Every assessee should raise an invoice/bill within 14 days of rendering service, indicating the value of service and service tax payable. "

If the invoice is not raised within 14 days, but at a later date, what will be rate at which service tax is to be charged.

For example:

Service was rendered on 25th January 2009.
Invoice was raised only on 2nd March 2009.

What is the S.Tax rate that is to be charged - 12.36% or 10.3%?

Kindly reply at your earliest.


With regards,

Saranjha.

How do i get I Owe You Format-----URGENT

dear all,
Whether any reimbursement to an employee is liable to FBT ?

Dear Members,

In many balance sheets I observe a line always attached with debtors in schedule
i.e (Debtors are subject to confirmation).

May I know the source from where the auditor or management got right to attach this line.

Please reply ASAP.

Regards,
CA Rahul

Hi experts,

Our Auditor has charged service tax on professional fees( Related to filing form A under Sick industries act), Xerox charges, and travelling expenses. Please not that he has raised individual bills for all of the three services (?) above.

The Tax law says

"Value of Taxable Service:
In the case of practising Chartered Accountant, Practising Cost Accountant and Practising Company Secretary– “Value of taxable service shall be the gross amount charged by the service provider for such services rendered by him.” (Section 67 of Finance Act, 1994 as amended)". Further to add, the law defined the taxable services can be provided by a Chartered accountant, and I believe the above said service is not falling under the tax net.

Is the tax charged by the auditor for reimbursement of Travelling exp. and xerox charges is correct. Pls clarify with possible arguement.

Thanks.

Dear Members,

In many balance sheets I observe a line always attached with debtors in schedule
i.e (Debtors are subject to confirmation).

May I know the source from where the auditor or management got right to attach this line.

Please reply ASAP.

Regards,
CA Rahul

Please help me the following query:
Whether expenditures like audit fees etc. are allowable in case of voluntary closer of business?