In The case of Company,
Suppose we had create a provision of Rs 10000 for commission on 31.03.2009.
T.D.S is deducted on 02.04.2009 and payment is made on the same day.
The T.D.S amount is paid to government on 15.04.2009, then
For which Financial year the T.D.S credit will be available and
For which Financial year the commission will be allowable as expense, whether F.Y 08-09 or 09-10
What will be the treatment of the party receiving commision as income
Whether that income will be disallowed in the F.Y 08-09

Our company imported some raw material from other county. we paid custom duty,exice duty etc. this raw material is processed and made into finished product
when we export can we claim custom duty draw back ? under which section we can claim ?

with regards
R. Purna Ch. Achary
Jr. Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS.
if Yes What percentange I deduct , under which section ?

with regards
R.Purna Ch. Achary
Jr.Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS.
if Yes What percentange I deduct , under which section ?

with regards
R.Purna Ch. Achary
Jr.Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

Dear All
we are a leading manufacturer of pig iron, now we want to go for producing a cast iron articles & this cast iron articles is aslo used in our plant & machinery for the production. now sir plz suggest me for
which document prepare for the issue of pig iron for producing C.I.Casting. & also C.I. casting issue for used as a plant & machinery. & its a mandatory to issue EXCISABLE INVOICE for the issue of goods for captive consumption.
plz suggest me a good procedure for mentaining records asper excise rules
thanks in advance.

a waiting for your reply.

regards

sandip bhogayta

Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS.
if Yes What percentange I deduct , under which section ?

with regards
R.Purna Ch. Achary
Jr.Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

Our Company directors stay in Guest house which is not maint. by our company.the guest house provided food,telephone,lundry & entertaiment.and lodgind & Boarding. the bill is made on our company. our company pay this amount. Can I deduct TDS.
if Yes What percentange I deduct , under which section ?

with regards
R.Purna Ch. Achary
Jr.Finance officer
DAESUNG ELECTRIC INDIA PVT. LTD

Dear Friends,
I have completed my CA in May, 2006 attempt & doing Service.
Now i wish to do one more course.

What should i do :-
1. CS
2. ICWA
3. MBA (Correspondance)

Our company director stays at Guest house
This Goust house is not maint.by our company, but what are lodging & Boarding exp paid by our company. can i deduct TDS ?
If Yes, what Percentage i deduct ?

Loading & Boarding means :- Stay & Accomodations charges, food exp, entertainment exp, use of telephone, lundry etc.

What is 'Unique Transaction Number' ?