If an Indian Private Ltd. Co. has to pay pure reimbursement of expenses to its Group Company in China who has given the details of the expenses by way of a statement but no supportings for the expenses are provided. Then would Withholding tax apply for making payment to them? If so at what rate? Since these expenses are pre-incorporation expenses, whether the same would be allowable ?

Dear Sir,

We are an MNC having branches all over the world.

We have personnel traveling from our Group Companies to India for helping us on certain issues and so also we have our staff traveling to attend meetings, training to our Group offices.

Our Group Companies' raise invoice on us for the expenses incurred on our behalf (reimbursement) and we settle the same.

Off late, our bankers ICICI insist on a CA certificate for all remittances even when the invoices are supported by third party invoices for hotel stay, travel etc.

My CA insists that TDS will be applicable even for such reimbursement of expenses, which I disagree.

I would appreciate if somebody can throw light on this and let me know the provisio under which this is taxable or not taxable

regards

Sivaraman

Company paid to Adarsh Bhakt Mandal agt. "Swamoni" Parsad for Hanuman Jayanti.

Whether this should be taken as donation or Staff welfare exp

if it should taken as donation, whether this is allowable exp or not

and if it not donation, then whether FBT should be applicable on such exp or not

Sirs,

I have done some validation in Excel Sheet, i.e. i have used IF Formula but the number of entries is restricted to number 8 (eight) only. If i am putting any formula using 'IF' after 8th item the error is errupting that Formula is wrong.

So, my Q? is that is it possible to increase the number of entries using IF Formula?

What is the provisions for getting job outside India like Singapore, U.K.
What r the formalities of the local institute of that countery

What will be the penalty & other liability if service tax not paid on due date i.e on 31-03-2009.

What if part amount of service tax paid & part amount is pending on due date i.e. 31-03-2009

how p/E of two companies are compared for
to buy or not to buy a stock

Please any body tell me the either Circular or notification No. which has introduced the 5% tax on Indian citizens who is resident outside India, and earning foreign Income.
I feel that is announced on 7th or 8th April, 2009.

I want to ask this question just for my personal knowledge purpose. The questions does not relate to any person.
If some people are earning lot of black money. How can a citizen file complain against them without disclosing the identity of the complainer?

does the process of preparation of documents for a company to facilitate ISO audit of the Company attracts service tax?

If so, under what head of taxable service?

Based on my understanding of the service tax, i tell that it might be covered under business support service. But iam not quite sure about it.

Bcoz in service tax, we should initially determine, whether the said service is covered under taxable service or not?

My question is the aforementioned service is taxable service to be leviable under service tax ? and mention the taxable head of service.