Can the loss arising from one business "Business Loss" can be setoff against the income of another business during the same year - while filing belated return.

will TDS u/s 194c attract when business transction are made for which payment is made between the companies with same managment,same directors with same holding of shares???
can answer be changed if one company is holding the shares of other sister group company having same management???

can any one tell me weather Delioud and KPMG are audit firm or consultancy firm.

An Indian company needs to pay to a group company in Switzerland its share in integration of Indian company in SAP system of the company. The bill for the same has been raised by the Group Company. Whether is it liable to TDS in India and under which clause of DTAA and at which rate?

Can this transaction be treated as reimbursement of expenses to the group company by the Indian company and hence no need to deduct tax at source is required?
Thanks.

Sir, section 274 (1) (g) of companies act, 1956..... is this section applies to private companies as well or only for public companies?
Whether a director of private co. if disqualified on the same terms as mentined in above section then can he be appointed as a director in another private company?

We are exporters of agricultural commodities.
Our suppliers (service providers) are charging service tax on freight bills, Professional surveyors, commision by bank against realisation of export proceeds,etc.

As per notification no. 33/2008 dt 07.12.08 clause 'e' of notification 41/2007 has been omitted.
clause 'e' states service tax cannot be claimed if assessee is "availing drawback of service tax paid on the specified services under the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995; "

CAN ANY 1 LET ME KNOW WHAT IS THE MEANING OF .............drawback of service tax paid on the specified services under the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995........

HOW CAN DRAWBACK BE CLAIMED OF SERVICE TAX? drawback is claimed on goods exported & not on service tax.

my contact details are:
Cell - 9930361807 & nikhil@shlogamagro.com
Nikhil

Dear Students & Members
I want to ask whether is this true that now a Ca Student who is either registered under CA Old course or New Course shall not be allowed to take transffered under the new rules.If that is the case then a Student who wants to do IT Training will be not be allowed if he/she is already under register under a Ca Firm. Such a sad decision from ICAI.Is this a Justice made to CA students.
Please discuss on this.
Thanks in Advance.

Respected Experts

Could you please give me idea about what are normal audit steps of a company (private)? In other words, How should we start it and where should we end it?

Please guide.

Thank you.

Expenses collected from customers, which were part of sale price, escaped to be added in sale price.
Now in march, on all such Expenses vat was collected and paid.
The qs. is whether now all the returns filed till now should be revised and whether tax invoice should be issued in the date of original sale?
OR
only the return of march will be affected?
(dealer is filing monthly vat returns)

Dear Experts,

My query is regarding Outward Freight [Carriage Outward] paid on behalf of Customer..see the points below..

1.We are making the freight payments on behalf of our customers and later on charging the same to the customers in access of Invoice Value

2.Our Transporters/Courier companies are raising the bills on monthly basis to us on which they are charging the Service Tax as applicable %

Pls.clarify whether still such expenses are liable for Service Tax ?

Sometimes it happens that we might get the 100% of the freight paid on behalf of customers and also possible of not getting the full amount paid...