Hi friends,
Mr.A (exporter of India) sent a shipment to Mr.B (U.K.) at payment terms on 120 days. Mr.A has discounted the bill from Mr.C (A finance company at U.K.). Mr.C has sent the payment to Mr.A after deducting the interest and discounting charges.
1. is Mr.A is required to deduct the TDS on interest and discounting charges paid to Mr.C
2. under which section.
Please reply

HIiiiiiiii

Can any one tell me where i can show deduction on interest on housing loan in ITR-1.or u can tell me what amount i have to show in gross total income

A sum of amount received ( advance) on may,2008 against software license then it was not covered under servec tax. But I realased the licence on feb,09 to my customer and genarated invoice after purchasing from vendor then it was covered under st. From which date ST liability will be created on the advance amount received on May,2008 against that license ? urgent.

hi Gud noon to all of u.
all day u help others.
so hats off u guys.
cheers...

In the first quarter i.e. from 1.4.8 to 30.06.8 the medical reimbursement for my boss was 7584.

In the second quarter i.e. 1.4.8 to 30.9.8 was 11376.

In the 3rd quarter was 22150.

Then while calculating for the advance FBT for each quarter what should be the FBT for the medical reimbursement for the company Ltd. and if in the 4th Quarter it is 5000 then what should be the exact FBT amount for the year.

As in the provision in Sec. 115WB (2)(E) the medical reimbursement up to Rs. 15000. What does it mean?

Similarly we are taking medical reimbursement for the employees of our organization than what is the procedure to calculate the FBT for the medical reimbursement for the employees.

Plz clarify me.

Regards

Ramsankar

Hello Experts,

Can u plz tell me Limit of Authorised Capital when we add words such as :
INDUSTRIES, BHARAT, HINDUSTAN, CORPORATION..
In companies Name.

Very Urgent.

have changed my job from Chennai to Jaipur in June 2008. I have applied for refund of PF and at that time I have an account with CITI bank Chennai. After leaving Chennai I have closed my bank account at Citibank Chennai and opened a new account at ICICI Jaipur.

PF office has remitted my PF amount direct with Citibank Chennai through RTGS under intimation to me.

Citibank is not confirming the receipt of fund and now I don’t have any account with them. I have made several correspondences with Citibank and PF office but no one entertaining my problem.

What should I do Please help.

Please let me know in private limited company is it possible to claim expenditure incurred by directors through his credit card, as business expenditure please its urgent please reply.

Such expenditure is in nature of hotel bill, petrol diesel etc please reply with reference to some section or case laws

hii everyone
is the last date for submission of advance tax for A.Y 09-10 for month march extended to 16th of march 09?

its urgent!!!!!

Conveyance (U/s 10 (14) )paid to employees in salary structure. FBT is applicable on that amount ?
If yes what's rate?