What is the Liablity of company to deduct Pf on contract labour

A company in India has entered into a Joint venture with a foreign company, say ABC Ltd(dealing in shares), to promote the Indian capital market. The Indian company has its staff deputed in the foreign company. The foreign company -ABC Ltd, enters into an agreement with the Indian company to market the produts of Indian capital for which a Marketing Fee will be paid by the Indian company.
Does this constitute Import of Service? Is Service tax payable by the Indian company in India on the Marketing Fee paid abroad?

An assessee owns a house with two car parking spaces. The house is occupied for his residence and car parking spaces are let out. Under which head would rent received from letting-out ONLY the car parking spaces(and not the house owned by the assessee)be taxable?

Thanks & Reagrds
Niki

Hi all,

Kindly resolve the following query:

Client being a service recipient do not want to pay service tax. According to the client (Govt. Body/One of the Ministry of Govt. of India), they are funded by Grants-in-Aid and as such service tax is not applicable.

Now, I wanted to know whether there is any law/rule/provisions in respect of Service Tax that allows non-applicability of service tax if service recipient has source of funds from Grants-in-Aid and thus not willing to pay service tax.

In case of above situation, what course of action should be taken?

Thanks in advance.

hi everyone,

1. I want to go abroad after completing my CA. (result awaited). can anyone please tell me which is the best country for indian CA`s, my prefrence is go to austriala & canada .

2. Is it compulsary to do CPA or ACCA for going abroad ?

3. IS Pre qualifiction experience i.e Article ship is counted as experience in abroad ?

4. give me rough estimate of the expenditure for this purpose ?

i am waiting for your reply,
thanks in advance.

Regards
Manpreet singh

e mail : manpreet-1@hotmail.com

Sir,
Ours is an registered ISP( Internet Service Provider) .We buy Bandiwdth from supplier and sell the same to our customers.Whether Provisions of Section 194J will apply while making payment for purchase of Bandwidth.Pl.reply at the earliest.

Our client has started new engg.college and he is looking for most efficient software which can assist in maintaining student data,fees collection & billing,library management and even financial accounts.Any suggestions please.

My Client is engaged in the business of constructing the complex and sell the offices.

Till the offices are sold, the offices are leted out.

This income of Rent, whether will come under the head House Property Income or Business Income ?

The shops are leted out for more than one year but it is shown as closing stock under the head current assets in the balance sheet of the assessee.

how the computation be made for rent income from these offices ?

Suppose i have purchased goods and the supplier has given it to transporter on last day of the month (say 30.06) (inv. date is also the last day of the month) but the material is received in the next..

transporter's LR is also of the last date of the month. (30.06)

NOw for the purpose of complying with the statutory matter i.e. Service tax on GTA and TDS on the transport bill which date shall be considered.. (as both shall be deposited with the govt. by 5th July and 7th July)

WE are booking purchase etc. on GRN basis then in such case my transaction will be booked in books of a/c. on 1st July.

So in above case whehter i have to pay TDS & service tax by 5th & 7th July ? or i can take the GRN date and pay it by 5th& 7th Aug.

Rohit

In case of education faciilities provided by the employer to employee in the institute owened and hired by the Employer, is it taxable in the hands of specified employees?