DEAR SIR,

PLEASE SEND ME THE SOFT COPY OF CA NOTIFICATION NO.1 CA(7)/53/2001 REGARDING THE CEILING LIMIT OF AUDIT ASSIGNMENTS


REGARDS,

JEEMON JOSE

Hello Experts

I have queyr about a case
the case is "We send some part to outside india for repair and their maintence" and we pay them for the maintenace or repair.

Now my question that Is there any liability for TDS my opinion about it that the service has been rendered outside india and the payment is also made them outside india so there should not be any liability for TDS.

as per latest decision is it required that service must be rendered in India and utlized in india?

is it fall under section 9 or not?

Hi

can anyone tell me how the director's remuneration to be treated in the p&l a/c. since company reports under the head of mfg, selling and admin expenses in the AR.

can be considered/shown/taken under employee cost?

Regards
N Nagarajan

Hi

How the excise duty on stock in trade/finished goods are to be treated in the p&l account compare to excise duty paid on sale of goods (since companies reporting in two different places i.e below gross sales and under expenditure side in the Annual Report).

should be considered under stock adjustments or under expenditure side or should be included with excise duty paid on sale of goods.

Kindly clarify

Thanks & Regards
N Nagarajan

The terminology used in Section 40(a)(ia) is 'PAYABLE' any royalty,fees,commission ,brokerage payable or any amount payable to a contractor etc.

Does it mean that any amount which is PAID during the year as royalty,fees,commission ,brokerage or an amount paid to a contractor on which tax is not deducted or deducted but not paid is still allowable? Yes,it seems from the wording, if read carefully .

hi,

can any one tell me that, as an article student. can i receive any commission in my name. as i know commission falls under salary head.

can we take inter state transfer

I have been doing Exports from India for the past two years.

All of my shipments are on NON DRAWBACK that mean a Free Shipping Bill.

When I send a shipment I sent a set of following documents -:

SLA Shipper Letter of Instruction
SDF Shippers Declration Form.
Invoice
Packing List.

Now the payments which I receive is in my Indian Bank account is USD converted to Indian Rupee.

Bank issues an FIRC for the same.

Now I have a SALES TAX matter where I have to get money refunded on the EXPORT done outside India.

The sales tax dept requires BRC (Bank Realisation Certificate)

When I approach the bank, they ask me for the following -:

Invoice
Request Letter
Shipping Bill copy
SDF Form.

When I re-checked the files many I have all the EXPORT DOCUMENTS like Shipping Bill, Exchange Control Copy, Invoice, HAWAB and the AWB

But many doenst have the attested copy of SDF's ?

What do I do now to have many BRC ???

Please advice it would be of great help.

Respected Sir,

with in what time after the incorporation of company the shares to be alloted to the subscriber to MoA and AoA.

Suppose the income is shown in A.Y. 2007-08 but the TDS was not claimed in the INcome Tax return as the TDS certificate was not available at the time of filing of return. Now we have received the TDS certificate and we donot want to file the revise return.
How can i claim the amount?
Whether a letter is suffice writing to AO about the details and claiming it?

Can i claim it in A.Y. 2008-09 as SEc 199(3) is amended where it doesnot speak that the TDS will be allowed only in that year in which income is offered?