Whether a Chartered Accountant holding full time COP can be director in a company?

is TDS applicable on foreign payments for webhosting ?

my arguments or points

a. this service comes under royalty services. we are paying royalty for usage of their software and computer for a price.

b. the company is based in USA and does not have any Permanent Establishment in India. so NO income accrues in India.

c. Service is rendered abroad and payment is also made in foreign currency directly abroad.

d. most of my clients are located aboard.

e. there was a case where an Indian company WIPRO subscribing to an Online database of a foreign company which is maintained by the foreign company and the ruling was that NO TDS is payable on that payments. does the same apply to web hosting?

Sumeet

ONE OF MY CLIENT'S RETURN FOR THE ASST.YEAR 2006-07 HAS BEEN FILED IN THE MONTH OF MAY-08 & HAS BEEN ACCEPTED BY THE INCOME TAX DEPARTMENT, SO NOW WHAT ARE THE CONSEQUENCES ?

Can any one tell me regardng Revenue Stamp affixing on payment made over Rs. 5000/-.

What is legal procedure for affix Revenue Stamp, if not compliance what will be the Penalty?

Thanks

regards
Rajesh

hi,

we the contractors for telecom cabling and we are offering sub contracting to others some of the work in projects. Please let us know, are we liable to deduct ESI and PF as rates applicable if the subcontractor is not registered with the respective laws.

Thanks
Basavaraj

in service like counsulting engineer software service is not included.
so can we say that service of software consulting is exempted service

or

service which are not included in that 100+ service mentioned in section 66 can be called as exepmted service

plz if possible give refrence to any provision

Dear Friends,

Last year I changed my residence and this change was not intimated to the Income tax department as I did not have any proof of residence.

Further, last year, due to some financial crises I cold not pay the remaining income tax (over and above the Tax deducted by my employer)and Also did not file my return.

In this regard I have two queries:

1) how to find out whether I have have been served any income tax demand notice.?

2) for this year's return, which address should I mention in the return form - my current address or the address which is there in the income tax department record..?

other information

I am salaried person and I am residing in a rented flat without a rent agreement.

Please provide me your valuable advice

I want to study foreinsic accountancy from ICFAI university ? will that be a good decision for me? I am pursuing CA & ICWAI final.

sir tell me article traning after cpt june 08.( will traning be started pass the pcc ist group )

i purchased a new machinery for Rs200000 and company gave a 1yr warranty.After 6months due to some technical problem machine got repaired and co. replace some spare parts and raised a invoice forRs50000 and on that invoice mentioned free of cost.my query is whether i should capitalize this extra 50000 also even though i not paid any amount.