my clients sister concern(first Party) is paying the office rent for my client(second party) and first party has raised a debit note on second party for reimbursement of expenses. first party has deducted the tax at source while making payment of rent to the owner of the property. But, second party has not deducted the tax while making reimbursement of expenses to the first party.Memorandum of Understanding made between first party and second party states that "the first party has agreed to allow the second party to use and occupy the said property as per terms and conditions of the leave and license agreement entered into by the first party and the property owner on condition of reimbursement of all the expenses incurred by the first party."

Now please tell me, whether second party is required to deduct the tax at source on reimbursement of rent to first party???
its urgent.

What is the tax rate for A.Y. 2008-09 for Non-Resident Woman who has income from India? I have checked the rates but in Direct Taxes it is mentioned that those rates are applicable only to RESIDENT WOMAN.

I have appeared for CA final II group, I group already cleared. and working in US MNC in Fin & Acct dept have 4 years exp.
I want to join SAP FICO, How beneficial for me and what will be scope in future ? In trems of Career and money also
Is it worthwhile to Join SAP e course .
Kindly Guide....

Thanks

I have appeared for CA final II group, I group already cleared. and working in US MNC in Fin & Acct dept have 4 years exp.
I want to join SAP FICO, How beneficial for me and what will be scope in future ? In trems of Career and money also
Is it worthwhile to Join SAP e course .
Kindly Guide....

Thanks

sir, i have 1000 shares of satyam computers @rs 500 means total delivery in my account is rs 5 lacs. if i sold 1000 shares at higher rate say 520 and then recover at 500 then total sales in my account is 520000. if same entry repeated means sold at higher rate and recover at low prices then after repeating 8 times my total sales exceeds 40 lacs but my intial totol investments only 5lacs. i have only repeated the entry . whether i falls under sec 44AB for tax audit or not YES MEANS REPURCHASE. sold 1000 shares at higher price and repurchase the same at lower price .

Dear Sir,

I am the student of the esteemed Institute i got registered in the year 1992 and completed my article ship and appeared for intermediate exams also but i did not get through it later i discontinued. Now i wish to continue the course Please guide me what is the procedure for me to continue the course

Thanks & Regards
Srinivasan.P

Dear Sir,

I am the student of the esteemed Institute i got registered in the year 1992 and completed my article ship and appeared for intermediate exams also but i did not get through it later i discontinued. Now i wish to continue the course Please guide me what is the procedure for me to continue the course

Thanks & Regards
Srinivasan.P

Invoice is raised agnst a co resident outside india for the services rendered on their behalf to their client(as an agent)in India.Is TDS applicable on the payments made by them?

WHAT IS DIFFERENCE IN BETWEEN NORMAL ACCOUNTING AND AN INSURANCE (GENERAL) ACCOUNTING??

INSURANCE CO'S ARE BOUNDED WITH IRDA GUIDE LINE. HOW IT WILL IMPACT ON THE BOOKS OF ACCOUNT

WHAT IS DIFFERENCE IN BETWEEN NORMAL ACCOUNTING AND AN INSURANCE (GENERAL) ACCOUNTING??

INSURANCE CO'S ARE BOUNDED WITH IRDA GUIDE LINE. HOW IT WILL IMPACT ON THE BOOKS OF ACCOUNT