What should be the rate of TDS on payment made to hotel for the following services received by pvt.ltd.co. for the business purpose....

Room charges rs. 6,00,000/-
Conference hall charges rs. 40,000/-
DJ Music charges rs. 10,000/-
Transport charges(Hire) rs. 65,000/-
Equipment charges Mike,Screen rs. 20,000/-
Extra charges during stay rs. 1,80,000/-
TOTAL AMT. = Rs. 9,15,000/- for which hotel has raised single bill.

However Friquency of such instances are minimal & further there is no contract with the hotel. Company has received such services continuously for 4 days.

Regards

Rajnish Amipara
amiparasir@gmail.com

Can we create a company consisting main object for trading and investment in Shares/Mutual Funds?

Profit from sale of Floating Rate Mutual Fund(Safe Fund) will be treated interest or Short term gain?

I have appeared for my CA Final exams in May,08 and looking for a good opening either as an article or as an industrial trainee. If anybody has any knowledge about a good opening plz let me know.

I have appeared for my CA Final exams in May,08 and looking for a good opening either as an article or as an industrial trainee. If anybody has any knowledge about a good opening plz let me know.

Hi!
I'm Kunal appearing in November 2008 pcc exam.

I'm confused about passing scheme of PCC.

I want to know weather a student is required to pass in all papers in case of composit papers such as Paper 3: Law, Ethics & Communication, Paper 6: Information Technology & S.M., Paper 4: Cost & F.M.

for example if a student scores 45 marks in Information Technology & 15 marks in S.M., will he be considered as pass.

Explain the Tax and accounting treatment of Shares lost.
Whether the shares are to be written off?
If yes what shall be the treatment of Dividend received on such shares?

Hi,

I have a query on Remittance to a company outside India.

X is an Indian Pvt Ltd Company.

Y is a company in Srilanka.

Qn. 1 Can X remits some amount to Y towards expenses for establishing X's office in Srilanka

Qn 2 If it is possible whether TDS is applicable ?
Qn 3 Is there any limit up to which TDS need not be deducted ?

Qn 4 Or whether the Directors of X in their INDIVDUAL CAPACITY can remit money to Y in srilanka for establishing an office there ?

Qn 5 Is there any limit for the above ?

Qn 6 Whether TDS will be applicable ?

Qn 7 What are the procedures for making such remittances.

Thanking you

Regards


Subramanain

As per Recent circular, we are deducting TDs on Gross amount of BILL, but in case of Transporter Freight, we are paying service tax i.e it is not come in the consignment NOTe, We are simply making the liability and Depositing to GOvt.So, Whether we should deduct TDs including S.Tax ,or Excluding Service TAx.

As i am a student of PE-II & Want to undertake 100 Hrs Practical Training Now I am in Last Attempt. In order to undergo such training what is the Procedure & If any forms is availbale kindly mention?