sri pushpendra an expert repied that hiring charges of car attract tds u/s 194c on dt.16.3.08. in a queryof auther sachine posted on 16.3.08 while same type of query of dinesh posted on 15.3.08 CApraveen chopra difined it u/s 194I WHICH IS ALSO AGREED by R.V.Rao. and CA Shailesh on 16.3.08.please clarify.

Whether holder of BSNL franchisee is liable for payment of service tax on commission paid by BSNL to such franchisee, even if BSNL chages the service tax on gross value of prepaid vouchers?

If they are not liable for paymen of service tax then kindly quote the relevant case law, if any.

if compnany paid as security charges to top secutiry p. ltd for watchman employed at factory.

than in this case it will attract TDs at the rate of 194C or 194J

u/s 194i tds deducted on rent and hire charges for plant and machinery, equipment, land & building.

so my question is that if company hiri passanger vehical for employee keep and drop from home to company than in this case of hiring of motor vehical attract tds at under 194 i or 194 c.

regards
sachin

Hi this is sreekanth,
frm my PE-I itself i use to work as a paid asist, and now am completed pe-II and have to register for articles. from my experiance since last two years, i know an FCA who has valid certificate of practise but he will not practise full time bcoz he has a us (american)taxation consultancy and during most of the time he looks after the afairs of that consultancy.he is not working for salary, can i register as an article assist with him pls provide the conditions to be follow. thanks once again pls help me

Dear Sir/Madam,

I hv cleared 1st gr of Final CA. and m B.Com.graduate and LLB (3 yrs goin)
I am eager to know whether articleship period served under CA is counted in Australian CPA Work programme of 3 yrs. and m confused abt CPA programme. what i hv learnt is-
1.clear six subjects in 2 semisters
2.become associate member
3.3yrs work programme!

my query is regarding 3rd point.
Also tell me if m wrong in abovementioned analysis.

Thanks.
Nirbhay Shet.

What will be the accounting treatement of expenses incurred while issuing FCCB bonds. Expenses like obtaining and paying fees to professional bodies and govt insitution (BSE & NSE, CA, CS )

If company is liable to pay tax under MAT then company is also liable to pay differnce amout of tax to goverment as per corporte tax thier for (30-10=20%)

if yes

then how to do accounting for balance liability of TAX in the books?

A Company havaving a Contract (may be verbal)with another company that he will do all services and also supplied material related to services.

while supplying of the material and do the respective servies A company raised bill and in bill mentioned that out of 100% amount 65 % amount is applicable foir VAT and balance is service chgs(Labour chgs) then which amount is applicabe for TDS a full Net(net+servicecchgs) amout or only servies chgs?