hi....
this is ca mithlesh
i just wanna to know whether an internal auditor of a company can be a signing authority in respect of various returns & documents of the company in which he is internal auditor.
in fact i have been appointed as an internal auditor of a Ltd co. but as per the terms of offer the company want me to sign all the returns and records related to the company. is it possible????

How much the % of service tax for Transport contrators in India ( suppliers of vehicles on hire ).

SK

If A,B,C are partners in firm ABC & CO.
Can C be the sub-partner of A in the same firm ABC & Co.
If yes,then what would be the nature of income to C from Sub-partnership?
If No,reasons for the same !

My assesse is working on perol pump of Hindusthan perolium Ltd.on such work comes in Labour contract.The contract value is decided on sale valuewhich will be predecided by Hindustahn Petrolium Ltd.on sale of Petrol
So pl advice that this individual person is liable to pay service tax or not

1.The Department has issued a Notice to company that mending contractor has made contract work and his services covered under manpower recruitment.
2.The company has made excisable commodity
3.The contractor has done work with his friends
4.The limit of exemption has been cross
5.In regards of work done by himself and with his friends a litigation may be attract that manpower defeination is imforced the recruitment agency which can not work but impontment for the same work with efficeny of person and requirment of employer.
So pl. tell what is the pledinng answer made to department.

Our friend was paid Rs.63000/- tds on salaires

and total 1 lakh 80 C completed


again his tax liability was Rs.5000/-

Please suggest investment otherthan 80C - because he was going to refund

plese sir help me

WE HAVE MADE AN AGREEMENT WITH ONE OF OUR RETIRED EMPLOYEE WHOC IS AN ADVOCATE AS REATINER AND ARE PAYING RS 70000/- PER MONTH. WE ARE NOT PAYING ANY OTHER BENEFIT TO HIM EXCEPT HE MAY NE ALLOWED 30 DAYS LEAVE AND CAN TRAVEL IN COMPANY ACCOUNT. PLEASE ADVISE UNDER WHICH SECTION TDS SHOULD BE DEUCTED ? WHETHER U/S 192 / 194 9C ) / 194 ( J )?

this problem relates to capital budgeting. the project requires an up front investment ranging between RS.800000 and rs.1200000.how we are going to take this while evaluating the proposal.

There is a hotel in which second floor is vaccant.and one pub approached to hotel to give the part of that vaccant palace to pub on lease.but to make the space ready for lease,the hotel had to set up partition and a small kitchen.various estimates of the upfront renovation cost ranged between Rs. 750000 and rs.1000000.the cost would be depreciated over the life of the project using slm,with zero salvage value.My question is how we will consider range while evaluating capital budgeting proposal?