RESPECTED SIR MADAM, I HAVE HEAR ONE INFORMATION IN RESPECT OF THOSE CANDIDATE'S WHO HAVE DONE THEIR ARTICLESHIP BY TAKING DUMMY WAY'S:

THAT IN CASE IF ANYBODY INFORM'S OUR CA INSTITUTE OF DELHI HEAD OFFICE THE ARTICLE COMPLETE NAME WITH REGISTRATION NO. INCLUDING THAT CA PROFILES IN WHICH HE TAKE THEIR ARTICLESHIP.THEN OUR INSTITUTE HAVE RIGHT TO TAKE TWO PANELTY STEPS THESE ARE AS FOLLOWS:

1. THAT CA SIX MONTHS PRIVATE PRACTICE BEING STOPPED.

2.THAT CANDIDATE TRAINING PERIOD BEING NOT ADDED AND HE HAS TO STARTS ITS ARTICLESHIP IN NEW WAY'S BY TAKING FAIR ARTICLESHIP

IS IT(A) TRUE OR (B) FALSE.

Hi Sir / Madam

I have a confusion in GTA that If we are paying some amount to Transport co. & transporter is not levied a service Tax in bill. then it is our liability to pay service tax.
But on that time Our sale against service tax is below Limit even that condition I have to pay the tax or not.
And if yes then 25% or 75% of the taxable amount?
And if we paid the service tax on transporter's behalf then can we deduct a amount of service tax from his payment?

completed my ca inter and planning to give ca final exam on nov 08.so can u tell me which reference book to be good for ca final..
Should i give both groups at a time or one by one..please suggest me.

can anybody tell me about Rolta India Ltd. vs Venire industries case reg sec 258 and the share holders voting agreements.

A company had entered into a contract with one security agency for security service. The company is regular in paying the monthly charges after deducting TDS. After 4 months the security agency failed to pay salary to security personnel hence the company had terminated the agreement with agency and gave direct cash payment to security personnel(4 nos). One of the security collects the entire amount and distributed the amount to others. Monthly payment to all of them aggregates to Rs.12900. Whether the company is liable to deduct TDS on such payment to the security personnel???

Sir,
I am working in a Pvt co. & our co has borrowed loan from Kotak Mahindra agnst 2 car (Mercedes Benz) for 3 years. In this regards pls specify me loan a/c head in a/c book & tds is applicable on int paying to KMPL

Regards,
Anjan S Mehta

Financial Assistance in the form of cash
(non -returnable) + agency service from a *government fund to a private company for
office automation ( software installation).

We can account this cash as miscellaneous income in P& L A/c.

How we will account this income in other ways?

How it will b/f in the next fiscal year ?

( *Not from Indian Govt. but from a middle east country ministry)
stationary exp, Office automation & computer repairs& maint etc are trating as indiect exp in P&L.

How we will account financial assistance ( non returnable) from govt fund.

1.Remuneration of MD
2.Remuneration of other Directors
Falls under what head?
my doubt is it falls under salaries or profession or other sources

Financial Assistance in the form of cash
(non -returnable) + agency service from a *government fund to a private company for
office automation ( software installation).

We can account this cash as miscellaneous income in P& L A/c.

How we will account this income in other ways?

How it will b/f in the next fiscal year ?

( *Not from Indian Govt. but from a middle east country ministry)

We are a C.H.A. (Custom House Agent). For export consignments of our client, we are receiving 2% brokerage on shipping freight amt. from shipping line.

Is this brokerage taxable ?? If yes, under which category ?? Pls note 1) Not all shipping co giving this brokerage 2) Out of freight on which amt, brokerage @ 2% will be paid is not decided, 3) When we will receive brokerage thats also not decided, it may be after 2-3 months, 6 months. 4) Shipping co are foreign co and brokerage charged by us and granted by co. is in US$ but recd in INR by converting at respective Ex Rate

I found on Marwah & Associates website servicetax.com that this amt is not taxable (the amt recd by CHA from shipping line for canvassing of Import/Export Cargo would not be chargeble to service tax as these activitiy do not fall within an ambit of taxable services provided by C.H.A.

but department says that this is taxable.

SO, PLEASE HELP.