Section 40(A)(3) related
1. Payment made to State electricity board will be disallowed ? will it be considered as payment to Govt. ?

2. Payment is made to the depositer by debit his account and crediting the a/c. of payer's sister concern. will it tanamount ot violation u/s. 40(A)(3) ?

Another query is : There is purchase of Land with building for Rs. 1 crore. now for sake of computation of depreciation, how should I seperate the amount of land and amount of building ?

We have taken a machine from our parent company which is in malaysia on hire, and paying hire charges evry month, what rate is applicable for TDS Deduction, whether its applicable for DTAA rates, Pls.. Urgent...

Sir,

We have shifted Old Machinery from our Bahdurgarh (Haryana) unit to Banglore Factory an amount of Rs.9 Lac and paid Freight Rs.30000/-, which we were paid entry tax. Further we have paid Rs.60000 on installation/make of foundation.

I would like to know that can we capitalised these expenses or not.

Pls advise us the treatment of expenses.

Regards


Baljinder

Sir,

Are we liable to deduct tds on supply the follwoing Service :

1. Morning & evening Tea given to workers & staff member by Tea stall monthly bill around Rs.50000/-
2. Tiffin Lunch supply by party to our factory for staff & workers. Supplier not registered under service tax or vat. so he not charge any tax on his bill. Monthly bill around Rs.135000/-

Pls advise that is we liable to deduct tds on these type of service.

Whether VAT paid on Purchase of Air Conditioner for the factory of a Textile Manufacturing Company Can be Claimed as ITC under TNVAT Act ?

Can anyone help me out!

Thanks for taking a step forward in solving my query!

What are the things to be taken into consideration while performing internal audit of companies!

Waiting for reply.........................!

hi....
i have cleared PE II in may 2006 but i Have regietered as article cleark as on 2nov 2006. Now I want to know that Shall i eligible to appear in final paper's attempt fallen in november 2008? What if i am not eligible shall i have to appear in may 2009 with old sylabus .but from november 2009 new sylabus is entertained .shall i have to study my next attempts with new sylabus? or i have option to stick to old sylabus as well after november 2009? Please advise me ..

hello

is service tax applicable to advertising agents?

if yes then how?

Sir,

Is our liable to deduct tds on supply of tea by tea vendor to our factory staff & workers. His monthly bill around Rs.50000/-. Pls advise us.

Regards,

Baljinder Singh

Q. For Remmittance of Preference Dividend we need to file RCD1 & RCD2 form ?