Vijay Budhwani
07 November 2007 at 11:32

C Form on Net or Gross Value

Dear Members,

One of our clients have been selected for MVAT Business Audit.
The Sales Tax Officer is of view that "C" form has to be received on Total Sales Value (i.e. net + tax amount), but our client has received a "C" form which is of Net Amount, is there any circular/ notification or some clarification that "C" form can be issued on Net Value.


CA Anil Jain
07 November 2007 at 11:32

TDS deduction on Internet usage???

do we need to deduct tds if we have made a contract of internet usage with a company and the bill amount is the same every month???
what is needed to be done if it is call centre???


harshit
07 November 2007 at 11:22

Fringe Benefit Tax Applicibility

One of Firm, its Turnover was Rs.14 lacs ant it was a manufacturing industry (small)for the year 2006-07, which was applicable for FBT or not?

How much Turnover need for FBT? Plzzz sir?


Student

Software is considered as part of computer. Is there any difference between computer maintaneance, software maintaneance and hardware maintaneance? Are they all liable for Service Tax?


Neelmani Bhardwaj
07 November 2007 at 07:30

Guidance For Job

Hi Experts
I want to know about the Job prospects/scenario for Indian CA at abroad like US, UK, middle east, singapore.
Hope to Get a reply
with regards.


S.RAVICHANDRAN

Dear Sirs,

Please inform me what is the last attempt for the CA Final old syllabus students ( 1994 Unit System batch ). I was told by a person that May 2009 is the last attemtpt for such students failing which they have to write PE II exam afresh and also have to re-register themselves.

Please inform the facts.


TARUN
06 November 2007 at 14:44

EXEMPTION LIMIT

HI,
SOMEBODY TOLD ME THAT IF WE INVEST RS100000/-IN KISSAN VIKAS PATRA THEN WE ARE ABLE TO TAKE EXEMPTION FOR THAT FULL AMOUNT WITH RS100000/- OF 80C MEANS I WANT TO ASK THAT CAN WE CLAIM EXEMPTION OF RS200000/-
PLZ SUGGEST ME.

THANKS


vipan
06 November 2007 at 14:35

Happy Deepawali TO all

Wishing happy deepawali to all


CA Anil Jain
06 November 2007 at 14:06

Exemption u/s80c

In 80C of the Act the maximum limit of exemption is Rs.1,00,000/but someone told me that this limit is not applicable on the Invetment in the ELSS to the extent of rs.10,000/-whether it is true?
Plz tell me something more in this Regards.


Wishing u a very happy Diwali in Advance.
Thanks & Regards,

Anil Jain


Punchy Jain
06 November 2007 at 13:33

Implication of Cost plus pricing model

Univa Singapore, intends to establish a new company in India, Univa India. This conmpany will primarilly provide sourcing and marketing services to its Singapore and will bill it on cost plus 10 for the above services.

What are the implications of this arrangement from a Transfer pricing, TDS, PE and Service tax perspective.

Regards






CCI Pro



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