Our customer A paid an amount to us to pay security deposit to MSEB. The power connection in our name and MSEB paid interest and deducted TDS. Said interest less from our power bill.

Now our customer A recovered interest & TDS amount( TDS recovered by MSEB) from our Bill. We have also paid TDS an amount recovered by our A customer.

Our A customer not agree to paid TDS on his recovery amount. This is correct or not.

L.D. Dharmadhikari

Dear Sir/Madam, Our company engaged a contractor for housekeeping of office and premises. They charge us with service charges and as well as for materials for cleaning(For eg Airwick air fresheners) . My question is They are sending us materials supply bill by adding VAT on materials too. Is VAT applicable on materials too?

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=1134130

hello everyone, Delhi location pr mere pass Abhishek invoice received hotels hai jiska me cenvat credit book krta hu but ek aur another location Jha se me service provide krta hu vha received hue invoice ka credit kya me apne Delhi location premises me avail or skta hu plz guide me

Dear Sir,

If we split invoice below RS.2 lakhs (Actual sale value more than 2 lkhs) but cash collection for the same above RS.2 lakhs then is it attarct TCS?

If we sold amounting of Rs.5 lakhs and same split in 3 invoice ( Two invoice for Rs.1.8 lakh each & one 1.4 lakh) and collction made on same day against 3 different receipt copy then it is applicable TCS for collection of amount above RS.2 lakhs from single party for 3 different invoice?

This Query is in reference to the our Advance Licence which was issued to us on 09th September 2015.

As per the condition of this Advance Licence, first we have to import and then export to discharge its export obligation within the time frame of 90 days from the date of filing Import Bill of entry. Since it is the new business thus we had very few orders of export resulted that we could not use the advance licence for the complete first year till 9th September 2016.

Therefore we applied for the extension of this Advance Licence for another six month till 08th March 2017 and was allowed too by DGFT, as per the attached extension letter.

Now considering the future forecast of export orders, we had imported against Advance licence with the quantity of 50 MT and filed its Bill of entry on 16th January 2017.

Hence kindly advise us THE LAST DATE OF EXPORT, wherein we can discharge our export obligation, as the last date of this Advance Licence is 08th March 2017 after the above said extension.

Waiting for your earlier reply.

Dear all

Please guid me for the following conveyance allowance calculation

Conveyance Allowance earning details

April. 832
May. 864
Jun. 832
Jul. 832
Aug. 8367( inclusive of arrears from april15 to jul 16)
Sep. 1664
Oct. 1728
Nov. 1664
Dec. 1728
Jan. 1664
Feb. 1664
March. 1664
Please guid me how to calculate conveyance exemption amount

Hi, my client is an Educational society claiming to be trust but is not registered u/s 12A of Income tax Act. It is neither granted funds by the Government. Which ITR is to be filed ? and whether tax audit or any other audit applicable if Turnover exceeds Rs 1 Crore ?

interest on NBFC Already credited but TDS not deducted.Now I want to pay tds amount and getting tds refund from nbfc. then what is the journal entry.

My client wants to pay an amount of 2500 USD for marine insurance for its vessels in India to a company based in Holland( Netharland).

The insurance is for the vessels operating in Indian waters only.

The Holland Company is of the opinion that we need not deduct TDS as they have no PE in India and it is covered by Article 4 of DTAA between Netharlands and India. We Feel that TDS will be applicable since the service is being provided in India.

we seek an expert advice from the community.

How to reply to ROC for notice issued U/S 92/96/129/137 r/w 403 of the COMPANIES ACT, 2013..if company was not in operation since its incorporation and no compliances has been done after incorporation