if TDS Deduct in foreign air ticket payment by pvt. ltd. company.

Dear All,

We have two manufacturing units within West Bengal. Both the units are registered with Central Excise. Our product applies specific duty as per notification 1/2011 which is presently 2%. We are not eligible for Cenvat credit. If we want transfer our finished product from one unit to another unit for storing and sale from there end. How can we do this?
Pls help, this is urgent.

in case of 194j tds is required to deduct on amount excluding service tax if separately given in invoice.
My Question
Whether in all other sections (194c, 194i etc) tds is deducted on amount including service tax.

i am planning to start a business. i want to take unsecured loan from my relatives. can i take loan in cash exceeding 20000 Rs. at initial stage.
if not what will be impact of that.

Hello,
I joined a firm & preparing balance sheet of a co. of F.Y. 2013-14 while preparing i entered all the data of opening balance correctly through previous year audit report & also entered proper data of current year also but it shows difference in opening balance in assets side.
please give me proper guidence.
thank you.

I am going to give my second attempt for IPCC both groups this November. I am preparing very hard for it and will try to secure a good score. I am interested in pursuing my career in taxation and wished to join BIG 4 for my articleship. But I came across a post that BIG 4's are inviting students who cleared in 1st attempt. Does that mean even getting a good score or even a rank will not help me get into a BIG 4?

I want to ask that my assesse is having Australian foreign income and he wants to tranfer it to his Indian bank account. He lives in Australia from last 1 year.He already paid his tax there. So what is beneficial for him i.e to transfer that income to his own single bank account or to transfer it to multiple bank accounts?
plz answer my query

if our gmcs 1 is not done with in 1 year then what will happen?

Resp.Sir/Mam, What is the interpretation of word resident in sec.194A of Income Tax Act,1961.Does it refer to only single resident from the viewpoint of payer?? For eg. A paid 5000/- to B and 15000/- to C. So will the section apply separately for both B and C or the limits considered in subsection (3) are jointly for both payees from payer viewpoint.Please Explain.

Wether the following Expenditure are allowable under section 40A(3) :- 1) 25000 for Air ticket in Cash . 2) 26750 for electricty bill of torrent power paid in cash. 3) 34260 for telephone bill to reliance communication paid in cash. 4) 43903 for Telephone Exp to Bsnl in cash. please give ans. with reasoning.