Hello CCI Members,

My query is that if service provider ie. Insurance com., who has a 100% liability of paying service tax under RCM; pays the service tax amount regularly by mistake to the service receiver ie. Ins. Agent then what course of action should be suggested to the Service Receiver?
TDS is deducted @10% by Ins. Comp.

What are the forms to be filled for getting Certificate of Commencement

can holding co give interest free loan to its
subsidiaries or associates or JV????

Respected Expert,


Can a company deny its liability as principle employer for contribution of PF & ESI by mentioning in contract entered into with the Contractor that company shall not be liable for any taxes, contribution etc.?


Please be kind enough to resolve my query.

Thanking you in advance

salary received outside india is taxable or not under which section

Dear Sir,

In case of Chartered Accountants firm, the firm follows Cash system of accounting as it is allowed by the law. Hence normally with respect to the tax audits, the firm raises the bills in October (which is within the Service tax Rules ie 14 days from the completion of service).
However, the organizations whose audit is done, they book the bill in March itself and deduct TDS as per provisions of Sec 194J of Income Tax Act.
My query is in which year shall the CA firm take credit of such TDS deducted? Is it to be taken in the year in which bill is raised or as per 26AS which will show TDS credit in respect of bills which are not even raised by the firm yet?
Kindly explain.

Thanks.

what is preliminary expenses and how we posted in aseets side?

Hi All,

We have a case of a paid assistant who left our partnership firm (she was not a partner, joined as audit manager). Now my doubt is whether the partnership firm firm

i had registered for ipcc on 3rd january 2011, after that i have attempted for only two exams ( onvember 2011 and may 2012). i would like to know when will my ipcc registration will expire and whether i have to reregister now? please help me

Hi!

Our organization is a cloud based company and we are keeping our servers with a data centre. We are paying leased line charges and server co- location charges to client.

Can any one please confirm, whether TDS will get attracted on leased line and Server Co-location expenses. If yes, under which section, it should be deducted.

Thanks in advance for your help.