Preliminary Exp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2010
A public limited company issued preference shares.For marketing of the preference shares it used the services of a private company.The marketing company charged a some amount to the limited company.The limited company deducted TDS u/s 194C and paid the same.
1)Whether TDS u/s 194c is correct?
2)Under which service it will come in service tax?
3)Nature of expenditure,revenue Or capital?
4) Can it be a deferred revenue exp?
1)Whether TDS u/s 194c is correct?
2)Under which service it will come in service tax?
3)Nature of expenditure,revenue Or capital?
4) Can it be a deferred revenue exp?
27 December 2010
1. No, it will be civered under professional or technical service.
2. Service tax will not be applicable. However, If the pvt compnay has taken any service like advertisement or underwritting , these services will be taxable.
3.both
4. yes
2. Service tax will not be applicable. However, If the pvt compnay has taken any service like advertisement or underwritting , these services will be taxable.
3.both
4. yes
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Multiple trade mark
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
