A firm uses crane for its manufacturing unit.. it also let it on rent at times. Would this income be part of manufacturing A/c or P&L a/c..

if a salaried employee is getting salary more than the exemption limit than the employer of that employee is liable to deduct tax at source for that year .generally tax should be deducted every month from the account of employee.my querry is that if the employer decides to deduct tax of the employee from july or aug or sep onwards for the whole year,than is he liable to pay interest as tax of every month is due on 7th of succeeding months and the tds has not been deducted for the month of april,may ,june.No liability for tds has been created for the month of april,may,june

if a foreign individualm has a personal property in india and he took a taxable service from another foreign service provider in india than is there any service tax liability?? if then, who will pay it as both are not resident of india...

what if one of them is an nri but still don't have place of business or residence in india???

1.Can a company make payment to an independent director as commission.


2.If Yes then,Whether TDS on Commission paid to an independent director shd be deducted u/s 192 or 194H.

A minority shareholder of a private limited company is resigning due to difference in opinions & views with the majority, so what is he entitled to receive from that company like value of his share, percentage in net worth, etc???

dear all

We are saling one product. the prodct P.O. is open m which has not mentioned any specific date of closing order. they have issued seprate order of design & devolopent charges.we are issuing sale invoice against devolpment & design charges with include service tax.
is it correct?

Because of I heard excise duty will be applicable on devolpent / design charges & devolpent charges are dividing per quatity product & add excise duty in issuing prodcut invice, which has issued with excise.

kindly give the suggestion on same issue
. if excise applicable on devoplent charges, it is double taxation.

I need help. As u r aware of the rule of restriction on transfer of articleship.
i took transfer before this rule came.
Though my previous boss given me transfer when he found i am not going to stay under him.
Now i am working else where, as few days back institute has given e mail ID for dummy article after that my previous boss contacted me & told me that he will launch a fake complain on this ID so that i will get hares and my time will get waisted and so that i cannot concentrate on studies.
Just to harres me as i took transfer from him. He is having my reg. no. too.
Pl tell me what to do.
Can he simply send my name to that ID without proof and institute will also not ask proof before approachong to me.

Dear Friends,

I want to know whether a State Govt. can reduce the CST Rate in it's state without any consideration from Central Govt.

Actually Himachal State Govt. has reduced the CST 1% (from 2%) in continuation of State Industrial Policy 2004
Benefit of CST 1% under State Industrial Policy 2004
was applicable from 01-04-2004 to 31-03-2013.
But in the year 2007 it was decided to provide the concession only upto 31-03-09.
Now HP Govt. again issued a notification to extend the benefit upto 31-03-2013. But Central Govt. has not given any notification.

Is this possible ?

Aabid Hashmi
094184 78810

what is the last date for filling the form 15G / 15H for the year ended 31.03.09. one of my client not filed the forms 15G/15H till date in the income tax department, our income tax consultant told us that if we have not filed the such forms in time then the ITO will added back the expenditure claimed by us in p & l account.in our income. please give your valuable advise that now what we should do ?

What is the procedure of claiming refund in T.D.S. and in what circumstances it is allowed?