Hi, Can u plz let me know whether excess payment of TDS made in last year can be adjusted against current year's short payment?

My client has paid rent of Rs 200000/- in advance for 2 years to a person amouting to Rs 100000/-p.a
{Rs 100000/-(08-09) + Rs 100000/-(09-10)}

1.Should he deduct TDS on this rent paid as it does not amount to Rs 120000/- p.a

2.But will he be liable to TDS on payment basis as it definetly crosses Rs 120000/- p.a

What will be the VAT rate for plastic container which is used for industrial purpose and plastic toys???

Incase of T.D.S. has been deposited by the assessee inleau of E payment , whether the assessee will be deemed to default in payment of t.d.s or he will get the credit of the same. what is the remady available to the Act. Kindly advise .
A.K. Dokania

CAN U TELL HOW TDS HAS TO BE CALCULATED ON WITHDRAWAL OF PF IN CASE WHERE EMPLOYEE HAS NOT COMPLETED 5 YRS OF SERVICE

I wish to know how to avoid or pay less towards penalty for not registering for 7 years and get registered or is there any other way out

thanks

I AM IN PVT LTD COMPANY. 6 MONTHS BACK WE HAVE ISSUED SOME SHARES OF 1,00,000/- TO A MEMBER. NOW WE HAVE TO SPLIT THOSE SHARES INTO 4 PARTS OF 25,000/- EACH. WHAT IS THE PROCEDURE ?? ITS QUIET URGENT PLEASE..

I just want to ask if I am paying Technical Assistance fees to Some XYZ Co.having their H.O.(based) in Japan then do I have to deuct TDS ? If yes then what will be the perentage and under what section I have to deduct and how to file TDS return for that?

I have 2 queries -
1. We had appointed a company in Japan ((as Protective Assayer)to do sampling and analysis of our cargoes which was being discharged at a port in China. Now, we need to remit fees to the protective assayer in Japan from India. Do we need to deduct TDS? FYI, none of the companies in India who are in similar trade deduct TDS.

2. When we sell goods on FOB terms to a company in China, the ship (vessel) is brought in India by the Buyer (in this case a Chinese company). For any demurrage on the vessel i.e. demurrage payable for delays in loading, do we need to deduct TDS?

Hi Master/Friend,

I am facing a problem, Please give me a solution for my Problem.

My name is suresh, I am a Chartered Accountant(CA) Student. I am working in one pvt company as an Accountant & Admin. My office Timings : 10 : 30 AM to 8 : 00 PM.

I register for CPT in the month of May 2009, I planned to study for CPT that is from morning 5:00 AM to 8 : 30 am.

Eplanation of Problem : Every day I leave home at 9:30, I reach my office around 10:30 then work till 8:00pm. Then again I spend one and half hour in bus to reach near to my home, from there I should walk 3 kilo meter to reach my home, finaly I reach my home 10 to 10:30 pm, Then dinner sleep around 11:00pm. This is my daily rotine.

If first day I get up at 5:00 am to study,(first I can study) next I will be more TIRED, energyless, because of this I not able to get. Even though I get up at 5:00am, after 30-45 minutes my body force me to take rest. I not able continue study.

Now I want to know 1.what could be the reason for this? HOw can I be away from tiredness? How can I solve this problem? How study well for CA CPT exam & How to get marks in CA CPT exam?

Please give your valuable suggestions/advice/guidance.