hello,
i am a ca final student. i have registered myself as an article as on 20TH april 2007 under the old scheme of institute. i want to know when i can give my examination of final.

hi,
Sec 68 of the Service Tax Act of 1994
explains the collection and payment of Service Tax by a Service provider.
But the Financial Act of 1998 Modifided this section and it explains only the payment of Service Tax by a service provider on taxable srevices but not collection of the same from the servuice receiver and it is silent about the collection.
Is it mandatory to collect the Service Tax from the service receiver and which section of the Act explains it defnetly?

Hello,

I work in a renowned media house. We are
publishing a monthly magazine in which various authors all over the world write articles. We have to pay them charges for
the articles. Is it necessary to deduct TDS on this payment to NRIs ? At what rate ? What is the procedure ? Pl anyone clarify ?

Can a person claim 80 C deduction for the fees paid to ICAI to register himself or his son?

As the act says fees paid to any university, college, school or any other educational institutions is eligible for deduction.

In addition, ICAI is Institution of Chartered Accountant of India and it is very well authorized/approved.

i am a artice in a ca firm. we recieved a new audit of a pvt.ltd. co during the f/y2007-08.
i did the audit.
i found that in f/y 2006-07, the co. made a advance payament of rs 500000/- for a machinery and debited under the machine a/c.
in the current f/y they realise that mistake they rectified their mistake by crediting the machine a/c by rs 500000.but before that they have claimed the dep. on that amount. and their income tax return has been submited in income tax. now what should i do?

dear sir one of my recent clinet has paid t.d.s A.Y. 2005-2006 (accounting year 01.04.2004-31.03.2005) on 8/5/2005 even though the same was deducted during the year ended on 31.03.2005. under scrutiy for the same a.y the ITO disallowed all the expenses line contractor & subcotractors payments, payment of salaries etc. he has not deducted T.D.s. on rnet and sponsorship charges the same is also disallwed. The assessee has lost toally in business venture of prmotion business and his business was closed from 1.04.2005 and even not filed return for a.y 2006-2007. I want to file and appeal for him since he is in no condition to pay Rs.26,00,000/- tax charged on him becasue of the above disallowance. in fact he has paid T.D.S. and interest due thereon. Please advice on this case at earliest since my freind/client is working on salary of Rs.20000/- P.m.
please help me in this generous cause.

Liability on Deducion and payment on TDS is based on Company or Location? One company having two manufacturing unit in different state unit 1 (Main unt) & Unit 2 sub unit. It is necessary to get two TAN in different location and payment also to the different state

In group companies x & y

x deducted tds on contractors Rs.27668 and paid to govt.One month after that bills transferred to y co., on that bills y deducted tds and paid. Because contractor not related to x company.

x company in the month of jan'08 tds deducted some 75000/- on that amount adjusted rs.27668/- and remaining balance payable was rs.47332.

please sir this procedure was correct or any statutory procedure is there.

Liability on Deducion and payment on TDS is based on Company or Location? One company having two manufacturing unit in different state unit 1 (Main unt) & Unit 2 sub unit. It is necessary to get two TAN in different location and payment also to the different state.
K Hariharan

I have exhausted my five consecutive attempt of pe_2 in may 2006 and utilized additional 3 attempts. I have Passed Ist gruop & have exmption in one subject of IInd group.whether i am eligible to appear in May 2008?.
pls do reply at the earliest.