I want to know that if my company pay money to our buyer( outside india) for rewarding the work of our supplier ( india) or contractors.

Then what entry i have to provide in my books of account for payment to buyer (outside india) in that matter

Kindly reply me as soon as possible.

My quetion is
Whether TDS should be deducted in case of Hotel Lodging if a person stays in hotel for more no. of days or a person is a regular customer of that hotel & therefore lodging expense of such hotel in the year exceeds Rs.50000 in aggreegate or Rs20000 in single bill.ASSUME THAT THERE IS NO ANY ANNUAL CONTRACT.

Please provide the ans. with examples. If there is any cerculation on the clarification of this quetion please give me the reference.

Thanks in Advance.
Ashwini

Is audit compulsory for pre-primary school having only 8 children and gross receipt of only 8000/- per month in initial stage as break even point is at least two-three years.Similarly in case of newly established trader which starts generating profits after three four years.Advise.

Dear, Can anyone guide me regarding Interest received on G-Sec Bonds. I have purchase G-Sec bonds & have paid Interest on purchases for that bonds. Can I set off the interest received on G-Sec Bonds against interest paid on G-Sec bonds.

Whether assets taken on finance lease will be covered under clause 24 (a) of tax audit r.w.s. 269 SS , assesse has shown the lease liability as an unsecured load and capitalised the leased assets

1 Company has computed its taxabilit,
there is no disallowances other than 40A(7)-Gratuity.
No other sections avaiable to reduce tax..
Co. want to pay lesser tax.
Anything that co. can do ???
Legally or llegaly ???
Any Idea any body can suggest...
Thanks

whether depreciation as per Income Tax Act can be claimed even if no depreciation was provided in books as business was discontinued in the previous year

When a survey is occured at some assessee, than there would be no survey in next 6 years of previous survey.Means is there any cooling period after one survey for an assessee? If no, than tell me the criteria for choosing the assessee for survey by the income tax deptt.
pls this is challenging question pls answer it

Dear all,


Please inform that what is the payment date of month TDS and Quaterly returns and annual returns and what are the form no.s

where we have to sumit.
what is the procedure and systems to payment and e-tds.

any body ple... answer to me

thanks and regards
kumar

i am from Srilanka , and i am joint a indian company from march,09 Last year.

my income of souce from india.

my query is what is Tax slab for me?