Sir/Mam

We have been importing spare parts and selling them in India. These spare parts are sold on a warranty basis.
If any sub-part in those spare part becomes ineffective within the warranty period then those sub-parts are supplied FREE OF COST to the customer.

These sub-parts are purchased locally and then supplied FREE OF COST to the customer. The company also sells these sub-parts in the normal course of business.

Is the company eligible to take Input Tax Credit on these sub-parts which are supplied FREE OF COST?

If yes then please mention the relevant Section, Rules, Case Laws.

Our clients are into advertising operations on the net. There are website owners, who sign an agreement with our client and they show ads on their pages and share the ad revenue with them. Payments are made on monthly basis. Vendors are both individuals and companies. Do we need to deduct TDS when payment is made? The website owners are foreigners.

Whether the expenses incurred by the employee which are reimbursed by the company directly in the emplyees salary account will be taxable as part of salary component?

A party have the material but not the order
and B party have the order from overseas but not the material
A & B both are manufacturar exporter

A raise its ARE-1 and excise invoice in favour of B as well as overseas buyer

B party raise its commercial invoice packing list and shipping bill Bill of lading and other export related documents other than the ARE-1 and excise invoice
A dabit the duty from its RG-23AII for the removal of goods and want to get the Rebate from excise for the export on behalf of the documents recieved for the proof of export



can we export by this way

Pls advice

A is a trading firm for the medical disposable items

now A want to export the items

have A to be register in excise.
have A to take the IEC Code.

Pls advice the proper procedure for exporting in this regard

Is TDS applicable on provision made for expenses? If yes, then how would we treat the bill at the time of posting?

pls forward a format of board resolution for director remuneration

dear sir ,

can we take deduction of interest paid on unsecured loan/secured loan taken in personal capital a/c of individual. as loan invested in partnership firm as capital .

can we deduct it from remuneration and interest recieved from firm on capital or not.or what should be treatment of interest on loan.

please give me reference about the same

any further notification or circular on tds and how to deposit the tax withoit any clarification for form no. 17

dear sir ,

can we take deduction of interest paid on unsecured loan/secured loan taken in personal capital a/c of individual. as loan invested in partnership firm as capital .

can we deduct it from remuneration and interest recieved from firm on capital or not.or what should be treatment of interest on loan.

please give me reference about the same