Dear All

What will be the tax implications(Both tds & Service tax) if the taxi is hired for official visits by a chartered accountant. there is no contract between the taxi services and the chartered firm and the amount exceeds the 194C limit very easily. the service provider i.e. the taxi services is not a company. its an individual.

A quick reply would be highly appreciated.

We are having a partnership firm carrying on business of building construction (residential units)
I am an accountant and as per my belief I need not to pay service tax untill I get any unit booked. whenever i will get booking amount i will register the firm with service tax dept.
However We had to pay lots of amount to transporters and to labour contractors.
Do i have to register and pay service tax for the same on reverse charge basis? or any other way out?
please tell me in brief..

I have some queries on this topic
1) when the tax audit report is to be filed, means alongwith ITR or anytime before or after ITR or on the date of issuing Audit report.
2) How to file audit report electronically.
3) Who has to file the audit report? If auditor, Digital signature for Auditor is required?
4) if ITR is filed by an Advocate and the auditor issues only audit report, then Who has to file the audit report and when?
5) whether audit report is to be filed under section 44AD also
Plz reply as it is urgent
Thanx

Can any one provided me the checklist for delhi vat audit...thanks in advance

Dear Experts,

One of mine friend working with a company who is deductding his tds as a commission expense and last quater i.e. ending mar 2013 the co. deducted his tds @ 20% and said that ur pan is not available/provided to us...

So how can he can get the tds input if co. is not agrees to revise the return.

Thanks in advance

Can two CA firms have same address? Means Two
firms can be operated from one place

Our Company Had Paid more than 25Lakhs to Indian Traveling Agent Company For Foreign Business tours And Visa Charges Exp Etc...

Is TDS Applicable on This???
If Yes, Then under which Section??

Thanks In Advance...

Cut off limit u/s - 194C for a single payment/Bill is Rs.30,000/- and aggregate of during a financial year Rs.75,000/-

Now my question is;

I'm paid an amount of Rs.25,000/- to ABC Ltd. on April-2013. And again I paid R.28,000/- on May-2013 and Rs.29,000/- on June-2013 to the same party. Now the aggregate amount during the F.Y 2013-14 is Rs.82,000/-. So aggregate amount exceeds the limit Rs.75,000/- during the financial year. I was not deducted any TDS against previous payments. My question is, Now I liable to deduct TDS on full amount Rs.82,000/- or Balance of limit Rs.7,000/- (82000-75000)

Kindly reply me..

Thank you.

Dear Experts,

Ours is a Mfr co, finished product is Dutiable, we are taking Cenvat Credit on COAL purchases, it is used to generating STEAM, while using/burning of it, some unburnt material/ashes arises.

please clarify that Excise duty applicable on this waste material i.e, Cinder Ash/FLY ash.

Dear Sir,
There is a Govt. Inter College and they are depositing TDS through bank challans.
Suppose Salary of April 2013 which is paid in the 24 May 2013.
Then TDS should be deposit on the same day like 24/05/2013
or
It can be deposited in the first week of June 2013
or
It should be deposited with in 7 days of payment.

Please clarify.

Thanks in advance.