As we know the transfer pricing is applicable to specified domestic transactions w.e.f. FY 2013-14, my question is as under

It is first of all clarified that transfer pricing provisions are applicable to following person.

Suppose, one person has paid interest to his brother which is 9% p.a. but the same person has paid interest @ 18 % p.a. to outsiders.

Now, as far as I know, transfer pricing is applicable when excessive expense is debited and profit is reduced which is not there in this case. Further, for the brother of this person, interest is income and not an expense, so his income can also not be increased.

Is it ok?

Dear Freinds
What will be amount for TDS in case of rent , if it includes electricity charges (Fixed per month)also and agreement is a composite agreement for rent & electricity both.
Whether TDS is Deductible on payment of electricity amount fixed per month sepratly other than rent under a seprate agreement , if yes then under which section.

as per notification no.20/11/2012 my client wanted toadd new service transportation by road as service receiver,so that i amen dent st-1 and added all taxable services with new code . did i right or not? should i select the new code of transport service and select transport service as selective approach?

please answer fast

Can u please tell me that if a employee is receiving less salary i.e deductions are made on ground of leave or some other reason OR employer does not pay him the salary for one or two months in a f.y. So how tds calcullation will be made on accrual or actual basis?

m doing my articleship training n my attempt for CA Final is due in november 2014. should i give both the groups together along with my training or should i give it one by one??

Hello sir,
In my organization, one employee is having self occupied flat. he is submitting us home loan certificate and wile calculating his salary income i am considering his interest for income tax benefit. Now he purchase 2nd flat.
1. can i take this 2nd flat registration amt under 80c ?
2. from next month he will get procession of flat so he is going to give on rent. can i take his 2nd home loan interest for income tax benefit or i can take only 1 flat certificate.
3. If i should take both then how much interest is exempt.
4. i have to calculate his house property income or he should do it from C.A.
Plz reply........
Regards,
Ajita Nair

Whether service tax is applicable on services of Hostel & Transportation provided by an Engineering college to students.

Dear Sir,
i just want to know whether the Form 15CA and Form 15CB is mandatory to submit for the equity investment portfolio in foreign. UBI does not ask me any such form but PSB ask for the same. Please clarify the concept. is there any rbi cirular for these. please guide me.
Thanks in Advance

Weather recovery made from supplier due to late delivery of goods liable for service tax?
Purchase order clearly mention date of delivery and supplier surpasses the date and supplied after stipulated period.
If any amount recovered from him will attract service tax being a service provider??

Dear Friends,
For servicing on software installed. The amount received in Advance. When it attract service tax? Either make invoice or receipt basis?
pls clarify.