Halo Everyone,

I m a PCC student. My address is being changed, i want to know that how can i change my address in the records of the ICAI board.

Dear Sir/Madam,

Could you tell me the service tax return proceedure and required forms relating calculation sheets.

And also please telme the last dates for the filling of returns.

Sudheer Babu
Accountant(Bangalore)
Mobile No.09845347365 & 09590429385

As per Section 195

The fees for technical services payable by the Govt. or an Indian Concern in pursuance made by the non-resident with the Govt. or the Indian Concern and where such agreement is with an Indian concern, the agreement is approved by the Central Govt. or where it relates to matter included in the industrial policy, the agreement is in accordance with that policy-
Where the agreement is made on or after June 1, 2005. TDS rate is 10%.

Can anyone please tell me that what is the meaning of the line starting from where the agrrement is with indian concern........ in the above pharagraph?
Is every agreement with non-resident always approved by the central govt. or in accordance with the industerial policy?
Also what is the difference between TDS & Withholding Tax?

An assessee has sold a residential flat along with furniture and fixtures, the sales consideration for which is available seprately. However no details of separate cost of acquistition of furniture is available neither is any details of seprate cost of making the furniture is available.

Please advise on the above at your earliest

Respected All,

Can any please let me know, what action can an I.T.O. take in case he finds an audited Balance sheet with difference in total assets and total liabilities.

Regards,

Respected,

I saw a new TDS CERTIFICATE FORM NO 16A.
I also saw there are QUARTER NUMBER AND ACKNOWLEDGEMENT NUMBER FOR THE 4 QUARTERS in new 16A form.

I WANT TO KNOW THAT WHICH ARE THESE NUMBERS ARE ? HOW CAN I GET IT ?

I ASK YOU BECAUSE I WANNA GIVE TDS CERTY TO MY PARTIES.

THANKS

am working for German company who going to be importing finished machine tools equipment and selling in the local market (India) and export the same to the neighbouring countries.

Should my company liable for excise registration.

They will also be importing spare parts for the equipment for repairing and servicing purpose.

No reproduction process involved

I understand that the customs duty in India for importing this equipments is to be paid in two segments.

1. BCD with Surcharge along with Cess

2. CVD with Surchage, Cess along with the ASD (Additonal Special Duty)

My Questions are as follows;

For Trader cost of goods value increased by both these duty example my purchase price is Rs. 1000 + 100 (BCD) + 100 (CVD & ASD) = Rs. 1200 will be my landed cost.

we want to have cost of goods level @ Rs. 1100 and add our profit % and when we sell we want to pass on the Rs. 100 (CVD & ASD) to our customer.

What are all the possibilities of doing that. What is 1stage & 2nd stage dealer.

Whetehr I can register with excise department as Trader cum Dealer to enable me to pass on the CENVAT Credit to my local customers.



Regards & Thanks

what is the last date for issuing 16A in case the interest iscredited for the year on 31st march.I v read somewhere that in such cases its 7th june. is it right and what if 16A is issued after the required date

person who is a salaried employee, gets HRA. He stays in a leased house for which he has paid a lumpsum amount at the beginning of the stay in that house which will be refundable at the end of the stipulated period. Can he claim HRA exemption U/S 10(13A) of the Income Tax Act 1961

I've taken a loan jointly with my wife to buy a house property. Basically the loan is sanctioned on my salary and repaying capacity only. EMI is Rs. 19,000/- Whereas my wife salary is Rs.13500/- only
I've registered the house property in my wife's name only.
In this circumstance whether i can claim Interest on salary u/s 24 and deduction u/s 80C for the principal portion paid from my salary income
Please clarify