In case a company enters in to agreement with a company / individual outside India, then what is the procedure to pay royality and from which departm,ent permission is required. Is the agreement between two is also to be got approved

IS THERE ANY DIFFERENCE BETWEEN THE TERMS ASSESSEE & TAXPAYER? AND IF IT IS THEN ANY ONE SITUATION WHERE THESE TWO ARE DIFFERENT PERSONS OTHER THAN EMPLOYEE'S TAX PAID BY EMPLOYER.

Dear Sir
In a manufacturing concern LPG is used as a consumable stores used for welding. Can we take cenvat credit of excise on the LPG as LPG is specifically excluded for taking input tax credit under vat rules. is it not allowed under excise laws also?? I think excise in my case is allowed am i right sir??
Please advice

We have certain employees posted at a oil digging site in case of whom they are required to work for 28 days without leave at site and then they go off for next 28 days to their home town, as per their terms of employment.

The company bears such chrages for their travel to and from the site to their home town. Should in this case the travel charges to and from the employees home town to site be treated as travel charges or be treated as perquisite.

Is it necessary that an assessee who has a TAN should file the prescribed quarterly returns even though there is no deduction of tax. To be more clear,is he duty bound to file a NIL return?

In 40a direct taxes are disallowed
in n rule 6DD(b)adverse of the above is stated I m comfused?

What is treatment for input tax credit on capital goods for a manufacturing company.... Can it be adjusted against VAT liability.. Plz explain...

i would like to know (a) formula for Reducing Rate of Int V/s. Flat Rate of Int.
If reducing is 10%p.a., how much will be flat rate ?
(b) how to prepare ammortization schedule in excel sheet, for loan with EMI with reducing balance of int. ?

regards anckoora

Branch transfer can be done under which form?

A Partnership Firm is purchasing chemicals from a limited company which is sold in transit to another entity i.e sec.6(2) sales the format of invoice is follows:

Basic Price xxxxxx
Excise xxxxx
Education Cess xxxxx
H.E.C xxxxx
Sub-Total xxxxxxxxxxxxx
CST xxxx
Sub-Total xxxxxxxxxxxxx
Freight xxxx
Grand Total xxxxxxxxxxxxx

The Freight is paid by the buyer.

There are two questions:
1.Whether Tax is to be deducted u/s 194C for the freight paid?
2.Whether the buyer being not the consignee is liable to pay service tax under Transport of goods by road as a service receiver.