IS there any book for PCC law - case studies?

Charmy S.

Are provisions of Sec. 195 of IT Act, 1961 applicable?

eg:
There is JV between two companies Indian & Foreign.
Suppose Foreign Co. provides some employees to JV and those emplyoees while on duty incurr some expenses on behalf of JV which calls for reimbursement. Now Foreign Co. reimburses those expenses and raises debit note of those expenses on JV. JV for whom actual expenses are incurred reimburses those expenses to Foreign Co. To make it convinient Foreign Co. plays intermediater role.

Is payment towards debit note i.e. reimbursing of Expenses to Foreign Company falls under provisions of Sec. 195??


Please reply to matter its urgent.

Citation of Case laws in favour of not application of Sec. 195 will highly be appreciated.

Thanks.

Are provisions of Sec. 195 of IT Act, 1961 applicable?

eg:
There is JV between two companies Indian & Foreign.
Suppose Foreign Co. provides some employees to JV and those emplyoees while on duty incurr some expenses on behalf of JV which calls for reimbursement. Now Foreign Co. reimburses those expenses and raises debit note of those expenses on JV. JV for whom actual expenses are incurred reimburses those expenses to Foreign Co. To make it convinient Foreign Co. plays intermediater role.

Is payment towards debit note i.e. reimbursing of Expenses to Foreign Company falls under provisions of Sec. 195??


Please reply to matter its urgent.

Citation of Case laws in favour of not application of Sec. 195 will highly be appreciated.

Thanks.

WE ARE RENTING OUT MACHINES TO OUR CLIENTS IN TWO WAYS (1) MACHINES ARE SUPPLIED TO THE COMPANY AND THEY OPERATE THEM (2) MACHINES ARE SENT ALONGWITH MANPOWER TO RUN THEM. DO WE PAY SERVICE TAX OR VAT?


ALOK DAS

1. We are executing major water supply and sanitation projects for government boards like BWSSB, KUWS&DB, KUIDFC, ZPE ..etc. We are registered under works contract. Do we have to pay service tax for government projects? As these works are not for industry or commerce...

2. All the tenders are quoted and being executed before 1-6-07 i.e before applicability of Service Tax on works contract. Do we have to pay service tax on all projects as well or only new works after 01-06-07. As we have not quoted our rates including service tax, cause it was not applicable at that time.

Please guide

Can anyone help out
Now i m tired of it
1st thing articleships troubles a lott due to which we get no study time
what to do?

iam managing a partnership company TSK&CO

i want to convert it in to unlisted plc

i would liketo know

min /max members

min authorised/paid up share capital

and other info

can i move directly with out converting in to pvt ltd

Hi,

1) Pls let me know the time limit to get TDS No. if one is liable to deduct TDS in March and not before this month.

2) Is it necessary to file TDs Return if the TDs deducted during the quarter is NIL

We have filed Refund Claim & in its order AC has allowed excess payment of service Tax but denied of refunding the Amount pertaining to the CENVAT Credit on Input Services. what is the procedure to again avail such credit as we have taken that credit earlier & filed Return with excess Service Tax.

Can an individual claim rebate u/s80D wherein he has actually reimbursed the amount paid by his parent who is a dependant . The Mediclaim amount has originally been paid off by his parent and the policy stands in the name of his parent . He has only reimbursed the said amout to his parent by cheque.

Regards

Indranil Mukhopadhyay