XYZ company gives sales commission to its dealears,tax is also duly deducted.My question is if sales order is obtained by the dealer through a third party,and whatever chrges he pays to that party is recovered from the company,will this payment be considered as commission?Is the company responsible for deducting the tax at source?

hi .have got myself registered as an article from 22nd of april 08 .presently doin a correspondece diploma course from icfai .got my last exam of this course on 27th of april .Should i fill in form 112 and send it supposing i clear and finish the course the results of which will be publishd in a months time ??Wht do i do if i dont clear this time ..i would writing next in september .PLz send in your views.Then again i hope icfai has won the legal battle it had against ca .

X a public ltd (holding company) purchased goods worth Rs.5 lacs from Y a subsidiary Co. Is it necessary to obtain permission from Central government u/s 297
kindly explain.

Hii.. all


I want to ask about insurance claim income.. suppose i will get a Accident insurance claim for rs.350000.00 so, all of this amount is taxable or non-taxable ?
and TDS deducted in FY 2006-07 so, can get refund TDS amount now or not ?

plz hepl

Krishan Aggarwal Sir,

I have not clear accumulated Depreciation

generally entry of depreciation is

Depreciation a/c dr.
To Fixed assets

but ur entry for accumulated is

depreciaton a/c dr.
To Accumulated Depreciation

then this is for which fixed assets how we know

or this has been done on 31.03.2008 or mid of the year also.

please give me the detail knowledge about this.
waiting for ur reply
thanks

i need a detailed copy of internal audit report covering each aspect of the organization . send me a copy to rathandeep@gmail.com

Dear sir,

Please tell me what is accumulated Depreciation & how it has been treated

My query is whether TDS is deductiable on zerox charges paid?

I had not make a payment of TDS which is due from Sept-07 Rs.11000 if I m going to make this payment on 27.04.2008. what the interest amount i have to pay & what is the rate of interest. if this is 1% monthly then how i calculate because 7th of the next month is due date. will this be calculated on daily basis.

please tell me the amount of interest on the above

DEAR ALL
CAN ANYBODY LET ME KNOW ABOUT THE STOCK MARKET I.E., ABOUT INCREASE, DECREASE IN THE VALUE OF SHARES
THE WAY HOW THEY ARE VALUED
AND ABOUT THE SENSEX

AWAITING REPLIES
THANKS ONE & ALL