Hi Experts,
I have stuck up on one very crucial issue. Please help me out...
Please let me know, if a company makes payments for hotel accomodation for its employees / directors / executives etc. which exceed Rs.120000 p.a. whether the payment would be treated as rent withing the purview of provisions of sec. 194I or not. If yes, then TDS should be done or not??
Circular No. 715, dated August 8, 1995 clarifies that if the stay is on regular basis then TDS has to be deducted u/s.194I, but there is no clarification as to what constitutes "Stay on Regular Basis". Please suggest what should be understood by Stay on Regular Basis.

Thanks in advance

Can anyone help me understanding how the Transactional Net Margin Method is calculated...or any material that explains the various methods of calculation of transfer pricing..

the company has constructed one building
consisting of 4 floors .total flats =6*4
comes to 24 flats.
first downpayment is RS.1,00,000.
within 30 days of allotment one has to pay 25%
2ND INSTALLMENT is 15% due on at the completion of basement roof
3rd INSTALLMENT is 10% due on at the completion of roof slab
4th INSTALLMENT is 20% due on completion of brick work
5th INSTALLMENT is 15% due on at the completion of plastering
is service tax leviable on the sale of 24 flats?
if yes what is the procedure?
6th INSTALLMENT is 10% due on at the completion of flooring

CAN ANY BODY SUGGEST ME A BOOK ON CMA DATA PREPARATION FOR AVAILING LOAN FACILITIES FROM ANY BANK

PLEASE TELL ME A NAME OF GOOD BOOKS FOR SARBANES OXLEY ACT 2002 USA AND USA GAAP

i passed my feb cpt exam, i am in search for articleship, does anyone have the list of CA firms in Nashik under whom i can do my articleship

Dear Sir / Madam

If any person left his current job & joined to a new co. in between any financial year. At the time of his leaving he was having 30 leaves balance in his account & co paid him as per the calculation.
In this condition the amount of leave encashment is taxable or not?
Even he is working with his new co. & his salary is taxable.

Dear Members,

My company wants to make a donation of $2 lacs by way of foreign remittence. Is it eligible to do so. If so under which provision of the FEMA and the required documents needed for the remittemces.

RGds/
CA.Vineet Grover

Please help me. My question is that whether the employer is required to take the PAN no. of the land lord is any employee gives rent receipt. and what is the limit of the same. Is the employer is also required to take the ITR of the landlord to verify that whether Income from House property was declared in his return and by what amount?

Whether Efflument treatment expenses is covered under the service tax net?