40% abatment in construction of complex for april-june 2012
This query is : Resolved
01 November 2012
HI EXPERTS
I AM FILLING THE RETURN OF SERVICE TAX FOR THE FIRST QUARTER FROM APRIL TO JUNE OF ONE OF OUR PARTY. I HAVE ONE CONFUSION ABOUT 60% ABATMENT IN THE SERVICE OF CONSTRUCTION OF COMPLEX. SHOULD I TAKE THE 60% ABATMENT. I THINK IT IS APPLICABLE TO ONLY WORKS CONTRACT
AND IF IN WORKS CONTRACT WE CAN TAKE THE 60% ABATMENT THEN IN WHICH NOTIFICATION OF ST IT IS COVERED. BECAUSE IN ACES EFILING UTILITY FOR APRIL TO JUNE 2012 THE NOTIFICATION NUMBER APPLICABLE FOR ABATMENT IS COMPULSARY. REPLY ME FAST EXPERTS
I AM FILLING THE RETURN OF SERVICE TAX FOR THE FIRST QUARTER FROM APRIL TO JUNE OF ONE OF OUR PARTY. I HAVE ONE CONFUSION ABOUT 60% ABATMENT IN THE SERVICE OF CONSTRUCTION OF COMPLEX. SHOULD I TAKE THE 60% ABATMENT. I THINK IT IS APPLICABLE TO ONLY WORKS CONTRACT
AND IF IN WORKS CONTRACT WE CAN TAKE THE 60% ABATMENT THEN IN WHICH NOTIFICATION OF ST IT IS COVERED. BECAUSE IN ACES EFILING UTILITY FOR APRIL TO JUNE 2012 THE NOTIFICATION NUMBER APPLICABLE FOR ABATMENT IS COMPULSARY. REPLY ME FAST EXPERTS
02 November 2012
for April to june abatement @ 40% is not applicable
For this Rate of service tax is 4.8% + 3 % edu cess
For this Rate of service tax is 4.8% + 3 % edu cess
Message likes :
1 times
02 November 2012
THANK U SIR BUT I WANT TO ASKING ALSO THAT IN EFILING UTILTY OF ACES FOR APRIL TO JUNE HOW SHOULD I FILL THE FORM SHOULD I WRITE GROSS AMOUNT IN AGINST SERVICE PROVIDED OR AMOUNT OR SHOULD I WRITE RATE OF TAX 4.8%, 2% EDU CESS AND 1% SHSC????????
02 November 2012
i still have a confusion about taking 4.8 % or 12% in the aces efili ng utility.
09 November 2012
Dear sahad
just write 4.8% in tax rate cell 2 % in edu cess rate and 1 % in hse cess cell
just write 4.8% in tax rate cell 2 % in edu cess rate and 1 % in hse cess cell
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Presumptive income under 2025 ACT
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
