Service tax on vat
This query is : Resolved
17 August 2009
SIR I WOULD LIKE TO KNOW REGARDING AS-16 IS BORROWING COST APPLICABLE ON INVESTMENT?
IT MEANS IF I HAVE A BUILDING IN INVESTMENT SCHEDULE THAN CAN I APPLY AS-16? AND CAN I INCLUDE INTEREST ON LOAN AMOUNT IN THE INVESTMENT SCHEDULE?
pls sir reply as soon as possible
IT MEANS IF I HAVE A BUILDING IN INVESTMENT SCHEDULE THAN CAN I APPLY AS-16? AND CAN I INCLUDE INTEREST ON LOAN AMOUNT IN THE INVESTMENT SCHEDULE?
pls sir reply as soon as possible
17 August 2009
Is the Vat Liable on Service tax ...?
In Invoce we charge Vat as below
Amount 10,000
Excise 800
Edu.cess 16
H.Edu cess 8
Fright 500
2.5 % service
tax 13
2% edu cess 0.26
Vat @ 4% (?)
here is vat should be on amount11337.26 ...?
i.e is vat leavyable on service tax ....?
In Invoce we charge Vat as below
Amount 10,000
Excise 800
Edu.cess 16
H.Edu cess 8
Fright 500
2.5 % service
tax 13
2% edu cess 0.26
Vat @ 4% (?)
here is vat should be on amount11337.26 ...?
i.e is vat leavyable on service tax ....?
18 August 2009
no in case of investment u cant
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- Residential status of non resident
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Taxability of credit in canara bank ET & T section (NRO)
- TDS offline utility
- Due Date Clarity
- Rent claimed on building given on permissive possession basis
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
