MANOJ KUMAR SHARMA
04 February 2012 at 11:30

Claim of lip

husband and wife both are salaried person.can wife get claim the deduction of lic policy in the name of husband when husband is not claiming rebate of that lic policy.


CA Dipak

we are company doing mfg. activity.we paid freight on input received by us. we paid s.t on such freight by taking abatement @ 75%.

1)now i want know can we avail credit of such s.t paid on freight.

2)we sale goods on consignment basis.we paid freight when good send to consignment agent and paid s.t on such freight by availing abatement @75%.can we take credit of such s.t as our place of removal is consigment agent place.?



Anonymous
03 February 2012 at 19:19

Print media business

thnxs in advance for your views....

m running a print media business(pvt co)of selling wedding magazine..we hve folloeing issuses...

1-Should we pay VAT for Magazine selling(TAmil Nadu)?
2-Should we collect service tax from Advertisers?
3-Should we deduct TDS? what parties are exempted from it?
4-Wht should be proper accounting system?

Thnxs again for your valuable opinion....


MANISH KUMAR

my client has deposited service tax on renting of immovable property alongwith interest thereon after receiving notice from service tax department .After that service tax department has issued a penalty notice for not depositing service tax in due time.tenants of my client was not paying service tax due to matter is under dispute.



Anonymous
03 February 2012 at 16:57

Input credi

we received income from renting of immovable property which is under service tax net.we just want to know that on which services we can able to take input credit.we take legal and professional services from one organisation and we paid a service tax to them so whether we can take input credit of that or not.


MANOJ KUMAR SHARMA
03 February 2012 at 16:49

Regarding liability of service tax

Firm A services (Partnership Firm) is a service provider of "TATA TELESERVICES LTD" engaged IN SALES OF 'TATA DOCOMO'recharge vouchers. 5% discount given to Firm A.In turn the A Services is permitted to resell these coupens to retailers at 3% to 3.5% discount.the results in earning by the A Services in the shape of retention of an amount equal to 1.5% to 2% of M.R.P of E-recharge Vouchers.can the firm A services get the exemption of small service provider because the commisiion received by the firm A services is below than 10 lakhs. pls reply me as soon as possible because it is the matter of service tax audit. pls convey me related notification and circulars.


varun jain

i buy some stickers,flex,as per my specification.deler charge in bill 10.3% service tax and not charge any vat.

printing or flex printing service tax apply????????

can this is right..

pls.rply..........


CA Suraj Lakhotia

If the vendor bill merely states that the amount is inclusive of service tax without mentioning the service tax and cess components separately, can the buyer take credit of service tax by determining the service tax amount.

Any caselaw/provision to highlight the stand would be appreciated.


Mahesh S. Pillai

Dear sir,
Is it mandatory to take service tax registration for an Unauthorized mo-bike service center,if it's turnover is above 10 lakhs.

Thank you,,,


Dwarika Jha
02 February 2012 at 19:15

Service tax related

I Want to know that if any amount recd from service rendered in june 2011 but service tax not paid on above income and also thats not included in half yearly service tax return ...so.can i deposit service tax with interest right now and can include that income in next service tax return as income....plz reply






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