Anonymous
26 May 2014 at 11:32

Excise registration as importer

Dear Experts pleas advice on following

WE are trader ,we import the material & distribute allover the India.We have registration in excise as dealer . But as per new amendment Register As importer . Please advice shall we have to take new registration as Importer.

Regards


Gaurav Aggarwal

Do TDS need to be deducted on interest paid to co.s registered under MSMED Act?
if yes, what is its rate?



Anonymous
26 May 2014 at 10:35

Urgent

Dear Sir,
In fY 2013-14, total turnover of a service provided was Rs. 13 lacs and in fy 2014-15 his turnover would be around only 5 to 6 lacs.

Whether he has to collect and deposit service tax for the fy 2014-15
or
he can claim exemption for the fy 2014-15 as his turnover would be below 10 lacs.

Thanks and regards.



Anonymous
26 May 2014 at 10:22

Interest free loan from employer.

Good Morning Experts,
I have a question, You all are requested to please response.
Employee A take Interest free Home Loan from his employer for Rs. 300000/-. For instance, SBI provides home loan on Interest @10%. So would Interest amount ,e.g. Rs. 30000/-, be taxable for A.Y. 2014-15. Because IT Deptt. has provided exemption on Home Loan Interest upto Rs. 150000/-.
So Would his Interest free loan be taxable ?


SABREZ ALAM
26 May 2014 at 09:19

Nil return penalty

I have not file my service tax return till now for the period oct to march 2014. No service provided by me in this period. I want to surrender my STN. is it possible without filing return or not If no there is penalty of belated nil return


venkat
26 May 2014 at 07:24

Service

service taxes due date


Money Arora
26 May 2014 at 02:46

Small scale service provider

An assessee has given a building on lease to a bank. Annual rent is rs. 9,50,000 inclusive of service tax according to lease agreement. This is the first year of lease. Assessee is a first time service provider and has registered himself in this financial year only. Whether the assessee will have to deposit service tax on inclusive value of rs. 9.5 lacs or he can claim small scale service provider exemtion for current financial year?


jinesh
26 May 2014 at 02:23

Related short term gain on shares

Dear Sir

my frd is daily earing 1k to 2k in share market. he doesnt want to file ITR. if i insist him to file then how to file and what to show in income. he has only this income. how to pay advance tax on it. it is more than 10000. so please suggest me the way for which ITR and what amount i have to show under C.G. head. Please advice practically.


Kausik Ghosh

please tell me if a person is under tax regime & having multiple savings a/c how i am going to calculate the tax burden?is it sum of interest gained from all savings a/c minus Rs 10000/-?second point is whatever interest gained from savings a/c having mod/sweep facility comes under tax burden or same relaxation of rs 10000/-is available for it like normal savings interest?


Ashish Mishra
26 May 2014 at 00:14

Loan from director relative

My client ABC Pvt. ltd. has taken loan in september 2013 from director relative.

What would be the impact till March 2014 as per Co Act 1956 and after 1.4.2013 as per new co act 2014.

Also who are the relative as per new co Act





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