I have 3 trucks and given on contract basic through a broker. If my turnover is exceeded over 9 lakhs.Am i liable to pay service tax and if YES should i get register with service tax??.

DEAR SIR I WANT TO KNOWN THAT HOW TO TREAT THE EXPENSES WHICH IS OCCURRED DUE TO SHIFTING OF FACTORY FROM ONE PLACE TO ANOTHER IN ACCOUNTING.

DEAR SIR I WANT TO DEDUCT TDS FROM THE ACCOUNT OF PAYMENT MADE TO THE CARPENTER PLEASE SUGGEST ME WHAT RATE IS APPLICAPLE AND HOW TO CALCULATE TDS

Dear Sir/Madam,
I want to know that if I pay service of 112360 to any client and in which 12360 is service tax, on which amount client will deduct TDS,-100000 or 112360

Which topics are excluded in Hire purchase of IPCC Accounts syllabus?

In excise dept survey one of my client has found that he is not registered with them.....
then our client has paid all the tax for earlier years and not recover from customers.

So I want to know that all the paid tax is allowed as expenditure in the income tax for this year?

dear sir,
one of my client purchased flat in the year 2004,
but he didn't showed this amt. in balance sheet
so now could it be possible to show in balnce sheet in the year 2014 and if possible dan how.

Our company is a group company, in our division Products are (sales) VAT exempted products, but on purchase of rawmaterials and othe finished products we are paying vat, shall we take input credit, in group company in our other division other manufacatured products we are paying VAT. Please clear my doubt.

K. Srinivas

I am working in a Listed Company. The Company has 5 factories in the same state. Each factory has 4 Divisions. Each Division has a different TAN number.

Now, considering any one factory(F1). Suppose it has 2 Divisions (D1) and (D2).

D1 is taking professional services and needs to deduct TDS on the same. However, payment to the service provider is made by D2 after deducting TDS(for the first 6 months).

So, is it wrong from compliance point of view, that TDS is not deducted by D1 but by D2 for 6 months since services is received by D1?

What is a centralized TDS scheme in this regards?

Please provide links to laws/act/rules for references.

If someone deposits say Rs 1lac in my Saving account or joint account with spouse what is Income tax implications ?
Will Income tax departement ask details.
I pay Tax under Salary