Dear Sir

Pls advise whether ST is to be paid by co. (X ltd) under reverse charge mechanism (RCM)in the below case.

X ltd. pays Mr. K (Individual) for constructing toilet & such other amenities in the nearly 5 schools as a part of its CSR activity. Since the above work is a works contract & the provider of service is an individual, co. has to pay ST under RCM.

Query: Whether ST has to be paid under RCM when the payer (X ltd.) is not actually the service receiver?
(In notification 30/2012, sl no. II the words used are "....... the person who receives the service for the taxable services specified in (I) shall ......"

Kindly advise.

Dear All,

please give me if you have Date of Birth Affidavit format for PAN Card Application
you can direct send me on my below email id.

girishtax@gmail.com

Thanks.

frns I have cleared my IPCC examination (nov 13)both the groups in first attempt. I have been haunting for articleship in Hyderabad since Feb.I have submitted my resume in all big4s and some mid size firms,but I didn't get any cal for interview yet. its already march half. Please advice me what to do? shall I be patient for big4 only.?

Sir,

We have one vacant land with joint property between my two brothers. We are 56+ & 58 years old edged. We like to build a one building construction for our solely residential purpose. We have to borrow a loan from Bank. As the land is in the name of two brother may we get tax benefit from Income Tax? iF so then what may be the criteria to get it.
1. If we get Tax benefit from department then the benefit will be divided from both of our brothers personal Income Tax file, or not?
2. If we do Family Affirmation Partition Deed to borrow separate Loan from Bank then isi is possible to get separate Tax benefit from Department?

Please help me to to solve the problem

Dear Experts,
Good Morning.

One of my friend is Driver and Owning Cab for providing the Service to Corporate Sectors. The Corporate Company deducting the TDS against the my friend. Now My friend need to file the Income Tax Return.

Which ITR Can I use? and how to claim Refund of Tds Amount?

I am going to appear CA Final in coming May'2014. I wanted a help regarding amendments in IDT and DT. If any one is having amendments please share to me also. Pease help urgently required. Thanks...!

Dear sir is it mandatory to register leave and license agreement by paying stamp duty for claiming hra exemption whn rent paid is Rs 25000 ? is it enough if i submit notarised copy of agreement to my employer?

Our building is under redevelopment. Builder is giving us Rs. 450000 as rent for accommodation till the building is constructed & deducted tds 10 percent.Is this amount Taxable?if taxable as what income? Can i claim refund ? if i live in less rented house ie. Rs.15000/- rent house. Please guide

hello sir
i am in a very very big problem and i am totally trapped actually i was registered in articleship 29-10-2013
but i had taken transfer and signed and submitted form 109 on 19-02-2014
now the problem is that i have no other firm for articleship and i have no option i have cleared only group 1 of ipcc
so please help me what should i do now i have jo firm for articleship nd i have very few time can i stop articleship and join after clearing my ipcc group 2?? if it is possible then how it will effect me
please advice me
i really need a help please sir

Company is manufacturing forging items, there is 1:1 ratio of Input-Output. During the processing some quantity are rejected due to Quality inspection and at the end of year those quantities are sale as iron scrap, 30 percent of Input Cenvat credit is utilized for the payment of duty on scrap sale from its cenvat credit which was taken on its input purchase and 70 percent of balance Input Cenvat credit is utilized for other output.

My que is.... whether company can utilise that whole cenvat credit or thay should reverse the balance 70 percent of cenvat credit?