Dear Experts,

I have 1 query regarding Service tax.

Our one service provider has opted for VECS scheme and so he has charged service tax for F.Y. 2011-12, 2012-13 and of current yr till date now my ques. is whether the Service Tax pertaining to previous yr will be treated as prior period item ..as per my understanding it should not be treated as prior period since he has not charged in the previous yr so there is no error.

Also can we claim Input credit of that ?

We have deducted TDs on property (1%) while making payment.
During the submission of the form 26QB the PAN NO was entered wrong of the seller and this was submitted online and even the Form is generated. So now is it possible to rectify the wrong pan no and if so, please provide the procedure for it.

hello evry1..I am a fresher CA..i cleard my CA final in novmbr 2013..I have got a call for interview for tax audit departmnt at one of the big 4 co. I need ur guidance for how should i prepare for the interview..

Changes in ST, Excise and Custom by Interim Budget 14
Please suggest from when we can implement changes in our books with new rates

Dear Sir/Madam,

Please guide me how to change address of business place in same city & same state for Pune,maharashtra.

Please guide

thanks
regards
urmila

Dear Experts

Our process is like that we will assemble automobile testing system and then move it to customer place and charge rent from customer. Product will be fixed asset for our company.

My query-
1.Shall we pay excise duty on assembled product?
a.If Yes- How to calculate the value of excise duty because we are not selling it.
b.If No- Documentation for movement.

2. We will charge service tax on rent. can we take the benefit of excise paid on input material use for assembly against service tax.

Is there any special notification for Assesable value for Excixe Duty in case of sale of Automobile parts to special division unit.

ONE OF MY CLIENT HAS FILED HIS RETURN FOR THE FY-11-12,HIS COMPANY HAD DEDUCTED HIS TDS OF RS 3500/-,BUT AT THE TIME OF FORM 16 HE IS NOT GIVEN HIS PAN NUMBER TO ACCOUNTANT,IN FORM 16 MENTION THAT PAN APPLIED,BUT TDS DEDUCTED FROM HIS SALARY,NOW MY QUERY IS FROM IT DEPT HE GOT INTIMATION TO PAY TAX OF RS 890/- HE IS LIABLE FOR THAT BUT REMAINING AMT SHOULD GET TO REFUND,BUT HIS COMPANY FILED TDS RETURN BUT NOT MENTIONED HIS PAN NUMBER DETAILS,BUT NOW I HAD SEEN HIS 26AS THERE IS NOT TDS DETAILS DEDUCTED FROM HIS PAN NUMBER.SO HOW HE CAN GET REFUND??? COMPANY ALREADY DEDUCTED HIS AMT FROM SALARY.


THANKS

SIR

I AM RUNNING A PROPRIETOR SHIP FIRM AND MY SON WORKING IN THE FIRM AS MANAGER AND I AM PAYING HIM SALARY 20000/- PER MONTH. NOW I WANT TO KNOW CAN I PAY THE TUITION FEE OF MY GRANDSON DIRECT FROM MY A/C ON THE INSTRUCTION GIVEN BY MY SON FROM HIS PART OF SALARY. IS IT PERMISSIBLE OR NOT.

THANKS & RGDS

MUKESH KUMAR

SIR

COULD YOU PLEASE PROVIDE ME DEPRICIATION SCHEDULE AS PER COMPANY ACT & AS PER INCOME TAX ACT , ALSO TELL ME THE DIFFERENCE BETWEEN THEM.


THANKS

MUKESH KUMAR