Sir,

We are a Manufacturer of Electrical Insulators and we are Paying Out ward Freight Charges and we are Paying Service Tax on Out Ward Freight Also after Abatement Value of 75% So I Want to Know is it Allowed to 75% Abatement on Out Ward Freight or not and what is Notification No.

Jayendra Patel

Prime Insulators P. Ltd.

Hello everyone i am a commerce student and want to do CA.But i am also intrested in Information technology. So if i do CA and then CCNA course will it be helpful? Or is there another way to do both? And What will be the career opportunities? please help me...

(i) What is the legal status of a school/college that runs under the aegis of a trust and whose separate balance sheet were prepared??

(ii) And also in some cases trust is not having any receipt but school is having it above the limit of sec.44AB; so whether tax audit applicable?? if yes then to whom??
kindly give the reference.

My articleship is going on under a CA
Now without getting transferred
I just want to join a firm in Indore. Can you please help me if you know such firm in Indore who keeps articles registered under other CAs

We are planing to purchase chemical in bulk local and import and distribute local different packing.
eg. purchase 2600 tons in one tank & we sold to the three different customers 1000 each two customers & 600 one customer.

For this transaction shall we required Excise dealer membership or Manufacture registration

Ours is a Pvt Ltd Co & we have been paying remuneration to Directors who are also share Holders of the Company. Shall Company pay Service Tax under RCM ?

sir/mam I hv made payment to a contractor 1st 20000 in 2nd quarter 2nd 36000 in 3rd quarter 3rd 30000 in 3rd quarter my question is that when 2nd paymdnt is made that exceed rs 35000 individualy , so tds is to be deducted on 36000 or on total payment till date. similary if 2nd payment is rs 34000 & 3rd payment is rs 30000 which exceed rs75000 in agreate , so on which amt tds is to be deducted on the amt which exceed 75000 or on total 84000.

one of my client(say Mr X) who is a builder has entered into an agreement to construct 4 floors on the plot of another person in haryana who is the landowner( say Mr Y) Mr X will bear all the cost of construction. Moreover he will pay Rs 1cr to the landowner.The consideration which he will get from Mr Y is 1 floor.GPA for land will not be signed. I know it is works contract under service tax as well as Haryana Vat .My issue is that how should I calculate my taxable turnover on which I have to pay tax? is it by adding a profit margin on the materials or by taking circle rate of construction in that area ? and when do I have to pay vat and service tax, whether at time of regstn deed of floor which I will be getting or monthly/quarterly ? Thanks in advance

sir I want to get knwledge of income tax act.. acc to me I m at zero level now so which book should I follow... I m ca final student... I want to get practical knowledge also...

Hello Sir,
I am having question on e-filing service tax return. One of my client had registered for service tax number even he had not exceeded exemption turnover. From That Date Till Today, he has not yet exceeded Turnover Limit of Rs.9,00,000/-. He is getting letters from Dept. to pay tax. Whether he has to bother about it or not? If yes, then what will be his tax liability?
Shall I File his Nil Return from www.aces.gov.in?
Please Answer To This Problem Sir. Its Urgent. Thank You In Advance.