Do we need to apply for New Excise number amendment on Share purchase or asset purchase of company or amendment is required

Details me with the procedure??

sir, i am conducting an audit in which i noticed that our party is hiring labours from some suppliers. It apparently is the case of man power supply. Now the supplier who is an individual is chargng 100% service tax in his bill. As per reverse charge mechanism, on 75% portion of bill, service receiver is requird to pay service tax. Nw since service provider itself is charging 100% service tax, is our client required to charge service tax on 75% portion.??

Dear Sir,

I have few queries regarding Corporate Social Responsibilty (CSR) rules.

1. From which financial year a company which comes under CSR applicabilty has to spend atleast 2% of average net profits of last three financial year? From F.Y.2013-14 or from F.Y.2014-15.? (CSR reporting will be applicable for From F.Y.2014-15.)

2. Whether a company has to spend 2% of average net profit for each three years?? i.e. for f.y.2011-12, f.y.2012-13 & f.y.2013-14? or for only F.Y.2013-14.?

3. Listed or other prescribed companies can not appoint an audit firm for more than two terms of five consecutive years. in that case, Where a Statutory auditor is a firm, period of appointment will be counted from F.Y.2013-14 or from previous years??

4. Are there any institution or trusts prescribed for spending 2% of average net profits??.

I will be very grateful to you for providing some guidelines and clarity on above subjects. or provide reference to clear my doubts.

waiting.....:)

how can check the date of cessation of director




regards

One of my friend's dad is a retiree. He has some property in Nepal and is also a permanent resident of Nepal. He visits India once in a year only for withdrawing his pension. Now he is planning to sell his property in Nepal and remit the amount to India and settle here. What will be the tax provision? Does he even have to pay tax on the remitted amount? Please Clarify.

Can a proprietor pay salary to his wife from Proprietorship firm ?
Does he need to club it in annual return or can file a separate return for his wife?

can I attempt group 2 before group 1 in final? ??

Sir, The service tax no. of service receiver is not mentioned on the invoice raised by service provider. In this case, can the service receiver avail the benefit of cenvat credit for the service tax paid..?

My client has paid Rs.25,00,000/- as license fees for Digital Content Sharing (Images and E Magazines). Whether this license fees amounts to royalty?

Whether on this amount Rs.25 Lacs TDS needs to be deducted?

If yes then at what rate and under which section?

Please Experts help.

Thanks in advance.

Please explain the difference in commutation allowance and conveyance allowance in detail???