Anybody pls inform the date from which the reverse charge mechanism came into effect in Service tax....(in case of GTA)

i have booked a Duplex flat in shrishtinagar Asansol project 2 years ago(in sept 2011). But till now they have not started construction , now on cancellation request they are telling that , i have to bear a loss of service tax.

My Question is Why i will pay service tax for that which is not yet started. But the company is not replying me since 4 months, I have made a cancellation request for that.
CAN YOU PLEASE HELP ME OUT I AM A ENGINEERING STUDENT. I dont have good knowledge in this.

One of my friend persuing CA , he told me that there is nothing like to pay SERVICE TAX ON BOOKING DUPLEX In ADVANCE.

Please please reply me as soon as possible.. if possible reply me mail (mit_lonestar@live.com)

In a school, scholarship is provided to a student after the session ends.
For eg if Student A gets Rs 1000 for securing 1st position in class IX, which he gets in class X..
So whether this scholarship given should be treated as prior period expense or whether we should make a provision?
Please suggest

A PERSON HAS 3 STOREY BUILDING ON THE RENT OF 21000 P.M, HOW TO SAVE TAX ON THIS
CAN HE TAKE THIS AMOUNT BY CASH TO AVOID TAX?

What are the better investment plans for salaried person?

Dear Friends,
While paying income tax for A.Y 13-14 (Self Assessment), wrongly A.Y 14-15 (advance tax)was entered in challan. Challan got processed, and more then 10 days have elapsed. Also, the return filed for A.Y 13-14 is belated return therefore same cannot be revised.

Please, provide any solution or suggession as early as possible.

PL. ANSWER FOLLOWING WITH REFERENCE TO SEC 194C

whether tds to be deducted u/s 194 C in following cases:

Q.1: If two bills of Rs. 20000 + 20000 were credited and paid by two cheques of Rs. 20000/- each

Q. 2: If two bills of Rs. 20000 + 20000 were credited, however paid through single cheque of Rs. 40000/- during the year.

Q. 3: If two bills of Rs. 20000 + 20000 were credited previous year, however paid through single cheque of Rs. 40000/- in current year.

Q.4 : If party has op. bal. of Rs. 80000/ cr. (tds already deducted in prev. year) and paid entire amount o/s through 4 chequs of Rs. 20000/- each in current year, and only one bill is credited during current financial year which is below Rs. 30000/-

Q.5 : If party has op. bal. of Rs. 60000/ cr. (tds not deducted in prev. year) and paid entire amount o/s through 3 chequs of Rs. 20000/- each in current year, and only one bill is credited during current financial year which is of Rs. 26000/-


Kindly advise

A challan wrongly entered in Q4 of F.Y.2012-13 as well as in Q1 of F.Y.2013-14. Now department raised a demand of Short payment.
Can i revise my return and delete deductees from that particular challan?

I am working in a Co. which has two internal Co.s. In F.Y. 2012-13 One of Employee got salary Rs. 85,500 including
Conv. allowance Rs. 800 pm.
HRA Rs. 15,300 p.M.
Special Allowance- Rs. 43900 P.M.
LTA Rs.3250 P.M.
Medical Reimbursement Rs. 1250 Per month.

Rent Paid by him Rs. 14000 P.M.

His LIC is Rs. 54946.

He got Salary in following way:-
for Apr to June from Co. A
and
July to 9. Nov.2012 from Co.-B
and after that he left job.

Now Pls tell the TDS calculation on his Salary from Co. A & Co. B.

Pls reply ASAP.

I am working with a retail brand. The said brand gets its carry bags manufactured from a vendor with our logo printed on it and as per our specifications. We do not supply any material to the said vendor.
The vendor charges Excise on the Invoice.
Are we required to deduct TDS on the payments made to the vendor.