Dear Sir/ Madam

I just want to know that if we getting a consultancy bill. And he/she is not register under Service Tax even he/she not charging Service Tax on the bill.

Now tell me weather my company is liable to pay Service or not. If yes than what percentage we give me yours valuable suggestion.

Akash Jhingan

The existing Proprietor concern(More Than 10 Years)now converted to firm,how to calculate the goodwill.

what shall i do for becom a rank holder in ipcc examination

salary of a direcor in a comapny is rs 10 lacs p.a.

director do not want to receive salary, as he don't require money now..

now how to present it in financial statements ?
1) unsecured loan from director(but section 269ss of I.T Act, 1961 dont allow book entries)
or
2) Creditors ???

please tell can we pay remuneration of whole year to the director on 31st march(i.e. last day of financial year)?

who is the best teacher for ipcc taxation in west delhi exept ajay jain and m k gupta because both are very costly

Sir,

How can I work out the capitalgain with indexcost.Please give me on exaple. Assume a property purchased on 2009 for Rs. 2.5 lakhs and sold out for Rs. 4lakhs in 2011 How can calculate the net liability.

Thanking you

I AM RAMESH SONKAR, I HAVE PROPRIETORSHIP AND RECEIVING COMMISSION FROM COMPANY THAT IS SELLING HEALTH CARE PRODUCTS.
I WANT TO KNOW IS SERVICE TAX ACT APPLICABLE ON MY PROPRIETORSHIP
IF YES
THAN WHAT PROCEDURES, I HAVE TO FOLLOW
I HAVE RECEIVED 13 LACS COMMISSION AND FILLED MY INCOME TAX RETURN WITHOUT PAYING SERVICE TAX AND I M NOT REGISTERED UNDER SERVICE TAX ACT.
KINDLY SOLVE MY QUERIES

we are a private limited company. we are registered under service Tax as service provider. could anybody tell me the procedure and complete steps to register online under reverse charge mechanism?

I am a partnership firm. I have taken 1 crore loan from bajaj finance and bajaj finance has given me 94 lacs. It has cut 6 lacs as insurance money on the ground that if in case anything happens to the loan taker, the descendants do not have to pay the balance loan. my question is what shall be the treatment of rs. 6 lacs in accounting and taxation part.