i have done mine m.com and i am interested to work in income tax department what is the procedure really plz help me.

what is benefit of tax audit for owner ?

Hi,

I have bought a 2 BHK flat in Noida Extension. The builder has mentioned that there is a service tax charge of 12.36% on covered car parking. I am not sure if this is correct. Please let me know if there is any service tax on Covered parking , if YES then what is the %. If you have any link for any such document it will be great help. Thanx

Is it compulsory for a CA to put a round seal containing his name, membership number, city on the audited financials, ie balance sheet and p&l and audit report?

Secondly, what if he has put square stamp on these financials? does the report loose its authenticity?

Many of the Practicing CAs have been found using square stamp to validate the audit report and financials of the company.

If at all there is a mandatory requirement of putting round seal as per ICAIs notification / circular / act. Please share.

We all know that for FY 2012-13 if turnover in the same year exceeds Rs. 1 cr than Tax Audit is applicable. But Applicability of VAT Audit is over 60 lakhs turnover. My query is does VAT Audit applicability attracts Tax Audit??? -please solve my query

Recently I find that one of my Friends is getting TDS deposited every year in his account. But since he is not an assessee to file return, he either did not claim TDS amount nor filed his Return for the past 5 years i.e., from AY 09-10 to till date, The total TDS amount is around Rs100000 for 5 Assessment Years. Is there any possibility to claim TDS amount of the past 5 years now? Plz Reply as soon as possible...... Regards, Arjun Segu

sir,i joined articleship just before 10 days.now i would like to join under new principal.if transfer is possible i would like to get transfer or if cancellation and new registration is possible then i would like to do the same.
are both transfer and cancellation(fresh registration) possible.if yes, suggest me the procedure of each alternative? and suggest me which one is better.

Will you please let me know is there any exemption for Service Tax Liabilities while we provide the Construction or Works Contract service to the Educational Institutions or Universities

Is Nursing Home taxable under Service Tax ? In Notification No. 12/2012, it is clearly stated the health care by a clinical establishment is exempt under service tax where clinical establishment means Hospital, Nursing Home, clinic etc....
Again some experts also comment it's a taxable service under Service tax w.e.f from 01.07.2012 as 'Health care' does not specifically cover health checkup or preventive check-up.
Kindly clear the matter .....

Hello

Can any one describe the definition of Plant & Equipment u/s 194 I (TDS on Rent= 2%)
Rent paid on hiring car is included in this section or not?????
Is it necessary to deduct TDS on rent paid for hiring car????