CA Palak Shah
19 August 2013 at 12:07

Input credit and taxability

My client is a sub-agent of air travel agent. That air travel agent receives commission from airlines and pays service tax on that. Air travel agent passes on some part of commission to sub-agent. i.e. my client and collects service tax from him. My question is whether we can claim input credit on that? Whether we have to pay service tax on commission received by us?


abbili nagaraju
19 August 2013 at 12:05

Regarding non resident income in india.

Dear Experts,

One my client he is Non Resident he filed return in US & He declares indian income also
in that return, now My question is whether he need to file return in india also? if Yes which income he need to show in return in india income or foreign income also, which he declared in US? Please give reply ASAP.


CA Radhika Pai

Dear All,
I have a query regarding as to what is the penalty interest if repayment to MSME creditors is not made within the stipulated time period ? I have read the MSME Act, which says that penalty interest is thrice the interest rate as decided by the RBI at that time. I have searched on RBI site, but I am not getting the same. Might be that I am searching in a wrong way. So, I request to get an answer from experts that what is the penalty interest rate for late repayment of loan to MSME creditors ?

Thanks in advance


Hetvi
19 August 2013 at 12:01

Applicability of tax audit

respected sir,
my clients is sub broker and he received commission of 14 lakh so is he liable to tax audit in AY 2013-14?
and is he liable to audit in any other law?


Prakash Misar
19 August 2013 at 11:56

Trust

Is it mandatory to file ITR 7 online even if trust is not under audit?
Is it compulsory to file ITR 7 online, or can i file it through manual return?



Anonymous
19 August 2013 at 11:54

My final exams

Dear Sir,
Iam going to write my final exams in NOV 2014, before that i didn't clear my IPCC gr-II and going to write gr-II coming NOV,2013. Iam sure I will beat the Gr-II, but for final When I have to register for Final and I am eligible for final attempt in NOv,2014.


sujeet kori
19 August 2013 at 11:54

Service tax return

I want to do Service Tax Return,i had prepare a sheet of Calculation of service tax in excel as per bills,but i want to know how make computation of service tax

please send me any format of service tax return computation as soon as possible

thank you


Ruchi
19 August 2013 at 11:51

Final form

urgent

while filling the exam form what is eligibilty certificcate details??

what does it mean?

pls help..
thanks in advance


sunil heda
19 August 2013 at 11:49

Allowalibility of exp.

payment of sales tax demand rs 100000 for the AY 2011-2012 paid in AY 2013-2014 & Assessment also completed in AY 2013-2014


In Incomet tax sales tax demand Rs 100000 Allow or not in AY 2013-2014

With Reason



Anonymous

While calculating income from house property, how do we know fair rent value of the house or which amount we will consider for the fair rent value.

Please guide me.






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