Service tax liability on account of GTA services received by the company is to be discharged by the Co. as a service receiver(paying freight also.
If Co. as a service receiver is exempted from paying reverse charge on GTA services vide exemption Notification No.25/2012 ST dated 20.6.2012 w.e.f 1.07.2012 (i.e. 750/- for single consignee and 1500/- for single consignment) and GTA charges service tax in the freight invoice and issues consignment note also, then is Co. liable to pay service tax on such freight amount?

agriculture land purchase in 2010

one another agriculture land
purchase date: 29/03/11 which sold on 21/05/12



is there any exemption available for the assessee u/s 54

In a construction company we purchased a cabin (Container) for rs. 2.5 lac which uses as office at construction site. Which type of assets is this. What rate of depreciation should be applicable for this?

Need direction

Thanks in advance

hello,
I have passed ca intermediate/IPC examination held on 2013 may.I have already completed articleship.

1)Can i appear for the final exam nov 2013?

2)When will i get final registration number from Board of Studies after filing final registration ?

Waiting for your valuable reply.Thanks in advance.

Sir
Our company has service tax registration for GTA and we regularly deposit the service tax in cash in every month and take credit on input service.But one of our supplier charged service tax on 25% of freight in their bill i.e. material value is Rs.100 + Excise+ Cess + VAT/CST = Rs.118/- after that they charged Rs.50/- as freight and charged service tax and cess on 25% of freight amount(the supplier arrange the transporter on our behalf and c/n issues in the name of our company and the supplier pays the amount to the transporter after reimbursing from us and also deposit the s.tax to govt.treasury collected from us). Accordingly we pay the full bill amount including s.tax on freight.
Now my question is are eligible take credit on the basis service tax paid as per supplier's bill? Please mention the section.

My second question is we have paid service tax due for earlier year with interest on 26.07.13 now if we submit the form under Service Tax Voluntary Compliance Encouragement Rules, 2013 then can we claim the interest amount as refund?

According to sec 44AB sales ( Turnover ) means whether included VAT & Excised duty or not?


question ?

Sales = Rs.96 lakhs (Excluding VAT&Excise Duty)

VAT = Rs.4 lakhs

Excise= Rs.2 lakhs

Please tell me weather VAT & Excise Duty including Sales or not for the purpose of Audit of 44AB

One Land was sold in FY 2012-13, & arising capital gain of Rs. 5 lakhs.

One another land is sold in FY 2013-14 but before 30 sept 2013, Giving rise to capital gain of Rs. 5 Lakhs.

So, there is Rs. 10 Lakhs on hand.

So, Please suggest me a way for investing and getting exemption u/s 54f in both the years.

Due Date for filing return is 30 sept 2013 for FY 2012-13.

Thanks & Regards.

Have a nice, I Make some Fixed Deposit in Bank and Loan others, Received Interest Rs.60486/- and Taken loand on FD from Bank Paid Interest Rs.80451/- and Net Inocme of Sale of Agriculture Goods Rs.248050/- as 8% in Rcept. Can File in ITR 4S take only Rs.248050/- or intetest income or loss.

pls suggest me as per AS and Interest Head Income. So file Return in time.

ONE OF MY KNOWN HAS CREDIT OF TDS IN LAST YAER BUT FORGET TO TAKE SUCH CREDIT IN HIS INCOME TAX RETURN WHEN FILED THE RETURN.SO SUCH TDS CREDIT CAN BE CLAIM IN CURRENT YEAR.THIS TDS CREDIT IS BEING SHOWN ONLINE IN 26AS STATEMENT. WHAT HE SHOULD DO ?

We have filled return of an individual under section 44AD after due date.My query is whether interest under section 234B & 234C would be applicable if return is filled after due date as per my knowledge it is not applicable to assess filling return u/s 44AD but whether it is applicable even when return is filled after due date