A person is depositing service tax on due basis i.e. as soon as he receives the bill he deposit the service tax thereon irrespective of that he makes payment for the bills one month after receipt of bill i.e. person is required to pay service tax under reverse charge mecahnism.

What is meant by Food Grains or cereals as mentioned for exepmtion on freight for GTA services.

Whether dried vegetables like dry potato chips, tomato paste etc would be covered for exepmtion.

What does the term Food Grains or cereals covers.

Dear Sir,
One of my client's annual receipts from brokerage would be about 6 to 7 lacs, however he has obtain service tax registration. In this regard I have following query -

1. Whether he has been liable to pay service tax even his turn over is below 10 lacs.

Dear Sir,
Whether the 2nd half yearly return for the fy 2012-13 has been released by department or not?

My wife earned dividend from Income (Debt) fund in 2012-13 financial year. Account statement from the fund house shows the dividend amount reinvested but does not show TDS for the same.
When I inquired with the fund house about TDS, their investment advisor told me that dividend distribution tax has already been deducted and paid to IT department and therefore my wife does not have to pay tax on the dividend reinvested.

I thank you for clarifying my following questions:

1) Is the advisor's above mentioned statement correct that my wife does not have to pay any tax on the dividend income.
2) Does my wife have to report the dividend income in her return (as income exempt from tax) and if so in which schedule or section of the ITR2 should she show it.

Regards,

Narayan

If my CPT - June 2013 result is awaited i can register for IPCC may 2014 online????

while filing IT Returns, suppose we mention House property as let out.

We are getting deduction u/s 24 for interest paid on Loan - there is no maximum limit.

however is it compulsory to show the Rent income in the sources of income while working total income.

kindly confirm

Dear All,

Can anyone please provide me Concurrent Audit Format for CDR Audit.

Thanks in Advance

Abhishek Agarwal

Sir
I have made a contract with a company for transport its product to it go down. Now please help me what is the procedure for service tax and I am a proprietor

One of client had applied for PAN Card last year and the ward no has not been correctly mentioned in it. As per his address the Ward No should be different. Since I am suppose to file the return for the first time for this client should I take the correct ward no or one which is shown on Income Tax website at the time of e filing of return as the return of this client has never been filed by anybody and this is his first time?