A Company received insurance proceeds for fire accident. Whether it is an extraordinary item? If not, How to treat the same in Cash Flow Statement?

If a person let it be 'B' makes a payment to 'C' for consultancy service recieved and gets it reimbursed from 'A'. Is B having TDS oblihgation if yes if it he has not deducted TDs what shall be its consequences

One of our employee left job on 28 Feb, 2013 and he comes under 30 % Tax bracket and we already paid Feb month salary in the Financial Year 2012-13.

Now, his full & final payment for EL, Bonus & LTA comes to Rs. 6,04,690/-.

We deduct 30.9 % Tax on whole amount but that employee telling us TDS should be deducted at minimum rate as he has no income for the F.Y. 2013-14.

Kindly advice us what should I do for the same.

Dear Anyone,

Plz help me.

I have paid all the Service Tax payments upto Feb - 2013. But I have not filed the Returns from June - 2012 to Feb - 2013.

Plz help me.

Sir,
I bought a land for rs 6 lakhs which I had withdrawn from my gpf as permanent withdrawal.I want to know whether I can avail deduction of house building advance in income tax

I have heard about two types of accountant i.e., Chartered accountant and cost accountant. Is there any more types of accountant ? Which course is better to become a accountant as many people advised me different course like B.com, b.com(H), M.com, CMA, MBA in Accounting. I am so confused. Please help me by giving detail knowledge.

Due date for return of service tax for the period of oct 12 to march 13, and when will be the st3 form will be updated on site?
And whether after 1st July return are to be made quarterly or half yearly?

Our company is into trading of IT and Consumer Electronic Goods ie laptops, desktop, printers and get order from all over India to supply the product. Before dispatching the goods ie laptops/printer our company uses a polythene ie thinner to cover the product and if box received from our supplier is in damaged condition then uses cello tape so that the same does not get damaged and product is intact. We do not charge anything extra from the customer to cover the product but just as an extra security measure do this activity and incur Packing Expense for it.

Now, a question arises whether this is taxable service under service tax act under the category Packaging Service?

Dear Experts

Many of clients have only small a mount of turnover i.e below 10 Lacs.

And filing of service tax return is mandatory but my query is that how this small amount of gross receipts to be shown in st3 . And whather any exemption notification no. to be shown in st3. Pl clarity...thanks

can any one send me a sample project report of a small gas agency