CAN WE DEDUCT TDS CONTRACT-94C & WORKS CONTRACT IN ONE BILL ? IF YES, IN WHICH CRITERIA THIS IS POSSIBLE ?. I REQUIRE YOUR GUIDANCE IN DETAIL.

Dear Sir/Mam,

My Friend is Working as a Consultancy in Private Organisation he get Rs. 250000/- per Annam, what will be Tax Payable my Friend and any return should be filed,Please Clarify it.

Thanks,

Regards,
Venkat

Facts of the Case:
An assesse is providing exempted services as well as taxable services in the healthcare industry.

The proportion of exempted services is substantially high than taxable services.

However, he wants to utilise CENVAT Credit against the payment of service tax for taxable services provided.

There seems no benefit in opting options under Rule 6 wherein proportionate calculation is required.

However, if the assesse maintains separate accounts for exempted aw well as taxable services, CENVAT credit will be utilised.

Query: What are the guiding principles for maintaining separate books of accounts ? How to bifurcate payment of service tax against input services for the taxable and exempted services ?

What if GMCS 1 is not Done within 1 year of articleship registration due non availability of seats.Please Help !!!

HI,
I WANT TO OPEN A SCHOOL IN KASGANJ(U.P.-WEST).BUT I AM LITTLE CONFUSED ABOT IT PROCESS i.e:-
1)WHICH WILL BE BETTER SOCIETY OR TRUST ??? 2)PROCESS FOR LICENSE???
3)SUBSIDY THAT WILL PROVIDED BY THE GOVT?? 4)FROM WHICH CONCERNED AUTHORITIES I HAVE TO TAKE PRIOR APPROVAL???
5)ANY SPECIAL LOAN PROVISION??
6)WHICH WILL BE THE CHEAPER SOURCE OF FINANCE e.g. MSME, GOVT SCHEME ETC..
7)AND OTHER RELATED ISSUES

PLEASE HELP ME OUT.
THANKYOU

Would u plz tell me the notification number to fill data for reverse charge mechanism as i am service recipient for the following services for service tax return quarter ending 30/9/12:
1-Manpower supply or recruiting agency
2-advocate services
3-hire a cab for passangers
4-works contract
5-security services
will i be covered under abatement or exemption notification.

Dear Friends,

In case of Goods in transit at the year end we used to show it in Current Assets and when Goods are physically received, then GIT is Credited and Purchase A/c is Debited. Since we have to issue Form C as per the date of Invoice which pertains to previous year (before any date of F/Year ending), hence, is it possible to book the expense in Current Year but Form C can be issued in Previous year date. How Form C will reconcile with VAT Return. Kindly clarify.

Regards
Saroj Pandey

Dear Sirs/Madams

We recently incorporated a Pvt. Co completing all the formalities of Companies Act.

We have also received the Certificate of Incorporation.

However, when we downloaded MOA from the MCA website, we realised that the name of the company was wrong on the MOA.

The name appears correct on all documents and forms of incorporation except the MOA.

Please suggest how to rectify this mistake.

Prompt reply would be really appreciated.

Thanks

A company has authorised and paid up capital of Rs. 5 Lacs as on 31.03.2012. Company has increased authorised and paid up capital from 5 lacs to 25 lacs in May 2012.
I want to know that it is required to file Form - 66 with Compliance certificate.

One of CS said that it has to be mentioned in Directors Report (Date of Board Meeting to approve accounts - 27.08.2012). So, you have to compulsory file form - 66.

Please reply soon

TDS has deducted on my father income in accounting year 2009-10 . can i file return now in assessment year 2013-14.
he didn't have any taxable income at that time . is department charge any penalty for late return
amount has deducted Rs.5,000 can I expect refund

thanks in advance