madhur gupta
15 January 2013 at 19:51

Service tax liability on freight

Dear Experts
Please solve this case
An Individual is a contractor, he pays freight to transporter for transportation of material from one site to another i.e.consignor and consignee are same person.
Transporter do not charge any service tax in his bill so whether assessee has to pay service tax on this freight
I feel that since assesee is individual(not mentioned in specific categories) further consignor and consignee are same person and none of these falls in specific category list so no service tax liability arises
Please guide me in this regard
and please provide any citation etc on this, if any
Thanks


nisha rajani
15 January 2013 at 19:43

Ca final costing

Does anyone has Prof. Dani Khandelwal 's contact no. W
who teaches costing. Anyone who knows how can I contact him please reply back.



Anonymous
15 January 2013 at 19:22

Part time practice

Dear Experts, I am doing my job as a CA in a Company. and also practice as tax consultant to a various individuals for filing their income tax returns. Now can i file income tax return showing the income from profession as CA? And if i wish to practice part time only in my name. then what is the procedure??


CA Apoorva Gaurav
15 January 2013 at 18:14

Agricultural income

When does the indirect method of Taxation on agricultural income gets attracted

i am bit confused

as somewhere i am finding it to be if the agricultural income exceeds Rs 5000

and at few places only if agricultral income exceeds the basic exemption limit as of the slab rate....

also couldnt find any refrence to any rule or circular if any????



Anonymous
15 January 2013 at 18:11

Vat & cst

Our company has purchased offset papers from a paper mill and sold those papers as it is to another party.

It means that we have just been intermediary in the sale working for the margin.

I want to know that how this transaction should be presented in the Sales tax return.The information is as follows :

Paper mill : Delhi
Our Office : Delhi
Third Party : Outside Delhi

Kindly quote all the implications of the above transaction.


SATABDI SEN GUPTA
15 January 2013 at 17:43

Merger

In case of merger, if the transferor company is an unlisted company and transferee is listed, then does the transferee company need to give 42 days notice to Stock Exchange for fixing record date?



Anonymous
15 January 2013 at 17:38

St on manpower recruitment

Whether reverse charge is applicable to person who is providing Manpower recruitment agency? Is this is same as supply of Manpower services as mentioned in reverse charge w.e.f.1/7/2012?


Disha
15 January 2013 at 17:38

House property

Say a house property was bought with the aid of a Home Loan. The House Property is co - owned by a husband and wife.
The EMI of the loan is paid only from the husband's account.
Is it necessary that the EMI should go half half from the account of both the people to get the deduction of interest and principal.



Anonymous

NRI wants to remit $ 100 abroad.so he obtained 15CA and 15CB certificates from a Chartered Accountant which are issued on 01/01/2013 for $ 100 :-

i have 2 questions :-

1) Within how many days NRI can remit funds for which he has obtained above certificates. is there any period specified under any guidelines which specifies the period before which he should remit funds failing of which certificates stand invalid.

2) can i remit funds in installment for eg : i have got a certificate for $ 100 then can i remit $ 10 in first month, $ 20 in second month and balance $ 70 in third month ? or do i have to remit the entire amount specified on a certificate i.e.
$ 100 at one time only ?

PLSS HELP..!!!!



rohit
15 January 2013 at 17:12

House property -loan taken

I HAVE TAKEN LOAN FROM CO-OPERATIVE BANK FOR CONSTRUCTING A ROOM IN PLACE OF CAR GARAGE IN JAN 2013 & CONSTRUCTION OF ROOM WILL BE COMPLETED IN MARCH 2013
WHEN DEDUCTIONS WILL BE CLAIMED?
1} IF REPAYMENT STARTS IN MARCH 2013
2} IF REPAYMENT STARTS FROM APRIL 2013






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