I have one query. my friend offer software developments and such computer related services to foreign customers - where again the money is received into her Indian bank account ((in foreign currency - converted to INR by the bank) through a payment gateway.

Whether it is necessary to register under service tax if turnover exceeds r.9 lacs?? is it exempt from service tax levy ?? if her earnings corss the 10-lac boundary? Thanks for your guidance in advance.

Hi Experts,
One of my clients is engaged in business of builders.
Its sales managers travel at different places and stay in hotels. All the tours are for official purposes. Hotels give the bills in the name of the person and the company re-imburse the expenses to the persons. Whether the company can claim service tax input on the bills issued by the hotels



thnx

Dear Sir,

we are constructed a commercial Building and its let out to corporate offices and i was paid total interest of Rs. 3.5 Lkh on loan taken for the purpose of this commercial building construction.

Now my query is
1.) Rent Received on Commercial Building is House property Income or Other Sources?
2.) Total Interest of Rs. 3.5 Lkh is allowable or Only 1.5Lkh is allowable U/s. 24(b)
3.) My loan was sanctioned on the name of Housing Loan

Please Tell
Thanking you

Sir,I have deposited Adv Tax on 12.12.12 for AY-13-14 online thru ICICI Bank. But, by mistake I have deposited the double amount (Rs.55000 in Income Tax Head & Rs.55000 in Other Head).Sir, please guide me how can I correct the same. Amount deposited in Other Head can be refund or adjusted in Income Tax Head??

M/s. x ltd paid Rs.2000 travelling allowance to his employee and treat this amount as travelling conveyance exp is it correct or not. if it is not correct how to treat this exp as payment of salary or otherwise.

dear sir
cpc sent status of itr4 for assessment year
11-12 that cpc said that cpc not in position to processing your return and its
sent to juridictional assessing officer for processing, the assessing officer contact to you for clarification if required, the return submit for refund claim of a commission income of rs 33500 0nly and tds of rs 3350. I do not understand the fact, that why cpc itr4 returned to AO its a small refund cases.

Dear Experts,

One person has provided service of commercial construction with materials on the basis of tender for the amount of Rs.5.2 Lac in the financial year 2006-07 in which threshold limit for ssp notification No. 06/2005 was Rs. 4 Lac. Materials of Rs. 3.2 Lac was used in the said services, we apply Notification no. 12/2003 & also issuing CA certificate evidencing the materials used. It means he provided actually service of Rs. 2 Lac.

Query is whether Service provider is eligible for taking benefit of Notification No.06/2005 not required to pay service tax in the year 2006-07 as his service portion does not exceed Rs. 4 Lac? Or he is required to pay service tax on balance amount or Rs 1.2 Lac ( Gross Amount Received Rs.5.2 Less Threshold limit for SSP)?

Awaiting your reply..

Can i take both the below mentioned deduction from total Income
1) U/s 10(13A) for House Rent Paid &
2) U/s 80C for Housing loan taken for purchase of residential property which in under construction.

Whether a company purchasing material from outside and issuing same to the contractor and getting done their project complete under contract with third party and collecting consideration directly from construction can be registered as "Real Estate Agent"? or it have to registered under "Construction of Residential Complex"

Whether a construction company registered under Service Tax Law under the category of "Real Estate Agent" can collect Service Tax at the rate of 2.575%?