Is CAS 4 valuation apply on stock transfer even goods are removed on market price?
if no kindly provide relevant material on the same.

Respected Experts,

Can i claim service tax input credit on services which are used for
1) administrative purpose
2) Office Purpose

Please tell me the relevant section or notification based on which i can claim or not claim the service tax input credit, bcuz i have to quote the statutory points to my superiors while telling my opinion to them.

Thanks & Regards,
Rajesh.

Respected Readers,

If a company receives a service which comes under abatement services, Can that company claim service tax input credit on that services?
Example, A Ltd company employes XYZ Road Carriers & Co to transport its Finished Goods from Chennai to Delhi. The Transport charges are Rs.1,00,000.

1) What is the amount that A Ltd. has to pay as service tax for this amount?

2) Can A Ltd claim input credit on the service tax paid for the above said road carriers?. (My friend says that A Ltd cannot claim input credit)

Please tell me with the relevant section or notification etc.

With regards,
Rajesh.

Private Courses provided by foreign institutions are taxable in service tax act or not ?

The company has procured the cows and entered into milk producing & selling directly to milk producing co op.society.The company is also process the milk so produced like pasturing of milk and packing the same into various types of packing e.g.500 gm, 1 litre etc.Whether the activity of milk producing and selling is covered within the defination of Agricultral income. Whether the pasturing and packing into different types of weights covers under the words subsquent operations and treats as Agricultral income.

Hai experts,

One of my friend she is in entrepreneurship, She had a service tax registration on her Pan number. Is their any possible to transfer the service tax number to the company name.

Asap.

Thanks in advance.

We are three sisters and have a land which was gifted by our father in the year 1960 . And now we have formed a partnership firm to developed a building construction for commercial purpose. Now Questions are :

1) Is it needed to make valuation of the said land ?

2 ) If answer of 1 is yes, then what method should apply to make proper valuation of said land and it should be acceptable to I.T Authority??

3) and it is needed to pay capital gain tax when we are transferring the land to our farm as share of capital ??

Dear Distingwished Experts,

Please enlight my knowledge about the followings:

1. Our coperate House has financed a car from Kotak Mahindra Bank (Kotak Mahindra Prime Ltd).

We want to know, wheather the interst portion paid in each installment; is liable to TDS under Income Tax Act? If yeas @ what rate? If no then under which provisons , this TDS liability is exempted?

Do help me out.

Thanks & Regards
Siddharth

if one financial institute finance company on 20 oct 2012 the what is the last date to file
form no 8 Sir I think as per calculation 19 Dec 2012 is last to file with penalty
ie 20 th oct 2012 + 60 days
please reply

how to calculate book profits