Dear Sir,
In most of cases, where I had filed return for the AY 2012-13 before due date and period of 6 months is about to pass. However Cpc did not process the returns nor issued any refund yet. Whenever I ask on helpline the told me that return is in process.
Why is cpc taking so much time to issue the refunds.
Please advise me.

Dear All,

Can a CA sing Audited or Unaudited financila statements of his relative?

Also give meaning of relative.

reply

Dear Members,
A Pvt Ltd Co. wants to carry on business mentioned in the other objects of the object clause of its memorandum.

Please suggest me the steps as to how it can do so. Whether any resolution will suffice or any E-filing is required.?

Is salary payable to partner by partnership firm liable for tds deduction or not?
Is it allocation of profit, so not lible for tds deduction.
If yes then in which section under sec. 192 or other section.

A company gets electric installation work done. The vendor (individual/partnership) issues only labour bill. Is company liable to pay service tax on labour charges under reverse charge? Will the service falls under works contract or manpower supply or any other category?

As per my understanding since the vendor is charging only for labour, the service will not fall under works contract, since works contract implies supply of material + labour.

Similarily above work is not a contract for supply of manpower but a contract for work, so manpower supply shall also not apply.

Apart from above two cases is company still liable to pay service tax under reverse charge mechanism under any other category?

Dear Sir/Madam,
i,m IPCC student. my query is what type of changes comes through may2012 to till who appear in may2013

thanx in advance..

Hello people I Have following question-

I Have purchased a commercial premises for which i have paid service Tax to builder and also agreement disclose the service tax amount so paid to him.

I have leased the premises to a corporate office against which i am collecting the service tax - Can i able set off service tax paid to builder against service tax collected form renting of immovable property.

Please help me out........................

Can we take cenvat credit on m.s sheets.these sheets were converted in to storage tanks and the same storage tanks was used for making of final product.

Dear Sir,
During FY 2009-10 i provided "renting of immoveble Property" service & according i charged S.Tax & paid the same to Govt. Afterwards i had not rented my property so i used to file NIL return.
However in current FY i have given my one of property on rent but the rent amount during the whole year (FY 2012-13) will be rs.5 lacs
1) MY Que. Should i charge S tax on Bill,( I does not provides any other taxable services). My view is that as gorss amount of taxable value during the year will be less than Rs. 10 Lacs so it is not required.
Pls provide your expert Opinion

what is concept of Private Equity ?