can we avail the credit of service tax charged by banks on bank charges against excise liabilities?

Hello everyone,

there are many clients of mine whose refunds are adjusted against the arrears of demands.

many clients have changed their place of residence so they could not receive the notice for arrears of demands.

Some returns upto ay 2011-12 were filed manually/physically and thereafter electronically.

when i tried to resend intimation under section 143(1) by login into income tax website then message is displayed that "No intimation exists for the said year"

MY question :
since i want to file rectification under section 154 i want intimation u/s. 143(1)for all the years ? How should i get the intimation ?

What is mean by monetry income and non-monetry income... If it possible means please explain with example.

in case of late nil return penalty of Rs.20,000/- is mendatory or not ? or it can be waived through showing reasonable cause of this late filing problem.pls convey me as soon as possible.

As per Point of Taxation rules, Rule 7 states that the tax liability of service recipient under reverse charge will arise on payment basis.
Query 1 : Service covered under partial reverse charge is provided in the month of june i.e on or before 01.07.2012 and the payment for the same services is made in the month of august by the service recipient.Whether service recipient is liable to pay service tax under reverse charge?

Hi,
Can anyone please let me know is there any minimum capital requirement in case of Power/Energy Company. If So please tell the section or rules relating to it.

Thanks n Regards

hi,

What are the taxation rules applicable for a bakery..

Please explain me the concept of renting of motor vehicle under reverse charge with example.

HI everyone,,

I want to know that which course will be more beneficial for me??? i am aware about CA syllabus and the time it will take after graduation..IF i am not wrong, to avail the NEW DIRECT ENTRY SCHEME for graduates i need 9 months of practical training to appear IPCC exam...
Coming to ICWA, I don't have any idea of this course.
I request the experts to help me.
MY keen interest is in financial accounting. I don't like TAXATION much..
IT will really help me if anyone can give me a brief idea for CWA course and please let me know that which is more TOUGH & Time consuming??? CA OR CWA. :)

Dear Sir,

Whether VAT audit in Karnataka is applicable on a STPI unit? Said unit is only into the business of exporting services. Transaction in goods is only scrap sales. Further, their total turnover(including export of sales) crosses Rs 100 lakhs, with export of sales it very less- negligible. Plz advice.