Dear Sir,
we are using service of supplier of manpower.who provide us security guards and billing as follows
1.security supervisior 2 8500 17000
2.security guard 3 7000 21000
total 38000
service charge @ 10% 3800
Service tax @ 3.09 % 1291
Grand total 43091

We are co operative society. sir my query is we have to deduct TDS U/S 194C OR not.? if yes then what is amount of service tax
we have to pay service tax @ 9.27 % i.e. Rs.3875.

A manpower supply service provider is not liable to be registered as his turnover is less than 9 Lakhs PA and provided service to a corporate and has submitted the invoice for an amount of INR 10000 without service tax. In that case the service receiver is liable to pay service tax of INR 927(10000*12.36%*75%) to Government. The questions are :
• On whose account this amount is to be deposited(Service Receiver(SR)/Service Provider(SP)
• If paid on account of SP, is SP suppose to get registered to claim the refund of Service Tax so paid and SR can pay only balance amount (10000-927) to SP
• If paid on account of SR, can SR claim the input credit of INR 927 and pay total INR 10000 to SP

SIR/MADAM,

WHAT IS THE RATE OF DEPARECIATION OF TRADEMARK UNDER COMPANIES ACT.
PLEASE REPLY......

I have come accross the issue relating to applicability of 92A.If 92A apply,
I want to know the type of clause will apply to the following case.

Indian co and two foreign companies have common director (not whole time director in indian co )and nearly 50% of the goods are sold to that companies.

R/Sir

Service Tax is new for me so Please tell me what is the meaning of negative List & Reverse Charge Mechanism in essay language.

Regards
Mahesh

DEAR SIR

WE ARE PVT LTD CO.
1 ARE WE LIABLE TO PAY SERVICE TAX ON MAN POWER PROVIDED FOR MAINTAINANCE OF MACHINES

2 IF YES THAN WHAT IS RATE

3 CAN WE TAKE CENVATE OF DEPOSITING SERVICE TAX ON REPAIR TO MACHINERY

THANKS & REGARDS

Dear Sir

Expenses incurred on occassion of marriage of Director himself such as hotel, loadging boarding arrangement for dealer and distributors of company for attending and staying for marriage function be allowable as business expenditure of company ?

DEAR SIR

WE HAVE 3 SEPRATE UNIT

1 PYN PRECISION COMPONENTS (FARIDABAD)
A DIVN OF NORTHERN TOOLS & GAUGES PVT LTD

2 PYN PRECISION ENGINEERING (PUNE)
A DIVN OF NORTHERN TOOLS & GAUGES PVT LTD

3 PYN PRECISION AEROSPACE (BANGLORE)
A DIVN OF NORTHERN TOOLS & GAUGES PVT LTD

ACCOUNTS IS MAINTAINING SEPRATELY OF 3 UNITS.

PLEASE TELL ME IS THERE REUQIRED OF CENTRALIZED REGISTRATION OF 3 UNITS IF NOT PLEASE TELL ME SPECIFIC RULE & SECTION ALSO

THANKS

Hi Experts,

I have some query regarding interest paid on Commercial loan for purchasing a commercial property:
1.) Whether tax rebate is applicable on this interest paid to bank and if yes is there any particular section under which the interest certificate should be if not in 24b.

I'm currently making a Balance sheet for a period of 18 Months i.e. from the date of its incorporation til 31st March, 2012. Will the normal checklist of SMC apply to check if the company is an SMC or not