Dear sir
Is Service tax is applicable on the following services if yes then which rate:
1-on receipt of Hire charges on vehicles.
2-On receipt of rent of godown.
3-on payment of consultancy fee to
(a)Individual
(b)Company.

Waiting for ur kind help in this regards.

Thanks
Sachin sharma
Grad. CWA

According to Sec 55(2) Cost of Acquisition is the price which the assessee has paid, or the amount which the assessee has incurred, for acquisition of the Assest. Expenses incurred for completing the title are a part of cost of Acquisition.

My Query is Whether, Brokerage Paid through Cheque, for acquiring the property can be considered as part of Cost of Acquisition or not?

Litigation expenses incurred by the assessee to acquire right over the property is considered as cost of acquisition. Whether Brokerage paid on the Acquisition of the Property is allowed or not?

what is patents

Effective 1/10/09 every individual has to deduct TDS on payments to contractors.
Are charges debited by banks to our account payment for contracts. Normally banks debit to us charges for following:-
1) For not maintaining minimum balance
2) Transaction charges on usage of debit card or credit card for making online purchase of say tickets used for business or purchase of petrol.
3) Courier charges on collection of documents or cheques.

For the courier charges that are hefty on foreign bills, do we have to consider it as a contract between us and the bank or between us and the various courier companies that banks use. The courier companies issues bill in name of bank and banks debit our account per export bill.

Would the banking service be regarded as a single contract at time of opening account or would each transaction be an individual contract?

I am writing my CA Final in November 2010.
I have completed my graduation and i can write CS inter. I would like to know the details of CS course ( Duration, Probable date of writing inter and Final). I would also like to know are there any training requirements in CS Course

I am working in a Manufacturing Company.

We purchase interstate material against C form & pay CST on Purchase, Also we purchase Plant & Machinery & their parts(Capital Goods) & pay CST.

We maximum sale interstate against C form..

Can we take credit of CST on purchase of material or Capital Goods. Is it admissable in CST Payable

An assessee has mentioned wrongly one digit of the PAN number - 8 instead of 3 while remitting the self assessment tax for the past three years.

The payment has been made through State Bank of India and not epayment.

Should communicating the same to the assessing officer with the copies of the self assessment tax receipts suffice

What should be done

Dear Sir,

please clarify the following

1) what is the effective date for removal of surcharge on personal taxation ?
2) whether education cess is applicable on TDS...if not applicable what is the effective date ?
3) pls provide any notification or circular regarding the effective date...

Thanks in advance.

Please provide your suggestion and respective provision for the below query. We remitted TDS twice to the department on 07 Aug 09 by mistake under sec 195, 192B, 194C, 194I, 194J for July 09. Can we adjust the excess paid in the next period?if yes how?. As these are deducted for individual vendors and employees salaries.. How to rectify... Please post your views..

I'm a student of PE-II waiting for the result of June'09 exams.The June attempt was my 5th attempt.That means that if i dont pass this time i'll exhaust all my attempts i.e. 5.
Referring to the latest notification by ICAI are the two more attempts applicable to me also i.e. November'09 and May'10?......i joined PE-II after clearing PE-I.Please Help