Dear Sir PAN number is AABCT8177B
We want pan base service tax number.
Is there any documentation required , if yes the provide the details ASAP.

If this mnumber generate automatically then please inform where it's get?

Thanks

Regards,
Anand

Sir,
I have a querry about admissibility under section 54F. One of my clint sold the Lond term capital assets (Plot) during the previous year (Aug. 08) at Rs. 29 Lakh.. Two months before transfer of property he purchased another residential plot (June 08) at Rs. 12 Lac.

- Whether the party can claim the deduction U/S 54F ifor the land value Rs. 12 Lac, if the rest amount is deposited under deposit scheme before due date for construction of house.

Whether the deduction is available for construction cost only or the cost of land also in case of future construction within the specified period

Kindly guide me as earliest

Service tax is collected under the Finance Act. Why is not a specific Act like Service tax Act been enacted?

Dear Sir/Madam,

Our company is pvt.ltd. company and we are not given to rent of house and medical allowance our employee.

can we able to deduct HRA and mediclaim?

can we deduct their tax only yearly in feb or can deduct monthly ?

Please help what is the better above mentioned tax monthly / yearly.

Thanks,

Poonam

After receipt of share application money, what is the time limit with in which company has to issue or allot shares.

I have one query, one of my friend has started a company. He is a director in the company but he is also doing job somewhere. They want to start a coaching centre where he along with other director will provide coaching. Can company pay professional fees to them. If yes, do we need to treat it as Managrial Remuneration.Moreover they are not paying salary to any of the director. thanks in advance

We manufacturing Tractors for agriculture purpose as well as supplying the Tractor Parts to our customers from our Spare Parts Division situated in the same premises on one registration no. in Central Excise Department from 1st June-06 under cover the notification No. 14/2008-C.E.(N.T.), dated 1.03.08. Tractor is exempted for the payment of Excise duty and the “Parts, components and assemblies of any automobiles “are liable to pay the duty.

For the fulfillment the purpose of supplying the ‘Spare Parts of Tractor’ to the customers, we procure the material from the supplier’s at our “Spare Parts Division”. Some of them are supplying the material in fully packed condition and pasted our MRP stickers, means they are discharging their duty liability on our MRP claiming the abatement.

We receive the fully packed material form them and take the CENVAT Credit of the duty paid to our supplier (on our MRP) & do some labeling re-labeling on the said material and sell to our customers with charging the same duty on the basis of same MRP declared on the product already after claiming the abatement.

We can understand this here as under-

Suppose our product MRP is 216/-
Supplier paid duty on ASV = 151.20 ( after claiming abatement 70 % of MRP)
His duty liability on the clearance from their premises is Rs. 12.46 (including 3 % Cess),

Now, at our side we Charge the duty of Rs. 12.46 (the very same amt. We have availed) while sell the said mat. to the customers.

Q. No.1 Is it a valid transaction in view of the Central Excise Act.?.
Q.No. 2 Are we doing the right practice or some thing wrong in it ?.
Q.No.3 Is there any revenue loss to the Government or not ?
Q.No.4 Is mere labeling or re-labeling without including the declaration or alteration of MRP amounts to manufacture or not ?.


Pls. Clarify.

I have read the ajor changes are going to be taken place as per Mr.Prakash Somani's file on current rates of TDS.Is it true? If yes then is it going to applicable from 01.10.09.Do we realy have to not to deduct the Tax at source on payment made to any transporter if he gives his PAN? Also don't we have to levy Surcharge & cess on tax deducted? Please clarify my doubts urgently

I brought a flat in goa for Rs. 80,00000 and given for rent.

My Question is can i claim depreciation under income-tax laws

WHAT ABOUT THE FBT PAID FOR THE FIRST QUARTER BY THE COMPANY? WILL IT BE ADJUSTED IN SOMEWAY WITH INCOME TAX OR BE REFUNDED ?