One of our service provider was unregistered upto Dec08 being turnover below 10 lacs. In Jan09 he crossed the expemption limit, so got a ST Registration. Now he is charging us for service tax from the date of registration.

He is also requesting us to pay the service tax amount before the period of his service tax registration stating that he is liable to pay service tax on first 10 lacs also.

My query is:
Is he correctly quoted ?
Can we reimbure him service tax, if yes, what is the procedure, means what document we need to have from him ?
Can we take cenvat credit on such reimbursement (specially before the date of his registration)?

Please advice referring the rules and notifications in this regard.

a company has brought forward losses Rs. 675156/- ( dept loss Rs. 128970/- and business loss rs. 546186/-)as on assesment year 2008-09. further during the assessment year 1009-2010, the said company has earned Rs. 1235667/- profit before writing off the above losses. All the losses are set off during the assessment year 2009-10. How the above figures would be reflected in computing DTA/L. There are no further adjustment except above.

According to the New Form 17
Deducter is required to Submit the PAN No of the deductee while depositing the amount to Governemnt, which will generate seperate UTN for each PAN.

As per the provision of TDS, If the TDS is deducted and PAN no is not provided by the Deductee.

What should be the procedure to deposit the amount to government through Form 17 for the amount having no PAN nos.

Kindly provide solution as soon as possible
Regards

Can a Manager of a public COmpany be appointed as the Whole Time Director of a Private Company ?
Plz clarify

Daer Experts,

Kindly give me some suggestions for the issue mentioned below:

A private limited company is making losses from inception. Suppose in the first year income tax depreciation is Rs Rs 1,00,000/- and Companies Act Depreciation is Rs 80,0000/-. Should we create DTL of Rs 6,798/- (20000*33.99%) or DTA of Rs (6,798)/- (Negative).

we made bill of service charges and send to party .full payment made by party is bill tds not deduct amount is 50000/-(with service tax) it is ok or not>?

Dear sir ,

please tell me rate of persantage PF, ESI, PT.


Regards
Ramu

Dear All
We deduct tds from party in m/o may'09. Can We deposit it in hard copy not online?(by Challan-281). Aand wat's process of online Payment ? Our copy not have any online facility.


Mahendra

Dear Sir,

we r trying fill the ITR-4 for Ay-2009-10,but its not uploding showing error null.

please help me solve the error.

Hi all

Should the company deduct tds on payment of sodexho coupons under Sec 194C