At which rate service tax will be charged
the rate prevailant at,
the time of receipt or
the time of invoice or
the time of service being rendered????...

I just wanted to know from taxation point of view, is setting up a company or Partnership Firm or LLP better.where we can take maximum tax advantage

sir
i m a PCM student but seeing the pitiable condition of engineers i have opted for CPT . is my decision correct .

my co. is a service provider and execute turnkey contract an liable to pay ST. our client wants bill under CS scheme by applying 4 % ST so that his cash outflow is less. we want to raise bill charging full 10 % tax so that input tax credit can be taken. my query is :

can we raise bill by charging 4 % ST as asked by our client and make assessment with ful tax liabilty on taxable value and take input credit . this is beneficial for us. for rest 6% of tax one credit note and one debit note can be issued.
can we do this?? any legal problem doing this?? any other way we can do this??

Can v use whitner in 109 form?????

Sir,

Can a Employee get rebate u/s 80C on repayment of housing loan and Interest on housing loan from his/ her employer ? Please also confirm that if the housing loan is on joint names ie. husband & wife. But only wife is paying installment of housing loan. Can employer give 100 % rebate on repayment of housing loan (on Payment basis) & 50% on Interest.

Regards

suppose I enter to into futures contract can I enter into buy & sell futures contracts? on expiry of futures contract how is P/l genereated ie how rates are determined?wht is open interest & open position?wht is square off?

one client has came with me who is running mangal karalaya, he has not provided the depriciation on fixed assets since 5 years but now he wants to provide what you would suggest

Sir, I want to take Transfer.
What would my last date of t/s
27/03/2009 or after 27th in case
109 form

what is the difference between air freight expenses & air freight charges?