In the case of a consulting company which has purchased research services on behalf of its customer-The invoice from the research firm to the consulting company is INR One Lac plus service tax @10.3% = 10,300 - total- 1,10,300.00. The consulting company does not intend to add any value to this and will add no markup or margin. What should they
invoice the customer? Do they have to pay service tax again on total amount of 1,10,300?

Hi,

If an employee leaves job after March and due to some personal differences with employer, not able to get Form 16 regarding his TDS deposit details, how he can file his ITR or what he can do?

Hi,

A company provides cab facility to its employee for their pick up from home to office and drop from office to home. Simultaneously, it also pays Rs 800 p.m as conveyance allowance as salary component to its enmployee. Now, what will be the tax implications?
a) Will any of these exp attract FBT liability on part of Company?
b) Will any of these beneifits be taxable in hands of employee or both expenses will be exempt for both employee & employer?

"If husband and wife have substaintial interest in the concern and the both are in receipt of remuneration from such concern, remuneration will be included in the total income of spouse whose total income is greater excluding such remuneration"
I want to know that "such remuneration" means the excessive remueration which the spouse is getting over and above the qualification or total remuneration???
Please answer it as soon as possible.
E mail me at vinit@sheetalgroup.in

i m a final C.A student, n just completed my graduation this year..wat should i take up for further studies? i mean to say C.S or Law? wanted to know about the scope of studies mentioned above with my C.A course....

I am a law graduate. I did my CS foundation when studying law.
I chose Commerce as my subject for IAS exam. Since the syllabus was similar, I sat for CS Executive Programme and cleared both groups.
Now I want to apply for CS Professional Programme. Can somebody please answer these questions?

- Is training compulsory for me to give CS
professional course exam? I am not keen
because my primary focus is IAS exam.
- Can I avoid training by opting for
Licentiate CS?

Are there any other points that I should watch out for -additional training, computer course. etc?

Thanks in advance for helping me out

Can a company disburse LTA amount on monthly basis ( with salary - as a component of salary)?

Dear CA Club Friends

There is a changes in Professional Tax slabs effected from the financial year 2009-10.(with effect from 01.04.2009) as below:

1. Upto 9999/- - No Tax
2. 10,000/- to 14,999/- - 150/-
3. 15,000/- and above - 200/-


I need the notification regarding this,If some body knows it please mail the link to me in my mail ID primecfo@hotmail.com .

Thank and regards

Deepika Tyagi

one of my client purchases made around 35 lakhs. Payment made in cheque around 18 lakhs balance amount he paid in cash in every month spilting cash payment less then 20,000/- amount. U/S 40A(3) Attract or not. there is no cash payment towards expenses. All purchases billing maount b/w range 50,000 to 1,50,000/-

a person under the name of his proprietory business doing the business of printing, laminating and directly despatching to patients of renounced hospital of their medical records on behalf of that hospital.he is in dilema as to whether to charge vat or service tax in his invoice. most likely he is interested in charging vat as it is of lower %, is there is any provision in service tax act to avoid charging service tax for this type of business??????