Transporter have not charged Service tax in Bill for exemption and issued consignment note then our liability to pay service tax on this. Can we take Cenvat on Service tax paid for carriage Inwards in same month when we deposit to Bank?

If transporter has not issued consignment note and they have no service tax reg. no.then also will we have to pay service tax for this?

370 1B (v) if one or more directors of the one body corporate while holding, whether by themselves or together with their relatives, the majority of shares in that body corporate also hold, whether by themselves or together with their relatives, the majority of shares in the other body corporate

if the directors holding shares in a co and tht company is a share holder in a body corproate it will b applicable or not?

Pl comment. Its urgent

Dear sir

can we pay the tds by using old form no 281 available on the CBDT site for the assessment year 2009-2010 as the new form is not yet avaible. Pls suggest.

regards

Tarun Jain

sir i wanna ask about provision for exp on 31 mar

We are into a hotel industry. We have to pay charges for advertisement on foreign website. Now since the website is run in country other than India, Will it be termed as Services Used in India based on the fact that payment is to be made by establishment in India ??

If it will be covered under Import of Services under which provision it will be taxable ??

Also, the advertisement period is before 24th Feb 09, which rate of tax will be appliable in this case ??

If we have paid any service tax on behalf of non-resident as Import of Service, Can we take the Input Credit of the same ??
Also, can we adjust such credit against other can be adjusted against payment of other services ??

What entries to be made into books. Please explain with example...

-What are the consequences if I.Tax Department is not ready to accept the Copy of E-filing Acknowledgement after expiry of 15 days of time even after giving in writing the valid reason for delay by the assessee ? Whether the Return will be considered as invalid?
-What happens in the case Department has already accepted E-filing Acknowledgement after 15 days. Still it would be considered as invalid at the time of assessement?

Which form should be used for claiming refund of service tax paid on specified services by the exporter of goods. (Notification no. 41/2007 dtd 06/10/2007).

An assessee (Mr. X) has a residential house property which he sells and books LT capital gain in the process. He immediately invests the sale proceeds in another residential property in compliance with the provisions of section 54. However, the investment is now made in the the joint names of Mrs. and Mr. X OR in the joint names of Mr. X and his son, Mr Y. Would Mr. X be entitled to relief under section 54 in such a scenario?

Hi,
When i was doing statutory audit, i observed that, the share cap & reserves were totally eroded by the brought f/w & currenty year losses in the balance sheet. My queries are;
a) Is the statutory auditor required to qualify the report?
b) Is there any other statutory implications on this balance sheet?

Kindly reply soon....
Ram