Dear Professional colleagues

Assessee is an event management company. The company hosts events for which it collects registration fees from the individual participants and also collects sponsorship fees from various participants basically corporate and non corporate entities. As a result, these entities can advertise there products and services.

My query is

Is registration fees subject to service tax
If so which chapter
Is sponsorship fees subject to service tax if so which chapter

Thanks and regards

Ranga k S

The institute says that we need to submit a declaraton that we are attending training regularly.
Is there any particular format for it

Has the Income Tax Dept. started accepting the TDS payment in Challan Form 17?

Dear All,

Good Day,

Are any exemption allowed under Income Tax Act regarding Telephone and Conveyance Allowance.

If yes please give the full details.

further we are paying Rs. 800.00 per month as Transport Allowance(Residance to Office) which is fully exempted.

Regards
Saran

As per Rule 2(1)(d), the receiver of sponsorship service is liable to pay service tax on the services received. Are they required to deduct the service tax amount from the amount payable.

For eg, A P Ltd has raised invoice on Shika, the service receiver for Rs. 2,00,000. Service tax is not charged as service provider is not liable to pay service tax.

Shika, instead of paying A P. Ltd (200000 less TDS applicable ), pays them (200000 Less TDS Less Service tax).

Is this correct? The payment of service tax is the liability and burden to be borne by service receiver.

In my view, Shika is not supposed to deduct service tax from the amount payable to A P. Ltd. Please comment whether my contension is correct or wrong

The cost acquiring a Leasehold land is amortised over the period of lease.Hence, Depreciation/amortisation is allowed as per companies act.


But whether the amortised amount (ie depreciation)is allowed as deduction in computation of Income under the Income tax Act? If yes under which sec of income tax

If no, While calculating defferred tax Whether we have to ignore the leasehold land depreciation as per copanies act ?

hello
can somebody give me amy idea regarding what should be the ideal word limit for the answers of Law in Pcc for different marks.

and do we have to explain the cases??

thnak you.

how in BANKS fd interest are calculated.........whthr on the basis of simple or compound interest..pls tellme the exact procedure briefly.........

Cld U SM 1 TL ME HOW SHLD I CALCULATE DATE DIFRENCE ,,,,,,,,,IN MS EXCEL.........PLS DESCRIBE BRIEFLY...........URGNT

we have received 15g from Party then where to deposit it

whether it deposited in IT Departmnet if yes then what is the last date of deposit it