Hi,
I am going to appear june pcc 2009 exam.please let me know whether ASS or SA is applicable for audit paper.

Need ASAP answers.

Thanks & Regards,
Dibya Ranjan Dash.

whetherservice tax paid with the rent on building can be claim as excise input credit..?

can any 1 tell me that (capital)profit sharing of HUF to its member including minor members are allowed

and

what are the effects in books of account at the time of profit sharing

MY CLIENT IS DOING A JEWELLERY MANUFACTURING BUSINESS, HE MAKES JEWELLERY ON BARTER BASIS ARE THE JEWELLERY MANUFACTURING LABOUR COVERED IN SERVICE TAX ? SHOULD MY CLIENT RAISE THE LABOUR BILL WITH SERVICE TAX ?

Can any one help me to slove salary problem when my Total income for the year by receiving salary amount i.e. 158,208/- its applicable that to required fill Form 24Q also if yes plz help me how to fill it. urgent reply plz.........

Hi

My sister has just started a recruitment consulting firm as a proprietor. She has already registered with service tax deptt.
In the last financial year, she managed to earn Rs 2 lacs on which she had even collected the service tax as per the rules. But now she got to know she does not need to pay service tax if the total income doesn't exceed Rs 10 lacs. Is it true?

What should she do with the service tax already collected? Also, she got to know that service tax payment can be adjusted with the service tax paid by self for various other services in the financial year.

For e.g - is it true that if she has collected Rs X as STax and paid Rs Y as STax (for phone bills etc) then her liability is only Rs X-Y.

Pls clarify. If she has to pay that amount then where should she go.

Awaiting an expert's reply.

Thanks

Hi

Could you please tell me the

Interest on balance in the provident fund account credited in excess of "8.5% is salary" or "9.5% is salary" ?

for the purpose of computing income under the head salaries

ONE OF MY CLIENT HAS RECEIVED TAX DEDUCTION STATEMENT FOR THE F.Y.2008-09 FROM NSDL.

WHERE HE FINDS THAT T.D.S.IS CREDITED TO HIS ACOOUNT WITH RS.330000/- SHOWING RENTAL INCOME IS ABOUT 30,00,000/-.

NOW MY QUESTION IS MY CLIENT HAS NEVER RENTED HIS PROPERTY TO ANYBOADY IN F.Y.2008-09 AND HIS ACCOUNT IS WRONGLY SHOWING TDS OF 330000/- .

WHAT TO DO IN THIS SITUATION?

one of my client i have been appointed as auditor where 2007-2008 is also pending ,and turnover exceeds Rs.40 lacs and statutory audit is not done , tax audit is not done,Roc returns , Income tax returns are not filled, the penalty under income tax Rs. 100000 can it be saved any ways. please suggest me on these issue

If a party raises commission bill without raising service tax on it, whether the company making payment is liable to deduct service tax and pay to the authority.