Hi! cud anyone please tell me whats the maximum amount(ceiling) of gratuity payable to an employee? Is there a ceiling of 3.5 lacs?

if "X" provide trucks on rent or hire on monthly rental basis, i want to know on this rent VAT would be applicable or not but ownership of truck will remain with "X".


i read definitation of "sale" in which it has been mention that SALE include " transfer of right to use goods for any purpose" & in "GOODS" definitation moveable property is include.

Hi all,

Kindly resolve the following query:

Suppose, during the financial year 2008-09 upto Feb'09 a company (service provider deals with both exempted and taxable service) has paid service tax equivalent to the amount of tax collected from the client time to time and not availed any Cenvat credit at any point of time. Now, for the month of March'09 the company has calculated the Cenvat Credit amount by reducing the expenditure and wants to avail the same i.e. service tax is to be paid (by 31.03.09) for the month of March'09 after adjusting accumulated input credit (April'08 to March'09) . As such, balance credit if any will accordingly be carry forwarded to the next financial year 2009-10. The compnay wants to exercise-
a)Cenvat Credit Amendment Rules [Rule 6(3A)]as applicable from 01.04.2008
b) second option of rule as stated above i.e. not to pay 8% on exempted service and to follow reversal of credit.

Now, my questions are:

1. Can the Compnay utilise the accumulated credit after giving intimation to the Superintendent of Service Tax?

2. Is there any possibility that the accumulated Cenvat credit will be lapsed because of non availment upto Feb'09 ?

In view of the above situation, please guide me how and upto which period the company can utilise its accumulated Cenvat credit on input services.

Thanks in advance.

from where should i do costing and FM theory bcoz i saw bhide classes Pariddhi's notes so it would be enough or i should do theory from module.

i saw some ICAI papers and there i saw that there r some questions which i didnt get from jk classes IT text book, so would be it enough or i should buy complilation or do it from elsewere. bcoz i saw module its difficult to do it from there even those that r not there in JK classes notes.
OR rather i should not focus on such questions and focus on otehr things properly

.

hi.i m pcc student.i have exam in june-09. i m very confused about case study in strategic management which is of 20 marks.can any one say how can i get enough case stusies for practice?? my mail id is bhumi_hariyani@rediffmail.com

Dear Friends,

Please provide your valuable opinion on the following issue:

1. A labour contranctor supplies labour for construction work.(residential complex)

2. Whether service tax applies ?

3. If applies, whether the service is to be classified under residential complex services or manpower recruiting services?

Dear Friends,

Please provide your valuable opinion on the following issue:

1. A labour contranctor supplies labour for construction work.(residential complex)

2. Whether service tax applies ?

3. If applies, whether the service is to be classified under residential complex services or manpower recruiting services?

What is the rate of tax levied on gains made by selling shares

1. For shares held less than an year

2. For shares which are held for more than one year after purchase

3. Is it clubbed with the Income from the primary source of earning? or taxed separately?