I Would lIke to have your clarification on the below issue.

We are in teh process of registering our firm with the Service tax department for rendering service under category " Bussiness Support Services ".

May be i would have my registration done by 20.03.2009.

Our First Invocie will be raised on 25.03.2009 towards the service being provided by us.

My Point is that can we avail the cenvat credit of the service tax paid on some of the Input services.......Input services Invocie dated before the date of registration......consider the date of the invoice of the input service will be around 15.02.2009. ( Before the date of registration .

Kindly clarify.

Regards
Karthik

what is accountanting standards

what is treatement of salary and leave encashment payable at the end of the year?
i.e. provisions made by the company for bonus and leave encashment and not paid till the filling of return?

in sec 54f it is written that assessee can construct house after sale of original asset.

my querry is, If construction started before sale of original asset but completed after sale than can that constructed house be eligible for exemption u/s 54f

A pvt Ltd. Co has formed in 2006, In MOA 3 subscribers are there with 25:25;50% shareholding ratio. Practically share certificates are not issued till date,now another 2 persons dont want to isuue share certificate to that third person(who is having 50% shareholding).

Sec 270 shall not apply to a Pvt.Co.

Now Is it possible that issue 100% share certificate to only 2 persons.

Thanks in advance.

Under Transfer pricing is there a provission where payent/remittance of foreign currency to sister concern is to be made within 6 months from the date of booking of Invoice for material supplied.
Please let me know the relevant section under Transfer Pricing if its applicable. If not please let me know the duration for such payments/ remittances.

Thanking you in advance.

With warm Regards,

Adolf Pacheco.

if a person is outside of india for more than 182 days but he is getting salary paid in india, what would be tax implication to him???

Hi
This is Sathiya.I want to know the preferred books for Auditing & Law for PCC.Can anyone suggest me?

if an individual received bonus share from the company then what a/c he should credited in his books.

my client has already two houses and he bought one more house to claim 54f.

is it easy to hide one house in scrutiny.

Can he gift one former house to his elder son in back date by writting a written gift agreement. so that he will be eligible to claim exemption u/s 54f.

If NO, than how can he manage his capital gain.


1. i want to confirm that any clubbing provisions would not be applied to the above case.