Dear Sir,

My query is related to Circular No.108/02/2009 dated 29/01/2009 by ST Department.

I had entered into two agreements with a Builder for sale of undivided share in the land and a constrction agreement for the construction of Apartment and I am paying consideration in monthly instalments.No sale deed has been executed in favour of me.I had already paid 40% of the amount which includes Service Tax.

My specific doubt is:-

Whether I have to continue to pay Ser.Tax as per the second agreement for the value of apartment as the second agreement with the Company is a construction agreement and the Circular didn't mention anything about construction agreement for residential units.

Kindly advise me.

Regards,

JAGADEESH

stepin of article of pcc or final is exemt or not?
if not than in which head it is chargeable to tax?

I am planning to take a Rs 20 L loan from an Indian bank to fund my MBA in Canada and I understand that the Indian laws allow an individual to avail 100% tax deduction for the interest payment for an education loan. Since I will be residing in Canada under student VISA and later as a Migrant Worker, I was wondering how will i avail the aforementioned tax deduction, if at all?

Thanks
SH

My father is not working, I am eldest in family, I have paid tution fee of my younger brother, he is studied in Delhi university. he is fully dependent on me. I have also invested some amount in his life insurance policy.

Please tell me about that i can avail the benifit of said investment.

Rajesh Jaiswal

I am planning to take a Rs 20 L loan from an Indian bank to fund my MBA in Canada and I understand that the Indian laws allow an individual to avail 100% tax deduction for the interest payment for an education loan. Since I will be residing in Canada under student VISA and later as a Migrant Worker, I was wondering how will i avail the aforementioned tax deduction, if at all?

Thanks
SH

Dear Sir,

Can u brief me the section & detail of applicability of Service Tax on Contractors, Rent, and rent on Vehicles and equipments.

Regards
rekha

Ours is small IT compant which is registered under STPI. We may fear that next year our export revenue will fall below 50% of total revenue. What would be the consequence for this. Secondly what kind of measures we can take like incorporating a separate co or creating another unit to get the STPI benefits even though as a whols co, export falls below 50%.

Regards
Sukanta

Dear Sir,

Is a TDS tax payment for the account of a vendor be a benefit to the vendor or would it be simply an advance tax the vendor has to pay? Also, is there any other benefits to the vendor when a TDS tax payment is made for the vendor's account?

One of my clients has taken a rental property for residential purpose in India. The rent is to be deposited in a bank account maintained by the owner of the house in India. The owner is a NRI and does not have a PAN. My client has to deduct TDS. How to go about? The owner argues that, being a NRI not assesseble to tax and no need to deduct TDS on rent. Need expert advice.

The FBT is payable on the bsis of incurrence irrespective of the nature of expense. So in this regard can we say that FBT is also payable in respect of prior perid expenses such as telephone, electricity expenses??