Sir,

Pls guide me how should i calculate depriciation on fixed assets as per income rax and as per company act and what amt should i transfer to profit and loss account i.e depriciation as per income tax or as per company act.

pls send me the depriciation chart as per income tax and as per company act.

Is group health insurance and group personal accident insurance premiums paid for staff is liable for FBT?

In our Pvt. Ltd. company we have taken service tax registraton mentioning two services
1. Renting of immovable properties
2. Maintenance or repair service
Our company is a real estate company and our main business is construc building and sale the same.
One construction contractor charged service tax on labour charges of our new project and bill to our company.
Now we wish to get credit of service tax on contracotrs bill against service tax payable by us on rent and maintencance bill service tax.
But our CA refused that you cant't adjust because you are not having regn. under head contracotr/construction business in Service tax regn. certificate and this contracotrs services are not input for rent and maintenance services rendered by us.
Is our CA is correct.
Please advise if correct please guide how we can get credit of this amount because this amount is very high.

please explain me about the types of accounts to be maintain in case of service tax and service tax inword credit
and how entries to be passed in this accounts,please solve this query

An assessee was using a property on rent from a builder of Rs. 100 p.m. The builder paid Rs. 750000/- to assessee as compensation to vacate the property..
Will it be taxable and under which head...

Dear All,

Please let me know , whether TDS is to be deducted on Gross amount of bill or excluding service tax?

Dear Members...

I want to know the benefit of create a Pvt.ltd.co. against properitorship or partnership business.

An assessee was using a property on rent from a builder for Rs. 100 p.m. The builder has now paid Rs. 750000/- to assessee as compensation to vacate the property..
Will it be taxable and under which head...

Sir,

pls tell how should i calculate service tax amount to be deposited.

Suppose I my output service tax is Rs. 5000/- and input service tax is Rs. 1000
then should I deposit rs. 4000 or there is other way of calculation.

hello everyone
My query is regarding clubbing provisions under wealth tax act.
my question is:-
Suppose a husband transfers gold to his wife without adequate consideration and his wife pledges gold and purchases motor car from such loan.It is clear that gold will be clubbed with the assets of husband and motor car will be included in the assets of wife.But what about deduction of this loan?
As per my understanding i think this loan will also be considered as debt for husband but it cannot be deducted from his wealth as debt is taken for purchasing motor car which is not included in the net wealth of husband.(as per wordings of section 2(m) that debts to be deducted for debts incurred in relation to the assets included in net weath).
please suggest me treatment of the debt in this case)