Nitin Panthri
26 March 2009 at 17:24

last date of TDS deposition

hi,
Pls tell me the last date of TDS deposition in the month of March.
I m in confusion, whether it is 31st of march or 7th of April......


Uday Kanth

Need information on the applicability and the interpretaion to be taken on teh applicability of service tax on purchase and sale of foreign currency including money changing provided by foreign exchange broker including an dauthorised dealer in foreign exchange or an authorised money changer.

I am refering to Notification No 19/2008- Service tax
Early replies will be of define help


CA. Jyoti Baid
26 March 2009 at 17:23

Renting of Property Services

A house is given on rent and service tax is collected at the rate of 10%.

The landlord has paid property tax on the house and takes exemption on the same while making payment of service tax to the Government.

For Example:
Rent- 10000
Service tax collected -1030

Rent- 10000
(-) Property tax-1000
Service tax actually paid-927

My question is
1. Should the landlord reimburse the excess amount of service tax collected from tennant or
2.Should he make the payment of total service atx collected to the Govt

Regards,
Jyoti


Kunal
26 March 2009 at 17:22

huf source of income

HUF can have commission income?
if no why?


CA. Jyoti Baid
26 March 2009 at 17:22

Renting of Property Services

A house is given on rent and service tax is collected at the rate of 12% or 10% as applicable.

The landlord has paid property tax on the house and takes exemption on the same while making payment of service tax to the Government.

For Example:
Rent- 10000
Service tax collected -1030

Rent- 10000
(-) Property tax-1000
Service tax actually paid-927

My question is
1. Should the landlord reimburse the excess amount of service tax collected from tennant or
2.Should he make the payment of total service atx collected to the Govt

Regards,
Jyoti


CA Rohin Arora
26 March 2009 at 17:16

service tax refund

hi..

there is a company which is registered with stpi and is 100 % eou.i didnt get registered with service tax earlier at the start of my operations.now i felt that i can claim refund for the input services paid by me to the vendors.for this i just applied for service tax registration.but now i came to know that i will not be able to claim refund for some reason whatever.

so if anyone can help me in this:
1. is service tax registration required for the service tax refund since i am exporter of services which are exempt from taxes under export of services rule 2005.
2. what form is required to be submitted for claiming the refund of service tax.
3. what procedure is to be followed to claim the refund.
4. most importantly can i claim refund for the previous quarters or months which have passed.


achyut
26 March 2009 at 17:15

income tax

if a wife having her first name in a savings bank a/c and second name of her hushand for operation e or s ) transfers some funds to Savings bank a/c of her husband (whose a/c has second name of wife for operation e or s) for the purpose of repayment of home loan of their son having loan a/c in some other city but the bank name being the same that of husband's a/c what will be the position of incometax. The purpose of transferring the amount to husband's a/c is that the amount to be transferred to son's home loan a/c is done without any bank charge and within minutes. Wife's a/c is in some other bank which does not transfer the funds without charge and requires 2/3 days for transaction.

An early clarification requested

achyut g.bhalerao


achyut
26 March 2009 at 17:13

income tax

if a wife having her first name in a savings bank a/c and second name of her hushand for operation e or s ) transfers some funds to Savings bank a/c of her husband (whose a/c has second name of wife for operation e or s) for the purpose of pahttps://www.caclubindia.com/user_activate.asp?id=92c23955a47df834da825c850b979ee9yment of home loan of their son having loan a/c in some other city but the bank name being the same that of husband's a/c what will be the position of incometax. The purpose of transferring the amount to husband's a/c is that the amount to be transferred to son's home loan a/c is done without any bank charge and within minutes. Wife's a/c is in some other bank which does not transfer the funds without charge and requires 2/3 days for transaction.

An early clarification requested

achyut g.bhalerao


achyut
26 March 2009 at 17:12

income tax

if a wife having her first name in a savings bank a/c and second name of her hushand for operation e or s ) transfers some funds to Savings bank a/c of her husband (whose a/c has second name of wife for operation e or s) for the purpose of payment of home loan of their son having loan a/c in some other city but the bank name being the same that of husband's a/c what will be the position of incometax. The purpose of transferring the amount to husband's a/c is that the amount to be transferred to son's home loan a/c is done without any bank charge and within minutes. Wife's a/c is in some other bank which does not transfer the funds without charge and requires 2/3 days for transaction.

An early clarification requested

achyut g.bhalerao


reshma
26 March 2009 at 17:04

selection of field

hi all, i am just completed my c.a. now i am looking for a job opportunity. Can anyone help me in selecting job field, which is challenging, fast growing, & of course great paying also.






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