is FBT is applicable under staff welfare on exp of purchase of Tables, Mattress, Pillow etc provided on Staff quarter

and also what effect come if we show this expense in Fixed assets or in revenvu exp.

is there any differenc on FBT in above both situation

Hello sir,
I wanna know whether freight charges included in the sales bill shown seperately and no mvat charged on the f.r Charges
Is vat chargeable on Fr charges disclosed sperately in the bill?
What is the remedy one can adopt?
The disclosure of the Sales Bill is as follows:
Sales Items (Basic)
Add Vat 4%
Gross Amt
Add Freight Charges.
And Also suggest measures to avoid future liablity of Vat Tax Amt.

Thanx in Advance

A software company exports its software,for this they will get exemption under 10A & 10B.They had to file SOFTEX forms to STPI within 21 days after raising the invoice as a liability towards their Export.If they fail to file the required forms within the time and additional time also,whether there is any Denial in the exemptions provided to them?

The Marketing People will go to different states by using their own Car. so under which head we will take that Exps?


FBT Rate on it will Be 5 or 20 percent?


If we will make contract with them about their use of the car & can take it in to 5% FBT?

Dear All,

My company is paying fixed medical and Leave Travel allowance to the employee, which is payable after deduction of TDS. Is there any exemption under medical and leave travel allowance . If yes under which section of the income tax act.
Remember that amount is not reimbursed by employer.

which form is applicable to claim refund of service tax paid on various services used to export goods (like cotton)please provide me form name & from where i get it?

Is it compolsoury to take refund of service tax paid by exporter as per Notification 40-41/2007 or they can adjust the ST against the Excise Dues of the loacl business.(CENVAT CREDIT)

hi

can a service reciver of GTA who is liable to pay service tax can adjust the service tax liability with the serive tax paid by it on REnt, professional services received etc for which it had credit in its books......??

Sir,
I want to know Whatis section 154. How can we file a petition u/s 154?

Thanks

x has gold of Rs.500000. he transfers it to his wife & she sells it for Rs.600000.
the capital gain arising from it would definitely be clubbed with X's income. Now his wife deposited the amount in bank FD & earned interest from it.
My question is would this interest earned be clubbed with X's income?