Hello, My client is into tailoring of bridal wear like specialized embroidery and all. Annual receipts is 5-7 lacs p.a. Will this be covered under any service tax? Or will be treated as business income? Receipts are 100% in cash.

Thanks for solution. Its in Maharashtra Pune. What is the reference for checking the stamp value ie.( any Link, book, schedule. etc)

Deal All,

I want know minimum eligibility for professional courses like CA, CS, ICWA. Is there any minimum precentage at graduation required? i.e.50%

how to know first name surname of the assessee while registering for e filing of income tax return.I tried so many times i could'nt get it....Is there any other site for checking those details other than income tax sites

An asset's WDV as on 1st April is 20,000.This asset was used 50% for personal use during the year.The depreciation rate is 20%.What I want to know is what will be the WDV of the asset at the end of the year????

What is the rate of IT depreciation for improvement on assets??? And how it has to be calculated???

if bank charge R.100 from a current account towards cost of cheque book which was issued without intimation or prior approval to account holder by the banker .Can bank legally charge the same . Plz suggest with some study cases.

Dear Sir,

We are paying for professional services after deducting tds @ 10.30 %.

Earlier, we had estimated that the total payment during 2008-09 would not exceed Rs. 8.7 Lacs. But now it seems that it might exceed by around 50 thousand by March,08.

The payments were done throughout the year. What should we do now? Will there be any interest implications on our earlier TDS payment ?

Pl reply soon.

Thanks

Subhash Jha

Can I claim tax relief for the amount that I pay as registration fee and stamp duty for registering a house/property that I bought using a housing loan amount?

I have not received possession of flat yet, but I have already paid registration fee and stamp duty in the month July 2008. Please guide. & Also please mention can I show this money for saving tax in financial year 2008-2009.

What is the FINANCIAL CRISES as going nowadays. what is that effect on business as nowadays various companies giving full & final payment to his employees. why these companies doing it.

please explain