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Debashis Satyanarayan Tripathy
24 November 2008 at 14:52

Service Tax exempted state

I want to know the list of service tax exempted states viz. jammu & kashmir etc. along with notification details if any.


devan.k
24 November 2008 at 14:35

on vedio photto

We are in real estate business (individual)
we like to know when developed land by by errecting wall laying roads and putting stones how much tax we have to deduct.Also when the party claim labour charges how much deducted.
when we spent on taking video of our developed plots how much we have deduct. kindly advice


Pawan Patil
24 November 2008 at 14:25

Labour Charges paid as per Schedule 5& 7

Dear Sir,


We have received notice from Income Tax Department regarding Assessment

They require labour Charges paid as per Schedule 5 & 7


You immediate reply will be highly Appreciated
With best regards,


Vilas Choudhari


MR. CA
24 November 2008 at 14:14

Non Resident Indian or Not

hi,
One my Friend(Assistant Engineer) Who Employed at Mumbai, He is From Calcutta.
Actually In the year 07-08 he was out of india for 182 days for Company purpose.

His Total Earning From Salary is 235000/-
& This Money He Received In Dollars Than he Converted Them into Rupees.What is Tax Treatment in Hand of Friend.

Regards,
Agrawal


MR. CA
24 November 2008 at 14:02

Exemptions Available in Capital Gains

Hi,
I Want to Know More Discussion About Exemption Available in Capital Gains,
I Read in Book But Fully my Concept Not Cleared.
I Want to Know More Explanation About These Sections.
Please Get me to Understandable Point.


Regards,
Agrawal


MR. CA
24 November 2008 at 13:55

New Assessee

Hi,
(1)I Want to Know That A Assessee Can Files his First Return as NIL as not Exceeding Exemption Limit.
(2) If New Assessee File His First Return of Income & Paid Tax & If in Next Year His Income Does Not Exceed Exemption Limit Than Wheather Any Obligation To Compulsory Filling of Income Tax Return As NIL Tax Return.

Regards,
Agrawal


MR. CA
24 November 2008 at 13:48

Charitable Trust

Hi,
Let me Know What is the Criteria For Charitable Trust (Tax Treatment)in Income Tax Department.
for eg.
If I Want To Open One Trust i.e To Establish One Temple In My Village. That What Is Treatment of Charitable Trust by IT Department.
& Also I Want To Know That Is Any Schemes or Facility Provided By IT Department?



MR. CA
24 November 2008 at 13:38

Consolidated Balance Sheet

Hi,
When I Completed my BCom ,Than In Holding Companies Chapter I prepared Consolidated Balance Sheet. But Now I M Confused That What Is Difference Between
(1)Consolidated Balance Sheet & Balance
Sheet.
(2)Consolidated Profit & Loss Account
Profit & Loss Account.
(3)Consolidated Cashflow Statement & Cash
Flow Sattement.

Actually I Want to Know Meaning of Consolidated. In Friendly & General Language not in Bookish Language.


Pawan Patil
24 November 2008 at 13:29

Revise AS 15

Respected Sir,

I want know Revise Accounting Standard 15 Payment of Gratuity

What is major difference between previous Accounting Standard 15 & Revise Accounting
Standard 15 ?

This was made in previous year 2006-07

Your immediate reply will highly appreaciated


With best regards,


Vilas Choudhari


Guest
24 November 2008 at 13:22

TDS u/s. 194C

Hello Experts

Following is said by circular 715 dtd 8-08-95;

Question 15 : Whether section 194C would apply in respect of supply of printed material as per prescribed specifications ?
Answer : Yes.

Does it mean that if we buy a stationery like invoices challans etc. having company's name printed on it and the same shall attract TDS provisions as said by above que. 15 of the said circular?

Or is there any other circular overiding the above circular?

Thanks
Rohit






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