Ashit Kansara
10 December 2008 at 13:54

Credit On Service Tax

If a GTA gives a property on rent, is it possible to take input credit for input services against service tax collected for output services? Which are the services for which input credit can be set off against service tax collected for output service?


Gurmukh Singh
10 December 2008 at 13:22

Regarding VAT

My question is whether the CST is adjusted agst VAT or not suppose we buy goods on 4% & 12.5% and sell them at CST@2% agst form 'c' Then the sales tax we collect from debtors and the VAT paid on it. Is the both can be adjusted with each other or not

And Secondly the Form 'c' when & where to be submitted and if we want to issue 'c' form then from where i can get the Form "C"


Prem
10 December 2008 at 13:11

Professional Tax in chennai

Hi

What is Professional tax.
How can I deduct from salary.
Tax slab
Location Slab Deduction
---------------------------------
CHENNAI 0 21000 0
CHENNAI 21001 30000 75
CHENNAI 30001 45000 188
CHENNAI 45001 60000 390
CHENNAI 60001 75000 585
CHENNAI 75001 5000000 810

if a emp left in may & his gross salary is (32880) for Six month & (10960) for Apr & May (Two Month) than which slab applicable.

If a emp not working 30 or 31 days than i can deduct P Tax.


Aranya Dey
10 December 2008 at 12:44

Minimum Alternate Tax

Plz. anybody answer:-What is Minimum Alternate Tax(MAT)?


Ishita
10 December 2008 at 12:13

When is CARO compulsory?

Please state the conditions when CARO is compulsory?


ravi verma
10 December 2008 at 12:05

HRA exemption claim

Dear members
if the rent agreement is between the husband and landlord, and rent is paid by cheque by wife on her name to land lord, then in this case wife can avail hra exemption or not from her taxable income as she is working in private sector? if yes, then what are the document she has to submitt to a/c department?


Hitesh Kothari

Dear Sir/Madam,

Can Co pay HRA and simultaneously provide Concessional rent free accommodation(owned or hired by employer) taxable as Perq u/s 17(2)?
In that case can employee claim double deduction of Rent paid to Co in HRA & in 17(2) Perq?
According to my knowledge Co. can not provide 2 at the same time then in that case Co providing rent free accommodation (being not receiving HRA) can employee claim double deduction of Rent paid to Co in calculation of Perq and u/s 80 GG.

Thanks & Regards

Hitesh Kothari


kaushal
10 December 2008 at 10:55

member and AS 21

As per companies act, there sholud be at least 2 and 7 members for private and public co respectively. But why some companies are called as 100% subsidiary, which practically does not happen.


kaushal
10 December 2008 at 10:47

member and AS 21

As per companies act, there sholud be at least 2 and 7 members for private and public co respectively. But why some companies are called as 100% subsidiary, which practically does not happen.


Srinivas
10 December 2008 at 10:39

cash flow statement

will deffered tax liability can show in the cashflow? if yes what are those cases?






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