a) P/V ration
b) Break – Even point (in units and rupees)
c) Margin of safety (in units and rupees)
d) Variable cost per unit Rs. 15.00
e) Fixed cost per unit Rs. 9.00
f) Sales in units 10000

The selling price is fixed to yield 25% profit on cost.

Whether FBT is payable by an entity having no employee? for example, will law firms having retainer-relationsship arrangements and no employees be liable to pay FBT?

service tax credit will be set off against service tax debit only , if yes let me few examples.

we are paying service tax on freight , the same can we claim in er1 return , some of transporters not collecting service tax in that instance we need to pay tax our self.

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

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

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

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

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

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