The assessee is mainly engaged in developing softwares for software developers.They are developing their products in Java which is a free software.For getting an idea about the fields,for knowing how it works,for getting the competitors features, they are buying different softwares,which are testing softwares.They are not used for developing their products.The testing softwares are based on yearly license.
The assessing officer first allowed it as business expenditure.Later based on their audit objection, the case reoponed and the officer is not accepting as business expenditure.
Can we claim it as revenue expenditure or Capital expenditure?

DEAR SIR,

OUR COMPANY IS PARTICIPATING IN EXHIBITION OF MACHINES FOR WHICH WE HAVE HIRE A STALL NOW OUR COMPANY HAS RECEIVED A BILL FOR ELECTRICITY SUPPLY FOR THE STALL WHICH INCLUDES SERVICE TAX + ELECTRICITY CHARGES

MY QUERY IS WHETHER TDS IS APPLICABLE IF YES THAN UNDER WHICH SECTION

PLEASE GUIDE

Regards

Ravi Konda

Hello Experts

I am Confused about following Notification;

Notification No. 34/2004 :says ST will be paid if
(i)the gross amount charged on consignments transported in a goods carriage does not exceed rupees one thousand five hundred; or
(ii)the gross amount charged on an individual consignment transported in a goods carriage does not exceed rupees seven hundred fifty

Please advise me in following case keeping in mind above (ii);
1) Consignment Note No.: 1 for Rs. 235/- dtd 1/4/2008 (Truck No. ABC)
ii)CN : 2 for Rs. 350/- & CN No. 4 for Rs. 500/- both r Dtd 2.4.08 (Truck:ABC for both CN)
ii)CN 3 & 4 for Rs. 355 & 555 dtd 3.4.08 & 4.4.08 but delivered in same truck on 4.4.08(Truck no. ABC)

As per my Belief service tax will be liable as follows;
i)No ST to be paid
ii) Diff. CN hence no ST to be paid
iii) Same as (ii)

Please help me by providing your valued opinion..

Thanks
CA Rohit

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