balasundaram
08 November 2008 at 17:46

Service tax on Errection

Dear Sir,

We are executing works contract following lines

A) all materials supplied by Principal contractor (party), we are doing installation, erection and commission
1) what is the service tax liability
2) can I opt composition scheme
3) if we want to Determine the transfer of property, how can I determine
The transfer of property because we are not maintain the record of purchase by Party

B) all materials supplied by Principal contractor (party), we are doing Fabrication only

1) is applicable service tax or Excise ? if yes, explain the detailed law

C) we have received a sub Contract for Dame Erection and commissioning, in this contract main material supplied by Party and some quantity of material is scope of ours. Exp. As follow:

Total Works contract value : 1,00,000
Our contract value : 25,000 out of 1,00,000

In the value 25,000 included material cost is 10,000

1) In the above view service tax vise under which category?
2) Can I opt composition?

thank you
balu


rajeev kumar sharma
08 November 2008 at 17:31

WHICH COURSE TO CHOOSE - CA/CS/ICWA/MBA

RESPECTED EXPERTS

I AM 33 YRS OLD, MARRIED & B.COM FROM DELHI UNIVERSITY. PRESENTLY I AM WORKING IN A PVT. LTD. CO. AS SR. EXECUTIVE (ACCOUNTS)

I WANT TO PURSUE IN ANY ONE OF ABOVE MENTIONED COURSE FOR FURTHER BOOST IN MY CARRIER. BUT DUE TO JOB I HAVE NOT MORE THAN 3 HRS A DAY FOR STUDIES.

SO I REQUEST YOU TO PLS SUGGEST ME WHICH COURSE IS MOST BENEFICAL TO ME.

THNAKING YOU IN ANTICIPATION.

REGARDS

RAJIV SHARMA


BHAWNA TULI
08 November 2008 at 17:25

ROC Login temporary unavailable

I hope we all are facing a lot of problems to login onto ROC for annual e-filing. What according to you is the solution to this problem?

Also please let me know what does the term "rent" imply in form 23AC. Is it rent paid or received.


Ankit
08 November 2008 at 17:22

Wrong assessment year in challan

Sir, my name is ankit a resident of chandigarh. i have filed my income tax on 30 october 2008 but after filing i have noticed that the assessment year is incorrectly mentioned as 2007-2008, it should have been 2008-2009.please help me on the course of action available. will be grateful for any help u can provide.
Thank you.
ankitsaini@gmail.com


CA RAJENDRA PANDEY
08 November 2008 at 17:06

Help about CA - INDUSTRIAL TRAINING

Hi,
Can any one tell me about the organisations which conducts CA-Industrial Trainig and how can apply & how to know about vacancy. If u have any list of such Industrial Organisations, kindly send the same on my
E-Mail Id-

pandeyrk_2007@yahoo.co.in

Thanks in advance


CA. Santosh Jain
08 November 2008 at 16:39

Filling 32

While filling the Form 32( For new director), under form 32, verification II, there is one line for like "I have been authorised by the Board of directors' resolution number dated (DD/MM/YYYY)
to sign and submit this form.""

Is it mandatory fill up this ? also what is meaning of " Board of directors' resolution number dated (DD/MM/YYYY)


Prasanna Bhat
08 November 2008 at 16:32

Query for PP & Deffered

What is the difference between PP expenses and Deffered revenue expenditure


indira
08 November 2008 at 16:27

Basic Salary

Dear All,

What is the maximum Basic Salary I can fix for my employees as a percentage of Gross Salary. One of my Bosses is paid Rs.100,000 every month. Out of this what should be the break up of Basic, HRA, etc.


CA. AmirSavant
08 November 2008 at 16:08

TDS on reimbursements

Hi,

I would like to know whether TDS is to be deducted on reimbursements. My understanding is that if there are no supportings accompanying the reimbursement claim TDS should be deducted in every case.(194I, 194C and 194J).
However, if supportings exist, then no TDS is to be deducted for reimbursements relating to rent (194I) and fees (194J) since the words mentioned are "income by way of rent" and "fees" but has to be deducted for contract payt (194C) since words are " any sum paid". - Thanks.


TUSHAR

AFTER CONVERSION OF PARTNER SHIP FIRM IN TO PVT LTD CO. THERE ARE SEVEN MEMBERS/ SHARE HOLDERS .

CAN THE NO OF MEMBERS BE BELOW 7 AFTER CONVERSION BY SELLING THE SHARES TO OTHER MEMBERS






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