jignesh
17 October 2008 at 21:49

tax imposition

i have crossed limit of rs.10,00,000 this uyear if suppose i dont cross limit of Rs. 8,00,000 in the next year than shall i requried to pay service tax if i have not collected the same and am i liable to collect the same or not


Sushant Panigrahi
17 October 2008 at 20:43

Appliciability of 194 C or 194I

At What Rate TDS Should be deducted for Providng Pick up and drop facility.


Ramegowda H G

Dear Sir/Madam

Is it mandatory for filing Form 23B for the year 2007-08?
If yes, is there any fine or penatly for the same?
If we have not filed is it required to file the same now for purpose of SRN No. or can we file the Annual Return by just putting z999999?

Please confirm

Thanks
Regards
Ram



Sreenivas
17 October 2008 at 17:37

VAT -120(Karnataka)

When is the due date of VAT -120 is it 15th or 20th.
If we failed to filed the return within time limit is there any penalty proceedings.
Can we filed the returns thru online.


akshay
17 October 2008 at 17:30

On Gambling business

Has any one got ny information regarding gambling business in India. is gambling legal? can casinos be open by any company in india. If yes then where? what is the regulation prohibting gambling. as the Public Gambling Act looks real old.


CA Abhishek Jain
17 October 2008 at 17:11

Level of Companies

Can someone guide about level of companies.
I heard that there are III level of co.
Please tell me under which level, which type of co. fall.

Its urgent


Thanks,
Abhishek


shatrughan sinha
17 October 2008 at 17:08

Regarding applicability of Service Tax

Dear Sir

We the company is providing CAD/CAM Activity in relation to engineering services for the automobile sector
with the help of License Software taken
on lease from the Vendor or purchase from
the Vendor.

Now what our client does, they use output
provided by us in the modification of
automobile.

Now my question is that
1. whether the activity being done by us covered under the Scientific & Technical Service head in the Service Tax act,1994 ?
2. Whether the activity being done by us
is can be classified as IT-Software ?
3. Whether the design & Drawing supplied
by us to the customer for utilised in the
manufacture & modification of Automobile can be classified as goods ?

Shatrughan


R SRIDHAR
17 October 2008 at 16:55

TDS on commission

Dear sir,

Whether TDS has to be deducted in the payment of Commission to a Foreign Agent. If yes what is the rate to deduct? Can you please reply imedtly.


Narpat S Gaur
17 October 2008 at 16:51

Liability of Tax deducted at source

Dear Sir

An assessee make payment of Rs 19548 without deducting TDS for the services rendered by a restaurent. Restaurent issued a VAT invoice for fooding expenses to the assessee and saying he is not liablle to deduct the TDS.

The question is What the assessee should deduct the TDS on the payment made to the restaurent? If yes under which section this liability comes for deducting TDS.

Thanks


Rakesh Singh
17 October 2008 at 16:48

Education Loan

I took an education loan for my higher studies on my name and my wife was gaurantor for that. I started the repayment of the loan but within 2-3 months, I moved abroad on work permit.
My wife is working in India and paying the EMI of my education loan. Can she claim the income tax exemption under section 80E for the interest payment??

Or is that not possible because the loan is on my name??






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