I am a tax consultant, I file Income tax returns for salaried employees and professionals. I would like to know if I could file returns online for my clients, if yes how can I do it.

Kindly let me know the procedure, as I would like to register for(Income tax practitioner) with the Income tax department.

Dear All,

I wish to know whether Service Tax is chargeable on " Machinery Hire Charges". If yes, under which definition.

Specific Types of Machines are,
D G Sets, Tractors, Construction Equipments


Thanks in advance.

CA Anand U Patankar

gentleman
y is a partnership firm and exporter of packaged rice and rice powders.
they want to start a promotion shceme for distributers at abroad. the promotion schem operates in this way

1 packet of A is packed with 2 packets of B to make a single product to sell @ of 2packets of B

product A is puchased seperatly with out paying tax .

what is the accounting treatment of cost of A
whether the transaction liable to Fringe benifit tax ?
is the firm able to purchase product A with out paying tax for export.

Gentlemen
x is a pvt ltd co running a convention centre in india. they prepare food at their kichen and serves at the convetion halls. x charges food at per head rate say Rs 500/- per head. they makes \kvat bills and remit the vat at 0.50% compounded rates. they does not pay services tax.
x never is never cateres outside thier premises so they are not coming under the perview of the definition outside catering.
kindly advise me what is the service tax implication on the above trasnasction?

I am running a propriotary firm involved in engineering activities. Thinking that I will cross 10 lac exemption limit, I have charged service tax to client so far. Now itseems that I will not cross the 10 lac limit. My question is

1. Do I have to deposit the service tax component to the govt in future?

2. Can I claim refund of the service tax deposited at the end of financial year if I prove that I have not crossed the 10 lac limit

3. This is my first year of operation. Do I have to pay service tax for entire amount? In forum I have read cotrasting opinion about this. Can enybody give refrence to the service tax rules regarding this matter

Regards,
Yogesh

Hello,

I would like to know what is the legal validity of the bond on professional working in MNCs'.
For example, Mr. A is working in a MNCs' and has singed a bond not to leave the organization for one year from the date of joining ( and he is IT professional), can MNC file a suit on Mr. A if he leaves his job before completing that period. Again if some amount is mentioned in bond and Mr. A didn't pay that amount while breaching bond, can MNC force him to pay that amount. Please advice.

I want to know thathow to upload the ROC forms? can somebody help me

An employee is paid HRA 15165/- P.M . His house is on co. lease for which co. pays rent of Rs. 13200/-as per aggrement. P.M. which is recovered from employee. due to accomation provided by co. , employee can't claim HRA? can he take both benifit, HRA & accomodation provided by co.? if we not take the benifit of HRA then TDS amount IS higher. what is the treatment for TAX planning.

Pls reply on urgent basis.

Hi all,
A 81 year old partnership firm has already 20 partners.
Now a partner has 3 sons.
1)Can such partner form a firm among himself and his sons.Can such firm be a parnter in the 81 year old firm.
2)If one son is working in such firm on behalf of his father can such son be given partner salary on behalf of the father & sons firm.
3)If the 81 year old firm pays interest on capital to Father & sons firm.Is it necessary to deduct TDS on such interest.
kindly help me
regards
sivadhansu
advocate

Dear Sir,
Please clarify that whether the undermentioned transaction is covered under Accounting Standard-18 (Related party Disclosure)

We are "ABC Ltd" an indian co. formed under companies act 1956. We have formed a wholly owned subsidiary "ABC FZE" in Free Zone Entity Dubai.

"ABC FZE" purchase the 49 % shares of "XYZ LLC" a dubai based co & another 51 % shared is held by others.

"ABC Ltd." holding co. of "ABC FZE" sell the goods to "XYZ LLC".

Whether it will be related party transaction for ABC Ltd or not.