whether e filing is compulsory in AY 2008-2009, in case of tax audit of individual assesse?

Hi Experts....

Whether RECEIVER of the service is liable to pay service tax on the service received from outside india?

We have receved service of erection of machine from the party of the korea, so whether we are liablve to pay service tax on that.

Also advise on Whether TDS is to be made and if yes u/s. which section and at What rate?

Please advise on above....

Thanks
Rohit

I am in job and also doing trading in shares. My yearly purchases is around Rs.50 lacs ( around 80 transactions) and sales is also Rs. 52 lacs having equall no. of transactions. Am I liable for Tax Audit u/s44AB or the whole thing will go into capital gain?
Please light me on the issue.

when we present income tax returns , do we need to show sales at gross or net ( excluding vat, excise, services tax) in the profit and loss a.c. if we show gross for both sales and purchases, what abt vat libaility which otherwise would have come as payable under current liabilites in balance sheet.?
can anyone throw light as to what is the right way to present accounts both income tax purposes and roc filing

i have a private limited co in mumbai which sells ready mix concrete to diff industries.now there is a client( pvt ltd co) which buys concrete from me , they also avail pumping services when they take concrete mix from us .
they are saying that if we make consolidated bill for both sale of concrete and pumping charges, we will deducted tds on gross amount. is it right?
what if i can make a seperate bill for pumping charges? but can they deduct tds in that case? if so how much? and rate.
i am also not subject to service tax since below limit of 10 lacs.
is there a limit where only over the limit , tds can be deducted for such services.

What is the value of a call option on maturity? When the call option owner is said to be at break-even? Can the value of call option be negative?

How would you analyze the financial position of company from the point of
View of (a) an investor, (b) a creditor, and (c) a financial executive of the
Company?

IS RAILWAY FREIGHT PAID IS EXEMPTED FROM TDS paid to concor

Actually the Section 60 of Gujarat VAT Act requires Tax invoice to be raised for sale to VAT dealers. For Inter State sale we need to raise a separate series of invoice. For unregistered dealers we need to raise retail invoice. Unfortunately the section 60 of the Gujarat VAT prescribes heavy penalty for non compliance.
I personally feel these provisions do not any way plug the loop hole of any revenue loss to the department.

I want to know that what can be intenstion of the department behind imposing huge penalty ?

Dear Madam or Sir,

Pls help and give me your precious opinion about sample items purchased on non FOC basis, pls tell me whether I can take it as a Purchase in the trading account or not. And
on these items shall I claim VAT Input or not

Kindly oblige and do the needful.

Thanking You.

Yours faithfully,
Ranganath.