If there is a change of trustees in a charitable trust, whether we have to inform the same to the income tax dept.? If yes, under which section or rule, it is prescribed? or there is any form which is specified? Pl let me know.

There is any provision for deduction of TDS over service tax amount as the service tax amount is included in bill amount.

The latest Circular No. 4/2008 was issued by CBDT was focused only for Rent (194 I) only.

What will be the regulation for payment under Contractor/Technical fees, TDS deducted on cummulative of service tax.

Kindly mention the ref also.

thanks
Rajesh

Hello

Please resolve this Query
If a person return his salary to Company in which he is working as per the agreement and joined another company in the month of April 07. THe salary refunded by him belongs to Feb & March 0f 07. My Query is can he show salry returned to company as per agreement as deduction from current year salry i.e for the year 2007-08

Hi please tell me that whether we can take credit of counter veiling duty for using it for payment of service tax on AMC??

How is Minority interest is calculated in subsequent years if we had already applied AS 21 in earlier years

I mean can i apply this logic

Share cap of minority INT in Sub Co. xx
ADD:--Appropriation of Profit
in previous year xxx
ADD:--Share on profit
from Curent yr. xxx
in SUB Co. xx
Amount to be transferred to B/S xx

Dear experts,
Will the Labour laws like Payment of Bonus Act, ESIC, Bombay shop & Establishment Act and Labour Contract Act be applicable to A Trust Resistered under Bombay Public Trust Act,Society Registration Act, 1860 And also registered under Section 12A of Income Tax Act?
Also for compliance purpose the Trust should follow which Trust Act or Society Registration Act?

Facts ::
If an Assessee owing to misinterpretation of an Exemption Notification under Fin. Act, 1994, billed in Sept. 2007 only to the extent of Rs. 100000/- without Service Tax component.
Total collection in Sept.07 out of the aforesaid bill is to the tune of Rs. 50000/-
The ST-3 in relation to the Taxable Services have already been filed for HYE Sept. 2007 showing Exempted services billed Rs. 100000/-.

Thereafter, while verifying the Half Year ended March 2008, an Auditor becomes aware about the Non-eiligibility of Exmpn. Notn. & thus the, Non-levy as well as Non-payt. of ST for HYE Sept. 2007.

Query :
what should be the Date of Invoice for billing the Customer for the ST component of Rs. 12360/-
Whether ST-3 for HYE Sept. 2007 can be revised ?
What will be the consequences of the Non-levy as well as Non-payt. of ST for HYE Sept. 2007.
What would be the manner of Disclosure in ST-3 for Both HYE.

Thanks & Regards,

Whether proposed dividend once declared be withdrawn ? Is it also possible for interim dividend ?

proposed dividend is declared after preparation of final account and after year end . Then why and how is that accounted in current year ?
Please specify AS with it .

Service tax charged by Subcontractor in Bill .

In this case should we pay serice tax on behalf of subcontractor and issue him certificate stating that service tax paid by us on behlaf of him.

Please solve the query.

Please let me know what is the rate of interest & if i submit in this month i.e. June '08, upto what date i have to pay interest? Will that interest be born by employee or employer for late deduction? Also what would be the treatment of that interest in books of employer & employee?

Please clarify me the consequence of not deducting TDS on salaries?