Suppose, an entity (service receiver) pays service tax on goods trasport by road by availing 75% abatement. Now, can it avail CENVAT credit of this service tax paid ? Answer by refering the provisions of law. I think it can be availed.

A friend of mine gave a suggestion of creating a minor beneficiary trust ie income of the trust is to be accumulated till age of majority and till such time, the income of the trust will be charged as AOP under the individual rate of taxes. I would like to know whether is this possible

more than 20 waste pickers from
different parts of the city collects wastes materials. They gather at
a common place ,sorts,classifies and redistributes those materials
among themselves . They sells them at different places. Is this
an illegal association ?If yes ,is'nt this an infrinchment of human rights
?

hi,

i would like to know about subprime issue happend in U.S.effecting on all stock markets.

Pls suggest me weather TDS is deductable on service tax amount charged on rent

If a payment voucher exceeding Rs.5000.00 including more than one payments to different parties then is there any requirement of affixing revenue stamp on voucher?

thanx
Ghanshyam

Is it good to join big firms/ or small firms?i know the +'s and _'s of both.keeping in mind the study schedule,will any medium sized firm fit for doing articleship? big firms though add a lot to our C.V.? pls advice.I'm confused!!

amount received on money back policy is taxable or tax free under section 10 (10D)? The person insured is alive.

Whether Insurance taken on car is liable for FBT? The car is purchased by the company on loan. I know that Interest on loan is liable for FBT but want to know whether insurance is also liable irrespective of whether car is purchased on loan or without loan??

Pls let me know about the Composition scheme for works contract.basically i want to know how we derive the actual turnover for hotel industries and other such undertakings whic provide srevice.