our company has received a works contract from a govt. organisation and value of service part is not defined. so as per rules 60% value will be liable to CST & 40% value will be liable to service tax.
My question is how to deal excise duty in case of works contract as the goods involved are excisable?
and we get input credit on material we supply in the scope of works contract?

Hello members,
I have enquired about learning about investment banking for making career in the field of investment banking .Is School of investment banking reliable ?anyone has any idea or has attended its 7 week programme and whether there are any chances of campus as displayed on its sight?
If not how to pursue career in this field.
Please guide me if anyone has any idea.

Thanks

Whether Profit on sale of Capital Asset (Land) included in Book Profit U/S 115JB?

Dear Sir,

I have received a notice from the Service Tax department having the subject line " Recovery of Service Tax dues which has been self-assessed but not paid"

This notice is for F.Y 2012-13 for Oct-Mar period. They have demanded Rs. 127438/- as short payment. When I saw my previous records, I came to know that I was having a liability of Rs. 63719/- which is exactly the same of demanded amount Rs. 127438/- when we double the figure of Rs. 63719/-.

What should I reply. I have all the challans for Rs. 63719/- (Actual liability) pertaining to the above period for which demand is raised.


Regards,
Divyesh Jain

If i receive car by way of gift is it taxable

Sir, as per cutom in india a sannyasi receives money from the devotees/disciples as offerings. As per income tax act of india, are these offerings deemed to income and to be taxed, or to be treated as gift ?

Where will format for certificate of service which is to be uploaded before applying online application form for MAY 2017 CA Final examination form be available ?

Whether powers under section 179(3) can be delegated to a committee comprising of one executive director and one employee of the committee? The delegation shall be done through a resolution passed at the Board meeting.

Sir/Madam,
How to find DIN number of a person using PAN number, if there is any way please make me a way

Dear Sir,

My son is studying in Class-1 and school is charging Rs. 31500/- towards Annual School Fees as per Below Calculation

Tuition Fees 11500
Annual Charge 8500
Term Fees 11500

Total = Rs.31,500

Apart from this I am paying Bus Fees, School Books Fees and Smart Class Fees as well,

Kindly let me know does I Can Get Tax Benefits on Total Amount of Rs.31500,

With Thanks
Viral Dattani