One of my Client is a Private Limited Company engaged in construction of Flats and Sell them. The Company takes abatement and pays service tax @30% of 15% (i.e) 4.5%. including the value of land.
Whether the company can take CENVAT credit on input services like architect services, Service tax paid on painting contracts, service tax paid on electrical contracts etc.
Keeping in mind the definition of Input service under CENVAT credit rules which states specified services.
Whether the company can take CENVAT credit on the services tax paid on the input service?
Kindly Clarify.
Hi, I work as consultant; my TDS is flat 10%(section 194), but i also fall in physically disabled category, i have all necessary certificate to avail return under section 80u.
but i want my employer to not to deduct my TDS ( as i am exempted) rather than i file a return to claim
Is it possible that way or is there any certificate provided by IT dept for NIL tax deduction which i can submit to my employer ?
Hi, I work as consultant; my TDS is flat 10%(section 194), but i also fall in physically disabled category, i have all necessary certificate to avail return under section 80u.
but i want my employer to not to deduct my TDS ( as i am exempted) rather than i file a return to claim
Is it possible that way or is there any certificate provided by IT dept for NIL tax deduction which i can submit to my employer ?
sir one of my client is a nri. he would like to purchase a house property . now he need to pay advance . what are the major factors we are follow under income tax please advice me
i explain. i sale 30000 of goods. and send the bill to party. After 30 days i received the amount of 28000 that mean 2000 is discount. remember - i am not discount in sale voucher bcz bill already send to party that amount is 30000. than how to entry in accounting software. thanks in advance :)
I am Qualified CA and currently working in CA Sharebased Firm since last 3 years. I want to know about Actuary. I am currently 29 and recently married. Should it be fine to start with Actuary and give its Entrance exams. Will Actuary help in increasing my opportunities even if I am clearing 1-2 exams of it ?
i explain. i sale to customer (A) 30000 than customer aend me payment 30000 than broker charge me 3% of receipt that amount of Rs.900. so how to entry. payment or journal? bcz brokerage is indirect expenses. and i also want to know what is the head of broker master. in accounting software. thanks in advance :)
Hello everyone,
I wanna know can an non govt. employee get exemption of leave encashment while resigning his job after serving 4 years and 5 months in an organization. If yes then how can I calculate his average salary for last10 months as he left on first week of September,2016. Please send the details of the calculation.
Thanks in advance.
Hello, I want to ask a question... as one of my friend is engaged in the business of Providing Security Service in mines, he has not filled the return for the A.Y 2012-13 & 2014-15 and T.D.S has been deducted for such A.Y amounts to Rs. 60,000/-. As he wants to refund that T.D.S amount now. What is the process to recover that T.D.S amount. As I know filling of return is time barred for such two A.Y. kindly give suggestions regarding the matter.
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Cenvat credit on input services - construction service