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Anonymous

when Penalty charges Rs20000 for non submission of service tax return and mention the service tax notification no


sreejith c t
01 July 2014 at 16:13

Minor taxability

A minor girl (say 16 yrs) if she do have a child and that gets a remuneration for appearing in a film, do the amount chargeable to tax and if yes how ?


Prashant
01 July 2014 at 15:51

Tax query

Hello,
I am selling my apartment which was registered on April 2010. the net profit after paying the homeloan is 26 lacs. Also I am reinvesting the total profit amount in purchasing another property. Can anyone please let me know if I will be taxed for the said capital gain. Also the tax exemption I got past years for home loan interest... will that be taxed?
Experts please reply..

Thankyou.
Prashant.


rakesh tiwari
01 July 2014 at 15:51

Reverse charge mechanism

Hello CCI Members,

My query is that if service provider ie. Insurance com., who has a 100% liability of paying service tax under RCM; pays the service tax amount regularly by mistake to the service receiver ie. Ins. Agent then what course of action should be suggested to the Service Receiver?
TDS is deducted @10% by Ins. Comp.


Roshni
01 July 2014 at 15:48

Cob

What are the forms to be filled for getting Certificate of Commencement



Anonymous
01 July 2014 at 15:41

Loans and advances

can holding co give interest free loan to its
subsidiaries or associates or JV????


Himal
01 July 2014 at 15:28

Provident fund & esi

Respected Expert,


Can a company deny its liability as principle employer for contribution of PF & ESI by mentioning in contract entered into with the Contractor that company shall not be liable for any taxes, contribution etc.?


Please be kind enough to resolve my query.

Thanking you in advance


Sandip
01 July 2014 at 15:28

Salary income

salary received outside india is taxable or not under which section


Meet

Dear Sir,

In case of Chartered Accountants firm, the firm follows Cash system of accounting as it is allowed by the law. Hence normally with respect to the tax audits, the firm raises the bills in October (which is within the Service tax Rules ie 14 days from the completion of service).
However, the organizations whose audit is done, they book the bill in March itself and deduct TDS as per provisions of Sec 194J of Income Tax Act.
My query is in which year shall the CA firm take credit of such TDS deducted? Is it to be taken in the year in which bill is raised or as per 26AS which will show TDS credit in respect of bills which are not even raised by the firm yet?
Kindly explain.

Thanks.


Ashwini
01 July 2014 at 15:22

Preliminary expenses

what is preliminary expenses and how we posted in aseets side?






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