Anonymous
08 May 2012 at 08:33

Reg st application

Sir,am giving loaders on hire basis to a plant.i unaware of service tax earlier.now got service tax no recently.for me service tax applicable?if so i start pay ST now then can i asked for previous years tax too ?please give detailed reply..

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Avinash
07 May 2012 at 20:42

Taxability of work contract

suppose a builder had registered and transferred ownership of property (incomplete) to third party. Builder have to pay service tax the amount of registration of property.

Than If he entered with him as a contractor for construction and furnishing of his residential building (i.e. to complete the incomplete part of house)

Whether he has liable to pay service tax as a service provider for construction of complex even if not fall under the definition of residential complex.

Please suggests also about the liability of VAT under the CG Vat Act.

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CA Tejas Andharia
07 May 2012 at 19:50

Fema

One person who is originally the citizen of India has now got the citizenship of USA and going to settle there forever.

He has sold his agricultural Land in India, the gain of which is not taxable as the agricultural land in india is not capital asset.

The only question in this case is - Whether that person can repatriate such sales proceeds to outside India? How?

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Anonymous
07 May 2012 at 16:58

As-7 applicablity

Our company engaged in property developement. Right now we have only one residential project. We started the construction 3 years back. Expenses incurred upto last FY 10-11- shown as WIP in balance Sheet.

FY 11-12 we started booking and got advance from some customers. it will take another 2 years to complete the project.

Kindly explain applicabiity of AS-7 in this case.

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Anonymous
07 May 2012 at 10:47

Approval u/s. 293

Does a company needs to take Shareholder approval u/s. 293 for transferring of its shareholding in a wholly owned overseas subsidiary company?

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Anonymous

Hi Friends
I have cleared my CA Exams in November 2011 attempt.I have got my COP two days back.Can i sign tax audit report for the FY 2011-2012.Please help me out.

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Anonymous

if the new dirctir is appointed and the member of the co after 1 month of the incorporation with the net worth of the co 1 lacs rs. & 10000 shares issued,

can co issue shares to new director appointed at a par ?

if yes ? what are the impact on the income tax part calculation?

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rajesh kumar
05 May 2012 at 11:56

Belated service tax reutrn revised

Dear All,

Please let me know that a belated return of service tax can be revised.

Thanks for your responses.

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Rakesh Kothari

Sir,

Recently we had to alter the MOULDS & ITS BOX for casting a new product since its design was different from our previous product.

In the process we had to incurr expenditure on STEEL, LABOUR & CONSUMABLES (viz.WELDING RODS) for ALTERATION / MODIFICATION of the MOULDS & ITS BOX.

Can we claim the the cenvat benefit on the expenses since ALTERATION / MODIFICATION has been done on the MOULDS & ITS BOX for producing the final product.

Kindly refer the section(s) under which the same can be claimed.

Early response in the matter would be highly appreciated.

Thanks & Regards,

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Reenakhowal
04 May 2012 at 18:37

Changes in fiance act 2011

sir can u send me changes made by fiance act 2011 in direct and indirect taxes.

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