CA Ysil Karunai
17 December 2010 at 16:02

Query

Dear sir,
Whether Franchisee Fees and Royalty will be liable for Service tax?

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Anonymous
17 December 2010 at 15:27

cenvat

Dear all,
the logistics company whose main business to handle container, vessel management, terminal handling services and also logistics services on behalf of principal outside india - so the Q that the company maintain container that is to repair charges, washing, cleaning charges and the company paid the service tax on same invoice, is it possible to take the service tax ctredit on the same invoice against terminal handling services(business Auxiliary services)?
please its urgent.....

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Anonymous
17 December 2010 at 15:16

Derivatives Income

In case Proit & Loss is as Under , How to show Turnover and Net profit
A -10,0000
B -20,000
C Loss 15000
D Loss 12000

What i show in return as Gross Receipts/Turnover and in case Turnover 57,000 how the difference will be shown to arrive at Net Profit Rs 3,000??

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VINAYAK

please explain me about any tax liabilty under service tax or karnatak-vat - for purchasing the land and development as plots (but not construction)only layout.

is there any liablity in service tax or vat for that ?

& also in case of joint development made by the owner of land & land developer

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varun jain
17 December 2010 at 13:43

stipend in lodha & co.

hiii friend........!!
can anyone tell me what is the stipend in lodha & co. for a final student??
i will be grateful to you........!!

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Rajesh
17 December 2010 at 12:16

Relief U/s 89 relating to advance salary

Any one please explain how relief u/s 89 available to advace salary. As advance salary relate to future years how we can calculate relief based on future salry slab which not known in the year of receipt of advance salary.

Eg. In FY 2009-10 My salary is Rs. 3 lacs p.a. and I have received advance salary Rs. 5 lacs of 2010-11 how relief is calculated? Because if entire advance salary Rs. 5 lacs taxed in FY 2009-10 tax slab will be higher than if it would have taxed in FY 2010-11. please advise?

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Keyur

We received the assessemnt order for A.Y. 2008-09.However the AO has forgotten to sign all the documents - penalty notice, notice of demand, income computation form and the assessment order. However he has stamped all the above.

Querry:
1) whether it is a invalid assessment order or just an irregularity which can be later cured.
2) The assessment will get time barred on 31-3-2010. If he come to know of this fact after this date, can he do anything about it?
3) The assessment order is against us. Do we need to file an appeal? If we do, will we then be estopped to claim that it is not a valid assessment?

Thanks in advance for your replies.....

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Amruta Shewale

want to know the detailed procedure for the above? I read the procedure. i HAVE QUERIES
1)
after passing the SPECIAL resolution within how much time we need to file a petition to CLB.
2)THEN BY WHAT TIME TO GIVE A ADVT IN REGIONAL AND IN ENGLISH LANGUAGE.
3) WHEN TO FILE FORM 23
4)HOW MUCH TIME IT USUALLY TAKES TO GET THIS DONE, IF ALL THINGS GO RITE.

THERE IS NO ONE TO GUIDE ME. PLS ELABORATE THESE POINTS IN DETAIL. i NEED EXPERT ADVICE.

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Sandeep
16 December 2010 at 15:50

Accounting for Interest on Tax Refunds

Interest on refund adjusted against subsequent AY's demand. The Assessee further wents into appeal. The accounting for interest on refund to be done atthe completion of assessment. HOwever, when is assessment said to be completed when its still in appeal process? When is interest on refund accounted for as outcome of appeal is not known?

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udit sharma

In case of a Private Company which is a subsidiary of a Public Company, a person was appointed in the General Meeting of the Company as a Director of the Company libale to retire by rotation. Now, the Company has ceased to be a subisidiary of a Public Company and has regained the status of an Independent Private Company. So, whether the Director appointed to retire by rotation is liable to retire by rotation at the AGM of the Company?

In case of an appointment of a Director at the GM of the Company, is it neccesary to mention in the resolution that he is appointed as Director of the Company liable to reire by rotation???? If this is not mentioned, is there any violation of any section of the Companies Act, 1956?????

God Bless

Udit Sharma

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