Dear all

My query is on the following circumtances:

A real estate company is taking credit of VAT input

As the project is under construction so VAT output does not arises.

further more the company has not taken vat registration no as its say that vat liability does not arises as now and it will take regd later.

My query is as the company has not taken vat regd. , can it shows vat input entries in books,
further whether it has to file return or not.

Please i need a expert advice as this is a very serious matter.

Regards
Jitesh Tibrewal

Dear Sir,

i am wrongly paid service tax on export service. We have only one service.

So please suggest me.
1. there is required intimation to depart
2. can i carry forward.
3. can i carry forward for next financial year also.

Hi all,

I just want to ask, can promoter or director of the pvt ltd company is appont in back date if 1 director had alredy resign and 2 nd director accept his resgination.Coz i know rule of pvt ltd comapny have 2 director but in case now only have one director,Please give me solution

A restaurant charges service charge @ 10% on food served and then charges VAT @ 12.5% on the aggregate amount [i.e. Charges for food items + Service charge @ 10% on such food items]

NOTE:-
This service charge @ 10% is charged only if food is consumed at restaurant, i.e. if free home-delivery is opted then no service charge is charged.

[Q1] Is it correct to charge VAT on service charge as well ? Should'nt it be seperately charged by service tax rather than by VAT ?

[Q2] If No, then should he charge composite rate of tax ?

If A Ltd becomes the Holding Company of B ltd then what are the compliance required to be met by Altd(holding co) as per Companies act and ROC?????

Hiii All...

If anyone can explain Sec 150(2) which is exception to Sec 150(1).

Pls help

kindly clarify the abive subject if applicable or not

hi
my objective is to obtain practical knowledge in audit as well as taxtation.

is anybody provide me a list of good firm of ca for articleship as per my objective.

One of our client runs a Vocational Training center(Industrial Training Center)from 1998 after registering the same institute under Society registration Act in one of the district of Orissa.However they did not apply for registration under Section 12A of the Income Tax as yet.Are they eligible to get exemption u/s 11 of the I.T Act on application of the whole income for charitable purpose

One of our client owning an office in a commercial building is going for re-development. Our client would get Rs.20,000/- per month as dishousing compensation - for acquiring temporary alternative accomodation for a period of 33 months. Since our client owns one more office he doesnt need an alternative accomodation. Our question is should this income of Rs.20,000/- p.m. be treated as rent income. If yes. the property is not let out. What we are getting is for acquiring an alternate accomodation. If it is income from HP. Can we claim deduction U/s. 24(a)?

If not, should this be treated as income from other sources as there is no letting out of the property?