Gentlemen
x is a pvt ltd co running a convention centre in india. they prepare food at their kichen and serves at the convetion halls. x charges food at per head rate say Rs 500/- per head. they makes \kvat bills and remit the vat at 0.50% compounded rates. they does not pay services tax.
x never is never cateres outside thier premises so they are not coming under the perview of the definition outside catering.
kindly advise me what is the service tax implication on the above trasnasction?

If we receive a GTA service in relation to export sale, whether it is exempt under GTA Rules of service tax or not.
please clarify.

i want to know exactly that can public provident fund account balance be attached with the income tax department recovery ?
hope 2 c the reply soon

Please tell me exactly which sections to be refered for calculating Income tax for an individual and a company primarily.

Dear Sir,

What is the % of disallowance on office equipement & furniture . I think It is 4% & remaining is allowable for Set off.
is it right?

A contractor has made a payment to sub-contractor without deducting tds on payment. Whether he claimed a expenditure or not.

Sales tax payable is liability so why this include in Sec 43B, if it is a liability then there is no question of allow or disallow

Doubts in VAT returns – we are submitting VAT 200 every next month 15th day, for July 31 we raised 5 invoice but one is approved in time (August before 15th ) reaming invoice are approved after the submission of VAT 200 monthly returns – How can I show that balance invoice in VAT returns? (Should I submit revised VAT returns for July or shall I take that balance 4 invoice in this month VAT Returns August month. (Our sales are completely exempted sales so we are not paying sales tax) Please suggest.

Background:
In 2007-08 X & Co appoints a cost auditor under S 233B of the companies act for audit of cost accounts maintained for FY 2007-08 under S 209 (1) (d) and gets the approval of the Govt.

As per cost audit report rules 2001, X & Co has to produce the cost accounts to the cost auditor within 135 days after the close of the Financial Year and Cost auditor has 45 days to audit and submit the cost audit report to the Govt.

Accordingly the company produces the cost accounts for year 2007-08 and the auditor completes the audit in FY 2008-09 within the prescribed time limits. Bill raised and paid after the completion of the audit report, in FY 2008-2009

The following questions arise for clarification:

1. When should the company credit the account of the auditor and deduct the TDS under S 194J? (FY 2007-08 or FY 2008-09)?

2. What period should be mentioned in the TDS certificate (sec 203 ) and Form No 26 AS (Sec 203 AA...)?

3. When does the audit fee become income of the auditor (whether under mercantile system or Cash basis accounting)? (and when can he successfully claim the TDS in the return ( AY 2008-09 or AY 2009-10)?

Dear Sir,

whether TDS is to be deducted in case of Printing charges ( for 5,000 copies Annual Reports) on bill Amt of Rs.79,248/- ( incl. of VAT 4 %) is applicable?

Pl. resolve the my query asap.


Thanks & Regards,
Chidananda K R