Dear Sir,

We are Freight Forwarders in Delhi.

We provide transportation services to our clients.

Are we liable to charge service tax on our bills. If Yes please provide us the rate.

Rgds.

Mohan Saxena

An Individual has taken loan from his employer for purchase of house. But the employer is a Proprietorship or Partnership firm. Can deduction for repayment of loan be availed under section 80C.

The major part of the salary income is gone in repayment of the housing loan taken from employer. how can the individual benefit from this...?

Pls help to compute the taxable income

Dear Experts,

our association has newly opened new branch in mumbai. and they are paying expenses from head office bank account future expense will be done by head office bank account only. . my query is that how I do the accounting for branch since we do not have separate bank accounts for branch.
shall i do by activating cost center and cost category in tally.

dear experts, rate of interest/penalty for non payment professional tax in karnatka.

hello friends m new to this forum
i have a jewellery business since 10 years.
this FY 2016-17 year my turover will b crossing 1 crore.

1. do i have to take a TDS number is TDS aplicable i dont have a TDS number
2. is audit required as i have heard that audit limit has been raise to 2 crore.

My father purchased plot for rs 151000 in 2004, registry of which completed in 2011 and stamp duty paid rs 49000. He is still Carrying amount of rs 151000 as advance paid for plot. what should be the correct treatment?

Recently Supreme court has dismissed the SLP filed By Income Tax Dept. against the High Court Judgement in case of Vector Shipping Services Pvt. Ltd. .My query is that whether the Assessee is liable to deduct TDS only on the sums which are payable on the balance sheet date. The sums paid without deducting TDs during the year will be allowed as business expenSe?

Dear Experts,
I had paid Rs. 26000 school fees
for my child as on 26/8/2016 however
This fees was paid in Advance. I mean
Fees for the session 2016-17.
Pls tell me can i claim 80C deduction
of tuition fees Rs. 26000 in AY 2016-17

Thanks in Regards
Anmol Jain

Is employers contribution made to NPS is considered as income? Should I have to add employers contribution to income? Can I deduct it u/s 80ccd(2)? Can you explain with an example? Is there any circular regarding this. Thanks

Dear Sir,
Kindly solve the following issue.
A public company is created in the year 2013. The company has not obtained certificate of commencement till today, nor it start any business. The company wants to continue the same company now.My question is, whether it is possible do continue such after 2 years of incorporation and not getting certificate of commencement. And secondly., what all to be done for such regularization ?