how to show paid up and subscribed capital of company into balance sheet

Hi,

Please let me know in 2016 service-tax rules, we can take input tax credit for service tax paid as reverse charge mechanism. we had paid service-tax in may16 for the services taken during the month of april'2016, can I take input tax credit out of service-tax output payable for may16 or deduct only RCM output tax payable for this month may16.

What is exact rule please explain.

hi i am a CA student and has cleared ipcc group 1 and group 2 but audit and ITSM were cleared in 2nd attempt. i wanted to know whether i can apply in the top 20 CA firms for articleship because i couldn't clear 2 subjects in first attempt. plzzz help Regards Priyam Gupta

dear sir is it possible to file a return of A.Y. 2014-15 now in any way?

As per the new Definition of Income clause inserted w.e.f. 1.4.16
2 (24) (xviii) assistance in the form of a subsidy or grant or cash incentive or duty drawback or waiver or concession or reimbursement (by whatever name called) by the Central Government or a State Government or any authority or body or agency in cash or kind to the assessee other than the subsidy or grant or reimbursement which is taken into account for determination of the actual cost of the asset in accordance with the provisions of Explanation 10 to clause (1) of section 43;

So whether LPG subsidy received from Gov. directly to the bank account is taxable?

Hello everyone I need your help I have 3 branch in same area..We Transfer goods to Head office to all the branches ..in the end of the day all branch cash comes to head office...what's the entry for for that...and my boss want sperate balance sheet for all the branches ...should I create 3 different company or in one company I can work...I am using Tally erp9 software thanks

Please advise whether CARO 2015 is applicable to a Pvt. Ltd Co.with paid up capital of Rs.1 lac, reserve and surpus of Rs.55 Las and turnover of Rs.1.50 Crore.
I shall be thankful.

HELLO SIR,

If a person wins lottery of one crore fifty lakhs, he gets 70% amount of winning i.e. one crore five lakhs, his tds would be 45 lakhs, while filing his return for a.y. 16-17 will he also have to pay surcharge on his total tax liability, as his net taxable income would be more than 1 crore?

pls answer my query,

Regards G. S. Shah

My client is a RWA having income from both members and non-members. One of the member being a company deducts TDS on payment of Maintenance charges to RWA claiming that else their expense will be disallowed.
My query is since the maintenance charges received by RWA is exempt due to concept of Mutuality, how to apply for TDS exemption certificate from Income Tax Department to give to the company so that it stops deducting TDS.

Thanks in Advance.

whether service provision transactions between Indian company in which foreigner having 75% ownership & Foreign company in which 50% ownership, are liable to service tax??

It is a related transaction but whether it is a export of service or get excluded due to mere establishment??