Dear All-

Our vendors has software problem to print few fields prescribed by the VAT laws whie printing VAT Invoice. They are manual feeding the fields. Whether Input tax credit is allowed on such invoices.

Thanks,

Hi,

We are Hyderabad based Pvt Ltd company and we need to pay USD 2000 to our consultant who is outside india. May be we will send it thru Online banking facility. My query is, is there any TDS or withholding Tax to be deducted while making the payment. If so how much to be deducted. If the person may not be having PAN Number, so how much to be deducted ? Secondly, is there any service tax issue in this. Please clarify in details

Sir
One of my Clients deduted Rs 5000 as TDS from Slaries on 31.12.2012 and remitted the same on 09.01.2013. Now a notice was received to remit Rs 150 being two months interest for the delay.Since the assesee in not clear how the delay of only two days will amounts to two months.Kindly give a reply in this regard
RGDS

Dear Sir,
I am prepairing gar 7 to deposit service tax but I find that there is no column of tax period in gar 7 like challans of income tax and sales tax.

Is income from agricultural activities on a diverted land (diverted for industrial use) exempt under Income Tax Act or is it taxable under the head "Income from Other Sources"? Any case laws on the same?

How can we revise already revised return,urgent

I am manufacturer of Exempted as well as Dutiable goods and I have taken central excise registration. I purchased the raw material locally and than manufacture the final product and export the goods. My queries are,

1) Can I claim drawback on my exempted as well as dutiable final product.

2) Is it necessary to use imported raw material in my final product to claim drawback. And if I am not using imported R.Material can I claim excise portion in drawback

3) For my exempted goods. Which option is good 1) drawback or 2) input stage rebate under rule 18.

If a company wants to do business of taking money to make members and organizing quiz for the members and pay them for the correct answers.

Along with this, the company pays the members commission for further making members and continue the membership tree?

Is doing this business valid and if it is what should be the objects mentioned in the MOA?

Please reply.

If contract price is inclusive of taxes,should service tax on reverse charge be also recoverable by the client from the contractor.

Hi there

My client is having service tax registration for Maintenance and repair service. Now it has a work of Testing of Valve and calibration work on pressure gauge valve. So i want to know whether any seperate registration for above service is required or not?