Hello,

We are a service recipient from our client who provide us service as BUSINESS AUXILIARY SERVICE of supplying Labour.
My question is that are suppose to pay Service Tax under Reverse Charge Mechanism i.e., 75% and 25% or we are not at all liable to pay service tax under RCM.

Please guide me with your valuable suggestions at your earliest.

one of our client took a place for rent for business premises.
the furnitures were already built in by the earlier tenant. this company purchase the same for 1 cr. where as the bill available for 70 Lacs only . can u please help me how i need to account the same. and on what amount i need to charge depriciation.

Hii frns, please tell if anyone has missed VG sir's dt class regn for may 13 (face to face batch) is there any option to get registered for the same batch. i mean please teel if any refernce works out??

Sir,
Mine is a proprietorship concern,we have found some discrepancies in TDS returns in 1st and 3rd qtr of fy 2012-13.Some interest is due to be paid,we have decided to pay it now till May'2013 from the date of payment of TDS and file revised returns.Agency whom we have entrusted the job of filing TDS returns say it can not be done now till a default is created by Department, why can't we do it voluntarily ? pl advise exact procedure....for correcting this mistake.

Regards,

ashok thakker

Dear Members,

Whether the unsecured loan (without interest)
granted to a company be converted into the Share Application money, later when the company decides to increase its share capital.

Here the company has to increase its share capital, whether it can convert its unsecured loans into Share Application money with the approval of the lenders.

Thanks & Regards

Dear All,

I need ti understand one thing, we have two organization one is a Private Limited and another one is HUF proprietorship.

In Private Limited firm, my father and my younger brother are the directors. In the HUF proprietorship my father is the Karta and proprietor.

We do a lot of borrowings between the two firm from private Limited to HUF proprietorship and vice versa through banck transfers. Are we doing any violation, do we need to follow interest receivable and payable transactions?

Please clarify my doubt...

Good Morning everyone.
I have a Query Regarding Live tax paid on purchase of vehicle.
What is the Accounting treatment for the same , should it be capitalise or charged to revenue ?

respected sir,
i have competed my mba in finance & mcom in abst now i m pursing in cs final ...........
so i ask u sir its the best cob-nation for me for a good job....... i email id is---jitukothari12@gmail.com

Please advise what is the rate of depreciation as per income tax rules on scaffolding ? Thanks

Can the date of commencement of articleship be before the stamp duty date?