What books are required to be maintained for Service Tax??
&
Is E-payment of ST & E-filing of ST return mandatory for all assessees??
Plz help me ASAP??

Hi,

In case of Merger when shares are issued to shareholders of transferor company; do shareholder of transferor company, being company, need to pass resolution for the same.

Please advice.

Suppose an Indian citizen working in indian company went abroad on 1st dec 07 for official work and came back to india on 30th nov 08.

During the stay of outside India he receives living allowance from his company to meet living and housing expendiutres per month.

He manages to save some money out of those allowances received and brings it back to india along with him.

What is taxability of that money in the hands of that resident?
Is it taxable or not? if yes under which section and provision of Income tax Act

If an assesse has not entered into rent agreement but have given residential house property on rent for some amount.How it can be shown to Income Tax officer that rent was acutalof that amount that he recieves?

Dear All,

Please Clarify

A proprietory concern was liable for tax audit for A.Y. 2006-07 and A.Y. 2007-08.

For A.Y. 2008-09, they are not liable for tax audit.Whether he need to deduct TDS for financial year 2008-09. i.e. for A.Y. 2009-10 since in the preceding financial there was no tax audit

We are engaged in manufacturing of goods. We have purchased during the year 2007-08 panesl board for electric installation. Please let me us about rate of depreciation for this itme.

Rate of Depreciation applicable of income tax purpose

1)How is Internal Audit different from Statutory Audit apart from the fact that the scope of internal audit is determined by management whereas statutory audit is done mainly to give his opinion on matters mentioned u/s 227 of companies Act.

2)Also please let me know how auditor’s approach changes in conducting the above two audits.

Kindly answer question wise.

Please keep the query open to enable other experts to express their view.

Thanks.

what is last date of filing IT returns

what is last date of filing IT returns

Is there a difference between a bill and an invoice? If yes, what is the difference?