Pls tell me on which amount Service tax will be charged in the following situation:-
A company has taken employees on contract.The contractor is charging Service tax in his bill on the following amount:-
Total wages of employees Rs.X
Service Charge @5%on RS X Rs.Y
Service Tax @ 12.36% on (RS.X+Y)
Is it right to charge service tax on (X+Y) or it should be charged on amount of Service charge only(ie RS.Y)

Hi,

Can a Service Tax Provider rendering both taxable and non taxable services take CENVAT Credit only of Service tax (by maintaining seperate records of all such invoices) in full? If so what should be such seperate records? Please reply it is urgent.

Hi,
Does anyone of u knows some good short term courses that v can do with ca.

thank you

Dear Sir/Madam,

Can i sit in c.a examination in may 08
i registered in c.a intermediate in aug.1999 but due to some problems after completion of articleship i can not take
c.a intermediate exams. But now i want to sit in exams in pcc please consult me & if your answer is yes please tell us what is the last attampt for me

Thanking Yoy

plz can anyone tell me short term capital gain on equity shares.for nri's in detail..........

A pvt co. acquire space in warehouse. Pvt co. needs money for this project. Existing Shareholders refuse verbally to acquire shareholding. Co. director search financers for the project. They find appropriate financer. But problem is that financer wants equity share capital (option with buy back ) in the company as a security of his money. Can the co. allots to third party i.e. financer the share of pvt. ltd. co. If yes , then wht type of agreement has to be draft ?

If a pvt. co. goes for allotment of its shares to other than existing member ( find by management after verablly refusal by existing member ) can be void if existing shareholder goes into court against the company

Sir,
CLEARING AGENT MAKE BILL AS UNDER

SERVICE CHARGES 2400/-
ITC FORMALITIES 5000/-No Proof of voucher)
CONTAINER CHG. 6000/-
CUSTOM DUTY 50000/-
RETENTION CHG. 5000/-

WHAT AMOUNT ON TDS DEDUCT AND WHICH SECTION 194C OR 194 H

no Deduct Income TAx TDS on Mutual Fund brocker commission ? but service tax is deducted.what is the reasons

Suppose a company (A Ltd.) which is a service oriented company gives a contract to a contractor (B Ltd.) for interior work of a newly acquired premises. Total contract value is 1.5 crores. The contractor charges 12.5% on 80% of the contract value and service tax on 20% of the value. Company (A Ltd.) deducts TDS on contract under income tax act. Do company (A Ltd.) needs to deduct TDS under section 31 of MVAT, 2005 on payment made to contractor (B Ltd.). If yes, then on what amount it needs to deduct TDS under MVAT.