Hi Expert,
My client has given his palace on 99 years lease to a Hotel Co.alongwith other valuable antique items in lumpsum amounting to Rs.48,00,000/- PA and also same was in last year too. Please let me know wheather my client requires to take service tax No. and has to deposit service tax and please let me know the procedure I had to follow.

Hi Everyone,
I am planning to take up mutual fund as a career. So will CA qualification be sufficient in order to be an expert in MF field or should i do other course like NCFM,CFA in MF.

In SCH VI, can sales be grossed up and shown. My sales component includes service tax, VAT and Works Contract tax. If only net sales is to be disclosed, is there any reference to substantiate our interpretation

iam having ca final attempt in may 2009 after nov 2009 new syllabus will come into force if we doesnt clear with in these two attempts we have to compulsory change to the new syllubus or there is a chance of incresing the attempts ?

i wnat details of following case law
please tell me form where i should get it

287itr360 mahivally resort vs Guj Hc court

Is it beneficial to join CS with CA.
Will it be fruitful for career in future.

I have Passed one of my groups of Pe2 and i am expecting to pass another in coming novembe attempt.
I want to know, can i stil get entry in some big ca firms,.
I am ready to face any interview
Do such big firms take only the high scorers

Iwill be grateful if you could kindly help me with the following query:

1 Can an excess deposit of TDS by the deductor, of the TDS, on rent paid,be claimed as a refund from the Income Tax department.?
If possible, could I have the relevant section/ Circular

2 Can the payee (tenant) use two seperate financial years tds certificates for one years return, to show that the excess amount deposited in one (earlier) year,as shown in the TDS Certificate, of the earlier year,and not claimed by the tenant in his return of the earlier year as credit, has been adjusted against the short amount deposited in the subsequent year, and credit for which is being claimed by the tenant in the subsequent year.

3 What would be the position when TDS Certificates are not being enclosed with the Income Tax Return.

I will be grateful for your guidance at the earliest

Thanking you,

Vimal K Mehta
E.Mail: soneeru@vsnl.net

one of my client is doing edible oils business. he will purchase in tonnes and sells in pouches of one litre after refining(filtered or double filtered) whether this filteration process or pouches process will attract manufacture or it is excisable.

Dear Sir,

1. we are engaged in providing various services to our claint relating to computer software devlopment and support services. we are 100% EOU. we have a 100% subsidiary company in USA that provides marketing services in USA.

2. The USA based company provides the following services to us i.e visiting, prospective claints in usa, conducting seminar, exhibition ect in usa, periodic visits to client office for regular follow up in usa & obtaining client feedback, collection of payment ect.

3. In the facts and circumstances stated herein above, we want your clarification whether we, are liable to pay service tax on the services received in usa & consumed in usa as provided by the US based Company.

regards
Satyajit Roy Chowdhury