One of my Client is selling educational CD's & DVD's (English Speaking Course). He has taken copyright.

My question is what type of taxes will be levied on such sales? VAT or Service Tax or Both.

As per case law, if on sale of SIM cards service tax is applicable as service provider is providing services to clients and not selling goods.

Under current case whether only Service tax will be applicable as my client is providing services (of providing education) through the medium of CD's & DVD's. The cost of CD will be approx Rs 1000/-.

Whether VAT will also be Applicable?

What is the formula to compute the transportation cost?
What elements are included for computation of such cost?

Dear personnel, Is it compusory to complete ur GMCS within one year?if somebody is not able to complete with in 1 year then what will be the consequences??? will it delay final attempt???

sir mera abi reg letter nai ayea to kya main abi form number 109 bej sakta hu? Muje form beje hue 20 days ho gye hai...... Nd kya main form 109, and 103 ikathe bej du?

Dear Wxpert,
can a company convert its unsecured loan to share capital?Is it violation of sec 269 T.
In my opinion a company can convert becaz it is not repayment but its conversion.

Pls suggest and give your valuable opinion.

Thanks

HI,
IN CASE OF TDS ON CONTRACT, SUPPOSE THERE ARE TWO PAYMENT TO SAME PARTY ,ONE ON 01/01/2014 OF RS 18000 AND OTHER PAYMENT IS ON 22/02/2014 AMOUNTING RS 35000.
MY QUERY IS RS 35000 WILL SUBJECT TO TDS PROVISION WITHOUT DOUBT, BUT WHAT ABOUT RS 18000 , WHETHER WE NEED TO DEDUCT TDS ON THAT AMOUNT ALSO?????

Dear all,

Please tell what will be the requirements for filing income tax return for AY 2012-13 AND AY 2013-14 of a business ...

what will be the procedure of return filing 1st time...

kindly explain all ITC reverse in details in VAT

thanks and regards
Sampath

THE FIRM WAS IN TAX AUDIT IN THE F.Y. 2011-12 AND ACCORDINGLY WE APPLIED FOR THE TAN (TAX ACCOUNT NUMBER)IN THE F.Y. 2012-13, DEDUCTED T.D.S FOR THE FINANCIAL YEAR 2012-13 AND FILED T.D.S RETURN. NOW, IN THE F.Y. 2012-13, THE ABOVE SAID FIRM IS NOT UNDER TAX AUDIT, SO IS THERE A NEED TO FILE T.D.S RETURN FOR THE F.Y. 2013-14.
AWAITING FOR QUICK RESPONSE WITH APPROPRIATE SUPPORTING LINK (IF POSSIBLE).

Hello
sir i have received the notice of 234e regarding late file of tds return so i want to know that is there is any way to waive this. what procedure we can follow to waive this. please give me best solution in this matter as soon as possible............

Thanks