Is tax required to be deducted on interest paid to the partners of limited liability partnership? Please do reply as early as possible. Thank you.

pls tell me accounting code and name of service catagory for following service

" Giving JCB on rent to builder and developers"

we visit difference place to do servicing of our machine. for which we
1.charge labour
2.parts
3.Flight charges
4 hotel charges

on labour we charge service tax and on parts we charge vat.

my question ?. are we suppose to charge service tax on Flight and Hotel

Dear Sir

We are paying monthly amount to a Bus contractor towards charges for carrying our staff from nearby railway station to office and back. Bus contractor raising bills to us without charging any service tax on it.

Whether this transaction is applicable under RCM (reverse charge mechanism)? If yes whether bus contractor should charge 60% of service tax on the bill? and we have to pay 40% portion to govt.?
or
Whether 100% of service tax should paid by us as service receiver (non-abated value)?
or
Whether this transaction comes under rent-a-cab service ?

Pls clear the above.

Thanks and regards
Arun

we visit difference place to do servicing of our machine. for which we
1.we charge labour
2.parts
3.Flight charges
4 hotel charges

on labour we charge service tax and on parts we charge vat.

my question ?. are we suppose to charge service tax on Flight and Hotel

Respected experts,
My query is related to levy of penalty u/s 271(1)(c)of Income tax act,1961.According to this section penalty ,minimum 100% of tax evaded maximum to the extent of 300% of tax evaded,will be levied if a person concealed his income or furnished inaccurate particulars of his income.
But when in assessment proceedings some of the addition has been made on estimated basis on account of dis allowance of some expenses or due to trading addition whether there is the case of levy of penalty u/s 271(1)(c)or no penalty will levied because addition have been made on estimated basis.

Thanks with regards

my income tax deducted in fy 2010-11 rs 50,508 one suggest me manualy filing i do this but i not got my returns till now how can i got money back sir ???

Hello Sir,


We had increase the Authorized Capital of Pvt. Ltd. Co. So, Please tell me how i treat it whether a capital expenditure or Revenue expenditure.

What is the Journal entry in two case with detail?

is tax in applicable on Packing and forwrding in manufacturing co.
how to calculate tax on Packing and forwrding in manufacturing co.

dear sir can i file my nil itr retutn of ay 2012-13 in current year ??????
i know there is penalty attracts of rs 5000 but my return is nil that is without any tax so it cannot attracts penalty...
plz give ur best knowledge