Hi,

For calculation of the STCG on Share Transactions whether the following expenditure can be allowed as deduction:

1. STT

2. Transaction Cost

3. Stamp Duty

4. Service Tax

Thank you in advance

A pvt. ltd. company developing software for usa based company. They providing service from india through online mode. The payment to be received in convertible foreign exchange. So I want to know that is this service fall within the ambit of export and service tax payable on it.!!! Also is this declared service or not..!!!

Dear concern, I have registered for IPCC course with registration number NRO-0244029 in september 2010, I just want to know about my registration validity whether it is valid for nov-2014 attempt or I have to re register my self. Kindly provide me the necessary details. I shall be very thankful to you.

I have opted L.I.C Policy in name of my Spouse and I am paying premium through my account. Can she claim the benefit of U/s 80C.

hello ....i m doing articalship in small firm....where i m geting exposure to Income tax and Accounting....but no exposure to Audit.... My question is will it effect my carrier....because after completion of CA , i will be going for job rather than.. opening a firm...

If employer purchased a Group Health insurance policy for his employees. and employees are entertaining the benefit. is any sum received by the employees taxable?

The subscribed share capital of s ltd. is rs. 80,00,000 of rs. 100 each. There were no calls in arrear till the final call was made. The final call made was paid on 77,500 shares. The calls in arrear amounted to rs. 62,500. The final call on share will be :
(a) Rs. 25
(b) Rs. 7.80
(c) Rs. 20
(d) Rs. 62.50
Please answer given with explain.

When any intangible assets are written off on the basis of the expected future benefit & its useful life, then how can Dep will be separately calculated under I.T. Act.? Is Block concept applicable? For e.g. copyright for a book is available and expected life is 5 years? How to show it in Income tax return?

A Pvt. Ltd. Co. has six shareholders out of which four shareholders holds 70 % of total shares while other two shareholders holds remaining 30% . Shareholders who holds 70% shares want to remove shareholders show holds 30 %. Please tell whether this is possible. If so, what is the procedure.
If this is not possible, is there any means that value of shareholding of shareholders who holds 30% shares can be brought to 2% or 3%.

I have a liability under reverse charge mechanism (GTA), so ST paid for GTA do we get the CENVAT CREDIT. If yes then IS THAT we get it in the same return .