poojan soni
29 January 2014 at 16:51

Exemption nn-25/2012-st- entry-13

IS CONSTRUCTION OF ROADS FOR RESIDENTIAL COMPLEX WOULD LIABLE TO SERVICE TAX OR NOT?


ramanamma


If service tax is late paid and late submitted then is only
Interest @15% on number of basis
and
Penalty for late filling of return then
upto 15 days Rs.500
15-30 days Rs.1000
beyond 30days Rs.1000+100 per day
upto Rs. 20000

is there any other charges are applicable
if any please provide information.

Thanks



Anonymous
29 January 2014 at 16:43

Capital gain tax

1. When an asset whose cost is Nill and sale it, is it liable for Taxability? It is not depreciable Assets? Cost is nil as the purchase / acquiring cost is already written off in P&L A/c and how that material is sold to third parties for consideration, is capital Gain attracts?


CA. AMEYA PAI

dEAR SIR,
I HAVE RECENTLY QUALIFIED AS A CHARTERED ACCOUNTANT IN NOV -13 EXAMS IN FIRST ATTEMPT. I WOULD LIKE TO KNOW WHAT CTC SHOULD I QUOTE FOR STATUTORY AUDIT DEPARTMENT JOB PROFILE.
I HAVE GOT INTERVIEW ON 1ST FEB-2014 IN DELOITTE.

PLS REPLY.

CA AMEYA PAI
MUMBAI



Anonymous
29 January 2014 at 16:16

Credit note and debit note

i want to know about credit note and debit note in detailed.please expalain with examples.



Anonymous
29 January 2014 at 16:11

Forgot my it password

Respected sir/Madam,

I have forgot my INCOME TAX password & I dont know my secret question. i also forgate my registered mail ID

so request to guide me how can i got it
for urgent basis


Vishal Bhatt
29 January 2014 at 16:11

Cenvat credit on capital goods

Hi..

Our company has build a new factory building. We have transferred our old machineries which we are currently using for manufacturing after reversal of cenvat credit that we have taken as reduced by the percentage as per the provision. We have transferred the machineries by preparing the invoice & the cenvat reversed have been shown in the invoice.

Now I want to know whether, the said amount of excise which we have reversed can be availed fully in the first year or we should avail the credit as per the cenvat provision? i.e 50% in the year of receipt & balance in the next year.

Regards.
Vishal Bhatt


Chandan Babu Gupta
29 January 2014 at 16:10

Section 80c lic premium

Can anyone tell whether the limit of 10% of the sum assured in respect of the LIC premium is applicable on each premium paid separately or total premium paid for the FY.



Anonymous
29 January 2014 at 16:07

Section 40(a)(ia)

in case TDS is not deducted as per section 40(a)(ia) but the assessee receiving income has paid tax with interest then will expense be allowed.


Akshay Shukla

Dear All,
I am going under articleship training and serving the last month of the same. However my principal is allotting more work to me which can not be completed within one month. He had given condition that he will be signing the completion form only after completing the work allotted which will take time till april end.
I am having my final attempt in may 2014 for which I required time for preparation. I want to know that can principal compel me to complete the work even after completion of articleship. Further what should I do if he is not ready to sign the form.
this is affecting on my studies very adversely, please help me in this regard.






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