Local Authority has floated tender for Const. of affordable houses for Economically Weaker, Low Income Group section. Local Authority has given work order for Const. of Houses & other infrastructure works. Land owner is Local Authority, Contractor has to construct building only & hand over to Local Authority. Local Authority will distribute the houses to the beneficiaries.
In this case whether Service Tax is applicable or not, the point of taxation whether Local Authority should collect tax at the time of sale?
Contract has submitted the tender alongwith service tax cost, as per our understanding work awarded by local authority is exempt from service tax. Whether contractor's claim for service tax is tenable or not?
hi,,
My query is -
1.one of my client given his land for development and after development he received amount .i.e long term capital gain.he buy a house property in the name of his wife. before 1 year of development of above property .can we claim decuction u/s 54 r 54f?
mai bohot confuse hun ki ipcc k both group ek sath karu ya phir alag alag please, sahi decision lene me meri help karen
Hi sir.. I have submitted my documents to icai for termination with my priciple consent letter.. I got a reply from icai asking for consent letter of employer to further process my termination.. So what should i do now? Shall i send that letter again?
can any1 explain me hw to find value of ln 1.0375. ans is 0.036814.. and ln 1.066 0.0647.. I m nt geting hw to find this values...
SIR I HAVE FILED MY RETURN ONLINE IN THE MONTH OF JUNE 2013 FOR THE AY 2013-14 BUT STILL I HAVE NOT GOT THE REFUND WHAT TO DO?
when does a circular become effective??? is it same day?????
DEAR SIR
A VOUCHER OF RS
DT 31/05/2011
PRINTING & STATIONARY DR 12000
TO IMPREST A/C CR 12000
NOW IN MAY 2013 THE ABOVE VOUCHER CHANGE BY MISTAKE
DT 31/05/2011
PRINTING & STATIONARY DR 12000
TO CASH 12000
NOW ITS DIFFRENCE IN BALANCE SHEET IN CASH IN HAND & IMPREST A/C 11-12
NOW HOW WE CAN DO RECTIFY THIS MISTAKE
THANKS & REGARDS
VIPIN KUMAR SHARMA
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Whether liable to service tax or not?