Hi Whether there is service tax applicable on management services provided by an individual to proprietorship firm? if yes, there is any exemption limit. And the said individual is already providing immovable property rental services amounting more than Rs.10 lacs.

what are the various papers we have to give in b.com if i clear cpt . through ca associated university.

Hi iam doing CA final ...iam confused in buy the SFM Book. which book is best? A.N SIRDHARAN (OR) PATTABI RAMAN .plz clarify me ....and also plz clarify advance management accounting which book is best ....

As per the new rules, Service Tax will be calculated at the rate of 12.36 percent of the gross value of the property. But, because there is a Government abatement of 75 percent (increased from 67 percent), tax will be levied only on 25 percent of the gross value of the property. The effective rate of service tax is therefore 2.575 percent.

Can anybody elaborate me,my house amount gross value=1651000/- what is my service tax amount with calculation

Hai,

I am an accountant.
one of my clients is manufacturing silk sarees. he is not exporting the same and sells it within Tamil Nadu.

I need to know the weaving and manufacturing expenses attract service tax?

Sales Turnover Crosses Rs.1.00 Crore.

Please guide me

with regards

Natarajan
Accountant, Salem

Company has given exempt income for leave encashment of Rs 1 lac on leaving the company. (Visible in form16)

Income tax officer during scrutiny, wants to add this leave encashment to total income. He says that limit is Rs 3 lac during life time and wants to surrender this.

How can we prove that he has no availed this amount earlier and will not be claiming the same in coming years.
Is he right in saying so? Please advice.

Is Section 40A(3) of the Income Tax Act is applicable for cash payment to creditors which is found in a search u/s 132 of the Income Tax Act?

Is service tax will be applicable on a proprietorship firm being a service provider liable to pay service tax on RCM but turnover is less than Rs 10 lacs.
Is it cover under threshold exemption?

My understanding of TDS deduction on rent 194I is as follows. Rent of September paid in October needs to be TDS deducted and remitted to Government account before 7th day of November and likewise for October rent paid in November, TDS deducted and remitted in December. My query is 1. Is my understanding correct. 2. If the above is correct then which are the correct months for TDS returns in the 3rd quarter, are they the rental months, rent paid months or the TDS amount paid to Gov't months ?

Sir, whether challan of Tds on sale of Immovable property is deposit under TAx on Companies or Tax on Non Companies as deducter base or seller base?

i.e. if deducter is individual and seller is company then in what minor head i should deposit my tds ( whether tax on companies or tax on non companies).