Harismohan
31 December 2013 at 15:13

Service tax on transportation income

Dear Sirs

My client is (partner ship firm) manufacturer of ready mix concrete. They own some 20 ready mix concrete vehicles for transporting those concrete. Client is invoice the concrete value only with excise and vat percentage. And also separately billed for transport charges for delivering the concrete at site. (Those peoples are end users). Whether any service tax liability is attracted to this transportation income. Please clarify the same.

S.Mohan
Accountant


Divya Sethi
31 December 2013 at 15:06

Articleship in mumbai

Hey! I want to take transfer to mumbai for my articleship bt have no idea abt gud firms dere. I am not having any approach. Can anybody plz let me know about some good firms in which no approach is required.



Anonymous
31 December 2013 at 15:06

Fcra registration

Dear Experts,

pls provide below mentioned information in context of a society registered under 12A:

1.process of registration of FCRA
2.documents required for registration
3.maximum duration of getting registration
4.any other additional information


Thanks & Regards


huzefa patrawala
31 December 2013 at 15:06

Resignation

I am a article assistant in a ca firm but due to some personal reason i want to discontinue my ca course for some temporary period ... so can any one advice me what procedures i should follow while resigning and what shall be the procedure if in any case i opt to resume my ca articleship



Anonymous
31 December 2013 at 14:59

Vat on newly purchased flat.

Dear Sir,

We seek your expert advise on...

We have been purchased one residential flat in the year 2009 which was under construction and now it is ready for possession.

I have been made full payment of the flat cost and other additional charges i.e corpos fund, electric charges, one year maintenance etc.

Now the builder is asking to pay Service Tax and 1% VAT on Flat cost otherwise he is refusing to give me Possession.

Please guide me whether VAT & Ser.Tax on property is to be born by builder or customer?

I heard and read somewhere that it is to be born by builder. If so please guide me for further necessary action.

Waiting for your earliest reply.

Regards



kartik kumar panda
31 December 2013 at 14:49

Relife under section 87a

Please suggest if a person net tax able income is 2,25,000/- before claim exemption of Rs 2,00,000/- tax paid on Rs 25000/- @ 10% is 2500 plus Cess @3% is 75 on which amount tax refile U/S 87A is claim either from 2500/- or from 2575/- or cess calculate from 2500-2000 =500 @3% 15 my question is from which amount cess is calculate either 500 or 2500/-


LATHA

Rebate under 87A is applicable from 2013-14

Read more at: https://www.caclubindia.com/experts/ask_query.asp?



Anonymous
31 December 2013 at 14:40

About study

Dear Sir,

i am doing job in private sector as accountant is scanner sufficient for qualifying the cs excutive getting 60% above


RAHUL MATTA
31 December 2013 at 14:37

Tcs on jewellary

While undergoing section 206C(1D), I got a query. My question is what is the meaning of "any amount in cash as consideration" in case of sale of jewellary.
For eg. If a person purchases jewellary for Rs. 550000 and make payment partly in cash of rs. 100000 and remaining through cheque. so how TCS shall be attracted?
Whether TCS is to be collected on whole amount or parly payment in cash of Rs. 100000?

Thank You.


jay
31 December 2013 at 14:19

Interest on loan or depositer

Sir,

I want to know how much interest rate is allowable in income tax act for f.y 10-11.I have proprietory business and We paid Interest to loans taken from relatives and interest paid 18% p.a on loan amount.We also deduct tds 10% from Interest and paid via chalan and also filed our tds return.Our Depositer also files his personal return.And also mentioned interest income in his return and also paid selfassessment tax on his personal income.So i want to know that the assessing officer disallow the interest rate 18%.Kindly any judjement in this matter as per your knowledge please give reference.






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