A company has purchased furniture from a dealer and the same person has done paint and electricity job of the office and submitted a single bill the company has capitalised the whole amount along with the paint & electric job as furniture and fixture. I also want to know whether TDS has to be deducted from the amount while making payment

who r require to pay advance tax ? what r their due dates to submit advance tax payment procedure , consequences in brief pl...

whether interest credited to unsecured loan as on 31st march attract section 269 ss n 269 tt

Dear member,

in my Company tax department is having practice to charge ST @ 6% as recipient and service provider is also charging ST @ 6% so in total we are paying ST 12% .
Service provider shows service portion seprately and the rate is applied on service portion only but the confusion is that do we need to pay ST after abatement i.e 60% as it is for fitting of machinery and to apply 3.6% (12*60%*50%) as reverse chage applicable to us and without considering the option (Method) applied by Service provider.

also clarify about Cenvat credit of ST paid to Service provider and as per reverse charge in case 1 and case 2.

Thanks & Regards,

Bhavesh Sanghavi

Deal All

Pls tell me can we take credit of Service Tax in reverse charge, if yes, how we can take.


Regards


Satish

dear expert
I had completed my one year articleship. Now I am working on 2nd principal firm. now my 2nd principal want me to take transfer because he said you dnt know taxation you are good in Audit based work and we hav only taxation work. now how I can I get prior approval of icai.

please so me the way out. I am feed up and frusted..
regards.

dear all,
suppose one has to make tds payment online for more than one section of tds so should we make payment for each section seperetly as in the challan window we have to select only one head at a time..plz suggest


rajneesh jha

I have raised an invoice as follows

Device Installation Training - Rs 6007.00

Service Tax @ 12.36% - Rs 743.00(Approx)
------------------- ----------------
Total Rs 6750.00
------------------- ----------------

Please tell me whether to pay TDS for this invoice or not. If TDS is applicable , on what values it is applicable.

Hi all
What is advance tax and actullay we are paying tax (through TDS) again why we need to apy Advance tax.
Ok, advance tax is pay accordingly will it be adjusted aganist the TDS paid amount.

Please clarify me the concept of Adnvance tax and TDS difference.

Regards
VJY

can a wife gift a property to husband?