Seeking the explanation on "Life Interest"?
Kindly explain me the meaning of Life Interest and explain that how to calculate it as per Wealth Tax Act, 1957.
Sir,
Please address me for the below mentioned Query:
Sir, in case of joint charge,if the service providor is not mentioning the amount of service tax in the bill i.e. he is not following the Rule 4A of CENVAT credit rules,2004 then whether the Service Receipient should consider the bill amount inclusive of Service Tax or not i.e. the service receipient should give payment of reverse charge considering bill amount inclusive or exclusive of service tax.
The below is the situation:
a)he is not a Small Service Providor
b)the line "inclusive of service tax" is not mentoned in bill.
c)The same Contarctor of Man Supply is charging service tax in another bill.
Please try to mention the relevant section for inclusion of service tax in bill.
Respected Expert,
my query is whether in case of an authorised service station, selling of spare parts which are already taxable under VAT attracts service tax ?
Can a Central Excise Dealer show the amount of Excise Duty separately in his commercial Invoice
As i have heard that a dealer cannot show the amount of ED separately in his Commercial Invoice as he is just passing the Excise duty, he is not charging the duty.
Hi,
Someone may please see the following and if possible, give reply:
Query 1
Assessee company filed ITR before the due date for AY 2010-11 (FYE 310310).
Assessee wrongly filled the TAN details in TDS Schedule of ITR. Consequently, refund is determined less.
As the mistake is apparently known one on seeing the TAN, can the assessee file rectification under Section 154 (for enhancing the refund), as the assessee is yet not lapsed the FOUR years as stipulated in the section.
Please confirm my understanding and further confirm the 'applicability of FOUR years' for the given facts of the Assessee.
Ans : ………………
I request someone to support their replies with any URL or case laws so that I will also go through and improve my understanding.
Thanks in advance for your replies.
Can a Central Excise Dealer show the amount of Excise Duty separately in his commercial Invoice, instead of adding it with the value of goods.
(i.e.) for example:-
Sale Value of item x is Rs.150
Excise duty to be passed on is Rs.10
so, can the First stage dealer show the amount of ED Rs.10 separately in the invoice.
RESPECTED SIR,
I HAVE QUERY REGARDING AUDITORS APPOINTMENT OF LETTER.
MY FIRST QUESTION IS:
1. THEIR IS XYZ CO. PVT LTD WHOSE AUDITOR IS M/S. A& ASSOCIATE.
2. XYZ CO. HAS REAPPOINTED TO M/S. A& ASSOCIATE.
3. BUT CONFUSION IS XYZ CO. HAS NOT REAPPOINTED TO M/S. A& ASSOCIATE AND APPOINTED ANOTHER AUDITOR THAT IS M/S. B & ASSOCIATES.
4. SO. M/S. B & ASSOCIATE APPOINTED IN AGM 30.09.2013.
SO, WHAT IS SOLUTION FOR THIS QUERY
Sir
Is Appointment of Chartered accountant is necessary for filing of Form 20B , Form 23B Form 23AC & Form 23ACA ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Life interest - wealth tax