Client imported taxable service on 24.07.2013 (Bill date) and paid to the service provider on 10.08.2013. In this case, service receiver will be liable to pay service tax on reverse charge mechanism.
Invoice value is $5000. For purpose of payment, which exchange rate will be taken? 24.07.2013 or 10.08.2013? Also, Service tax liability will arise on which date?

A company bought a plant & Machinery during the year. Its included under the Income tax block of claiming 80% depreciation. Its capitalized before september, ie eligible for 20% additional depreciation.
As a result i can claim 100% depreciation(80% normal+20% additional).
Can i claim the same? Is that allowable as per income tax Act?

Dear Sir/Mam,
If a tour including accomodation,flight tickets,site seeing etc. is arranged by Tour & Travel agency & agency is Charging us composite bill of suppose rs.1,00,000/- & also charging service tax in bill rs.12,360/-.then,how much % of t.d.s.is to be deducted & under which section & on which amount.

Thanks,
CA Ankit Agrawal.

sir i want to know can a patnreship firm or head office tranfre cash to his branch excess of Rs 20000/-???.....plz update me a detail information about the powers of head office & limitaion of it.

1.What are the supporting document required for service tax registration of partnership firm.
2. One of the partner has given his premises without any rent then if he gives address proof in his name with Noc,is it acceptable as address proof of the firm.
3. Is cancelled Cheque is mandatory for registration.

IS it necessary to upload schedules to Balance sheet & Profit & Loss while e.filing audit reports for A.Y 2013-14

St-3 return for october 2012 to march 2013 filed. Status of the return is showing 'FILED'. But while trying to take print out throw 'view ST-3 return' option a message appears as follows.

Your request cannot be processed please contact your system administrator. Error code :500

Kindly help to solve the issue.

Sir,
My co has deducted Income tax from my salary in the m/o of may for non-submission of PAN. My gross salary comes to 18k per month. ls let me know whether my salary is taxable & is there any way to recover that amt by filing return???

if the employer not signed the form 109 then what is the process after this.

Hi Friends,


I have Incorporated one of limited company this month.All directors are relative.

can anybody tell me the List of mandatory compliances for limited company describe in brief.
My Email id : cheenavats@gmail.com