Can anybody solve my query about Machinery transfer.
Actually our co. has 15 branches in all over India. 5 machinery transfer from Gurgaon branch to Delhi branch.
what is the treatment in assets schedule.
and how to treat it in gross block and net block of assets schedule.
can i show it in Delhi branch as a addition or simply transfer all gross block and depreciation into the Delhi branch.
please send me the ans with an example.

i made application for sT in ST-1
But i made mistake in ST -1 now i want to correct that mistake before filed along with document to service tax office
Plz suggest mr what to do?

Deduction in respect of int. on loan for starting new business by an individual is allowable under section 36 or 37 i.e which section will apply.

As under section 36 int. on loan is allowed for existing or for extention of business.

I have a housing loan (self occupied) in 31.03.2013, and I have paid Rs. 71492/- as interest on loan,

I am filling ITR-4,
how much I will get deduction and ..where
the said amount will be shown in ITR-4..... thank with regards..

Is Charted accountant services are also come under reverse charge Mechanism?

sir kindly advise,
> by mistake deduction(80TTA) on saving a/c not claimed
>while int added in total income
>now assessee ask if non considering of 80tta deduction is lead to penalties/fine
>then revised otherwise leave it


>what should i do revise or not

We are claiming SSI exemption since gross amount of invoice raised in preceding year was below 10 lakhs. now in this year we have so far raised invoices upto 9.50 lakhs and expecting to cross over 10 lakhs but the total amount received is below Rs. 10 lakhs.

My question is
(1) on crossing the invoice above Rs. 10 lakh we have to charge service tax.
but from what point we have to make payment from the day where the invoice cross the limit of Rs. 10 lakhs or when the amount received over rs. 10 lakhs.

since our total gross receipts will not increase Rs. 50 lakhs and we have option to pay on receipt basis. urgently

I have a query for you to solve regarding service tax.
service tax input on one service can be used to set off against service tax out put on other service (For Example service tax input on security services can be set off against service tax out put on professional fees) and pay the service tax.
Please solve this query to me.

If profit is Rs.70000/- only
what will be salary to partners.

A company declared Final Dividend for the Financial Year ended as on
31.03.2013 and Shareholders had approved the dividend in AGM held on 31.05.2013
and company paid the dividend on 02.06.2013 as per the AGM approved the dividend
, now my question is

A. What will be the Assessment Year for the deposit of the Dividend Distribution
Tax applicable on
dividend paid by the company related to the Financial Year 2012-13 whether
i.e.


1. ASSESSMENT YEAR 2013-14 – Since the dividend declared for the
F.Y.2012-13

2. ASSESSMENT YEAR 2014-15 – Since the dividend was distributed on the
05.06.2013 with in the F.Y.2013-14 .