A service tax has been applicable to restaurants which is having air condition w.e.f 1.4.13
"my query is if we remove the AC & install water air cooler system then it attract the service tax nor not??(we serve food & soft drinks only no liquor)"

IF A NON RESIDENT INDIAN TRANSFERS HIS SHARES (OF AN INDIAN COMPANY) WILL HE HAS TO PAY CAPITAL GAIN TAX AND IF YES HOW CAN INDIAN LAW BIND HIM TO PAY SUCH TAX.

Respected All
I have a query regarding receipt & Payment preparation of educational institute

at the time of preparing receipt & Payment of our institute our accounts & finance manager taking amount like below mentioned & i am confuse about that please give me information

while taking library deposit refund amount

opening 1772408

dr. -821500

cr . -886500

closing - 1837408

he took rs 65000/- on receipt side
( 821500-886500)
& while taking scholarship payable amount
he took the closing balance amount

amount - so & so
is correct to take one amount like 1st step & other like 2nd step or there is something wrong or all wrong if yes please tell me how to take amounts when creating receipt & payment

Thank You.

Dear All,

Can i know the cst rates appicable for fy 2012-13. Also is there any cst rate of 5% ????

A company has been charging depreciation as per Company law rates till 31.03.2012. Now the management is of the opinion that the said rates have to be increased. Can you please tell me what the accounting treatment will be. Is this just a case where the company can go ahead and charge the said higher depreciation on the written down value of the assets as on 1.04.2013 or anything else needs to be done. Obviously we have to make a disclosure in the notes stating reasons for the higher rate of depreciation. Please advice

Can 24Q- Nil return be revised?
Entries from 26Q be deleted?

TDS is deducted from salary u/s 192 however online payment is made under code 194J and quarterly Tds return is filed 26Q with code 194J instead of024Q with code 192B..

Now how can we rectify this mistake?

And how can we get Form 16 correctly?Showing TDS u/s 192

Hi,

I earned Rs. 378000/- in the year 2012-13.
I am paying Rs. 4923/- quarterly for LIC
I am paying house rent Rs. 8000/- per month.

Can you please help me in calculating for my IT.

Also, can you help me know if I can submit medical bills.

Many thanks

Dear eXPERTS

I want to know in detail about
•Procedures to register the TM
•The online application from which website to be made
•Web sites for e –help for TM application registration
•Precautions to be made while applying
•Which kind of Fees are there
•How much it will be cost to us if we register TM
•Within which period the TM will be registered

thanks and regards

In this regard i have following doubts

1.When to be file?
2.How to file audit report electronically, along with return or separately?
3. Who has to file? If Auditor, Digital Signature for Auditor is required?

Sir,

CAN WE CLAIM VAT CREDIT ON CAPITAL GOODS LIKE COMPUTER, FURMITURE & FITTINGS, VEHICLES... ETC UNDER THE PROVISIONS OF KVAT RULES... OUR CLIENT IS A MOTOR VEHICLE RETAIL DEALER... PLS REPLY QUOTING THE RELEVANT APPLICABLE SECTIONS :-