can a corporate entity(restaurant chain) claim input of service tax on expenses incurred at its head office(eg. service tax input on rent/telephone/water bills for corporate office)towards setting off output service tax?

As a finance company, in their business of Bill discounting,making payment to the vendors for Rs. 98/- against bill of Rs. 100/- and collecting Rs. 100/- from the client.

Below is the scheme of entries in books of finance company:

Loan A/c (Asset) - Rs. 100/- Dr.
Bank A/c - Rs. 98/- Cr.
Upfront interest(income)- Rs. 2/- Cr.

Please advise whether vendor has to deduct TDS on discounting charges of Rs. 2/- or not.

Secondly, this is called interest of discounting charges income in books of lendor.

Sir,

I am working in Ministry, Govt. of India as a Junior professional on contract basis with consolidated remuneration of Rs. 13,500/-p.m. sir I want to know that whether I am applicable to pay TDS in any provision or not. if applicable, in what section TDS is deducted and what provision to file a return.

Mohammad

Dear friends/members i have a query on capital gains. During the F.Y 2012-13, shares of a unlisted Company were sold for Rs.250 each share. The actual buying rate of the same is Rs.145 in the year 2009-10. Please advise me the tax treatment of the above transaction along with tax planning.

Sir,i have registered for articleship before 30-04-2013, after finishing ca-ipcc both groups in first attempt in nov 2012. when should i register for ca-final , is ther any last date for such.

Hi

I am a CA and want to know about some good courses that i can do which adds value to my profile and salary??? But it should be a distance learning course..Please help me..

I have tds in FY 09-10 & 10-11, but income is below taxable. Can today i file return for tds refund. Whethere there is any penalty or fine. Please suggest.

IF WE MAKE PAYMENT TO TRANSPORTER (GOODS TRANSPORT AGENCY) AND WE ARE NOT DEDUCT TDS IF TRANSPORTER QUOTE PAN BUT SAME CAN BE SHOWN IN TDS RETURN YES OR NO?

BECAUSE TDS PROVISON SILENT IN THIS REGARDS?

Whether a Whole-time Director needs to be appointed as a director first or A Person can be appointed as a whole time director directly.

I have cleared ICWA Inter Group I in first attempt in June-12. But in Dec-12 I failed in Group II & my Scored was 140 marks.
Financial Account 55
Commercial Laws 45
Applied Direct Tax 40

Now i am solving ICWA Scanner, Study Material & RTP.
In Addition i am solving CA Inter Scanner for Advance Accounting, Accounting Taxation and same for CS Scanner for taxation law.
I would like to know can i do study on right track or what ?

Thanks in Advance

Regards, Pawan Patil