A small dealer (receipts below 50 lakhs i.e. aroung 10 lakhs) having receipts from Renting from Immovable services has been paying service tax on receipt basis for FY 12-13.
During the year 12-13, he starts another Service namely Business Support and the receipts are billed and received immediately and the individual service t/o exceeded Rs. 50 lakhs.
now, my question is:
1) What should be his status small or large tax payer?
2) Formalities of registration wrt to new service?
3) can he continue to pay tax on receipt basis for Rental income and on Point of Taxation basis for Business support service income?
Hope to seek a reply soon. Thanking you in anticipation.
we want to pay commission to agent for the period from oct'12 to march'13, but we have the filled the TDS return of IVth Quarter 2012-13. Can we book this commission paid expenses in F.Y. 2013-2014.
Can any one how to do excise audit and its reconciliation??
By mistake I filed TDS return for Qtr 4 as NIL (i.e.nil deductee & nil challan).
but now I have found that 7 transactions on which TDS was deducted & challans were deposited.
Please tell me how can I revise my Qtr 4 return ?
I am unable to download the file from TRACES because there was no deductee record or challan in original return.
Please... please ... help me....!!!
Hello,
I am a not practitioner , so can file itr 4 for Proprietary firm for the f.y.2012-13
if yes give me some guidline
Sir
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Regards
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wheteher the balance amount of Rs 2Lacs(Rs22Lacs-Rs 20Lacs) will be taxable under Income tax act and if yes then under which hear of income and under which section????
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as i completed my course in year 2012 and after that due to some personal issues i was not able to appear for exam..... now i am planning to appear in nov 2013....
so please help me and tell me that there is any major change in the course..........
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Thank You
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Service tax pot v/s receipt basis