Suppose we are living in Hapur (U.P.). We purchase a computer from Delhi (other state). and computer bill is prepared for Hapur. What would be Vat we have to pay? If bill is prepared for Delhi Address, what would be tax percentage?

Applicability of service tax - Renting of Immovable Property Services performed before 01/06/2007 when it was exempted from service tax, I need your valuable opinion regarding the applicability of service tax in the following situation.

Situation -1: Billing to client and consideration received after 01/06/2007.

Situation -2: Billing of the same to client done before 01/06/2007, whereas the consideration against such service received after 01/06/2007

Regards
Rakesh

Dear Experts

Please help me in clearing the concept in regard to matter of Transporter payment:

1. What is the Max. Cash Payment Limit?
2. Is there any threesold limit for it?
3. When TDS liability on Transporter payment
arise & how to avoid it?

4. When Service Tax need to pay on payment to transporter freight?

Your reply is highly appreciated.

Regards

A GTA provides services to our company and the taxable services provided by GTA is below 10 lacs.So I want to know the liability of our company, whether it will be liable to pay 50% of service tax as applicable in reverse charge or 100% of the service tax liability or there would be no liability ?
Also what will happen if other service provider falling under reverse charge mechanism provides services under same fashion ?

Thanks & Regards,
CA Hardik Avalani

What is the Creteria for appointment of Cost Auditor???

If a foreign co. provides some services to indian co. and as per DTA TDS% is 10% but foreign co. does not have PAN no. then what should be tds rate 20% or 10%. pls give some section reference.

let me know various forms to be filled by company to ROC on Qtr, Half, Annualy basic and its last date of filling

If on paper a director is Whole time directors then whether sitting fees paid to such director is covered under reverse charge mechanism.

(i) If income tax liability on salary of an employee is borne by the company, how it should be disclosed in form 16 as well as quarterly eTDS return?

(ii) Whether tax liability borne by the company amounts to monetary perquisite or non monetary perquisite?

(iii) Whether employee's tax liability borne by company can be booked as expenditure in the books of accounts of the company?

I shall be grateful if the above questions answered with appropriate example / illustrations.

My query is whether the assessee is allowed to get exemption of two self occupied houses.
One is occupied by himself and other is occupied by his parents and the property is not adjacent to each other.