Dear Expert,

I have the following query regarding service tax. Assessee is a music director and has registered successfully with the service tax department. He later got clarification that his services are exempt from service tax.
Should he continue to file service tax returns showing his service income and avail exemption, or is it better to surrender the registration? He has no other taxable service income.
Request clarification in this regard.

Sir, on my income,i paid the proper tax and then deposited the after tax sum in my saving bank account ( nearly 9 lakhs Rs) Now when I withdraw the whole amount, is deptt, in any ways, interested that where did I spend such sum. Wether in future, the deptt can send me notice to give explanations of the spendings.
Pls sir do reply urgently....

Dear Experts,

If there is a dispute between two directors then what are the consequences related to Pvt Ltd Company? Will the company gets wind-up if still having profit? If it will not wind-up then what will happen?

Dear Friends,

Please provide me main objects of a plywood unit.

Thanks in advance

Mayur

Dear Sir,
One of our client providing AMC for water purifier. I would like to know the provisions of Service Tax. Please note specified consumables are replaced within the AMC amount and bill is also raised without bifurcation of labour and consumables.
Please advise.
Regards

Is there requirement to registered cheque discount bussiness??
If yes then under which act ??
Is it benificial to register cheque discount business ???
Procedure for registration and where to register it??

Plzzz suggest me ur valuable feedback..

whether TDS is required to be deducted on transaction charges paid to bank for credit card payment accepted by merchants from there customers.
further as CA PARAS BAFNA commented on 11 feb 2013 regarding the same query where he states that there is notification wrt which there is 7 types of payments to bank are exempt from TDS liability and that 7 types also includes transaction charges which i mention above.
please provide me with that notification number as i can quote that notification number in the appeal.
thank you

we are in hotelling business, our per day tariff is 15000 per month I.e. 500 per day effectively, our
turnover for f.y. 2012-13 is more than 10 lakh, so, exemption notification issued in july 2012 under
service tax will be applicable to me? and if yes should I take registration and then claim exemption
in that or not required to take registration?

Dear experts

What is the accounting treatment for "Apartment Owners welfare Association".

The association will collect the money from Apartment owners and spends for Water Charges, E.city Charges and Other Maintenance charges.

At the end of the year they may have the surplus amount, is that amount is taxable ?
(P & L Account or Income and Expenditure Account)

And they are having Savings account on association Name they and they are receiving bank interest for that,what is the Tax Rate for that Interest portion.

Kindly help.

Whether Contribution to ESIC by Employee is eligible for deduction from salary while calculating tax?