Anonymous
28 March 2013 at 17:58

Transfer after 1 year of articleship

i have worked for 13 months in a ca firm and then taken a leave for 5 months due to some unavoidable reason
now i want to take transfer to some other ca firm due to dispute with principle
Is it possible
I have no option





Manoj Saini

Reverse Charge applicable or not in Following cases:-
1. ABC Company Limited is Construction Company. Same company has provides construction of Road service for government awarder. In same case company issued sub contract to EFG Construction (Individual Firm) for road construction work. Subcontractor service covers or not covers under Joint/Reverse Charge Mechanism? If not cover then any specific notification.

2. In case of Service receiver is service provider and he has claim SSI Exemption. He receives a service which fall under Joint Charge Mechanism, then SR is liable to pay his liability? If yes then he can Set off Such Tax (Paid under Joint charge) in future from his ascertain tax liabilities?

3. XYZ Builder Pvt. Ltd. Construct a building having seven flats, No advance amount taken before the construction of same flats. There is no service tax applicable as a service provider on XYZ Builder Private Limited. But the construction activity has done by a work contractor LMK Construction Individual firm. Now in same case reverse charge applicable or not for works contract service?



Anonymous
28 March 2013 at 17:29

Life insurance

we have cc & loan account( for my Partnership firm).

Bank deduct rs.50,000/- for life insurance policy for our both partners.
Q.1
can it allow as an expenses..?
Q.2
or bear from partner's capital..?

give a suggestion..



Anonymous

I made a payment of Rs.15000/- (only Rs.15000) to a transporter during F.Y.12-13.
the same transporter doesn't have PAN. should i deduct tax @ 20% or Sec.194C is not applicable due the transaction is not more than threshold limit e.i.30,000 or 75,000.



Anonymous
28 March 2013 at 17:25

Company law

Please anyone solve my problem

Full process of appointment of new director in a Ltd com


Sudhakar & Co
28 March 2013 at 17:21

Service exemption for tenant


Dear Professional colleagues i need a clarification on Service tax issue. My client is paying service tax to joint property owners.Which is below ten lakhs for each one. but one has more than ten lakhs aggregate income. He is asking service tax to our client. My question is my client rent payment to joint owners is below the limit. In this case no need to pay from my client end. Please guide me or any if any advance rulings or judgements provide.



Anonymous
28 March 2013 at 17:08

Deduction under sec. 80d

(A).If an employee takes the health insurance policy for self and family(Spouse and child) for Rs.15000 and also take another policy for his parents for Rs.18000. His Parents are not senior citizen.
Then how much deduction under Section 80D an employee can get.
(B). If his parents are senior citizen and he takes the policy for self and family for Rs.15000 and also take another policy for his parents(Senior Citizen) for Rs.20000.
How much deduction can he claim under Section 80D.


Rakesh Jain
28 March 2013 at 16:29

Is tax benefit u/s 80e???

If I get a top up loan from my home and use that money for my children's higher education, can I get the tax benefit of section 80E?


chetan ashar
28 March 2013 at 16:09

Claim for winning a lottery or price

Dear sir/madam,

My wife had won a price money in the year 2010 of Rs.1,11,000/- (Appx) from a TV game show. Out of which they have deducted TDS of 30%, which amounting to Rs.30,000/- appx.

Can I claim that TDS amount now?

Kindly suggest...

Thanks,
Chetan


vinita

is documentary evidence necessary for a employer to allow deduction to his employees for tds calculation?

it would be very helpful if you provide appropriate refference of I.T. act.

thanks in advance






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