sir..tel me the plan for my life..i want to be the president of icai..for this what things i have to do..now i am doing my articleship..what are the eligibilities for president..i want to develop india as soon as possible..so requested to all..

Sir,
my Query is that under reverse charge mechanism when the liability to pay service tax arise on the service receiver, when he book the bill or make the service payment to service provider.

please let me confirm that what is the general rule under law and what happens in general practice in companies.

Thanks
Manish Mittal

I purchase shares of Pvt. Ltd. Co. fron foreign Individual. What is the TDS rate for this payment and how i will deposite the same.

I have applied for transfer of Articleship from current firm in Institute(ICAI). Till now, I didn't receive any intimation from ICAI regards to approval of transfer. whether I want to wait for approval for joining in a new firm? it is already 3 weeks past me.

Dear Experts,

One of our employee worked from Oct, 12 to March 13 but didn't get salary in between due to financial reasons & his 6 month salary paid in the month of March, 2013 i.e. Rs. 20 Lacs & TDS deducted Rs. 4.4 lacs approx.

I would like to ask, whether his salary should be booked in monthly basis & TDS deduct on monthly basis & TDS deposit with interest Or we can book 6 months salary on March 13 and deposit TDS without interest within April, 13.

Waiting for your early response.

Sir I was working in a co-op Bank. I joined there in the year of 2006 and in 2009 I got my confirmation letter. But in the year of 2011 I resgined from my bank due to personal reason. So my querry is Do I liable to get my Gratuity???

If we proprietor of a firm and register in excise from the 1st day and exempt under notification 8/2003-CE dt 1-3-2003 for Rs. 150 lakhs, or most important point we not cross the limit of 150 lakhs then in 2nd year what is the exempt limit for us is this 150 lakhs or its extend to 400lakhs.

Reply soon

Anu

if a firm register under service tax after crossing limit of 10 lac amount of service tax.
how should it pay service tax ?
- on exceeding amount only or
- on full amount from beginning or
- it should pay for invoice raised only after registration ?

As a service receiver, whether we can avail credit on receipt of bill (service completed) from service provider or only after making payment towards the bill.

regards

Sadhasivam C.

Dear Sir,

WE have reg in central excise in proprietor ship concern, but now we have going for pvt ltd company.No Business premises changed proprietor is become a director
kindly give us what are rules & documents we have to follow the Excise rules

reg

Prakash