After 01.07.2012, whether private Limited company is required to pay SErvice TAx on freight under reverse mechanism.

sir, jab bhi hum inventory valuation karte h tab cost or NRV dono me se jo kam h us par karte h, lekin aiesa kyun?
Aur agar entity chahe to sirf cost pe bhi to kr skti?

i have asked "x" to deliver material to "y" by charging CST on his invoice,after this i have raised invoice to "y" as E1 sales with out charging any tax on invoice and collected C form from him.And i have issued c form to "X". My doubt is whether i should collect E1 form from "X" or "Y" . Please guide me on this.

One of my friend made contract with PCS to work on behalf of the company at any TATA Project then manager of TATA refuses him to work in his office. Now my friend was called that he could not do job at PCS and my friend says that"he will do the job at other project of PCS". And the second project is far away from his resident (in another city) and my friend wants HRA(House Rent Allowance) to do job at the other place but PCS do not want to provide it and want him to leave the job. Can my friend Claim Against the PCS Company???If yes under Which Law?? and please provide related Case studis

ITAT has given favorable order and the demand is reduced to NIL. In this situation whether the tax recovery officer has power to say that "in the event of reference application/tax case filed before the Hon'ble Madras High Court by the department" the attachment cannot be lifted if so under what provisions the tax recovery officer can not lift the attachment.

I have a indian based pvt. com..we provide online facility to forigner companies. all recipts in forign currency. our company liable to pay service tax or not.With section or clause refrence... urgent vry

SIR I WANTED TO KNOW THE TREATMENT OF IT REFUND?WHETHER IT IS AN EXEMPTED INCOME???

A person receiving COnsultancy fees every month from an institute for teaching as well as providing useful inputs & material to the institute, TDS deducted@10% under 194J

"A" AN ADVERTISING AGENCY N "B" THIER CLIENT.

A RAISED THREE BILL ON JUNE JULY N AUGUST OF RS 21000 EACH N PAYMENT MADE BY "B" WAS ON SEPTEMBER,AN AMOUNT OF RS 63000 BY MEANS OF CHEQUE IN A SINGLE PAYMENT MODE. MA QUESTION IS WHETHER B HAS TO DEDUCT TDS ON THE PAYMENT TO "A"??????????

Had a few queries:

1.If we hire a trainee for 6 months/one year and he is paid stipend/out of pocket expense is it ok? Does he have to be taken in company payroll and given the statutory benefits. How will his stipend be treated as per income tax law?
2. Can medical reimbursement which is tax exempt upto 15000/- be given monthly? If paid monthly will it be treated for tax purpose as medical allowance?
3. Can LTA be paid monthly? If it is tax exempt once in 2years than can we exempt the employees on production of bills in one year and tax his lta the consecutive year?