If a companey had huge amount of accumulated unutilised Cenvat Credit of Service Tax and in the year 2009-10 company decided not to show this amount under cenvat CreditRecoverable account as cuttent asset and want to charge whole amount to P & L account as Service Tax as expenditure. will this amount be allowable in the computation of Taxable Income (under Income Tax) as a deductible expenditure of this year or the amount pertaining to earliear years booked under Cenvat credit recovrable a/c will be disallowed as Inadmissible expenses being Prior Period.

Hi,

We have a Service Tax Reg. no.under Manpower Recrutment Agency, we shifted our reg. office from one location to another location, in Shop & establishment Cert. we already changed the Old Address now we want change the Adress at S.T. Reg. Certificates so, what is the procedure for it, & which form we hav to fillup , please guid us.

thanks in advance.

Hi,am working in Media compnay as exec.finance
which tds to be deducted on invoices recd for providing content for articles to our local newspaper & taking mock cat sessions & results of same to be published in our newspaper also carry strategy workshop at their venue for our co.

I am confused whether applicable TDS is 194J or C.



Regards
Manoj varma

I have recd the Notice Under Section 143(2) along with 142(1)form Income tax dept.
In the notice 142 (1) in has been written that "personnel attendance is not essential . and give details as per AIR enclosed"


I have submitted all the details required
by the ITO as per AIR

My query is
Now whether he can conduct DETAILED SCRUTINY.

what denotes each alpha in pan no?
i know abt only two, status and surname. what means of remenaing 4 alpha in pan no?

Please Clarify anyone-

Whether service tax is applicable for Jobwork transactions (Between 100% EOU & DTA Unit):

1) We (100%EOU),will supply the materials to the Jobworker(DTA Unit) for Conversion Work and on completion of the work, they will return the finished goods.
2) Jobworker will raise processing bill for the jobwork.
3) Recently the excise authorities raise the above issue in another unit like us and requests to pay the ST on all kind of this jobwork transaction.
4) Is there any specific rule to charge the ST on Jobwork between 100% EOU and DTA Unit?
Thanks in Advance
Varathan

Do an exporter needs to have service tax registration for claiming refund of service tax paid on export related services?

is the person who charging such service tax should have registration?

Dear Colleagues,

Mr.A paid Rs.50 lacs as advance for buying property.Before agreement he thought of buying the property in pvt ltd co.Therefore he got a pvt ltd incorporated and made agreement for property purchased in the name of pvt ltd co.Amt of Rs.50 lacs paid by Mr.A as advance was trated a part of the considearation.

The amt of Rs.50 lacs was treated as unsecured loan in pvt ltd. Co.
Is there any viaolation u/s 269SS since it will be acceptance of laon by book entry?
Regards
c.a..paresh zatakia

Is there any minimum loan amount for which charge with ROC to be registered or all the borrowings against company's assets to be registered.

Dear Sir/Madam

We are a transporter(by road) and we have a service tax regn. No. but after april 2009 we have not charged service tax in any bill because the service tax paid by consignee(service receiver) so i want to know what is the proceedure for surrender of service tax regn.No.we will submited all dues of tax in sep-09(quarter) can i submit surrender application with (apr 09-oct 09) return.(st-3)

Thanks & Regards


Rajeev Roy