Dear All,
I am working in an IT enabled service provider organisation.We provide AMC & maintainance services to customers.
While making monthly payment of service tax, we adjust input service tax paid & pay net amount.However there is one problem i am facing that service tax input paid on services like telephone, communication, banking & finance , transportaion,repairs & maintainance etc. is more than service tax collected .
Now question arises that should we pay service tax for the particular month or claim for refund ?

Dear All,
I am working in an IT enabled service provider organisation.We provide AMC & maintainance services to customers.
While making monthly payment of service tax, we adjust input service tax paid & pay net amount.However there is one problem i am facing that service tax input paid on services like telephone, communication, banking & finance , transportaion,repairs & maintainance etc. is more than service tax collected .
Now question arises that should we pay service tax for the particular month or claim for refund ?

We have parternership firm, I got late in depositing the amount of service tax, but I deposited the amount with interest after due date, and also filed the return well in time, Now Central excise authority says that they will charge penalty @ 200 per day by issuing show cause notice on our firm, kindly resolve my this query with proper reference and background.

Surinder

1.whether vat can be levied on the sale of the fixed assets which is not regular business of the aseesee?


2.in service tax on transportation,there is a provision that on 25% of the total frieght,service tax can be levied. my query is that whether the person who has paid such service tax ,can he claim credit of such service tax?

pls reply as soon as possible.
with regards,
C.A.NISHIT DOSHI

Payment should be made by Account payee cheque only, for Purchase of goods whether it means that payments should be made to the Purchaser only, and not to third party on behalf of purchaser.

By amendment in the Taxation Law (amendment) Act, 2006, the word "an account payee cheque or an account payee draft" was substituted for the word "a crossed bank cheque or a crossed bank draft"

In the banks balance sheets, the advances which were mentioned are Gross Advances or Net Advances? Definition of net advances is Gross advances – gross NPA.

What is the reason to build investment fluctuation reserve? What is the use for the same? How it can affect the profitability of the company? I mean if I have a investment fluctuation reserve can I set off any loss on investment against this and not taking the same to PL account.

Can some one suggest me good reference books... tat ll help as self study material tat dont need attendin classes for ca final... do suggest me best books for ca final new syllabus... am very much in need of ur suggestions and guidance... and my attempt falls in nov 2010... i think startin early will help me...

please provide me details of sale of inharant ag. land.,how i calculate capital gain if applicable?what is tax rate/treatement.

Hi all,
Whether Income From Salary received in Dubai will be taxed in India? and what will be tax treatment of Income from Property and Income from Other Source received and accrued in India in such case? Pls help me on the basis all the three type of Residential Status in both the cases?