dear sir,
the facts is that ourcompany(Infinite shipping&logistics Ltd) acting as a pureagent on behalf of occeaneering international.
my query is that when we collect car hire charges from principal for providing services from one place to another place for job work, whether that amount attract vat, if it is attract under which section it is taxable and also tax rate.
please clarify my doubt

Yours
Narendra Kumar

author : Amit Kumar

Posted On
27 April 2009
Dear Sir
A Lessee of Financial Lease can claim deprecation (as Expenses) under income tax ACT (Plz refer circular no/Section of IT ACT)

I am a pcc student, please explian me that is there is any provision relating to temporary suspension of service tax registration if our gross receipts is below 9 lakhs for the time being or it is neccesry to cancel the service tax registration.

what sould be done if wrong address has been mentioned in PAN form and status is shown that pan has been delivered to that address. How to recover that pan to the correct address

if PCC attempet is due in NOV. 09 than till what time ITT should be completed?can any1 appear in NOV 09 PCC attempt if his/her ITT start in AUG 09?

A person's gross receipts from the profession of tax consultany and audits etc. are Rs. 120000 and from coaching classes are Rs 50000.For the purpose of gross receipts for the said case, Both receipts will be considered seperately or jointly. Would anybody plz clear it to me if he is required to maintain books of accounts compulsorily or not and why??????

what is ment by Preferential Allotment of Shares? How to Do the Pricing for Pref alotment?
Pleading of Share what does that Indicate?
How can Promoteres Bring the money received by pleadging share into the company?

dear all

i am a service provider . i have changed my place of business from fort, churchgate to belapur navi mumbai 3 months before. i had applied for cancellation of previous registration on 24/04/09.

my question is can he collect service tax at belapur although she has not registered at belapur.

The process of realization of export proceeds from buyer, two banks viz exporter’s bank in India and nodal bank in foreign country render their service
and both of them recover ‘Bank Charges’ for services rendered by them.

When an exporter receives export proceeds, their Bank in India sends export documents to their Foreign Bank for further necessary action. Such foreign banks then proceed further and realize export proceeds from buyers. They remit the export proceeds at prevalent foreign exchange rate after deducting their Service Charges to Exporter’s Bank in India.

Whatever charges deducted by Foreign bank, Service tax is liable on it?

The firm in which i am article has 7 partners.
Head Office in Haryana and branch offices in delhi and bhopal.
one of the partner under whome i am registered has now resigned from the firm from jan 2009.( office at Bhopal )
Now he has started a new firm under his name in BHOPAL.
I am still working in delhi office.
please tell me what should i do
my principal is in Bhopal office and i work at delhi office
is it permissable.

Please suggest me
I am very much confused.