1. DOES ANY SOFTWARE DOWNLOADED FROM THE INTERNET ALONG WITH ITS KEY AND SUBSEQUENTLY SOLD ATTRACT SERVICE TAX? THESE TRANSACTIONS ARE DONE CONTINOUSLY AS BUSINESS.

2. WHETHER ANY TDS TO BE DEDUCTED ON PAYMENTS MADE FOR PURCHASE OF SOFTWARE THROUGH THE NET AND SOLD SUBSEQUENTLY?

FOR BOTH THE ABOVE QUERIES VAT/CST WILL BE PAID ON THE SALE MADE IN INDIA.

Dear Sir,

Pls, give me changes about TDS for FY-2009-10

Harish

Dear all,

Can any body tell me how to calculate value addition for applying the refund to central excise.What is value addition & how can it be calculated. Pls suggest with an example.

HI

I am a student of CA Final appearing in november 2009, there are some news like the november attempt will be held in December and May attempt will be held in June always.

Does it correct if yes whether there is a notification in this regard.

Reply please........

My friend is doing the business of transportation. He pays the freight to unknown truck owner (100% in cash as they not accept the cheque) around Rs. 100000/- daily for delivery of the goods and charged Rs. 105000/- from the client as freight.

Problems:
1. Paying freight Rs. 30 lakhs in cash in a month.
2. Not deducting the TDS

What can happen? Can he file his ITR showing net income as commission?

The High court has given the decision that no service tax is leviable on the renting of commercial property hence forth. So will this be applicable to all over India or just in Delhi.

And if yes and according to this order we do not charge service tax on the rent but if the government challenges this order in the Supreme Court, which is more likely then what will be required to do after that. Can we charge/ adjust in the subsequent invoices.

One more thing the DH says that that this order is applicable with retrospective effect from the day the tax was levied on commercial property rental.

Please do reply in brief.

REQUIREMENT FOR REGISTRATION IN WORKS CONTRACT, RATE OF TDS/WCT/SERVICE TAX ETC.

IF ANY CHANGE FOR WORK CONTRACT FOR ROAD CONSTRUCTION WITH MATERIAL.

What is the procedure followed for accounting of Call and Put Option trading and aslo the tax liability.
I mean Journal Entries required to pass in tally for taking the effect of such trading.

we are the manufacturar exporter of the medical disposable items

we are register as a manufacturar exporter under central excise

now we have some order from overseas for the product which we can`t manufacture
now we are purchasing this material from the domestic supplier and want to export it we are not manufacturing this material we are only purchasing and exporting
can we do this without registered as the merchant exporter

pls advise

If March Salary provision made on last day of month.so when i can deposit TDS on the same. i.e 7th April or upto 31st May.