Friends i present you the situation herein below and hope to get some of your answers:

We have company situated(Regd Office) in Bangalore, Karnataka. We deal in Corporate Interiors (Works Contract). Recently we are about to get a contract in chennai,Tamilnadu.
Now i want to know how to deal with this.

1.Should i show the Chennai Work as Interstate works contract? If yes, then what is the VAT(Percent) i can claim from my client? whether C Form can be issued by my client for Works Contract?

2.Should i register for VAT in chennai and treat the contract as Local (for Chennai)

Please put some light on this

Regards
Ajith

can you just clarify me wether if we want claim the cenvat credit on service tax our turnover is to be more than one crore.is there any turnover specified in the Act.

Hi,

Can anyone tell me which TDS section is applicable for payment in respect of Public Relation Service?

Is it 194J or 194C?

Please answer this query as early as possible.

Thanks in advance.

Dear Esteemed Members,

I am confused with regard to last date on or before which TDS amount is to be remitted in order to escape from disallowance of the related expenditure by the Assessing Officer.
One of my friend informed me that the TDS amount is be remitted on or before 31st March failing which the amount on which TDS made will not be allowed as deduction.
In the case of salary payment, the payment is made on the 1st day of the succeeding month. Hence salary due for the month of April’08 paid on 1st April and tax deducted is remitted on 7th April. Kindly inform me whether such situation attracts disallowance enumerated in the Act.

Regards,

V. jagadeesan

I am a Manufacturer (other than maharashtra), get repaired a machinery with Material from Maharashtra. Vendor Charged me Composite Maharashtra Vat @ 8% and Comopsite Service Tax @ 2% on a Invoice prepared in 2007-08.

Can I take CENVAT Credit on service tax Paid on Repair Charges and if yes, state what is the Percentage of CENVAT Credit is to be taken?

And, in future Can CST @2% is leviable in place of Maharashtra VAT because i cannot take Credit of VAT due to Inter State Purchase.

Please Reply fast...

Hi !
Can anyone tell me whether all the Directors of a Listed company can be appointed permanently, without being liable to retire by rotation in an AGM and remain uncovered from the disqualification under Section 274(1)(g).Special reference to a sick company reffered to BIFR.

i'm working in a service provider firm.

we genrate a service bill to our clint everymonth but as per terms they paid after 60 days. i want to know that march month entry when i should entered in our books & how to service tax provision i have to do. pls specify enrty if possible.

Hi,

One of our client is not a chartered accounts but provides the following services and gross receipt exceeds 10 lacs. Please let me know if he liable to collect service tax.

· Account writing services
· Providing professional advice on various accounting items
· Filing of income tax returns


Best Regards,
Samir Ambavi

I just wanted to know whether common seal applicable for private limited company becoz as per my knowlwdge common seal is totally out of picture from companies act.

Please its urgent and if applicable then specify the documents where it is required to affix.

Thanks

Hi, I am Brijesh Gandhi will be appearing for CA final Exam in Nov,2010. I am doing my articleship from Bansi S. Mehta & Co. and registerd for Final in 14-AUGUST-2008. I had also join CS course, but not yet registered in institute.

Will you please guide me that how can I resolve this problm.
What amount of penalty I should charged for this?
Is it affect my CA final course?