One of my client has got construction work from Sbi for holiday homes. These holiday homes are exclusively for the benefit of the employees and would be given to them at a very nominal rate, i.e. not for profit basis. Will service tax liability arise or will there be exemption as it is not a commercial construction service.

what will be the cenvat credit for commision received from business auxilary service. we have received commision from BAS service which is a output for us, so what can be the input for us

one of my client purchased residential flat on housing loan during F Y 2006-07, His interest on this loan is Rs 3,40,000/-. I had taken loss of Rs.1,50,000/- in his computaion of Income u/s 24.

I want to ask that can I add remaining interest amt i.e. Rs.1,90,000/- (340 - 150)in his cost of flat in balance sheet??

I have not deducted the TDS for the whole year . what can I do now

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Can i fill the return of nil tax ,without any providindeduction. i mean to say Suppose profit 1,65,000/-,Expenses-32,700.Total Income after Expenses 1,32,300/-.Whether income tax depatrment accept the return or not , if not then please tell me the section.

whether book fee paid is a part of tuition fee and accordingly claim deduction u/s 80C

Dear Friends,

Plz tell me is there any way out to avoid forfeiture of 10% upfront money deposited earlier in compliance with sebi Preferential allotment Guidelines as we are not able to convert warrants issued on preferential basis in to equity shares with in 18 months as required by sebi guidelines.

For your ready reference find below the extract of Preferential guideline:

Provision related to Currency of financial instruments

In case of warrants/ PCDs /FCDs/ or any other financial instruments with a provision of allotment of equity shares at a future date, either through conversion or otherwise, the currency of the instruments shall not exceed beyond 18 months from the date of issue of relevant instruments.
Regards

1. Whether CENVAT CREDIT can be taken on service tax paid on insurance premium amt. of following policies.

A. WorKmen compensation
B. Group Mediclaim Policy
C. Group Personal accident policy
D. Motor Car insurance premium

My friend is a student of P2 and this is last attempt for P2 on June 2009. some suestion is stucking in my mind. so i kindly like some clearification.

1. he is appearing in one group then can he convert into ippc/pcc after June 2009 examination result??

My friend is a student of P2 and this is last attempt for P2 on June 2009. some suestion is stucking in my mind. so i kindly like some clearification.

1. he is appearing in one group then can he convert into ippc/pcc.