Respected professionals,

my frd is working in some co. as software engneer. but his co. show him as a private contractor instead of salaried employe. my frd does ful time work at their office (9.00am to 7.30pm)& not work for any other person & his salary does not contain any allowance.i.e. hra, ca, etc.;

is that income is salary or business income. if it is PGBP than can he claim petrol expenses from his income.

thanks in advance.

Regards,
Naresh Kansal
CA Student)

Can I know the eligible exemption of special allowance given to a non-armed force employee to meet the personal expenses while on duty? Thank you.

Respected Sir,

Is profit on sale of my personal car (on which no depreciation is claimed) taxable.
If yes, then whether it is taxable as Capital gains or as Income from other sources.

Thank You & Regards.

I am running pvt. ltd. co. and I am provided rent free unfurnished house to an employee. My company has liabile to pay FBT on rent free unfurnished House? And it is taxable in the hand of employee?

Notification no.8/2007 stated that RWA is exempted from service tax applicable u/s 65(105)(zzze)provided
1. the membership to the association is by the status of residency and
2.the amount of contribution received by each resident does not exceed Rs 3000pm
My query is if the contribution exceeds Rs. 3000pm but the value of taxable service in this contribution is less than Rs. 3000 pm, then is service tax applicable to the RWA and on what amount. The RWA receives a consolidated quarterly amount from its residents towards various facilities provided.

I have properties in Delhi, let out in Feb 09.

Some one says that in view of stay granted by Mumbai high court he is not paying the service tax in Delhi

Pl advise me the correct position and also what is the subejct matter of Mumabi high court suit & decision thereon

hello Sir,
My name is Varun Aggarwal takin my PCC attempt on june this year. i m graduate as of now and thinking of pursuing something else apart from this but giving proroty to my CA career first , i m confused what to do now and from where???

kindly help me !!!

regards,
varun aggarwal

varunaggarwal87@gmail.com

Dear Sir/ Madam

On freight inward we can avail the service tax modvat or not? And also I want to know that the logistics party can deduct the service tax for surface mode on inward bill or not?

Vandana

can service tax for several months be paid in one single challan, suppose for 15 months pending service tax payment

sir
i am an account writer please say the account WIP (work in prog) what does it mean and in which type of account should it be shown and what are its expense types.

i am writting a accounts for a building project he is a builder what is WIP and how is it calculated.please guide me.

regards