p.k.k srinivasa rao
26 February 2009 at 16:04

About sec 10A & 10B

A software company exports its software,for this they will get exemption under 10A & 10B.They had to file SOFTEX forms to STPI within 21 days after raising the invoice as a liability towards their Export.If they fail to file the required forms within the time and additional time also,whether there is any Denial in the exemptions provided to them?


CA Dhaval Karia
26 February 2009 at 15:55

FBT

The Marketing People will go to different states by using their own Car. so under which head we will take that Exps?


FBT Rate on it will Be 5 or 20 percent?


If we will make contract with them about their use of the car & can take it in to 5% FBT?


Saurav
26 February 2009 at 15:42

Salary related

Dear All,

My company is paying fixed medical and Leave Travel allowance to the employee, which is payable after deduction of TDS. Is there any exemption under medical and leave travel allowance . If yes under which section of the income tax act.
Remember that amount is not reimbursed by employer.


hiral
26 February 2009 at 15:26

service tax refund

which form is applicable to claim refund of service tax paid on various services used to export goods (like cotton)please provide me form name & from where i get it?


ADARSH
26 February 2009 at 15:16

Refund or adjustment against dues

Is it compolsoury to take refund of service tax paid by exporter as per Notification 40-41/2007 or they can adjust the ST against the Excise Dues of the loacl business.(CENVAT CREDIT)


Kushagra
26 February 2009 at 14:50

service Tax credit on GTA

hi

can a service reciver of GTA who is liable to pay service tax can adjust the service tax liability with the serive tax paid by it on REnt, professional services received etc for which it had credit in its books......??


Mohd Sarfaraz Latibani
26 February 2009 at 14:20

Petition u/s 154

Sir,
I want to know Whatis section 154. How can we file a petition u/s 154?

Thanks


Chintan Vasa
26 February 2009 at 13:44

clubbing provision

x has gold of Rs.500000. he transfers it to his wife & she sells it for Rs.600000.
the capital gain arising from it would definitely be clubbed with X's income. Now his wife deposited the amount in bank FD & earned interest from it.
My question is would this interest earned be clubbed with X's income?


$AcH!n G
26 February 2009 at 13:37

FUTURE OF CA CS CWA

I HAVE GOT A NEWS THAT IN FUTURE THERE'S ONLY ONE DEGREE IS ENOUGH TO GET MEMBERSHIP OF ICAI, ICSI. ICWAI. IS IT TRUE.
BECAUSE I AM GOING TO JOIN ICWAI,SO PLEASE GUIDE ME I JOIN IT OR NOT.

THANKS
SACHIN GUPTA


Amit Kanodia
26 February 2009 at 13:31

Amount adjusted as compensation

Actually i provide amenities and against that we charge service tax, now at the time of termination of agreement client's security deposit has been forefitted by us.... now the amount received has been treated as income from other sources as per income tax act.......... now the question is whether this amount is subject to service tax..... in my view when we are not providing any service after the termination of agreement y we sud charge service tax....

ACTUALLY AMOUNT HAS BEEN FOREFITTED ON A/C OF COMPENSATION CHARGES.






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