My client is proprietor and doing cement trading and earn commission from company.

He was registered him self as BAS category service tax receipiant in Jan 2005.

His turnover never cross for pay service tax pay hence, he was not collect service tax nor pay service tax and service tax return. Now he want to surrender his STR Certificate but ST Inspector say he must filed ST return along with panaly.

Now what i can do?

The assessee is a Pvt Ltd Co and comes under Works Contract in case of Service tax.The reteurn for Fin Yr 2007-2008 was filed on 25/8/2008 and the liab of Rs 380,243/- was paid on 25/8/2008.Needed to calculate the interest for the late payment of tax.Wt would be the amount of Interest.

the assessee comes under works contract fir charging service tax.The return for fin yr 2007-2008 has been filed in aug 25/8/2008. and even the liability of service tax which comes to Rs 380243/-is paid on on 25/8/2008.It is a Pvt Ltd Co.,need to calculate the Interest for thelate payment of the same.Want to know the basis and the amount of Int chargeable.

Regards
Rashmi Poojary

I am an exporter concern. My firm dispached a consignment in Nov.2008 from Delhi to Mumbai to ship it UK but it was being hold by buyer in Mumbai port. The same was stored in Mumbai CHA Godawn while Now in Feb.09 this shipment was returning from mumbai to delhi in our store while we have included it in Nov. Sales. How to book this trasaction is this sales return or cancelled sale

A listed company Board comprises of:
1MD,1ED,3 Non-Ed(2 are independent).
Total board Strength is 5.
Md, ED- resolution appoints them for period of 1 year,
Artciles say " MD/WD shall not be liable to retirement by rotation."

Is Section 255 complied??

I purchased a property which is under construction.Can i claim HRA and loss of house property. they both are in the same city.

Hi i ahve this doubt abt claiming hra n interest on housing loan simultaneously when an employee is owning a house property declaring it as self occupied and also claiming HRA in the same city.


for example an employee is staying and working in bangalore claims HRA as well as interest on housing loan on a property which he claims as self occupied.

Is there any case law or a section restricting the same please state the same.

thak u harini

When should Form 1B be filed when Change in the name of a Private Company is under Process??

What is the treatment of preoperative expenses for accounting as well as income tax purposes?

What is average rate under AS 11? In case of huge fluctuations in exchange rates during a particular month or months can we adopt daily rates for average rate ? Can a company adopt daily rates for non-voluminous transactions and average rate for voluminous transactions during a period where there was huge fluctuation in exchange rates (it was not realised while booking the entry, it was realised while closing the books)?