Sir our client has setup a unit in rurkee where he got a tax holiday for excise,income tax,etc
now my question is can we claim refund of input service tax. Service are used to produce goods which will be sold in india duty free.

and again if we import services for such units in rurkee, willwe be liable to pay service tax under reverse system.

Hi,

Land purchased on 1.5.1998 for Rs 500000
Cost of Improv. on 1.5.2007 Rs 300000
Sale Proceds on 1.5.2008 Rs.1250000

Index coa 784900

What will be the treatment of Cost of Improvment? It STCG or LTCG?
please suggest
thank

I have Sold a Res.House Property on 21.10.2008. The house was purchased in the year 2004-05.

I have also purchased a plot on dated: 09.05.2007

Can i claim exemption U/s 54 by constructing the plot purchased on 09.05.2007 ?

Give Some Case Laws if exemption can be claimed

hello friendzzzzz
is f.b.t is levievable on expenses which r disallowed under income tax?or it is paid on oxpenses which we book in our accts book i.e. as per co.law.....
example : there is repairs of motor car n we deducted t.d.s but we didnt pay it so our exp.will be disallowed under i.tax and it will be allowed when we actually pay t.d.s so my quest.is when our liabilty of f.b.t will arise when exp.will be allowed or now?

hi,sir i am anurag upadhyay.i want to know about buy back.how buy back inhance pe ratio and eps.and how it increases the promoter stake.i am waiting for reply. my email id is visionaryanurag@gmail.com thanks and take care

Hello Sir/Madam

I had cleared my PE-1 in 2004 and appeared for PE-2 till Nov 2008 but still unable to clear it.

I m also holding a M.com degree.Then I switched over to MBA ,now I m doing PGPM in Finance which will complete by 2010.

Still I want to clear my CA , as it is my dream. Advice and guide me.what should I do to plan out my career.

Thanking you

Praveen Sharma
bangalore

i had lent my house property on rent and now security deposit has been forefeited at the time of vacant, what will b the treatment of the amount received whether it will b adjusted against rent or will it be charged to income...... also let me know if i will et any deduction in this regard.... urgent

Please inform me whether there is any notification relating to the ceiling of input credit within six month of date of payment of bill?
Describing it if i pay the bill of Rs 112.36 including service tax of Rs 12.36 on 1st April. Then is it neccessity that i must utilise the credit with in six month period i.e. 31st September.

please resovle my query..

Dear All,

"As per the Chapter -4 of the Central Excise Manual, when an assesse is compelled to cancel an invoice than he should give the intimation of the cancelled invoice to the Range Suprintendent on the same day whenever possible. However in case of exceptional circumstances beyond the control of assesse should this be not possible , the intimation should be given to next working day".

I want to know that in case we are dealing in Excisable goods but we are not manufacturer and we are a trader than is the abvove mentioned Law is applicable to us.

Aslo kindly clarify with the sections or rules where I could get the details and also the penalty provision in case we are not following the above mentioned rule.

Thanks & regards

Manish Kr. Joshi

Whether it is compulsory to pay service tax on advance recd for service which is being cancelled