Income Tax QnA - Page No 25300

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prakash kumar

20 January 2009 at 18:48

section 80C

hi, LIP Amount paid in cash, this amount is Deductable under section 80C ?

Kamaraj Mani. N

20 January 2009 at 18:41

GTA - Detention Charges

At the time of calculating Service tax, how i have to treat the Detention Charges?

FLAUBERT FRANCIS

20 January 2009 at 18:24

VENTURE CAPITAL

Sir,

I want to know which banks are into Venture Capital and also I want to know in detail about VENTURE CAPITAL.

Thanks
SF FRANCIS

shashank

20 January 2009 at 18:18

We are in the business of construction of mobile towers and renting the same.
We charge service tax on such rent.

We take services from contractors for construction & installation of towers against which they charge service tax on such services.(service tax on works contract)

This would be services for construction of fixed assets.

Now my question is whether we can get input credit on such services?

Also suggest wether we can get input credit for excise duty paid for purchase of capital goods.

CA.NAKUL GUPTA

20 January 2009 at 18:10

industrial traning

please tell me in detail about industrial
traning. i am waiting for my C.A. p.c.c.
results of both groups given in nov.08 .
i am woking in a middle firm but if i join
industrial traning then company will not
give any leave for study and with no practice how can i give exam in nov.2010 for
c.a.final so i am confused and want to know how rank holders do in these type of situation whether to study or do practical
traning with no study time due to heavy work load of big co. work in industrial traning.

Ca. Alok Gupta

20 January 2009 at 18:08

service tax on real estate com

my querry is that

we have construct a building having more than 12 residential unit.

will service tax exempt if we made a development agreement with owner.

or is there any way to save service tax liability?

Pankaj Mall

20 January 2009 at 18:08

What is the rate of tax u\s 111A?

Ajay Kumar Choudhary

20 January 2009 at 18:08

MINIMUM ALTERNATIVE TAX U/S 115 J

Dear Sir,

A Priavate Limited Company has business income is 0, But in the mean time There is a Short terms Capital Gain of Rs. 3,00,000/- and Long Terms Capital Gain is Rs. 12,00,000/-. All STCG and LTCG are from Investment in shares.

While calcualing the tax. The company is liable for MAT U/S 115J of Income tax Act,

Please suggest us