We are taking over management of running hospitalwhich ready posstion on paying rent or royality or monthly consideration of Rs. 3.60 lacs per month The owner / landlord is demanding to pay us extra the service tax on rent or monthly consideration @ 12.36%
can we get input credit of the service tax paid to landlord
are medical services or part of it such
room rent admission fees , operation theture charges etc under service tax and if yes under which code
also i want guidence how to structure the agreement whether it should be rent agreement or roalytee agreement etc

Dear all,
What are the consequences of late remittance of ESI deducted from gross salary?

Wheather Deduction u/s 80G is available for income from Winning from lottery & Crossed word Puzzles Sec 115BB
If the Income from the said is below Taxable Limit 150000/- can we claim basic exemption

Hello, Please suggest me 3-4 names for a Pvt. ltd. Company whose main object is-

"to carry on the Business of undertaking Turnkey Engineering Contractors, planning and project execution contractors to individuals, firms, companies and other persons in relation to petroleum retail outlets, crude & refined petroleum oils, natural gases, oleasgenous & saponaceous substances, and to act as, managers, co-managers and providing services for general, technical, quality control, project identification, tie ups and all services to oil companies, oil field services.
There is two Company who are the promoter of the Company viz. Hexagon-Midco India Pvt. Ltd. and Oilco Services India Ltd.

First our Director also decide the name as Hexagon-Oilco Pvt. Ltd. but they disliked that.

now u please suggest name which does not include the words of Promoter Company name

ear sir/madam,

A company is purchasing & selling regularly shares of listed company. The company is in construction business. My Query is:

1) How to value closing stock of shares? whether AS-2 would be applicable? whether the provision for loss would be made on individual basis or on aggregate basis?

2) Whether the profit/loss on sale of shares should be taxable under the head capital gains or speculative gain as provided u/s 73?

thanks
arjun

Can i give the benefit of Loss under House Property of let out property of Rs. 2.50 lacs while calculating the TDS on the salary of employee

One of my colleague has withdraw his PF contribution of his earlier employer after completion of 5 Years. Though the withdrawal is exempted income under the provisions of IT Act, whether this income ( withdrawal of PF) should be shown in his income tax return? If so, where it can be shown in the return?

Dear Team,

i had got my PE2 results..
i got 69 in accounts and 21 in business & corporate law.
for auditing i got 62 in my earlier exam i,e may 2008.
i claimed exemption of auditing in the nov 2008 exemption. now my doubt is can i claim both the exemptions of accounts and auditing...?

kindly reply team.........
with regards,
ashok
(r.ashok1@gmail.com)

Dear All,

If buyer supplied the packing material i.e jute box for supply of material, whether cost of packing material to be amorotised and added in assessable value or not.
i.e excise duty is to be paid on packing material or not.

Please advise.

Thanks & Regards
CA. B.K.BANSAL

individual person receiving professional income.

suppose he take loan in the name his dependent parents.

such loan payment is done by his son from his account.

can his son claim interest and depreciation from his professional income or it can be claim by his parents