My co. is a pvt. ltd. company. we have paid advance rent rs. 6,75,000/- + s.tax on 04.06.08 to individual for new premises for leasehold. that amount is to be adjusted Rs. 75,000/-+s.tax @ 9 months (july'08 to march '08). But we shifted on 01.09.2008 at the new premises earlier i.e. (june '08 to aug '08) we were at old address. we have update our address in service tax department/roc w.e.f. 01.09.2008. total rent rs. 225000+st now we are paying 1,50,000+st after adjustment of rs. 75000+st. Can we take benefit of Cenvat credit in service tax.

Regards,
lalit

Can we purchase GOLD above Rs.20000/- in cash, It is allowable or not as per I.Tax in gold bullion business

If the TDS is not deducted on int. on FDR for the first two quarters as the threshold limit was not exceeded, whether the TDS on int. is subsequent quarters when the exemption limit is exceeded should be deducted including the earlier escaped amount of interest.

Hi,
Can you suggest me best book for Direct Tax paper of CA Final May 2009 attempt.

pls send me the date of results of pcc-nov-2008 results as soon as possible

pls tell me is lta taxable

How we can verify PAN.
I have a PAN AIKPJ1210B, Can anyone provide the name of the person?

THE ASSESSEE IS A NEW UNIT PROVIDING SERVICES ON 01-11-2008
SUPPOSE IN THE F.Y 2008-09 ASSESSEE RECEIVE RS 8,00,000 FOR SERVISES RENDERED, AND IN THE F.Y 2009-10 RECEIVED RS 20,00,000, AGAIN IN F.Y 2010-11 RECEIVED RS 2,50,000 AND IN THE F.Y 2011-12 RECEIVED 12,00,000

MY QUERY IS WHETHER IN THE F.Y 2011-12 THE ASSESSEE IS REQUIRED TO PAY SERVICE TAX ON 12,00,000 OR RS 2,00,000(12,00,000 - 10,00,000)

ASSUME THE EXEMPTION LIMIT IS REMAINED RS 10,00,000

Dear Sir/Madam

I am an accountant in Company.I am new Here.i would like to know what is service Tax & Cenvat.How much rate is applicable in Haryana.What are there revision rates?
Plz help me........

15 % Machinery Block on 20th June 2008 - Rs. 1.90 lacs
The Block comprises only a Car.

The Car is sold for Rs. 4.00 lacs on 21 st june 2008.

A new car is purchased on 20th August 2008 for Rs. 7.00 lacs.

My queries are

1. What is the balance of the 15% Block as on 31st march 2009 before depreciation?

2. Whether capital gains tax arises or not?

3. How is the profit on sale of car is taxed here?

Please solve my queries.