where in income tax act it says that salary can be assessed on receipt basis?
If my salary is due for february to march08 but i get the money only on august 08, which AY should i take for assessing it? 08-09 or 09-`10?
does a company rendering service from a individual truck owner liable to collect service tax from such transporter. the defintion of commercial concern was changed in Budget 2006. does that mean that upto enactment of 2006 budget company was not liable to pay service tax for such services from a individual truck owner which would not come under the defintion of gta.
A has to make payment to B, it asked C to make payment to B on behalf of A. Now C paid 500,000/-to B on behalf of A and in the books debited to A as loan also A passed corresponding entry in his books showing loan taken from C. Now ITO wish to impose penalty u/s. 269SS as loan was not taken by account payee cheque. Pl suggest arguments along with case law with citation.
Regards
I want to know if Service Tax is Payable on Build Operate & Transfer (BOT) Projects awarded by the Govt. Departments?
If applicable then on what component, as there are lot many components going into collecting the said charges from the users eg. Fixed Cost, Interest Cost, Routine Maintenance Cost, etc. AND Contractor i.e. BOT Operator's Profit element.
IF I JOIN A JOB CAN I WRITE CA BEFORE MY NAME?
Dear experts...
Can any one tell how to analyse cashflow statement.i mean how to know weather a company manage the cash well or not with a cashflow statement.
COULD NEBODY EXPLAIN ME THE TERM "RETAIL BUSINESS" IN THE CONTEXT OF SEC 44AF. DOES SEC 44AF APPLY TO A GOLDSMITH,SPARE PART SHOP OWNER?
COULD NEBODY EXPLAIN ME THE TERM "RETAIL BUSINESS" IN THE CONTEXT OF SEC 44AF. DOES SEC 44AF APPLY TO A GOLDSMITH,SPARE PART SHOP OWNER?
Is Depreciation incase of COMPANIES a charge against profits or appropriation of profits
For calculating Tax liability in Form 704 (Maharashtra) can we take set of between CST 12.5% (Unregistered dealer) with CST 3% (registered dealer).
Thanks in Advance.
Thanks & Regards.
Mahendra
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Receipt basis