Sir,
Our's is a Customised Software Development Company, Till date we are paying Gujarat VAT @4% plus 1%. Now Central Govt Charged 12.36% Service Tax on Customised Software Development Company (Ref : Notification no. 18/2008 - Service Tax w.e.f. 16th May, 2008

Now what we do Either we pay VAT or Service Tax?

And if both are applicable then how can our customer take reimbursement of Tax and on which?

It is unsolved question and no body is clear in this matter. Hope you will guide us correctly.

Thanks

Pradeep P.

Can you please tell me whether TDS to be deducted on service tax for professional charges and contract charges.

can any one give me list of accounting entires for cenavt & PLA entires

I have completed my training. but after that my chartered didnot allow me leave, he says that i take leave from 1st of september.
so please tell me what i'll do.
answer expected from those who himself is a CA on my mail
gurpal2008@gmail.com

It is the liability of company/director to deduct TDS on the salary amount paid to the employees taking into considerationInvestment declaration made by the employee.

Now what will be the remedy for company when employee left the job in middle of the year without making investement and his TDS deducted falls short on his salary paid to employee for that period.

Rgds/-
Anil Jain

Hi experts,
Plz suggest me if I should invest in mutual funds at this time.
My investment horizon will be long term. Plz tell about good ELSS funds.
Should I average my portfolio by purchasing more units or abstain from it.

Thanking in anticipation,
Vinod

Dear Sir/Mam

i am pcc student please clear the point set off & carry forward depreciation in same year & following year.

in waiting
vaibhav

hi,
i have a doubt,when will the expenditure payable and outstanding expenditure exists
(according to my thinking,payable exists when the right to payment exists and outstanding exists when the payment is not been made till the balance sheet date)

hi, i have a doubt regarding the incorporation and commencement of business

1 Any profit earned by a company before incorporation of business is considered as pre incorporation profit
however, 'if a public company earned any profit before commencement of business certificate and after incorporation' then what shall such profit be called.

2 can u give me clear information of about when a capital workinprogress and any expenditure earned before or at the starting of the business be considered as capital workinprogress
(RESOLVE MY QUERIES PLEASE)

Hello Everyone

I am a student of C.A final
I want to know whether in Indirect Taxes Paper all notification & circulares in study material are to study in details
or Whether short mention is enough (Ex.16/58/2002)
FOR EXAMINATION PURPOSE

Pls help me on this issue