archana nigam
04 March 2008 at 12:51

resolution

for allottment of share by a private company what type of resolution is required ?


CA Praveen Chopra
04 March 2008 at 12:22

Hiring of plant & machinery

Is hiring of plant & machinery comes under the net of service tax after the Union Budget 08


harshit
04 March 2008 at 11:09

tds deducton on vat bill

Our compay given contract for printing of stickers, brouchers and flipcharts to outside party.

Bill amount was Rs.19590.00
on that VAT - 4% Rs. 784.00
-----------
Total bill amount Rs.20374.00
-----------
on that TDS Rs. 462.00(2.266%)

this procedure was correct or not?

Tds deducted with VAT or without Vat?
Please solve sir, I am waiting for your valuable suggestions.


kumar vikas jain
04 March 2008 at 10:54

TDS on Bills inclusive of service tax

Dear sirs, first of all thanks for your guidance on my query u/s 269SS.
now there is another problem I am facing regarding TDS on bills inclusive of service tax. Since I am availing credit of service tax so I pass the entry of service tax in input credit account so in expenditure side i only book the net figure( escluding service tax). so the issue is that for diallowing of expenses i have deductred tax on the expense which is coming in p&l a/c but service tax which is claimed as input service tax i have not deducted any service tax. please guide me.


BIJAY MITTAL

Assessee is a partnership firm consisting of four partners.All the partner together introduces a sum of Rs 15 lakhs in the form of capital introduction.The query is whether the firm falls within the criteria for scrutiny selection considering that it comes under the non metro city


Nagendra Kumar
04 March 2008 at 10:10

unrecoznised pf

sir
employer contributes some amount to unrecognised pf and unapproved gratutity fund on behalf of employees.is it admissible expenditure in business under what section? if it is inadmissible it is taxable in the hands of employer.and same is taxable in the hands of employee at the time of receipt,so there is double taxation on same.how it is possible?please explain me elobrately.


CA R.S. Bansal
04 March 2008 at 09:11

Income Tax

what is reverse mortgage. what are the benefit under Income Tax for reverse mortgage


alok
04 March 2008 at 09:11

No. of transfer in articleship period

Hello sir,
How many times a article can transfer his articleship from one firm to another in total articleship period.
Kindly reference me the said clause or para.


Anil Khatri

Two individuals assessees(husband & Wife) having two separate service tax registration, jointly own a commercial property, which has been let out.

Can they save service tax by forming partnership. if yes, should partnership deed be executed before construction of property or can it be signed after construction of property?

Both the assessees are service tax payers in their proprietorship business thus limit of 8,00,000/- in each case has already been crossed. Rental income is 2,40,000/- jointly. I could not understand the last statement in Mr. Dayal's reply. Please explain

Please explain.


Anil Khatri
04 March 2008 at 08:18

Input Credit on Service Tax

A partnership firm while filing half-yearly service tax return(April-Sep. 2007) failed to claim the service tax paid by it on input services. All output service tax dues were duly paid in time.
Now can it claim that credit in next half yearly return(Oct-2007-March 2008). If yes. Please explain the procedure in detail.






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