Hi,
I want to know the calculation of the tax paid by the employer on the behalf of employee. Since, under section 17(2) of income Tax act it is also considered as monetary perquisites & taken under head of Taxable income.

We asre provided manpower dor catering and various other functions by Caterer.
The amount paid to him includes Salary to the workman, statutory obligations like P.F., E.S.I., Bonus etc Admins charges @ 10 % of the total amount.
Service tax is charged on the total amount paid to the caterer.
The Act says that Service Tax should be on the Gross Amount subject to exclusion of reimbursements.
Is it right to charge Service Tax on the entire amount or should it be after excluding salary and related costs?

Dear friends,
Please clarify the above problem,
One firm running with 3 partners on 10/09/2007 , 2 partners have with drawn their interest in the firm and additionally 2 partners have jonined the same firm. and after 10/10/2007 1 partner among the 3 has also withdrawn his interest , and the firm is taken care by the newly joined 2 partners.

Please clarify that,

The firm has not changed any PAN No & TIN number under (VAT) ,
Please clarify whether it amount to get new TIN or PAN No & clarify whether INPUT vat can be claimed in the new firm.

Dear friends,
Please clarify the above problem,
One firm running with 3 partners on 10/09/2007 , 2 partners have with drawn their interest in the firm and additionally 2 partners have jonined the same firm. and after 10/10/2007 1 partner among the 3 has also withdrawn his interest , and the firm is taken care by the newly joined 2 partners.

Please clarify that,

The firm has not changed any PAN No & TIN number under (VAT) ,
Please clarify whether it amount to get new TIN or PAN No & clarify whether INPUT vat can be claimed in the new firm.

Whether service tax paid on bills will be allowed as expenditure. For example Telephone bill say Rs.1000/-
Service tax on the same Rs.124/- totalling Rs.1124/-Whether Rs.1124 to be debited to telephone a/c or only Rs.1000/-

i would like to know whether a proprietory concern is liable to pay service tax on freight payments made to a transportor
if yes whether whether the basic limit is available

I am PE-2 student...and i want to switch over 2 PCC...my 100 hrs IT Training is going on...

in such switch-over scheme , student have to
-regiter with PCC
-register with articled training
-100 hrs IT Training.

such student can appear in PCE (exam)without requirment of completion of 18 months of articleship... as per CA Act concerned.

MY QUERY:-

-can i start my articleship after passing out PCE exam...???
-tell me whether i have to undergo articleship with re-registration in PCC...
-whether i have to send application form for switching-over to PCC alongwith Form NO.102 & 103 or without Form NO 102 & 103.

request 4 honest guidance...

sapin _parikh@yahoo.co.in

My client is running a franchisee of computer training institution

By notification No:24/2004 CG exempts the computer training institution from collecting ST

But by notification 19/2005 the notification read as follows

"In the said notification,-
(i) in the opening paragraph, the following proviso shall be inserted at the end, namely:-

“Provided that nothing contained in this notification shall apply to the taxable services provided in relation to commercial training or coaching by a computer training institute.”;

My client is a ST Assessee from the issuance of notification of 19/2005

My query is in the notification 19/2005 use the word "inserted "
and whether the client is liable for collecting the ST from the right beginning ie from the year 2004.

Expecting your valuable reply.pls mention any case laws if any

loan has been taken for marriage ,
is it allowable for deuction under which head or under which section.

When an employee is on travel the expenses incurred during travel as conveyance ,

would such conveyance be liable for FBT under Travel at 5% or under conveyance at 20%