We are an IT company involved in distributing Branded International software to end users in India. We purchase the software from the Indian subsidiary of the Software MNC and then resell it to the end users in India. The invoice from the Indian subsidiary and our invoice on end user mentions "License fee". Is TDS deductible on Software Licence fee under Section 194 J. If "yes" why if "no" why. Please support the answer legally
The matter has become complicated because effective from 16th May 2008 service tax is also applicable on Software License fee over and above VAT which was being charged post the TCS case wherein Software were to be treated as "goods".
my ca is not giving me termination and i want it because of my health and other problems, i want to pursue my articleship at my hometown so what can i do?
can i get termination or not?
but my principal is not willing to give me transfer.......
Can the manufacture exporter avail cenvat credit on payment of service tax on service provided by a commission agent located outside india for sale of goods exported by him?
Dear Sir,
my client paid following FBT
Amount 43849
ESOPs 360
Shares alotted on Aug-07
Challan No 000048
BSR Code 6390400
Cheque Drawn on ICICI Bank Ltd (Santacruz West Branch)
Date of deposit of advance FBT 14-Dec-07
ESOP Grant Date 29-Apr-06
Exercise Price 576.8
Market Price on vesting date 935.15
FBT rate 33.99%
Is he get deduction of this from STCG coming on sale.
Head Office being registered as ISD (Input Service Distributor)not providing any output Service, having five factories and having Service Tax Registration as service provider.
Expenses incurred at HO on Security Expenses, Advertisemnt,R &D etc and service tax paid on it can be transferred by HO to its Factories for getting the Cenvat Credit as they(Factories) are providing the Output service.
please advise that even the Service Tax paid on security Charges can be passed on to Factories by ISD, Since Advertisement and R&D costs may be said to be common cost but the same treatment should also to be given to the service tax paid on Security Expenses of HO.
Please advice.
Can the manufacturer exporter avail cenvat credit of service tax chaged in the invoice of clearing and forwarding agent in relation to export after the payment of the invoice?
Dear Sir/Ma'am,
We are into Construction Business. We have received a contract to build Hostel Building for IIT. Is service tax applicable on such service.
Regards,
Prachi
For Bridge & Roof Co.(I) Ltd
Hi
I am confuse that how to calculate Mat, Please provide me the detail calculation for Mat with illustration.
Thanks
Mintoo
TDS u/s 194J