sir, One grand father is giving Rs. 5000 every month to his grand son. The father of son is depositing in RD every month . After maturity the amount transfer to PPF . Now my question is that either the interest part will be taken in grand father or his father income if child is minor .

my student journal is not coming and right now my articleship has been started but i am not receiving student journal on time i want to ask what's the remedy left .... what should i do know ?????

Is the exemption limit of Rs.10 lacs applicable from gross amount of bill raised or net taxable services after abatement.

For example: If a contractor raises a bill of Rs.30 lacs in a year on account of construction of building. Is he liable to pay service tax as the taxable service is Rs.9 lacs (i.e 30 lacs - 70% abatement). He doesn't have any other receipt for the financial year.

A software development business has made export of services from 2011 to 2014 ,IEC registration has been obtained in the year 2014 and no registration is been done in DGFT or STEP.So is my export services disallowed on the grounds that the Company has no IEC or STEP or in DGFT in the year 2011 to 2014.

Dear all,
I have one quary relating to combining rent and HRA. Let me take a example, i am emplyee in a company. comapny is giving HRA to me. i am living in a house taken on lease for one year, for this lease amount is 100000. can i take a HRA exemption? if yes how? if not, what is the possible tax provision on lease rent. it is very urgent.


My view to quary:- HRA is relating to monthly rental and need to produce rental receipt for claiming Exemption. it is not posssibe in case of lease because of that lease amout is refundable to me at end of the period covered in lease agreement. so HRA is totally taxable. and there is no provision on house is taken on lease in income tax act. So finally no benefit araise me on this lease from HRA and other. my view is correct?

Dear Sir,

We are Freight Forwarders in Delhi.

We provide transportation services to our clients.

Are we liable to charge service tax on our bills. If Yes please provide us the rate.

Rgds.

Mohan Saxena

Is proof of appointment of authorised signatory is required? As Proprietor and authorised signatory both are same in same of proprietory concern. Application is not moving futher without attaching authorised signatory details.

Can someone suggest me 5-6 good mutual funds to invest in? (Equity based). I am planning to stay invested for around 3-4 years pr maybe more.

Sir,
One of our client is providing service of goods carriage to various builders. We want to know that whether he can take benefit of small scale exemption of Rs. 10 lakhs. If yes then subject to what conditions and if no then what would be his tax liability in case he provides services to individuals.

Sir/Madam, I have registered for articleship training after May 2012. As per notification i had to complete my GMCS I by the end of 31 Dec 2016. But i have not completed it yet. So what i want to do? When can i complete it?