Hi , Please help me to calculate net payable amount under work contracts.
Contractor bill amount:-
Value of work (including labour and material charge)= 300000
KVAT charged = (300000*75%)*14.5% = 32625
Service Tax charged= (300000*40%)*15% = 18000
Total Billed amount = 300000+32625+18000= 350625

We are the client to pay bill amount, Please tell how to calculate net amount after deducting TDS-1%, WCT-8% and Retention- 5%

I have a manufacturing unit. I paid Rs. 22,70,860/- to a foreigner for technical service on 23/09/2016. On this i have to pay service tax on the basis of RCM @ 15%. But i am paying the same in the January. Will i eligible to get the CENVAT credit if i pay the whole amount of service tax with interest in the month of January, 2016.

Sir/Madam,

TDS credited on Interest against Security deposit for FY.2015-16 & 2016-17 by our cement supplier.Our mistake was
we did not provide them news about our owner has expired in 2013.they credited in our Owner PAn CArd.For the F.Y 2014-15 & 2015-16 and as on date my owner wife is the proprietor of Business till as on date. we file ITR in her name.
and also in Sales Tax and Income Tax her PAn card is updated.How we can claim tds of the Late proprietor of our business.Our cement supplier told us about that , It is very dificult to divert the tds.So please reply.TDS Total amount RS.16123/-

Dear Experts.,

e-TDS returns want compulsory Digital Signature or Not...?

What is the meaning of Digital Signature Certificate or Digital Signature (token)?

How to use these two Certificates...?

Thanks & Regards
P.M.RAJA

please explain an example if Tds is deducted in the cases where vat is applicable? Thanks in advance.

I am b.com(gen) graduate in distance mode and I qualified CA-ipcc group 1 and I completed 3years of articles ,now I want to become a income tax practitioner,with my qualification is it possible if yes tell me the procedure.

namaste sir, I am a b.com(gen), graduate,and I qualified CA- ipcc group 1 ,I completed 3years of articleship now I want to become a income tax practitioner, with my qualification is it possible, if yes tell me the procedure to do

my client is a new trader in Delhi and yet not registered as his turnover is only 5lakh ,I want to ask that weather he can get direct gst registration without getting registration in dvat or first he should necessarily to register himself under dvat and obtain voluntary Tin number and then required to migrate in gst . what is procedure for new trader? please guide me

i have a query there is a Doctor in his books their is a ultra sound machine of rs.800000 on which he is not claiming depreciation but claiming depreciation in income tax....now he sold that machine for rs.25000, what will be the treatment in his books.

respected expert please guide me,my concern is that my client is a new trader in Delhi and his turnover is 5lakh and want Tin number by getting voluntary registration. I want to know that if he obtain Tin number voluntary at 5lakh turnover then he should start charging vat on his sale or he is required to wait till he cross threshold limit of 20 lakhs