Anonymous
02 July 2014 at 16:33

Deduction under 80c

Whether dividend received on Mutual fund re-invested is eligible for deduction under section 80C ?


chetan
02 July 2014 at 16:29

Bank account

hello sir husband and wife both have joint a/c in which husband is first holder and his wife is second holder husband didnot show bank a/c in his balacesheet but his wife show a/c in it return and balance sheet for the f.y 2012-13 this accout mainly open for his wife income for stiching labour work income is it right or not ? is there any prob or not in future? all income is credited In cash is earn by his wife whether is it right or not??


Chetan Joshi


The assessee has filed Nil Service Tax Return for H1 of F Y 2013-14 eventhough it has provided taxable service but the liability to pay service tax for the period is Nil due availment to CENVAT Credit. My query is that whether Service Tax credit for the period shall be allowed or not if the assessee has filed Nil service tax return.


Thanks in Advance.



Anonymous

Dear Experts
We have booked excess provision of Income Tax by Rs 38 Lacs(approx.)in the Last year and we have adjusted that against Advance Tax of Current year by applying to the Deptt.
now what should be treatment to be given to the excess provision of Income Tax of Last year.
Whether the Provision with Excess Amount should be written back or any other treatment is to be given



Anonymous
02 July 2014 at 16:15

Tds_crossing limit

Dear Sirs
One of our vender doing JCB works in our Company on contract basis crossed the limit of 75000/year, But we failed to deduct tds on payments made during this year now their bill crossed 100000/-individually which not exceeding single bill-30000/-
Can you advise in this regards?



Anonymous
02 July 2014 at 16:04

Service tax input

Hi,
I have a pvt limited co, for the month of April and May, I have excess service tax credit then payable, the difference amount comes to around 10000/-
For the month of June, I have to make payment of 7000/-
Can i take credit of 10000 of April and May, and if yes under what rule.

Thanks and regards



Anonymous
02 July 2014 at 16:04

Deposit of tds & service tax

An individual advocate furnished one bill as below:
Towards professional Exp. 200000
Towards Out of Pocket Exp. 15000
Total 215000

Please clarify on which amount tds to be deducted u/s 194J
either be Rs. 200000/- or Rs. 215000/-

Please also clarify on what amount service tax will be deposited
and at what rate by receipient of services as receipient is company.



Anonymous

we are into bussness of electricity generation. Dry & wet ash is generated during electricity genration.

We are selling dry fly ash after payment Excise @2%.As per The Ministry of Environment & Forests 20% of dry ash to be disposed off as free of charge.

1) Is excise is payable on dry ash sold as
free of cost.

Thanks
Ashok Sharma



Anonymous
02 July 2014 at 16:01

Composition tax

Dear Sir,

In what circumstances the composition tax is preferable instead of VAT & why?


s.gopinadh
02 July 2014 at 15:38

Coaching for ca-final

my query is for an average student taking coaching for both groups of ca-final and attempting both groups at a time is better or taking coaching for single group and attempt that group is better. i am going to take exam in nov-2015. please give me a sugession






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