17 July 2009
I had bank charges to the bank which contains service tax at the rate of 12.36% and we receive service from one of the sub contractor at the rate 4.12% in composition scheme.
Can i set off above service tax i.e (12.36% against 4.12% Compsition Scheme)
17 July 2009
Our Director's father holding shares in the company had written in his WILL that a Private Trust shall be formed after his death to hold some of the shares held by him in the comapany.
Following are my two queries: 1. Can a trust be created based on the WILL after the daeth of the testator? 2. If yes, in that case who will be the settlor of that trust?
CAclubindia
