vineet,

tell me under which head this business falls?

2nd, realised from the shpr, meaning?

shpr wl not pay service tax on profit margin earned by xyz. shpr pays thc on which service tax is applicable which xyz collects from the shpr and pays thc with stax to the shpping line. here xyz acts as a postman. doesnt pocket anything.

nobdy cnfms 100% that this business attracts servce tax or not.

pl adv.

1 EXP ON MOTORCYCLE EXP & DEPRECIATION.

2 TRAVELLING EXP RS. 10000/- INCLUDE
Rs. 4000/- Hire Charges of Car
Rs. 3000/- Hotel Charges.
Rs. 500/- Taxi Charges.
Rs. 2500/- Fooding Exp at Branch During
Business Hour.
WHAT AMOUNT OF TAX?

3. VECHILE RUNNING EXP.
A TWO JEEP IS PURCHASE FOR TRANSPORT
OF GOODS FROM FACTORY TO SHOWROOM.
B NEW JEEP PETROL EXP (FROM GODOWN TO
SHOW ROOM)
4. A WATCH & SUIT (SAME COLOUR)GIVE
TO OFFICE STAFF FOR OFFICE DRESS.

then vineet,

service tax wl be on the gross profit ?? is there any slab? how it wl be if gross prfit is 20-25 lac? any interest liable now as still stax not paid.

pl adv.

one of our client has taken photostat machine on rental basis from photostat shop, kept at place of client. the only consideration being paid is in the form of a fixed charge, say 0.25 piase per copy for photostat and the material being paper sheets is being fed in the macine by the client. my question is

1) does this attract tds under 194I as rent for equipments or u/s 194C as tds on contract.

2) if we fall in definition of rent u/s 194I, then if our liabilty does not arise due to payment does not exceeding 120000, then are we covered u/s 194C as residual section or there does not arise any tds liabilty in that case.

Free educational facility provided to the employee children --if iin a pvt. school bills are reimbursed by employer up to rs .1000/-month whether exempted perquisite?

and employer has top pay FBT.??on staff welfare.

Medical Reimbursement is exempted up to 15000/- to the salaried employee.But if he worked for 9 months in a F/Y whether whole amt of 15000 will be exempted or 11250???

What is meant by Professional Tax?
Whethrt it is same as TDS u/s 194J?

What is meant by DA (IF) Forming the part of retirement benefit.

this profit of 20-25 lc is the gross profit w/o taking into consideration any expenses.

pl adv if tax liability changes.

wat is MAT ?

but xyz is forwarder. it only add profit margin on the ocean freight gvn by the s/line and quotes the same to the shpr.
how's it can be termed as a service ? plsss explain.
also he doesnt get any sort of commission from the shipping line. neither he provides any kind of service to anybdy.

pl adv.