karan
11 August 2013 at 13:03

Penalty

If A firm Fall under goods transport ageny/goods transport by road not registered under service tax and same not paid st during the last year what will be a penalty imposed ?

Any income tax dis-allowance in expences ?


CA Varsha Haryan
11 August 2013 at 12:56

Cenvat credit of cvd u/s 3(5)

whether CENVAT credit available on CVD levied u/s 3(5)(Duty equal to sales Tax)



Anonymous

sir i have a plastic injection molding unit which i plan to lease it out.(machines and other ancillary equipments). Is Vat or service tax applicable in the state of Tamilnadu? The entire plant will be in our possesion except for the day 2 day affairs and maintenance of the unit.The rent and electricity bills would be paid by the lessee.


ABHISHEK TURAKHIA
11 August 2013 at 12:27

Goods transport

HI, I HAVE RECENTLY COME TO KNOW DURING COURSE OF AUDIT THAT A GOODS TRANSPORT AGENCY IS EXEMPTED FROM LEVYING SERVICE TAX ON A SINGLE CONSIGNMENT ON WHICH IT HAS CHARGED UPTO RS 750 OR RS 1500 PER TRIP, BUT I COULD NOT FIND IT ANYWHERE IN SERVICE TAX WEBSITES " SERVICE PROFILES" PLEASE GUIDE ME IN THIS REGARD WHETHER IT IS STILL APPLICABLE OR NOT, THANK YOU.


john
11 August 2013 at 12:21

Notice u/s 142

Hi All A salaried persons receives notices u/s 142(1)
Case is very simple furnish all the supporting documents like ITR-V, FORM-16,INVESTMENT PROFFS, ETC. to your officer, If you have file your return accurately and you have paid all the taxes there is no worry.
BUT
Here a case is that every things clear, white income, all documents available. but during the time of filing the return mistakenly Income Tax Return was filied with the Form-16 data which was of a different year.
For eg. for A.Y.2011-12, return was filed with the data of A.Y.2010-11.
more over this mistake was realized when the notice was receivced.

Q. WHAT ACTION CAN BE TAKEN NOW IN THIS CASE, PLEASE SHARE YOUR EXPERIENCE. Thank you.



Anonymous
11 August 2013 at 12:11

Tds

We have booked hotel for business purpose,

bill is exceeding 40000/-,

We need to deduct TDS under TDS on Contractor

Pl.Advise



Anonymous
11 August 2013 at 11:53

Applicability of service tax

whether service tax is applicable on stitching and embroidery ?....is embroidery or stitching of cloth comes under manufacturing ?



Anonymous
11 August 2013 at 11:38

Clarification

sir/madam,
i am a student preparing for cpt dec attempt through e-learning.if i have any doubts regarding cpt in subject,can i get solutions if i ask them here?
thank you.


Prince
11 August 2013 at 11:20

Modvat

what is mod vat



Anonymous

Is there any exemption for dredging equipments given on hire with manpower and fuel cost on contractors account for working in port for maintenance dredging?






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