dear sir,my cliantis running p.firm manpower supply sevice . their service tax month of march 2013 is 12.36% Rs. 101938 and revers charge 3.06% Rs.4458 but party has paid challan diff code manpoer service code 440060 101938 and code work contrct 440410 Rs.4458. this is short payment or correct in manpower servics. second, party has notfile servise tax return physical oct-12 to march 2013 till date. what is consequenses any pentaly or interest.and what is due date s.tax file return march-2013 . mahesh shah , bavla

Dir sir the department is defaults generated of TDS statement demand of Rs. 170/- can i pay this amount. if i pay challan of the same amount can i e-file revised return of of regarding quarter please suggest me thank you.

We are manufacturer and procuring raw material from inland as well as doing import. Sometimes our local supplier charge freight amount in bill. Please confirm who will pay the service tax on freight amount we or the supplier? Also confirm that on import we are paying the freight charges also. Did we need to pay the service tax on that or not?

Dear All,

I wanted to ask that, although basic rate of deduction of TDS u/s 94C on individual is 1% but what if I deduct TDS @ 2% on individual contractor u/s 94C.

Will this attract any penalty OR Fine?

Or There will be no problem ?

Will there be any questioning regarding, why i deduct 2% TDS instead of 1%?

Please Reply !

When I try to upload ITRs, the income tax efilling site is not working. The department has not relesed the efilling soft for 3 months.

Similar problem with DVAT site when tried to upload DP-1, not excel utility for 2A, 2B has been realised so far. You have to fill all the data directly onto department site which takes a lot of time.

In case of service tax, it seems Service tax department has forget the return.

isn't it a mockery of professional by fixing due date for filling return while department is sleeping all the time and finally waking up at last minute?

Dear sir

earlier i have attend the interview they are asking what is the definition of differed tax

i search in Google i got it but i didn't understand that please let me know shortly meaaning

hello all..
pls help me in this
i have a right to ownership of a residential property which is still under construction and ownership has not been alloted yet..
i want to sell it off and acquire a new residential property again which is under construction.
can i claim exemption u/s 54?

Sir, my younger brother was working in orgnisation , he left and join another company. He got pf amount of Rs.507333 and gratuity of Rs. 193846. Now my question is that the amount will treat as income or excemption from taxable income.Pls. help me.

The salaried income is 6,75 lakhs p.a.[Net salary income after all deductions]. In addition to there is an agricultural income of Rs.25000 p.a.

Is this Agri income totally exempt from tax?.

Agri income is taken for rate purposes and ITR 2 is filed.

can I claim 5000 as tax exemption? 20% of 25000

40% of the basic: 693,000, Actual HRA 900,000, excess of rent paid over 10% of the basic is -11,300. Is the assessee eligible for HRA exemption u/s 10(13A) because of the negative figure?