We are using Lift for movement of goods in factory. The Path from gate to Lift is not suitable for movement of Pallet trollies. So a new path is construct for better movement of Pallet trollies of goods from gate to lift. whether this expenditure is capital in nature or treat as revenue expenditure. Approximate cost of this Constuction is Rs 40000

If capital exp should it treat as addition to building or if revenue exp then treat as repair of building.

Please suggest.

Regards:
Prateek

ABC is running a lodge.
Room Rent per day is Rs. 650, Rs. 1000 (Non AC)Rs. 1200 (AC) per room.
Total Receipts for the year is as below
Rs. 650/- - 4,30,000
Rs. 1000/- (Non AC) - 2,50,000
Rs. 1200/- (AC) - 5,00,000
----------
Total 11,80,000

My question is Service tax registration is required for the above case or not required ? and in this case taxable receipts is only Rs.5,00,000/- but gross receipts exceeds the limit. Please reply me.

Dear All Members,

i want to convert a proprietorship firm to Private Company. you are requested to kindly provide me whole procedure step by Stem for conversion. and also provide documents related to conversion

will service tax be deductible on taxi freight used for newspaper.

Hi,

Please confirm the tax liability on Income from Salary:

Mr. A worked in tax free zone of UAE for the period Jun-09 to Jun-12 as resident of UAE. He became resident of India in F/Y 2012-13 as per I.T. Act. There No tax liability in UAE.
Please confirm the tax liability on the income from salary, which is accrues and arise outside India for the services rendered out side India amount of INR 1,000,000/- for the A/Y 2013-14.


Vishal

Ref Notification no. 25/2012- Clause 30 which provides exemption to intermediate production process as JOB WORK i.e. Agriculture, Printing & Textile Processing.

Now please anyone guide me, whether a service rendered by Commission Agent/ Broker to such textile Processors (exempt from service tax)is taxable service ???. If no, how to claim exemption by such broker?

Why does India has such a complex and complicated tax structure when compared to another countries???

Dear Experts,

I am working in a manufacturing co, which purchases raw material from within India and exports the finished goods under LUT and under claim for Rebate after debiting the excise duty.

I want to know whether we can claim duty drawback in addition to the rebate of Duty paid. If yes please let me know the Section/Notification under which we can claim rebate of duty and duty drawback as per duty drawback Schedule annexed to the notification no.92/2012.

Please reply,

Thanking you in anticipation,

what is rate of partner slab 2012-13

I have a client maintaining the books on cash basis. He has billed a substantial amount in March'13 which is realised in may-13 but the relevant TDS is made in March.

Since he will declare such income in FY 13-14, he cannot claim the credit of such tax appearing in his 26AS for FY 12-13 and in the IT returns, he has to declare that TDS is deducted in FY 12-13 but credit claimed is Nil. Now,

- Will such pending claim/carry fwd credit be appeared in Form 26AS?
- Will there be any difficulty in claiming such credit in FY 13-14 (since, 143(1) is automated and it will be computed based on the credit showing in form 26AS)
- Is there any other method to resolve this issue?

Please respond...