Anonymous
28 May 2013 at 13:07

Value for service tax

DEAR EXPERTS

IF THE LAND OWNERS OF THE PROPERTY COME TOGETHER AND FORM A PARTNERSHIP FIRM TO CONSTRUCT A RESIDENTIAL COMPLEX ON THEIR UNDIVIDED SHARE OF LAND AND CONTRIBUTES THEIR OWN CAPITAL FOR CONSTRUCTION PURPOSE AS WELL AS RECEIVES THE ADVANCES IN THE NAME OF THE FIRM FROM THE PROSPECTIVE BUYERS, ON WHAT VALUE THEY HAVE TO PAY SERVICE TAX ?

ARE THEY LIABLE TO PAY SERVICE TAX ON EVEN CAPITAL CONTRIBUTED BY THEM FOR CONSTRUCTION OR ONLY ON ADVANCES RECEIVED
FROM PROSPECTIVE BUYERS OF THE RESIDENTIAL HOUSES / MULGIES.

MY CONTENTION THAT THE OWNERS AND BUILDERS ARE SAME HOLDS GOOD. PLEASE CLARIFY THANKS IN ANTICIPATION


RAJEEV
28 May 2013 at 12:57

Scrap business

hi friends

pls tell me how to maintain books of a/c person have business of scrap purchase and sell but doesnt issue invoice for such.

so how can we assess his income from such business. i hav to file his income tax return

thanks


Vijay Kr. Mishra

I have recently got Excise registration 4 months (Feb.2013) back & not filed as yet Return due to Ignorance. My total turnover in the FY 2012-13 is NIL. I have purchased a Machine (not for sale) & Paid CVD. Please let us know what types of Return i have to file & due dates etc for filing of returns with Excise. Can i claim CVD as input. Thanks.


Rakesh Sharma
28 May 2013 at 12:48

Service tax liability

Good afternoon experts,

1. If a partnership firm pay freight inward Rs.2000/- in a single entry & similarly paid Rs. 82000/- in the whole f.y. 2012-13. whether it is necessary to take registration of Service Tax. (Total sales = 1.2 Crore)

2. Same condition for individual having tax audit & with out tax audit.

Please advise.


uma..
28 May 2013 at 12:48

Accounts

What is the appropriate head for expenses on return filing and quarterly statements submitted


Rakesh Sharma
28 May 2013 at 12:43

Accountancy charges

In which income head I have to show Accountancy charges recd. & which ITR form I have to use to show this income along with salary & saving intt.

Thanks experts



Anonymous

Dear Expert,
Please put the Tax Paper Solution of Dec 2012 of CS Final.

Its very urgent as exam are coming. So please help us in giving the past year Solutions

Eagerly awaiting.


vikas
28 May 2013 at 12:31

Bio -data

Can any body send me a CV format of those who has experience of working in firm like Chaturvdi & Shah, Deloittes, PWC, etc.. such big firm

My ID is patelvikas2050@gmail.com


CA. Rohan Somani
28 May 2013 at 12:27

Ca final classes

Hi,
I am a student of CA Final, and my Attempt is nov 2015.
when should i start classes of final and which subject's class should be take first.....
please suggest me......


Jatin Shukla

Dear Sir/Madam,

One of my client is buying an images from Shutterstock Inc.for its Online Business Activities. Here one of the Director is making payment to Shutterstock thru his Cr.Card and subsequently Company reimburse it to him in INR.

Here my query is whether Withholding Tax will be applicable to such type of Transaction and if yes then what will be the Rate of TDS.

Is Grossing Up of Tax reqd.(say if they are paying Shutterstock USD 100 then will have to consider it Net of TDS and pay TDS by Grossing Up the payment)






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