i have following questions regarding service tax liability in case of RCM....
1. in case service provider is not availing benefit of Abatement, then what will be liability of service receiver? (receiver is corporate)
2. what is d difference between availing abatement or not availing abatement? (in case of receiver's side)

Sir,
One of our client sold agriculture land and i need clarification regarding the following:
i. Sale consideration received through DD and credited in bank account.
ii. Property of ancestral nature and long term asset.
iii. Assessee constructed building consisting of commercial complex and residential house combinely above the value of sale consideration and construction commence 6 month before date of sale.
iv.The sale consideration received in bank account not utilised in the construction, instead retained earnings utilised.
v. Assessee having another land and his spouse is going to construct house by obtaining loan from bank.
I.Whether assessee eligible for deduction u/s 54F
II. Caselaws supporting the claiming of exemption u/s54f

With rgds
Dhilipkumar a.

Please, tell me
when i deposit a TDS amount.

I paid a rent amount rs.15,000/- deduction TDS amt.-1,500/-.

I enter in my book rent entry.
every month- 1st day.
but issue a cheque after 20th day.

please, tell me when i deposit TDS Amount.

stamp duty detail
affidavit
are both mandatory to file form 61

Hi,
I am working in a pvt. ltd company.
While making online payment of Profession tax for our employees for the month, instead of paying Rs.4,000 i wrongly made a payment of Rs.40,000.
Pls advice me, how can i correct this mistake.
can excess amount paid be adjusted against next months payment dues?

please explain who are required to submit 15g&15h?

I have registered my firm as Deductor on TRACES website.

But I am unable to see my Form 26AS.
Do I have to register again as TAX payer??

Dear Sir,
For F.Y. 2012-13, we will get Part - A from Traces. For employees whose tax is not deducted, the traces do not give any such form. We will have to generate it manually.
Will that manual Form 16, Part-A be valid for all purpose even though the same is not generated from TRACES.

Thanks in advance

Dear Sirs:

We have received order from a customer whose registered address is at Mumbai. As per the terms and conditions of the order, part of the order has to be delivered to Chennai and the invoice has to raise to their Mumbai address. Is it OK whether we can raise the invoice - Bill to Mumbai address and Deliver to Chennai address with CST and send the goods by courier to Chennai? In this case, usually we will raise the invoice to Mumbai with CST and delivery to Chennai with supporting documents as delivery challan for demo purpose with approx amount. Kindly correct me whether the procedure follow is right or wrong? Please guide me

Thanks and best regards
G. Gangadharan

If I have let out my property at my home town for which I am receiving annual rent of Rs.300000/-. I am also paying municipal tax for the said property of Rs.10000/- from my own bank account. I have taken a loan for the said property and for which I had paid Rs.500000/- towards interest & Rs.150000/- for prinicipal during the year.

What will be the actual loss? You are requested to give the detailed calculation.

Thanks & regards,
Harshad Desai