A construction company receives advances for the booking of the blocks. On such advances received he pays service tax. when such booking is cancelled he has to return the amount of advance. Thus if Rs. 100 is to be returned on the cancelled block, he pays Rs. 75 and transferes Rs. 25 to block cancellation account. He will get the credit of service tax on the returned advance of Rs. 75 but will he get the credit of service tax on Rs. 25 also which he did not return but transferred to block cancellation a/c? Block cancellation a/c is in nature of income.

1) A Private company make investment in another company upto 35% shares of the company. is Holding, Subsidiary company rule applicable to it as per Companies Act, 1956?

2) In register of Director's shareholding A column specified "Nature of Company (Whether Principal Co., its Holding or Subsidiary, co - subsidiary" what kind of information filled into it?

Gud Mrning Guys.. Plz let me knw onething that i cleared my CS profeesional stage and wanted to start any job so can i use CS MANOJ in my resume as i hve nt completed my training part and Moreover in my visting card can i use CS MANOJ LCS ?

Am preparing for my Cwa final examination June 2013 both the groups. . .I have a doubt has to how to manage my time and revise the full portions the day before exam as we have exams daily. . Its hard to revise entire portions the day before! There by losing confidence while appearing for exam. . Pls do advice or suggest any tips

I have tds deducted of Rs.25450 for the A.Y 2010-11.I have not filed any Income tax return from A.Y 2009-10 onwards.Can I file IT return now and get refund?

I am working as computer operator. They pay me (contract fees) 7000/-per/month.
The deduction of Rs. 25/- as Staff association Contribution every month.
Now they forget to deduct TDS Rs. 797/- for the last finical Year. They tell me that give us Cash Rs. 797/- we will give you a TDS certificate which can help you can return from IT.
Is it possible or NOT.

Dear Sir,
We wanted to sell goods to unregistered dealer it is local sale the item is taxable @5% as per schedule B of Goa value added tax we wanted to know whether it is taxable @5% or at higher rate because dealer is not registered but we are registered.

It is to submit that in view of new amendments in the service tax, the receipient is paying his share of tax and the service provider is not paying his share. Now i request to what is the responsibility of service receiver and on whom action will be initiated by the department for not making the payment by service provider of his share. Please clarify

Comapny had taken part in Water Expo in Ahmedabad.

Now company got the bill amounting to Rs. 1,10,000 including service tax.

So whether comapny should deduct TDS on the same or not while making payment to that comapny ??????

and if yes then under whitch Section ??????

Dear Sir / Mam,

I am very curious to know whether can tally ERP software be used in IATA running companies that do ticketing & bookings??

So can tally ERP be used as an accounting software at these kind of companies??

If NOT, then what is the reason for it??

I understand that for ticket bookings they need to use either sabre, galileo or amadeus but do you think tally can be used as an accounting software for accountants working in these kind of companies??