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Manjush

What are the freequently asked questions while filling the Employee tax proof submission Form?


Rajiv Ranjan Singh
19 October 2009 at 14:09

Cenvat Credit.

I have a valid Service Tax Registration under the headings:: Works Contract,Renting of Tangible GOOds,Business Auxillary Services.
I purchased Capital Goods i.e Excavator and Dumpers which are billed with Excise Challans. Can I avail Cenvat Credit on these if I am billing under Works Contract and if Yes in how many years can I take the benefit of excise charged.
Please Help
Rajiv Ranjan Singh,
Youth India Trading Company


Rajiv Ranjan Singh
19 October 2009 at 13:51

C Form

Dear Sir/Mam,
I am a Firm registered under Works Contract in the year 2007.
I recently purchased 2 Nos of Tippers/Dumpers under CST Billing. I had applied for ammendedment in my CST Registration to incorporate these items as these are Construction related items and we are a construction Firm, but the officers from the Circle which my registration belongs (Jamshedpur Circle-Jharkhand)say that they cannot add Tippers for Works Contractors and cannot provide us with C form. Please help as to what can I do.
Regards,
Rajiv Ranjan Singh,
Youth India Trading Company


Jai Bajaj

Q.1 What is interest rate applicable for delay payment in service tax and please also tell how to calculate is?

Q.2 From 1st April 09 no service tax was paid, there is any penal provision other than interest?


sreenu
19 October 2009 at 13:25

board resolution

is board resolution necessary for opening for bank account to a public company under indian compamies act


Guest
19 October 2009 at 13:16

Depriciation

suppose a machinery is purchased on 1-01-01 installed on 1-02-01 inuagrated on 1-03-01 test trial done on 1-04-01 and production through it started on 1-05-01. My question is - from which date would we consider the depreciation charge?. from which date chould we charge depreiation on it? please help. actually i dont know u but seeking for a good answer


nirpinder
19 October 2009 at 13:05

accounting method

we are a project based services company ,and we undertake projects for building maintenance services ,now my query is there are certain projects which are not fully completed as of 31st march 2009 may be 10% remaining ,can we still book the revenue in 31 st march 2009 taking into account that 10 % work under the project is pending due to commissioning and installing and all costs under the project have been fully incurred for all those pending projects upto 31 st march 2009 and that the remaining work would be completed in 2-3 months time upto 31 st may 2009


Rajeswar
19 October 2009 at 12:54

Share Advance in B/s

A private limited co. has collected amount from its share holders as share application money and it is yet to be alloted for to shareholders. It shown as share advance in the B/s for three years. Now the co. has planned to allot the amount. Does the non-allotment violate the provs. of Cos. Act? Can such amount be shown as share advance in the B/s or should that amount be shown as Share Application money receieved?


Rohit Kumar
19 October 2009 at 12:53

TDS on Printing of Books.

Hi,,,,

Can any one clearify that TDS is deductible on printing of Books the bill amt. of the party is 36,000/- and is charging VAT @ 4%. can I deduct the TDS and what is the rate of that the bill date was in Oct.09.


Dinesh More
19 October 2009 at 12:50

set off of unabsorbed depreciation

can unabsorbed depreciation be set off against income of special tax rate (i.e. winning from lottery, LTCG, STCG u/s 111A, etc)
please reply me