Can we adjust TDS not deducted but excess paid towards company`s own income tax liability.? If your answer is yes kindly give the reference of relevant provisions/circulars etc

Suppose i want to sell hotel room for Rs. 10000/-to customer, which i have recd from hotel @ 8000/-, then i want to provide a car for the same passenger for that destination Costing Rs. 25000/- which i have received from local agent @ Rs. 20000/- . In additon i want to charge Rs. 500/- as a service charges for entire arrangement. How much service tax and what rate i have to collect from customer ?
Please guide me.

Dear Experts,

Earlier to the amendments we were depositing the TDS/TCS by filling challans and depositing the money in listed banks. Now my query is that Form 17 can be uploaded by ourselve or we have to approach TFC's. In case if possible by ourself which is the web site - NSDL? or what. Further what about username and DSC?

Pls clarify.

Hi Everybody.

One of our client is providing design services. the services are exported outside india. In India, it is providing service to only one recipient , the service tax on which is small amount.

1. The issue is prior to 2007, it was rendering call centre services which is exempt from payment of service tax as per notification no. 8/2003. The client was not aware of this and was paying service tax on the same. What can we do with respect to this?
Can we claim refund/ rebate of the service tax amount paid on call centre prior to 2007? OR can it be carried forward?

2. Currently, the company has got huge input credit every year and its carrying forward the input credit from several years. The service tax liability of the company is negligible around in 000s where as the input credit is in lakhs. Cant we claim refund/ rebate of this amount as the case may be?

What is the rate of interest on late payment of service tax, pl. quote relevant section.

We have deducted TDS as per law, but havent filed the last 2 Quarter returns.
are we liable for any penalty / late fees?
thanks in advance.
Samir Mehta

a company has paid service tax in regular course of bussiness as service provider however in a few cases it has also paid service tax upon reverse charge as a service reciever of imported services.

the question here arises is that havinf paid the service tax as a service provider as well as a service reciever,is it required to file seperate return or will one return is sufficent ?

a company has paid service tax in regular course of bussiness as service provider however in a few cases it has also paid service tax upon reverse charge as a service reciever of imported services.

the question here arises is that havinf paid the service tax as a service provider as well as a service reciever,is it required to file seperate return or will one return is sufficent ?

A person's gross receipts from the profession of tax consultany and audits etc. are Rs. 120000 and from coaching classes are Rs 50000.Would anybody plz tell me if he is required to maintain books of accounts compulsorily.

X is a salaried employee with M Ltd.X has income from other sources (Bank FDs)and salaried Income only-Both of which TDS is deducted.During the FY 2008-09, he has given donation u/s 80G, eligible for 50% wiegthed deduction to a charitable organization.However he cannot show 80G deduction against his salary income.He can claim in Return of income.My query is:This would result in refund of tax.Instead can he avoid refund of tax and fill Form 13 and submit to allow M Ltd to charge a lower TDS Rate?This way he would not have any refund and pay exact amount of tax?Is there any other wat to resolve this problem.Please help.Urgent.Thank you.