Hi Friends,

We place the resources on contract for 6 to 9 months through manpower agencies. This bill the salaries of resources + agency charges + service tax.

The service tax is charged on salaries of resources + agency chages.

My query is that provide the service for which they chage 5% agenct charges to us so service tax should only be on agency charges rather than entires salaries of resouces.

This increase our contracted employees' cost by 20% from thier salary base.

Can some body explain me why service charges leived on salary amount also and is there any remedy to save money from service tax burden on salary amount.

Regards,
Mehul.

Dear friends,

I want additional narration filed in tally 9.2 where I can put the code of 10 to 12 characters.

This will easy my job to filter the data from that filled i excel.

Is there such kind of additional narration field is inbuilt in tally? Please let me know.

regards
Mehul.

A private limited company. Deducted TDS on salaries, not remitted to the govt. from last 6 months, not filed quarterly returns, and also not paid salary for last 2 months. Unable to pay TDS amount to the govt. and not able to issue form 16 to its employees. What is the best solution for this.

hii frnzzz.... hav passed my cpt in dec 2008... am thinking to appear my ipcc both groups in may 2010.....
so ... if any amendments are made in respect of service tax, vat or income tax in april 2010 financial bill....... wat i hav to follow the amended rules or dat of for d year 09-10...... b coz i will b having less time to prepare as per new rules .... wat to do..?????

regards..
n thankz in advance....

yashwant

hii frnzzz.... hav passed my cpt in dec 2008... am thinking to appear my ipcc both groups in may 2010.....
so ... if any amendments are made in respect of service tax, vat or income tax in april 2010 financial bill....... wat i hav to follow the amended rules or dat of for d year 09-10...... b coz i will b having less time to prepare as per new rules .... wat to do..?????

regards..
n thankz in advance....

yashwant

Dear sir / Madam

I have a doubt about deduction of TDS and Service tax. That is For example we are giving Rs.100000/- to one of our consultant. so here we have to deduct the TDS@10.3% (10300/-) and Add the amount of 12.36% (12360/-) so how to deduct..? are we deduct the TDS before adding the service tax amount(or) Have to add the service tax before deducting the TDS. Please clarify my doubt. And one more thing that is how can i get the details of all tax deductions and it's percentages.

Regards
Pavan kumar
Rajahmundry

Dear Sir,

I am providing service to a US company and I am not doing any local business . We are receiving the funds from US in One of my employees account and he is crediting the same to company's account.I want to know can the Govt claim it as a local income and charge service tax on it.
Thanks.

Dear Friends,

A company has constructed a Road on Govt land outside his factory premises for easy convyence of vehicle.

The Question here is whether cost of construction of Road can be capitalized or not.
Further depreciation can be claimed or not.

If u will provide any supporting section or law or rulling if available.

Dear All,

I have received a letter from DIT(Directorate of Income Tax) stating that our Form No 24Q for the second quarter whose "CIN in statement not found in bank data". But when is checked from the "challan status inquiry" at www.tin-nsdl.com but putting CIN number it matches.

What futher i should do to rectify it. Please suggest. Is there any penalty for the same by DIT.

Dear All,

I have received a letter from DIT(Directorate of Income Tax) stating that our Form No 24Q for the second quarter whose "CIN in statement not found in bank data". But when is checked from the "challan status inquiry" at www.tin-nsdl.com but putting CIN number it matches.

What futher i should do to rectify it. Please suggest. Is there any penalty for the same by DIT.