Is service tax is payable for the rent received towards installation of Mobile towers at the roof top?
Dear Sirs,
We are under construction of a new excisable manufacturing unit( Cement plant). During construction period we are using TOR Steel for RCC work
And using STEEL PLATES, ANGLE, CHANNEL, BEAMS etc for factory shed & for fitting up of cement machinery.
Can we availed CENVAT benefit on TOR STEEL, STEEL PLATES, ANGELS, CHANNELS etc
Please provide me case reference etc.
Please take the matter very very urgent.
Regards,
Sudip
for a 10B company - debonding charges paid on assets taken on loan basis will be capital or revenue nature?
why a promissionary note cannot be made payable to a bearer?
and a bill of exchange made payable to bearer when it is a demand instrument?
A. Can unabsorbed depreciation in the same year by setoff against the salary income
B. Can Carried Forward unabsorbed Depreciation be set off against Salary income
Compnay A LTD has given a corporate gurantee in favour of Z LTD.
Is it necessary to register this corporate guarantee given by A LTD with Registar of companies.(For registering charge on A LTD's assets)
Mr X with virtually no income recd 5 lac from LIC which is fully exempt u/s 10(10D)
However tax liability appeared due to clubbing provision as minor son earned an income of 3 lac in that year.
Can Mr X claim deduction under Chapter VIA (80C, 80D, 80G) by depositing money recd from LIC.
In short, does Chapter VIA provide that deductions will qualify only if it is made from taxable income.
Could anyone pls clarify?
The term loan includes any deposit made by a company to another company............
Does the term "any deposit" means a trade advance made by a company to another comapny is included in the definition of section 372A and whether such advances are required to be included in the Register of Investments.
Hi,
We are software house and we are in the process of restructuring salaries to reduce tax burden.
One of the ways we will be following is to bring in more reimbursements for employees, which is covered by FBT and not taxable to staff.
The reimbursements are
- Petrol Bills, vehicle Maintenance, Entertainment expenses etc.
My query is
- Can this FBT be recovered from the staff officially (means showing it as part of the salary break up)
Regards
Sivaraman
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Service Tax under RIS