sir
I am an CHA.
I purchase clearance with servicetax & sale with service tax.Some time the purchaser charges excess agency charges.agency charges are charged service tax.some time we deduct the excess agency charges and its service tax.

Eg: agency charges 1000
service tax 10.36% 104
total payable 1104
paid (800+83) 883.00

can i reverse the remaining charges with service tax (200+21) 221.00 same like purchase return and say the duration for reversing the entry
entry:(agency purchase )dt1/10/09
party ac cr 1104.00
agency dr 1000.00
st 10.36% dr 104.00

reverse entry (deduction)dt 31/3/09
party dr 221
agency cr 200.00
st 10.36 21.00

please say

can u give me a information about the on which date it will announce and if it is announced please give me a list

please say me how shound i call. interest:

service tax payable: october to december
Rs.66700.00
this amount is to paid on 1/4/2009 so how much should i pay the interest.How to calculate the interest

pls.so eg: for calculation

please say the date for payment of service tax qtrly & also return filling dt.

Sir,

Can you provide me any list / link where i can get the exhaustive list of schemes covered under section 80C of IT Act.

Thanks

Subhash

One Public Co. incorporated on 13.03.2008 is wishing to compile its first annual accounts as on 31.03.2009 and not 31.03.2008 which is permissible under Companies Act. But I want to know whether it is liable to file Return of Income for AY 08-09 or not ? and also whether it is required to be audited because it is not falling under Sec 44AB ?

Please reply.

can director appoint proxy in case of a pvt. ltd. having only two directors residing outside the country.

thanks

what is the accounting treatment of service tax on telephone expenes

what is the accounting treatment of service tax on telephone expenes

Dear All,

An assessee has paid interest u/s 234B in the year 2007-08 for the short fall short payment of advance tax for the year 2006-07.
Whether the interest paid is allowable as deduction in the computation of taxable income for the year 2007-08.

Regards,

V. Jagadeesan.

Sir,

Is investment in Post office Monthly Income Scheme covered under 80 C ?

Reply urgent

Subhash