We had paid service tax on export of services. Since it is exempted , can we take credit of it against service tax payable in current year without revising return and all ??

hello sir, I am doing my articleship from (20/09/2012 - 26/09/2015) i.e. 3years and my ca final attempt is may 2015.and I am final CA student I want to ask that in this articleship period if I will take 1 and half year leave then in this case my attempt will postpond or not . I will do my articleship Extension that's not a problem at all but I am worry about my CA final attempt and i.e. in May 2015.and another querry is that can I do my extension period with another CA i.e. not with my current employer..plz suggest me ...

good afternoon sir, i am completed ca-ipcc and i joined articals. i want to transfer articals to another auditor with in one year. please tell me the conditions for termination of articals

Sir

we have received ST-2 on Email ID.
is it sufficient or we have to go ST Departament & collect signed copy of ST-2?

"A" is the assessee, the Managing Director of a manufacturing unit "ABC" in India last 15 years and has 2 manufacturing units in his group companies and he is the managing director for both companies.(ABC & XYZ)

"B" an Inidan citizen who is planning to set up a manufacturing unit similar to the A's unit in UAE and seek service from his friend "A" for the same. The "A" has sound knowledge and practical experience in this field so agreed to provide service to B's company for setting up an unit.

"A" has visited B's place in UAE in the capacity and designation as the Managing Director of ABC company and provided the service for a remuneration for a lump sum amount of INR 50 Lakh as the consultation charges.

After completion of the work "B" paid the amount by way of NRI cheque in the name of "XYZ" company which is the second company of A's group. A clerical error was occurred while sending the account detail of ABC company. Instead of sending the amount in ABC, the "B" has given the cheque in XYZ company on December 2011. Later, a journal passed in the books and transferred the consultation amount from XYZ to ABC. ABC accounted the transaction as Consultation Charges Received and declared as other income of INR 50.00 Lakh.

During the time of the Central Excise audit in ABC company, they made a querry that the assessee has not made any payment as service tax on the income by way of consultation charges of Rs,50.00 Lakh. But the A has never collected service tax from B where as the service is treated as export of service.

"A" and ABC is not a regular service provider.under this circumstance,

1. Does ABC or A liable to pay service tax?
If yes, please advice.

2. If "A" is liable to pay the tax, is there any scope for claim the rebate on this export of service?

3. Is there any provision for utilizing the input credit for the above liability?

Awaiting for experts opinion. Will be thankful for the opinion and advice.

Whether the Pvt Ltd Company can receive the Share application money by CASH

Dear Expert,

I want to transfer share of ABC Pvt. Ltd. to Mr. A.
Whether is it required to ENDORSEMENT OF FORM 7B BY PROPER AUTHORITY or is it sufficient to executed by transfer and transferee with proper stamp duty paid.

If yes where can i get the endorsed form (7b)?
i went to Calcutta Stock exchange but didn't get there.

Please tell me who is the proper authority ?

Please reply soon its very urgent.

Regards,
Mantu Agarwal

I need clarification on following points related to SEZ
1. What documents are required for Subcontracting of materials outside the SEZ Premises.

2. If the materials do not return within 180 days, then will any tax / duty be applicable.

3. When some equipment will be sent outside the SEZ for repair purpose, then what documents will be required.

SIR,
PLEASE CONFIRM WHETHER THE TDS OF A MINOR CHILD SHWEN IN THE FORM.26AS OF A MINOR CHILD CAN BE DEDUCTED FROM THE RETURN OF THE PARENT WHO IS CLUBBING THE INCOME OF THE MINOR CHILD.PLEASE REPLY AS EARLY AS POSSIBLE.

An assessee carrying on a business eligible under section 44 AD and at the same time receving commission from other source of income so will he be disallowed under section 44 AD or will he be allowed for the eligible business and taxed for commission seperately??