We are a 100% EOU Unit & importing raw materials from other countries & same will be processed as finished goods and exporting. we are using CHA services for clearing the consignments while importing & Exporting for this we are receiving service invoice he charges service tax but we are not taking or showing Cenvat credit In ER-2 Returns.
my question is can we claim refund of service tax of services we used while import & Export? or Services we used for export can only eligible for Refund?
Please clarify

HELLO sir....,
Is Depreciation mandatory as per IFRS even if Company is in loss & will show profit if depreciation postponed to next year....

is it treated as rent and attract TDS under 194 - I

1. apart from fixed rent any payment like annual maintenance reimbursement to owner of asset(whether or not a written agreement/arrangement) - whether TDS provisions will attract or not.

2.If not attract TDS any consequence under section 40(a)(ai)(dis allowable expenditure)

Please give clarification for the above with supporting and references,case laws if any.

Dear All.

We are merchant Exporter and want to Export Grocery products ( Indian Kariyanu) to African Countries. We purchase Grocery from Different Manufacturer and bring all the grocery to our warehouse. We can go for dock stuffing but we want to stuff the container at our Warehouse and seal the container self. Shall we get the container self seal permission from Custom and Excise?

Kindly guide us how to step? shall we get permission? or we have to go for dock stuffing only.

Waiting for your guidance and best advise.

XY ltd. purchased a car worth of 6,84,000(including vat@12.5%=76000) on 15/04/2008. Now on 16/10/2012 company sold that car for 290000/-. now my question is whether vat applicable on this? how much? if there is any provision of law please mention it.

DEAR EXPERTS,

I AM A SALARIED EMPLOYEE AND MY SALARY IS BELOW TAXABLE I WANT TO UPLOAD IT RETURN
SO I HAVE TO PUT INCOME FROM SALARY IN INCOME 7 DEDUCTIONS PORTIONS IN ITR 1, DOWNLOADED FROM ITEFILING WEBSITE

I CAN'T UNDERSTAND IN INCOME FROM SALARY WHAT AMOUNT TO BE ENTERED ISIT GROSS SALARY OR NET SALARY ?

GROSS SALARY ********
LESS: P TAX
LESS ESI
LESS PF
NET SALARY******

I can see online outstanding Tax Demand 1200/- for assessment year 2010-11. where can i pay these amount. can you please guide me.

Thanks,
Mukesh

what is the difference between payment of service tax and filing its return?

please help

what is the difference between payment of service tax and filing its return?

please help

OUR CLIENT IS PARTNERSHIP FIRM.........

FIRM HAS TAKEN LOAN FROM DIFFERENT PERSON FOR RS. 20,000/- OR LESS FROM DIFFERENT PERSONS. FIRM TAKEN SAME LOAN FROM MANY PERSONS AND NOW IT WANT TO PAY THESE LOANS IN CASH.

IS IT POSSIBLE FOR FIRM TO PAY THESE IN CASH UNDER SEC. 269T..........

2. FIRM HAS GIVEN LOAN TO OTHERS ALSO OF MORE THEN RS. 20,000 BY ACCOUNT PAYEE CHEQUE.
AS AN AUDITOR IS THESE IS NEED TO REPORT THIS LOAN GIVEN BY FIRM TO OTHER UNDER AUDIT REPORT.