A company is liable under reverse charge for Rent a cab, Legal service from starting 1.07.12 but it has taken registration then.
now company is register from 1.04.14
how can it file return for past periods..?
do they need to Amend Registration..?

Dear All, Good evening,

i have a Big doubt raised by our Auditor:-

we are a film production company. our movie Business is Example figure is - 10 Lakhs
Expenditure is - 12 Lakhs

Out of Business Receipts 10 Lakhs, 6 Lakhs have no service tax bills raised. balance 4 Lakhs we raised Service tax Bills against sale of Movie Rights.

we recognized Input credit of Rs.2,00,000/- out of 12 Lakhs Expenditure.

Our Auditor said that, the input credit will be allowed as below:-

10 Lakhs Business = 2 Lakhs Input credit
4 Lakhs Business = 80,000/- Input credit

so, maximum input credit will be allowed only Rs.80,000/-.

PLS GUIDE ME IS IT RIGHT?

AS PER MY KNOWLEDGE TOTAL 2 Lakhs will be allowed for input credit.

PLS GUIDE ME WITH A EVIDENCE WHICH IS CORRECT?
PRAKASH.

i got exemption in indirext tax in nov,2012..will this exemption remain valid for nov,2014??

What about tax rebate of Rs 2000 u/s 87a in Financial Year 2014-15 for individuals.

IF RETURN FOR AY 2014-15 HAS FILED IN MAY 2014 AND TAX HAS NOT BEEN PAID

OR TAX HAS NOT BEEN DEDUCTED BY BANK THEN WHAT WILL BE THE FOLLOWING PROCEDURE?

ppf limit has been ikcresed from 1 lac to 1.5 lac..... why this has been specifically mentioned in the budget..as if limit u/s 80c is increased...limit of ppf automatically get increased...

Pl clarify whether the rebate of Rs.2000/= allowed under section 87(A)for the financial year 2013-14 Asst year 2014-15where income is less than Rs.5lakhs is available for the financial year 2014-15 AY 2015-16? If it is not there,then the net savings for FY 2014-15 is Rs.3000/= only. Pl clarify

Dear Sir, Please clarify me that compliance certificate is required for financial year 2013-2014

Respected & Dears,
Greetings,

Can We check online, Cenvat Credit available to an Organisation.
Just like TDS deducted by any party can be seen in form 26AS "Statement of Tax CredIT

Thanks & Regards
Dikshant Mishra

good evening sir,i want to know the average salary of CS qualified student