Anonymous
12 April 2013 at 18:58

Service tax on construction service

My client has provided construction service to educational institute/college (M.S. University of Baroda). M.S. University is not giving service tax on the bill amount arguing that it is not liable to pay any service tax. Let me know the notification number of exemption if any on the basis of which M S University of Baroda claims that it is not liable to pay service tax and therefore will not pay the same along with bill amount.



Anonymous
12 April 2013 at 18:47

Articleship

R/sir
I a student of CA Final is pursuing my articleship from last 7 months. I want to know that is articleship done from faridabad is not fruit reaping.. I am really confused but i am a bit satisfied with the. work environment there.. So i just want you to please guide me that whether i should continue with it or not...


AJAY THAKKAR

DEAR SIR/MADAM

I WANT TO KNOW THAT IF SOME ONE EARNS
RS 1,80,000 P.A IN PROFESSION BUSINESS OF PHOTOGRAPHY/STUDIO...AND HE WANTS TO PURCHASE HOUSE OF RS. 15,00,000 , AND WANT TO HAVE LOAN AGAINST IT..

FOR THAT, UP TO THIS HE HASN'T FILLED ANY ITR
1)HOW MANY ITR REQUIRES FOR LOAN?
2)ANY THING LIKE DURATION BETWEEN FILLING ITR?
3)HOW MUCH LOAN HE CAN BORROW AGAINST THAT AMT OF 15,00,000?
4)WHICH OTHER DOCUMENTS ARE REQUIRED????

PLS HELP IN THIS..
THANKS


Anil
12 April 2013 at 17:57

Income tax demand notice

I have received a demand notice under 143 (1) - u/s 234 B and C.
How do I make the payment?
If it is Challan no 280 do I select Advance Tax or Self Assessment Tax or Tax on regular assessment ?
What else do I have to do ?


Mantu Agarwal
12 April 2013 at 17:50

Means of paid up capital u/s 383a

Dear Expert,

suppose capital of a listed company are as follows :

Paid -up Eq. Cap = Rs. 2 Crore
Preference shares = RS. 12 Crore
____
14 Crore

1 ) Now my question is whether Sec 383A will be applicable or not.

2) whether clause 49 of listing agreement i.e corporate governance will be applicable or not.
as the act said All the listed company whose paid up capital of Rs 3 crores and above or net worth of Rs 25 crores or more

In short I wanted to know value of preference share would be added in paid up capital or not.

Thank You.


Mansi
12 April 2013 at 17:45

Service tax applicable or not??

Dear Experts,

I m going to start providing tea in various companies. I planned to put a tea vending machine and one care taker, and going to be raised monthly tea bill. I want to start business in Mumbai Maharastra.
Please guide me whether service tax or any other taxes applicable to me??

Thanks



Anonymous
12 April 2013 at 17:40

Service tax registration

Respected Members,

I am a owner of a taxis which is used in a call center.

I have made a one year contract with the company to pick and drop the employees of that company.

Company is saying it will pay my service tax.

Now my turnover is more than 12 lakhs.

I want to know

1. should i get the ST No.? if i work with only one or more co.




Anonymous

Sir,
In case of transfer takes place of govt. employee in the same financial year under two employers and two different TAN numbers also then form 16 will be prepared consolidated or separated? And if form 16 will be made separate then deduction u/s 80CCD comes in which form 16?

Thanks in anticipation.



Anonymous
12 April 2013 at 17:16

Capital gains

My relative is having some acres of agricultural land both from purchase and inherited. Last year he converted part of those lands into plotting and entered into real estate business. he showed all his sale receipts as business income and paid tax on that. Is it correct or the income on sale of land should be shown under capital gains. He is presently doing real estate business.



Anonymous
12 April 2013 at 17:13

Share transfer

Dear Members,

Who all can endorse on the back of share certificate in case of Share Transfer. Can a Director of a transferor company can sign or the Director/MD/Authorized signatory of a company whose share are being transferred signs on its back.

Thanks





CCI Pro
Follow us


Answer Query