is any kind of exemption given to ca students in cs 15 months training.

Hi

I just wanted to know one thing about the applicability of service tax on taxi hire charges. we have hired a taxi and we are paying him Rs. 20000 every month, but the service provider is an individual and not chrged the service tax on such service, so do i deduct service tax on behalf of him and then deposit it to the concern department, if yes then what is the percentage of the same and on what amount it will be deducted??
waiting for the reply

Thanks

I have got mixed compendium of opinions from the expert committee of the institute in regard to accounting treatment of the waiver of principal amount of govt.loan taken for the purpose of capital projects.
Some of the experts have given their opinion in favor of crediting the sum to profit & loss a/c while the others in favor of capital
Reserve.
I personally in favor of the latter.
Seek suitable advice in this regard

Snehanshu

Is there any issue if i dont show any jewellery as asset in my tax return but show the same in wealth tax return

Can a Depreciable capital asset which is used for the purpose of business can be converted into stock in trade?
if yes then how it is calculated?
thanks in advance.

SIR,
TAX CHAALANs wrongly SUBMITTED AS SELF ASSESSMENT TAX 2012-13 instead of ADVANCE TAX PAYMENT FOR ASSESSMENT YEAR 2013-14 ::

since i had wrongly submitted the tax in 4 chaalan as SELF ASSESSMENT TAX (300) assessment year 2012-2013 in place of ADVANCE PAYMENT TAX assessment year 2013-2014..what is remedy for this rectification. SINCE THE AMT PAID IS VERY LARGE, I AM TOTALLY UPSET. THE AMOUNT PAID ON 13-12-12, 05-03-13, 11-03-13 & 27-03-13.

THIS WAS KNOWN TO ME ONLY TODAY. SO PLEASE ADVISE ME FOR THIS PROBLEM.

Thanking you,

Is Service Tax payable on Fees paid to Lawyers Firm by an Individual? (I assume that this is payable by only Non-Individuals). Please guide.

I have not completed 1 year of articleship and I am planning to take transfer.
I want the detailed procedure that i should follow to take transfer?
Do I have to take institutes permission before filling up form no 109
Or
Can I directly file form no 109 with the institute, prior consent in the 1st year is not required?

Want to khow whether TDS is applicable if we are making payments(related to software services) to overseas branches of indian entity?

Dear Experts ,

There is a Purchase Order as per date:01-02-2013 includes
material rate:2 per unit
quantity: 100
tax rate:12 %

invoice also raised on 05-02-2013.

After 28-02-2013 new budget released and tax rates are changed from 12% to 14%.
and we want to return the stocks to the
vendor on 10-03-2013 means after budget.


my doubt is which rate of tax % we need to
consider to return the stock,
tax rate as pet PO or new tax rate as per budget?

please clarify my doubt.


Thanks
sadasivarao