Anonymous
29 March 2013 at 00:14

Whether service tax is applicable

Dear Sir,

One of my client is doing the business of selling cement packs to end users which were purchased from Cement Manufacturer directly. For the bulk purchases made, the trader is rewarded by the manufacturer in the name of commission after deduction of TDS.

Whether service tax is applicable to this Commission received by the trader.?

In case the person who is acting as an agent (who neither purchases nor sells)whether service tax applicable to this activity...?


Rahul Jain
29 March 2013 at 00:00

Entry tax issue

Sir,
My query is regarding entry tax levied goods.
Entry tax is levied on total invoice value at the rate of 2% on any particular good.
But if the seller who is selling the goods is giving a credit note on such invoice on which entry tax is levied whether such should be reduced from the entry tax charged.
And such credit note is regarding the rate difference between the actual invoice raised and rate settled between the parties.
What should be the tax liability to such tax payers? And whether they should adjust such credit note amount during payment of entry tax?



Anonymous
28 March 2013 at 23:39

To change the exam centre

DEAR SIR ,
DUE TO BCOM EXAMS ARE ON HEAD MY CA EXAMINATION CENTRE N BCOM CENTRE IS IN DIFFRENT CITIES N BOTH THE EXAMS CLASHES EACH OTHER SO PLEASE SUGGEST ME THAT CAN I CHANGE THE EXAM CENTRE OF CA IPCC ... PLZ REPLY ..


devendra

Under what head, Prize money received from Motar Race is Taxable?. and what Rate?.. Can we claim expenses against the Income??


shradha_sharma

Mr.X resides in India & he & his wife received cash,as gift from his son who is residing in foreign out of his tax free income.IS Cash received from son is taxable in hands of Mr X & his wife.



Anonymous

I want to file my a.y.2012-13 ITR-4,
I have long term loss from shares of rs.25000,
and short term loss from shares loss of rs.10000,

in itr form where this mention

please help


CA Abhishek Singh

Hello everyone,

one of my client was doing advertising business under proprietorship.

he formed a pvt ltd company fin fy 12-13. he divided his business between proprietorship firm and co.

fixed assets like computers, printers, air conditioner, vehicle which are in his personal name are actually used by the company.

My question :
how to transfer assets in the books of the company to claim depreciation ?


rupesh

i had filed my income tax return for a.y.2012-13 in 25th august 2012. but i failed to send my itr signed copy to banglore cpc.

then they mailed me to submit your itr signed copy.

but unfortunetly i missed it not the period of 120 days had ended and still i havent sent it.
what should i do with this problem. shall i sent this again to cpc valid or not or revised the same return and send both copies of signed itr please its urgent



Anonymous
28 March 2013 at 19:07

Treatment of fixed deposit

Charitable trust has invested money in fixed deposit in bank.. what is the tax implication for the same. whether it should be considered as application of income or not?
plz solve it urgently..


CA RAHUL JAIN
28 March 2013 at 18:55

Filing of st-3

Assessee is a Logistic company. The Company is charging and receiving service tax on some bills on which the service receiver is not ready to pay service tax directly to Govt as Service receiver. Company is not charging service tax on other bills as the person who pays freight is liable to pay service tax and they are discharging there liability. Whether to fill service tax return under Goods transport Agency Service or Goods Transport Operator Service in ST-3.





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