what is the proper explanation to Rule5(2) of Service Tax.

My company is into engineering consultancy. when we provide service to clients we have to arrange vehicles at the project sites as per the requirement of terms of agreement. client pays us against vehicles at a fixed amount per vehicle used per month. will it be a part of taxable service for calculating service tax or it should be excluded from taxable value of services as per Rule 5(2).

Please reply with proper explanation of the term 'pure agent' .

Thanks a ton.

I am a CA final student and want to pursue CS. I have completed my B.Com (Graduation Course)& so I can directly enter 2nd Level of CS i'e Intermediate.

I want to know is it compulsory to undergo 15 month Industrial training even if I don't want to practice & want to undertake a job as career?

Please tell me......

An individual having a small business of steel Almirah.His annual income is below exemption limit.Is it necessary for him to maintain books of accounts .plz explain.If he is not maintaining then how his income tax will be calculated and return will be filed.
What is necessary for proprietor to have to make books of account.Is it sales tax number?

whether it compulsory for the individual whose books are audited u/s 44AB to compulsory e-filing the the income tax return or optional for the asstt year 2008-09 and 2009-10

Is it necessary to made new partnership with limited liability

This is a case of a limited company( unlisted closely held)
As at 31-3-2009 the balance sheet shows the following balabnes:

Share Capital Rs 65 lacs
Unsecured loan 60.39 lacs
Total 125.39 lacs

Assets:
Fixed Assets Land 1.79 lacs
Net Current Assets .56 lacs
Accumulated losses123.04 lacs
Total 125.39 lacs

The company is not in operation since 2001.
The company is also not paying interest on unsecured loan. As the loans are also of shareholders and directors these can be waived off also.

Please suggest how this balance sheet will be closed.

Thanks & Regards

AN ARCHITECT HAS RECIEVED CONTRACT CHARGES IN THE FINANCIAL YEAR 2007/08. THE CONTRACT WAS OF INTERIOR DESIGNING INCLUDING MATERIAL AND LABOUR.

HE HAS NOT FILED RETURN AND HAS NOT PAID SERVICE TAX.

KINDLY LET ME KNOW WHAT IS THE SERVICE TAX LIABILITY?

WHAT COULD BE PENAL PROSECUTION ON THE ASSESSEE?

CAN THE COMPOSITION SCHEME BE MADE APPLICABLE?

THANKS

which color pen used by statutory auditor & internal auditor while cheking vouchers etc.
if we are working in office & we have to check the voucher as internal cheking then which color pen we shoud used?

I paid Advance FBT on 15th June,2009. then what is the treatment for this F.Y. and who will pay the FBT from 1st April,2009

hi
can a refund return be filed late..? will there b any penalty for it..?