whether wealth tax is applicable for company vehicles which are in fixed assets? If applicable the tax is on WDV (as per IT Act) or on company's net value?
Whether interior decorator can deposit tax under Section 44AF??? Whether the interior decorator can presumed to be a retailer as per section 44AF, he provides services to Direct customers not to the builders?
Dear experts
Prior to joining articleship, I was showing salary in my return which I was getting from the factory of a relative.
Now I'm confused what should I show in my return as my training is going on.
Can I show stipend? Whether stipend is exempt?
OR
Can I show a fee from consultany given on sundays only??
OR
Can return having NIL income be filed?
Please guide in this regard
Thanks
What is the divident distribution tax and what is the rate and when it is payable?
Regds
hi everyone,
anyone please tell me what does what is the difference between listed share/ quoted / unquoted etc.
in india are all share listed & quoted?
Dear Sir,
One of my friend has earned commission on sales and T.D.S has been deducted theron , aprox. 90000/- and he has also earn aprox Rs. 60000/- profit from manufacturing of Auto Parts. He do not maintain any books of account or sales register or invoice book etc. Whether his return should be filed in ITR IV or ITR III. Whether he legally bound to maintain books of account or not.
His wife earns earn approx Rs. 1 lakhs from Tuition . Whether her return can be filed in ITR III.
Thanks
The query is :
In case of a manufacturing company, the CO. is required to pay to the department on the freight bills from the tranporter.
FOr the payment and availment of credit should this be included in the service tax registration[if applicable and if the company the has not got it registerd whether the credit for the amount paid can be availed]
Dear All,
Our company is an IT company and comapny doing the software development internaly. Presently the company undertake a training program in Java and Dot net course for that purpose company charging from the trainees Rs 5000 each and presently the company had collected Rs 30,000 total.
Kindly advise whether the service tax will be applied to the above case , please advise at the earliest.
Hi,
We have a service oriented unit.We are registered under the Service Tax registration and have the number also.But not registerd under the Excise. For setting up the unit we are purchasing the capital goods and paying the excise duty for the same. Can we take the capital goods CENVAT credit against our service Tax liability in this case..?? Experts are saying for takeing the CENVAT credit, purchase invoice contains the buyers ECC number is a mandatory one, but not seen in any of the CENVAT rules.
Could you please helop on this..??
Regards
Sreenath.
applicability of wealth tax