We are having service tax number as input service distributors

we have to file returns of the same .

we take credit of services provided to us ( at our office address )and than transfer these credits to our factory location by raising a invoice.

in that case are we needed to file returns and if so under which notification

Sir,

I have my PCC exams on November 2009. My principal has told me that he will not grant me leave till September 2009. I need atleast 2 months for study. Please tell me what can I do ? Now that new regulation by ICAI that we cannot take transfer has led us students like me in having more pressure and tension.

Sir,

I have my PCC exams on November 2009. My principal has told me that he will not grant me leave till September 2009. I need atleast 2 months for study. Please tell me what can I do ? Now that new regulation by ICAI that we cannot take transfer has led us students like me in having more pressure and tension.

If assessee is an individual and working as software consultant.

His gorss receipt from profession is more than 10 lacs so he is required to do audit of his accounts.

Now my query is :-

1-4-2006 - 31-3-2007
1-4-2007 - 31-3-2008
Both the Income tax Return still not filed and not tax audit done.In both year gross receipt is more than 10 lacs

If now assessee is ready to file the both returns.

Query :- 1. Can he file both years returns 2.what is penalty for late filing the audit report and Income tax.

Should we make provision for cost audit fee in 2008-09 accounts, deduct TDS and issue TDS certificate when neither the audit will be conducted before the finalization of balance sheet nor any bills will be received from the cost auditors.

If we create povision and issue TDS certificate, will not it create problems for the cost auditor who might not have taken the income for 08-09 in his IT return for which we will issue him a TDS.

Any advice.

Should we make provision for cost audit fee in 2008-09 accounts, deduct TDS and issue TDS certificate when neither the audit will be conducted before the finalization of balance sheet nor any bills will be received from the cost auditors.

If we create povision and issue TDS certificate, will not it create problems for the cost auditor who might not have taken the income for 08-09 in his IT return for which we will issue him a TDS.

Any advice.

PLZ BRIEFLY TELL ME THE CONCEPT OF VAT

Can any one suggest me that according to "Declaration under notification No 32/2004-Service Tax" transport of goods by road service under the provisions of the Cenvat Credit Rules, 2004 during the period 01/04/2005 to 31/03/2006.

Now my Question is that it is neccesary to Deposite Service tax for the above services, when we receive material from supplier we have to deposite Service tax for the same with form no. ST3 also we are engaged in Builders & Developers Group so plz slove my question.

Sir,

Please tell me the Guidelines regarding Section 40A(3), & Brief Idea about this section.

answer must be urgent

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.