We are taken a maintenance contact of a commercial site accept all maintenance work, we also provide the parking facility to visitors can we charge the service tax on parking amount from visitors please clarify.


Thanks

since MAt is paid on book profit, can we have the accreuals included to arrive at the book profit. if yes with in what period the accreuals needs to be paid
(or)
whai is the minimum perod tofor payment of accreulas As per MAT
1 Provision for Bonus
2 Provision for Leave encahment
3 provision for Gratuity
4 provision for Audit fees... etc
if we need to arrive the book profit according to the MAT, do we need to disallow any of the above provisions.
or if the same is considered as expenditure to arrive at the MAT, what is the Max timeline given to pay off the above said provision.

In respect of goods specified in first schedule,whether activity of packing would amount to manufacture?

Additional Query:Whether activity of packing is incidental or ancillary to manufacture?

Hi... As I am new to Income Tax, I ve a few queries. What is the meaning of Assessment Year 2008-09. if I have to file my ITR-4 for the last financial year, i.e. 2008-09, then what will be my Assessment Year. While going through the Income Tax website for e-filling return at https://incometaxindiaefiling.gov.in, e-filling for AY 2006-07, AY2007-08, AY2008-09 is avaliable, So which one should I choose to file my return. I ll be gratefull if anyone can guide me on this. thanks in advance...

Please tell me about Sec. 80IB of I.Tax Act for Residential, Commercial & Hotel Project.

Sir,

Is it compulsory to remit T.D.S & T.C.S for firm , Companies through net banking due to recent change T.D.S/T.C.S , and bank will be prohibited to accept the T.D.S/T.C.S challan. Waiting your valuable guidence

Hello Experts,

Pls guide me to the following:-

1. Can we provide depriciation to assets only for the number of days used (say put in to use in the middle of the year and put on hold after few month but before year end)is it legal according to Co., Law.

2. Is it possible to provide depreciation as mentioned above and also reduce on account of impairement of assets in the same financial year. (under Co. Law and IT)

3. if Possible Impairement on which value on WDV on Gross block.

Thanks in advance.

If suppose ,one companies income tax provison working comes to 25,00,000

advance tax - 10,00,000
TDS -5,00,000
Self assesment tax payable - 10,00,000.

Please tell me all the accounting entries to passed for provision of income tax.

Whether the advance tax and TDS is to be brought back together in provision account?

Or
Advance tax and tds is to be shown seperate in asset side. And the grouping of provsion is to be done under the assets side. Say a group Taxation provision consist of Advance tax ledger,TDS and Provison.In this case no need to be net off.But whether this is OK.Please clarify.

Dear sir,

I am currently registered under PE-2 can I transfer the course to IPCC or is there any way to direct enrolment to IPCC.

I already talked to Mr. Ravi in Delhi & he confirmed that it is possible only after june'09

Is it right please confirm any one......

Thanks in advance

Can HUF partnar be awarded one time fee every year which will be not given as remunaration, but as some sort of consulting charges, but it should not fall under service tax bracket?