sir iam a interior decorater iam doing a project to a company like aluminium partion , flooring, electrical , work station and false ceiling,engaging labour and materials , so what is the TDS they should deduct 2.06% or 10.3% please help me
sampleboy2004@yahoo.com

Company has only Two Share holders who are non resident Indians.
Can the First AGM be held out side India for the conveinence of share holders
If not what is the other option.
Can they make a joint holder in India
What is the procedure for the same

Can A Manufacturer of Yarn (Cotton/Fiber) take CENVAT Credit on Service Tax Paid on Mobile/ Landline bills?

My another question is that-

1) if Company is paying the mobile bills of employees (Connection are in the name of Employees)

2) If Company is paying the mobile bills of employees (Connection are in the name of Company)
-Then what are the provisions?

Please Reply...

I've completed pe2 in Nov '08 & i'm pursuing M.Com in correspondece from ICFAI. I registered for M.Com in Sept '08 & have completed one of the groups already which was held in Jan '09. But then I didnt know that I've to obtain permission from ICAI for doing M.Com within one month of joining the course. I've sent Form 112 on 26.03.09 i.e the date of joining articleship. Will there be any problem pusuing M.Com?

I am currently doing my industrial trainee in a company. My articleship is expiring on 7th April 2009. Can u tell me the forms which i need to submit to CA Institute?
Also i have taken excess leave under my previous employer where i was doing my articleship. Can i serve my excess leave in this organisation where i am doing my industrial trainee? Which forms i need to file for excess leave and do i need to file form 105 (certificate of completion of industrial trainee) again for excess leave served or the one to be filed by now for completion of industrial training will be enough?
Also i need to know whether doing industrial trainee from a very reputed organisation helps in the final placement even though this will be my third attempt in June 09 (IInd Group). I cleared my first group in first attempt in May 08 but couln't clear IInd group in Nov 08.

6 MONTHS AGO,AT THE TIME I WAS FILLED THE ST-3 FORM,AN ASSESSEE HAS ALSO CLAIM CREDIT ON SERVICE TAX,AN OFFICER DEMAND THE CREDIT UTILISATION CALCULATION SHEET.
CAN U GIVE ME A COPY OF CREDIT TAKEN AND CREDIT UTILISATION SHEET.

Dear Sir / Madam

Greetings of the Day !

My company carries the Hospitality Business & have Service Apartments Hotels.

We need the opinion on the following points regarding the service tax.

Present Tax Structure for the Banquet hall with the food supply

PRESENT TAX STRUCTURE FOR BANQUETS
PARTICULARS AMOUNT SERVICE CHG. SERVICE TAX VAT TOTAL TAX INCL. SERVICE CHGS
FOOD 100.00 5.00 6.48 13.13 24.61%
SOFTDRINK 100.00 5.00 6.48 13.13 24.61%
LIQOUR 100.00 5.00 6.48 21.00 32.48%
MISC. 100.00 5.00 10.81 0.00 15.81%

• 40% abetment is taken on F & B for Service Tax.
• Vat charged on Full F & B including service charge
• No abetment is taken on Misc. under convention

In the above case the total tax comes to 24.61% on F&B & 32.48% on liquor which is very high.
Even we cannot take Service Tax Input Credit being the abatement taken.

We need the opinion in the above case:

• Can we make one bill defining the service (hall rental) & food sale with the respective taxes ?

• What will be the basis for service : sale ?

• Can we split the bill for service (hall rental) & food sale? If we can split the bill what will be the basis for services : sale.

• In case of Out Door Catering what will be the tax structure.
• Can we take input credit on misc., its been fully taxed

Please reply with the details so that all the confusion gets over. Thanks in advance

BY MISTAKE ASSESSEE HAS PAY EXCESS PAID SERVICE TAX SO,HOW I WILL DISCLOSE IN FORM NO. ST-3 AN EXCESS AMOUNT IN WHICH COLUMN?

if any vendor on which we are already deducting TDS @2.266% is charging service tax on out of pocket expenses incurred by him.

shall we charge TDS on bill of out of pocket expenses of that vendor?

Respected Seniors,

What will be the result if Tds deducted is not accurate or according to the law?
e.g. If HRA exemption u/s 10 (13A)is given to an employee for a rented house in other state while he is living in his own house at the place of present posting. He has a loan for that house & also availing deduction u/s 24 (b).

The Emploee is posted at X city. He has his own house in that city. But he wants exemption u/s 10(13A) for a rented house in city Y because his family lives there.
But as per sec. 10(13A) he can not claim exemption if he is not living in that house. Am I right.