lakshmi
06 April 2009 at 21:06

Service Tax under RIS

Is service tax is payable for the rent received towards installation of Mobile towers at the roof top?


sudip

Dear Sirs,
We are under construction of a new excisable manufacturing unit( Cement plant). During construction period we are using TOR Steel for RCC work
And using STEEL PLATES, ANGLE, CHANNEL, BEAMS etc for factory shed & for fitting up of cement machinery.
Can we availed CENVAT benefit on TOR STEEL, STEEL PLATES, ANGELS, CHANNELS etc
Please provide me case reference etc.

Please take the matter very very urgent.

Regards,
Sudip


R.MURUGADASS
06 April 2009 at 19:25

dedonding charges

for a 10B company - debonding charges paid on assets taken on loan basis will be capital or revenue nature?


Sumit Jain
06 April 2009 at 19:24

negotiable instrument act

why a promissionary note cannot be made payable to a bearer?

and a bill of exchange made payable to bearer when it is a demand instrument?


Rajat
06 April 2009 at 19:18

Sec 71 & Sec 72

A. Can unabsorbed depreciation in the same year by setoff against the salary income


B. Can Carried Forward unabsorbed Depreciation be set off against Salary income


Ravi Mishra
06 April 2009 at 19:09

Registration of Charge

Compnay A LTD has given a corporate gurantee in favour of Z LTD.

Is it necessary to register this corporate guarantee given by A LTD with Registar of companies.(For registering charge on A LTD's assets)


Rajat
06 April 2009 at 19:06

Deductions under Chapter VIA

Mr X with virtually no income recd 5 lac from LIC which is fully exempt u/s 10(10D)

However tax liability appeared due to clubbing provision as minor son earned an income of 3 lac in that year.

Can Mr X claim deduction under Chapter VIA (80C, 80D, 80G) by depositing money recd from LIC.

In short, does Chapter VIA provide that deductions will qualify only if it is made from taxable income.

Could anyone pls clarify?


Reena

The term loan includes any deposit made by a company to another company............


Does the term "any deposit" means a trade advance made by a company to another comapny is included in the definition of section 372A and whether such advances are required to be included in the Register of Investments.


K R Sivaraman
06 April 2009 at 18:15

Fringe Benefit Tax

Hi,

We are software house and we are in the process of restructuring salaries to reduce tax burden.

One of the ways we will be following is to bring in more reimbursements for employees, which is covered by FBT and not taxable to staff.

The reimbursements are
- Petrol Bills, vehicle Maintenance, Entertainment expenses etc.

My query is
- Can this FBT be recovered from the staff officially (means showing it as part of the salary break up)

Regards

Sivaraman


Jins
06 April 2009 at 18:05

HUF

Is there any document or deed needed for creation of HUF ?