Sir my client has given services of advertising.
For the month of feb he has provided services of 500000.00 and accordingly created liability @ 12.36%, now since the service tax liabil;ity is not based on billed amount but on the amount received for the services rendered or to be provided. my client received only 100000.00 up to 29.02.08 so what amount he has to deposit on 5.03.08 .What will be rectification entry if he assum that it cann't recovered anymore.


Thanks in advance.

Sir,
I am slightly confused about conveyance expenses which is covered under FBT.
My question is that how the conveyance allowance for the performance of office duty( exempt under 10 (14)), is differ from conveyance covered under FBT.
Please provide the coverage area of such head in FBT.

Foriegn payment due but not paid,provided and credited to suspence account on the date of closing of accounts .whether TDS to be deducted and paid by 31st May.

Dear All ,

My query is about Delhi Vat, If we received samples from Foreign country as free of cost sample with no commercial value & same we distribute agains as sample in India. Then is it taxable under Vat or not. If taxable where it is mentioned in VAT.

Deepak Maheshwari
+91-9891006006

Dear Sir / Madam,

I am an NRI from U.S. I have got my D-mat account from my bank when I was in India. My question is can I do online trading (investing shares) with my D-mat account now? Also can I invest in Mutual funds?

Can Lab and Diagnostic centre has to register under service tax ?
its business is blood test,urine test etc
its turnover is exceeding 8 lakhs limit.
which category of service under it falls ?

Please explain the provision regarding DTA and DTL. when,why and how it arises. what precautions to be taken.

We are paying 50000/- per month Basic salry to a employee who is working in our branch office at bangalore we are given a flat for his resident our company has been paying an amount of Rs.20000/- p.m. towards flat rent and debited to rent - executives staff a/c while arriving of his personel income tax liability hou much of perquisite to be taken in his computation of total income

Annual Salary - 600000 p.a
Allowances - NIL
rent paid by the company for his rent free accomodation - 240000 p.a.

Kindly give the provisions applicable for the May 08 exams for the following
Commercial Paper
Treasury Bills
Inter Bank Participation Certificate
Inter Corporate Deposits

hello,
i want tally 5.4or7.2 tally software