Is hiring of plant & machinery comes under the net of service tax after the Union Budget 08
Our compay given contract for printing of stickers, brouchers and flipcharts to outside party.
Bill amount was Rs.19590.00
on that VAT - 4% Rs. 784.00
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Total bill amount Rs.20374.00
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on that TDS Rs. 462.00(2.266%)
this procedure was correct or not?
Tds deducted with VAT or without Vat?
Please solve sir, I am waiting for your valuable suggestions.
Dear sirs, first of all thanks for your guidance on my query u/s 269SS.
now there is another problem I am facing regarding TDS on bills inclusive of service tax. Since I am availing credit of service tax so I pass the entry of service tax in input credit account so in expenditure side i only book the net figure( escluding service tax). so the issue is that for diallowing of expenses i have deductred tax on the expense which is coming in p&l a/c but service tax which is claimed as input service tax i have not deducted any service tax. please guide me.
Assessee is a partnership firm consisting of four partners.All the partner together introduces a sum of Rs 15 lakhs in the form of capital introduction.The query is whether the firm falls within the criteria for scrutiny selection considering that it comes under the non metro city
sir
employer contributes some amount to unrecognised pf and unapproved gratutity fund on behalf of employees.is it admissible expenditure in business under what section? if it is inadmissible it is taxable in the hands of employer.and same is taxable in the hands of employee at the time of receipt,so there is double taxation on same.how it is possible?please explain me elobrately.
sir
employer contributes some amount to unrecognised pf and unapproved gratutity fund on behalf of employees.is it admissible expenditure in business under what section?
what is reverse mortgage. what are the benefit under Income Tax for reverse mortgage
Hello sir,
How many times a article can transfer his articleship from one firm to another in total articleship period.
Kindly reference me the said clause or para.
Two individuals assessees(husband & Wife) having two separate service tax registration, jointly own a commercial property, which has been let out.
Can they save service tax by forming partnership. if yes, should partnership deed be executed before construction of property or can it be signed after construction of property?
Both the assessees are service tax payers in their proprietorship business thus limit of 8,00,000/- in each case has already been crossed. Rental income is 2,40,000/- jointly. I could not understand the last statement in Mr. Dayal's reply. Please explain
Please explain.
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