Shyam Lal Naik's Expert Profile

Queries Replied : 1861

What kinds of questions I can and can't answer?

My area of expertise

My experience in the area (years):

Organizations I belong to:

Publications or writing which has appeared :

Educational credentials:

Award & Honors:

nilesh shirsat says : Service tax
Dear sir, I received monthly rental bill for our IInd plant. owner charge service tax in bill. my Que. is can i take credit for excise duty payment. please replay me.

Ramdinesh G says : "Interior Decorators Service" or "Design Service"
What is the difference between this two categories? Eg: -If an Organisation takes technical helps of Foreign Consultant for design furniture of Stadium. Is Service Tax under Reverse Charge payable under "Design Service" as it relates to furniture or is Service Tax under Reverse Charge payable under "Interior Decorators Service" as is part of Stadium?

r@K says : tds deductee
thnks for reply... but why tds provision not attracted sale/purchase transaction

Murtaza I Bhagat says : Pls help sir
Dear experts, I have to know If I am a Person who Purchase Cattles(ike..buffalo,cow,goat etc.,)and sales in Cattle camps... My T.O cross Rs.1 Crore in a yr.... Pls Explain me what i have to do about IT and TAX audit under which Sec.. in above case. or if I done this thing in base of Commisssion (means Two Party 1 Purchaser 2. Sellor...3 Me commission agent)but payments of Purchase deposit in my Bank A/c & then I withdrawl & give it to Seller....but in that case my Bank A/c is using and their T.O goes over 1 Cr in a yr. Pls Guide me what should I do in this circumstances... Thanks in advance

Murtaza I Bhagat says : Pls help sir
Dear experts, I have to know If I am a Person who Purchase Cattles(ike..buffalo,cow,goat etc.,)and sales in Cattle camps... My T.O cross Rs.1 Crore in a yr.... Pls Explain me what i have to do about IT and TAX audit under which Sec.. in above case. or if I done this thing in base of Commisssion (means Two Party 1 Purchaser 2. Sellor...3 Me commission agent)but payments of Purchase deposit in my Bank A/c & then I withdrawl & give it to Seller....but in that case my Bank A/c is using and their T.O goes over 1 Cr in a yr. Pls Guide me what should I do in this circumstances... Thanks in advance