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raj   09 June 2009 at 22:21

Gratuity Receipt is taxable?

I received my gratuity payment in my a/c through my previous employer on 31st march 2009. Is it taxable? & If yes ,can I deposit the tax on it without attracting any penalty? & till when.

Dharmaraj.L   09 June 2009 at 18:26

VAT \ CST Applicable

Hi,

We are purchase exam voucher from one customer. Its sold to students or another concern. Any kind of tax applicable for this transcation.

Thanks & Regards
Dharmaraj.L

Urvashi Saumya   05 June 2009 at 12:37

Property Tax

What is the provision of Property Tax in Mumbai (Maharashtra)? Whether it would applicable in case of Rent/License Agreement?
whether the Licensee require to bear this the property Tax?
If Yes, then what would be the way out to save from bearing/paying the property tax?
Pls advise.

V V SATYANARAYANA   05 June 2009 at 09:42

VAT & CST Registration

Sirs,

I need help of Sales Tax professionals for registration under VAT & CST at Bengaluru & Kolkata.

Can any members guide where I can get the details of practicising advocates for this purpose.

Thanks.

deep   03 June 2009 at 16:44

CST / VAT APPICABILITY

The company in maharastra had purchased one wind mill under sales tax exempted from Daman party. The same wind mill was installed in Rajasthan. If company wants to sell same wind mill to another party in Maharastra.

A company is registered under Maharastra VAT.

Whether CST is applicable ?

Whether Maharastra VAT is applicable ?

Whether Rajasthan VAT is applicable ?

M ShivaKumar   02 June 2009 at 17:24

VAT Charges

Hi,

Pls. specify the VAT charges on Food bills, alcohol bills at Restaurant / Hotels etc in Karnataka

Recently i have come across to quotations by different hotels which are between 24% - 33.33%.

Regards,
ShivaKumar.M

Vivek Handa   02 June 2009 at 13:32

HUF and coparcener

Dear all

Can a HUF employ its coparcener as its employee and pay him salary?

Ajay Sharma   01 June 2009 at 10:39

Classification of Service

Hi All

My query is that:

A is picking up fly ash from B companies premises. B is not selling ash to A but are reimbursed Rs.50 per metric tonne as administrative charges.

Is B company liable to pay service tax for such reimbursement of Rs50. If yes, please classify the service.

Thanks

Ajay Sharma

Prashant   30 May 2009 at 21:43

TDS

We had launched the scheme with our franchisees that if franchisee achieves the target then he will be alloted a new Car.
Now 2 of our franchisees have achieved their targets and are eligible for the Car.
So what will be the accounting treatment. Is it to be called as commission,an incentive or discount or any thing else.

My next question is about the applicability of TDS. Whether TDS will be attracted and if yes under what head.
Further we have not yet given the cars but while finalizing our books we need to take provision on the same so if TDS is applicable do we need to pay immediately.
Similarly we will have to recover TDS from the party since he is paid in kind. So is it a correct to recover the same from him


Thanks in advance

atul kakkar   30 May 2009 at 13:54

time period for isuing show cause in service tax

what is the normal time to issue show cause in service tax ,can it issued for penalty in any time with in 5 years