SANDEEP BAWEJA
21 October 2009 at 14:39
WHAT IS THE LAST DATE OF FILING THE RETURN OF ASSESSEE WHOSE BOOKS ARE AUDITED U/S 44AF (PROFIT IS LESS THAN 5 %)
Smita
18 October 2009 at 13:31
Could you please tell me how to get a bare text of the Nimbus case, or how the assessee (Nimbus) tried to refute the royalty contention raised by the revenue?
Thank you.
abdul rashid dulloo
17 October 2009 at 14:29
While making an assessment or re assessment u/s 147, the Assessing Officer, can not ask information u/s 143(2)so as to make an assessment of the nature of section 143' a regular assessment. In the case of section 147 assessment, the AO should know the amount of income which has escaped the assessment on the basis of information which has come to his notice rather than determining the income as if he is acting u/s 143. Am I right?
ROHIT
17 October 2009 at 11:55
can anybody proove that sales tax evasion is not a crime so that it should not be covered under i.p.c 420,465,468,471 wether tax is evaded by making fake bills and billties
PrnBCRBant
16 October 2009 at 15:07
Dear Sir
i need a copy of the resolution to be passed by a pvt ltd company in a board meeting to increase the remuneration of directors with retrospective effect
Sunlawseeker
15 October 2009 at 15:22
Hi!
My friend is working with Judiciary department, In Tamil Nadu State.
He is a physically handicapped person.
Is there any exemption in Professional Tax to him?
Can you let me know about the provisions pertaining to exemption of professional Tax to Physically(orthopeadically) handicapped?
thank u
sajad ali
14 October 2009 at 14:19
I am an accountant, looking after Income Tax/ VAT accounts of various firms. The last date of filing online ITR5 for J&K state for Assessment year 2007-08 was 31st October and for Assessment year 2008-09, it was 30th November because of some disturbance in the state. But for Assessment year 2009-10 it was 30th September. Since I am not updated with the new last-date of filing ITR5. My ITR's of about 10 partnership firms (audited cases) are yet to be filed.
I want know:
what type of penalties my firms shall face for late filing of returns?
what are the remedies under Income Tax act to save my firms from these penalties?
DAMUKUMAR.S
11 October 2009 at 12:54
I would like to know whether i am liable to pay service tax to the land owner for the room i've occupied as my Office in a multi storied building from the State Housing Board. Would Advocates fall under the purview of Service tax?
kamal Jangid
10 October 2009 at 16:09
Dear Sir,
One of our clients paying Service tax on billing basis i.e. he paid whatever he service tax charged on previous month billing irrespective of receipts of bills payment..
(He is paying service tax on monthly billing i.e. at the end of month he calculate service tax on previous months billing and same depositing to Department.)
When i audited clients accounts i faced some problem:-
1. Payment of Service tax:-
As per service tax Act, there is no Specific Rule/Section that service tax can be paid on Billing. As per Act it will considered Advance Payment of Service tax as per Rule 6 of service tax Rule, 1994. If we paid Advance service tax we are required to give details of Advance payment and adjustment in Return of Service tax as per section 70.
Details of such adjustment and reason their of should be intimated to Jurisdictional Range Superintendent with in 15 days.
However Clients had not taken any apporval and no adjustment shown in his return.
2. When he write of any debtors bill he also write back service tax amount charged on bill at the time of billing irrespective period of bill.(Although he had been paid service tax at the time of Billing on the same bill but now he is taking credit at the time of write back of bill)
3. He is taking 100% Cenvat credit on input service received by him on Payment of service.
Please suggest on the above all three matter . Is it can be carried over or not in future (as per clients in this field every service provider following this practice)
Thanks & Regards
Kamal
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Whether VAT is deductible for Valuation of Services?
Whether amount of VAT paid/payable is deductible alongwith CENVAT credit of Inputs and Input Services, while computing the value of taxable services of a Composite Works Contract definable under Erection, Commissioning & Installation Services?
Please note that amount of VAT is deductible in computation of Services under Works Contract Services and in the same manner VAT should also be allowed as deductible!
B R Passey