LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Jigar Goradia   07 April 2008 at 17:21

Service tax on rent of commercial property

I have rented out a commercial property to a super market.The L & L agreement was signed in dec 06,but the store opened in feb 08.It was agreed in agreement tht all applicable taxes as on opening to be paid by owner nd any new taxes or any revision or amendement be paid by tenant.On whom is the liability of service tax falls? Isnt is so tht irrespective of agreement,the service tax has to be borne by the service reciever?

prajesh   05 April 2008 at 18:17

80c calcuation

1. If I buy (on spouse name) MF/Bond/ELSS online, how can I claim deduction u/s 80C? How deduction will be calculated? Is it necessary to keep them more than 1yr to claim deduction? Will be complete amt. invested in a year fully exempted even if hold them for 3yr and continue investing? How tax will be calculated on sale?

2. Can I claim medical reimbursement by submitting bills from medical store? Plz elaborate

prajesh   05 April 2008 at 18:15

TDS on salary

Hi,

I'm software professional woring in software company. My salary includes basic+hra+conveyance+medical allowance+special pay+band allownace and deducation includes professional tax (Rs 200)+PF+Income tax. Of course, I'll get salary after these deduction.

I would like to know how to calcuate tax on monthly salary for cross verification? WOuld be great if you can provide me excel file/software which take information to generate tax?

lohithakshan u k   05 April 2008 at 13:18

GTAST-SERVICE TAX

PLEASE EXPLAIN THER MEANING OF NEW AMENDMENT RELATING TO GTAST IN THIS YEAR BUDGET RELATING TO ABATEMENT

Aroop Gupta   03 April 2008 at 20:02

Service tax

My company is doing a work contract of RE wall in Gujarat. what is the liability of service tax and work contract tax. How it can be calculated.

Amit   03 April 2008 at 12:45

Regarding PAN Card

I have applied for PAN 4 month ago. But i did not got any reply from nsdl.Thereafter I filed a complaint in NSDL website giving ref. of Case Law 255 ITR 407- Chandrakant Kandlal Sheth vs. Union of India (Calcutta High Court)
In which it is said that it is the right of the assessee to get PAN and High court has given 3 month time limit within which PAN has to be issued.
But there is no reply

Suggest any way

ashok kumar bansal   01 April 2008 at 11:46

central sales tax act

sir,
please let me know what are the cst rates to be charged w.e.f. 1.4.2008

Chitra Sharma   31 March 2008 at 17:00

Change in PT - Gujarat

Dear Sir,

I got to know there is some change in the Professional Tax related laws in Gujarat. Can anybody brief me about the same & the new slab of PT. Could you also provide me with article related to the same.

Thank U
Chitra

ganesan   31 March 2008 at 14:30

income tax

property inherited by a person is sold by him.is he liable for any tax to govt- such as capital gains, etc.,?

giridhar   31 March 2008 at 12:57

central excise

our company got a contract from Indian Air force, for the supply of electro magnetic equipment, whether the excise duty payable of the manufactured parts are exempt,

pleae update me on this