Taxation queries [577]

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.

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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 ?

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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

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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?

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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

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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

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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

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cheshta 30 May 2009 at 11:36

Self Assessment tax paid Under section 140A

Hello everyone
I want to ask query about section 140A which i did not find in the book.
If self assessment tax falls short of tax and interest first it would be adjusted towards interest u/s 234ABC but if self assessment tax falls short of even interest amount then what will be the basis for apportioning it towards 234ABC and under what section?

Please reply.

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satish 28 May 2009 at 16:44

tds

sir
Can u tell me about this matter

one bill issued by me Worth amount is 271 USD and he paid me against biil amount 12044 Rs and the actual Bill amount is 13200.41Rs in indian curr.

tall me he authrise tds ded in my payment the payment is forgein
Thanks
Satish

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kalpesh 27 May 2009 at 16:59

section 220

Can anyone give me this case law

B.M.Malani vs CIt ITR 306.

alsi circular 530 dated 06.03.1989 read with circular 589 dated 16.01.1991.

it is in relation with interest waiver under section 220 of income tax act.

can anyone explain in a simpl way what this section and case conveys

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