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yeteendra naidu   25 April 2014 at 11:47

Service tax - pre-schools

Dear Experts,
we have opened a Daycare centre-cum-preschool for kids about two years back. now the strength has grown to 35 and turnover just crossed Rs.10 lakh mark p.a. Kindly let me know if pre-school-cum-daycare is exempted from Service Tax or not. I also understand that there are some concessions for units providing cooked food for the inmates. Please advice if the unit needs to be registered for service tax or not.

Ramesh Kumar Pandey   25 April 2014 at 11:11

Exemption under sec 54 income tax act

Dear sir,

I Have Purchase a Flat through Lottery System in the year 2008 August 27th and Sold out to 31/08/2010 and getting a Capital Gain Rs. 2218340/- and then after I have purchase a Office Premises as per deed (Use as Residential Purpose ) Measuring 340.37 Sqft. on 28/03/2011 So, My qestion is Can I Avail the Exemption under section 54 of the Income Tax Act.1961?

Govindbhai   24 April 2014 at 13:34

Cenvat credit on inport/trading activity

SIR,

WE ARE THE REGISTER DEALER OF CENTRAL EXCISE
AT PRESENT WE ARE PAYING SERVICE TAX ON G.T.A.UNDER REVERSE CHARGE WE ALSO EARNINGS
COMMISSION FROM THE SUPPLIERS FOR WE ALSO PAID THE SERVICE TAX PLEASE CLARIFY
WE CAN AVAILED THE CENVAT CREDIT OF OUR INPUTS SERVICE TELEPHONE,COURIER,IMPORT SERVICE LIKE CLEARING FORWARDING CONTAINER AND G.T.A. INWARD FRIGHT CREDIT FOR THE PAYMENT OF SERVICE TAX AGAINST COMMISSIONS

WE CAN AVAILED FULL CREDIT OR PARTIALLY PLEASE ADVICE .

Neeraj Kumar Giri   24 April 2014 at 00:01

Service tax

Dear Experts,
If a Superintendent of Service Tax came to know that a particular Assessee who is engaged in work contract and whose turnover is above 10 lakhs in consecutive years, can he issue a show cause notice for why the assessee has not registered himself in service tax ST-2, as well as under which section of Service Tax he can call him for enquiry.

gudipati nagaraju   23 April 2014 at 11:27

Service tax input

Dear Sir or Madam

Can we claim service tax input credit , if rate is different

For example
I am collecting service tax @ 12 .36% (i.e collected on my services)

I am paying service tax to some other service provider @ 4.944% (Abatement) (for receiving services )

Can i claim service tax input credit which i have paid @ 4.944%

If I can claim , under which rule can I claim

Please let me know

Thank you very much for giving valuable solutions

V.K.RAUT   21 April 2014 at 23:59

Vat on musa ka gul

WHAT IS THE RATE OF TAX ON SALE OF MUSA KA GUL AT DEALER'S END

ChandanLawyersclub   21 April 2014 at 23:01

Demand notification under 143(1) for ay0809

Dear Experts,
I am salaried person.
I was just reading a query of someone regarding 143(1) notification. I logged in IT portal my username, find one notice of demand of tax Rs 11123 lying from CPC for Ay 08-09 date of notice 9/2/2010 due date after 30days, update by CPC 26march 2014.
I had left my address in Jan 2010, moved to another city for job change. Not got any Notice physically
1. Since I am doing e filing from last 2 years only from Fy10-11 AY 11-12, Can I get details of this 143(1) from CPC Bangalore which was manual return.
2. Since 4 years passed now , can I file for correction if any mismatch?
3. Should I pay this , how much should I pay, it is showing 11123
4. I am not getting my form 16A for Fy7-08 now, there is no 26AS also for the year. How can I file for correction?
Regards
Chandra

gudipati nagaraju   21 April 2014 at 19:54

VAT on STamount regarding hotel bills

Dear sir or madam

Can hotel people charge vat on service tax portion of the bill

Please let me know which one of the below is correct as per law

Food bill=400 400
ST @4.944 =19.77 19.77
VAT @14.5 =58 60.86
Total= 477 480.63


Please clarify this doubt , here it is 3 rupees difference but when we club it may extende upto rs.3000

Thanks

ashokkumar   20 April 2014 at 19:06

Tax on onsite earning

Hi,

I worked as a contract employee with a IT company in Kuwait through India based IT company for more than 2 years.

My current company provided work permit for Kuwait and got my monthly salary in my Kuwait local bank account.

But they used to credit the salary after deducting 10% from my salary for first 6 months of the financial year. They used to deposit the 10% amount as tax in India and provided me form 16A(195J).

I want to know whether the 10% tax has to paid, even though the salary is earned from tax free country and also not in India account?

How I can get the tax returns by showing as foreign earning?