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BAL KRISHAN GARG   01 October 2009 at 17:01

SERVICE TAX

Dear ALL,
A is my client and doing Jobs of Powder Coated Paints on Geysers / fan blades on the material related to B in the premises of B alongwith his labour.Billing is made on piece rate basis on OK piece on monthly basis i.e. Rs.1.75 per piece for OK piece .
Whether A is come under the provisions of Service Tax under Manpower Recruitment Service for labour supply ?

I believe that it is a job work case and come under Business Auxiliary Services .
Further B is either used those painted goods in his final product or sold otherwise only after payment of Duty .
Whether Notification 8/2005 is apply here.
if yes , how A can be brought under the provision of Ser.Tax ?
Bill is printed as " JOB WORK ONLY "

THANKS TO ALL ,

BAL KRISHAN GARG

my e-mail id : gargbk2001@yahoo.com

cs   01 October 2009 at 16:57

pan card

hi plz tell me about that how can I apply for pan card of a company which was incorporated in 1991
the problem is that pan has been applied earlier but we are unable to find any details of that

and another problem is that the registered office has not been the same thats why we want that pan card to be despatched at our corporate office. so what address proove to be submitted for that as certificate of incorporation does not contain address of the r.o.

plz reply

Himanshu   30 September 2009 at 11:58

Claim of tex deduction on EMI and Rent

I am owner of only one house which was purchased on resale by ready possession and I am paying EMI on Housing Loan from last 5 years but now I am not staying in that house. I am paying Rent for House in which I am staying now. Can I claim tax deduction on both payment that is payment of EMI and payment of Rent. Please advice.

DEVENDRA   28 September 2009 at 21:31

INCOME / WEALTH TAX

One has purchased property in 1995 for Rs. 35,000/-. Now the property's govt. value as per chart is Rs. 3,20,000/-.
he wants to sale the land. His consideration price is Rs. 3,50,000/-.
How many amount of tax he will have to pay ?
What are the provisions ?

Vriti Gujral   27 September 2009 at 14:59

proportional tax

importance and scope of proportional tax in india

pkpworld..   26 September 2009 at 08:28

Wealth Tax Act, 1957 - amendments

I, Pradeep Kumar, want to know how many amendments had been occured after enactment of "Wealth Tax ACt, 1957" till 30/09/2009.
Also please mention the years of amendments.

P.C. Joshi   24 September 2009 at 11:12

Service Tax

I have a query with respect to charging of service tax on reimbursement bills by the service provider. Facts are:

A company hires an agency to manage an event of press confrerence at various locations on occasion of launch of a new products. The agency get fixed consultancy charges and reibursement for travelling and other expenses which it incurs to ptovide the service. The agency has issued bills for consultancy charges as well as the reimbusement of expesnes attaching all the supportings and charging service tax on all the bills including reimburement bills.

Can anyone suggest whether the agency is justified in charging service tax on reimburement biil on which service tax has already chrged by the third party. In my opinion there is no service tax applicable on reimbursement bills.

Pls revert urgently.


Regards

P.C. Joshi
riven

manoj   23 September 2009 at 13:14

income taxsec 50C

whether value adopted by State Government for the purpose of payment of stamp duty in respect of transfer of immovable property by lessor durng lease period can be adopted for the purposes of section 48 as deemed to be the full value of the consideration received or accruing as a result of such transfer ?
riven

hussain   22 September 2009 at 10:19

Loan to Directors

Sir,
The company as given loan to directors in financial year 2005-06 and it was recoverd by deducting from remunaration in the next finacial year 2006-07.for that the ITO says that the company is closely a private company and in that year the profit is about 15lac and the director holds 79% share in the company so as per ITO provision of sec 2 (22) (e) of the act the above loan is to be treated as deemed divided.so there is decision from high court & supreme court for the above section that Sec 2 (22) (e)

Thanking you
Hussain

riven

BHUPAL SINGH   22 September 2009 at 09:41

CAPITAL GAINS TAX ON SALE OF AGRICULTURE LAND

Dear Sir,

Please add another Question to my earlier queries raised in connection with Sale of Agriculture Land--

e. Will the Sale of Inherited ( from Parents ) Agricultur Land attract any Capital Gains Tax ? If so, how is this to be calculated ? The Land was inherited by me from my parents who in turn inherited from my Grand Father after his demise in 1952. My Grand Father inherited it from his father about 80-90 yrs ago.

Major Bhupal Singh ( Retd.)riven