Suppose A palcement agency prepared the bill of Rs. 50,000/- and also charge the re-imbursement of amount paid by him towards Provident Fund and ESI Contribution for their employees in a tune of Rs. 8000/-. Whether service tax is chargeable on Rs. 50,000/- or on total Rs. 58000/-

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How family law will be affected by the change?

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What is the difference between UCP 600 & ISBP ?

0 Answers   Baidu, TCS,

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Please Tell me friends......... I want to write group2 exam. How can i get material

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Please refer me the provisions of section 37 of Partnership act,1932

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what is the difference between direct tax and indirect tax

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Which posts I am eligible after LL.B.?

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I am a medical student doing post graduation & receiving stipend of Rs.35000 pm. Am i supposed to register / enroll as a professional ? My professional tax is deducted directly from my salary as mentioned on the salary slip. but i got a letter from sales tax officer stating that i am penalized for not enrolling / registering ..... i am not able to understand this.

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WHICH INCOME TO SHOWN UNDER THE HUF HEAD FOR INCOME TAX PURPOSE AND HOW TO CREATE HUF

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There are three partners in a partnership firm. The firm has office premises in the name of firm. Depreciation on this asset is charged every in the books of the firm. Now after depreciation the book value of this assets has become Rs. 1000. Whereas the market vakue of this premises id Rs. 10 crorer. To bring this property at MV the partners revalued this premised at Rs. 8 crorers in the books of the firm and accordingly credited partner's capital account in their profit sharing ratio. My questions are as under. What is the income tax liability of the firm on revaluation? What is the income tax liability of partner of each partner on revaluation and credit to his capital account. In future whether depreciation to the firm is allowed on revalued amount under the income tax act. What happens to the tax liability if one partner withdraw his entire capital from the firm which includes credit on revaluation of office premises? When partners can withdraw out of their credit balance in their capital account without attracting any tax liability either by the firm or by partner? What happens if one partner retires and he gets amount equal to his capital account which inclides credit on account of revaluation? is there any tax liability to the retiring partner?

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what are the laws/Acts applicable to C&F Agents in India?

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My neighbor (a very old working woman) had a PPF A/c in SBI, on 31st of March 2010 it completed its 15 year term and hence the same was eligible for withdrawl, she duly filled up the redemption form and asked the bank to redeem the amount. On 14th of April 2010, the bank issued a pay order but deducted bank charges (as the savings account is with another bank), SBI has nearly deducted bank charges of about 25000/- from her. My neighbor didnt have a bank account in SBI, her account is in IDBI and SBI has deducted the charges for preparing a pay order. Here no service is being rendered but rather its bank obligation to make the payment, Pls help. It would be good if we can help her!!

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