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Sunday 9 September 2012

Querries

Banking
Partnership firm succeded bycompany. Whether cheques in name of  firm can be deposited into bank account of company.

Service Tax on vocational educational courses-Clarification

Circular dated 28-08-2012 issued by CBEC regarding VEC offered by Government institutions and Institutions established under law as under:

1. Clarification has been sought in respect of levy of service tax on certain vocational education/training/ skill development courses (VEC) offered by the Government (Central Government or State Government) or local authority themselves or by an entity independently established by the Government under the law, as a society or any other similar body.