: Meeting on Sunday

[Deep Dhir]

DEMAND NOTE AND SERVICE TAX

While demand note would act as an interim measure, we need to find out the legal implication. How?

1) Any impact till now on TCN.

2) Method adopted by other AOAs

3) My knowledge says that S.Tax has to be paid by AOA where the Maint.Charges per month are Rs 5,000/- and above.

4) Seek advice from practicing CAs dealing with Service Tax. To reaffirm my knowledge , I will send an email to CA Gupta who regularly sends articles on Service Tax to the CA fraternity.

Dkd

17/1201

As per information with me,

On Monday, 20 May 2013, Sachin Gupta wrote:

Hi All,

 

We had a meeting of TC held on Sunday in which the following was discussed….

 

1.       Amit will get the demand letter drafted, Jito will get it printed (thanks Jito :-)) and Pawan will get them distributed over the next weekend.

2.       Sachin to send the letter to Rawat as a follow-up on April 21st meeting

3.       Sachin to coordinate with Pooja to get Legal Letter and to circulate and finalize

4.       Maniesh to get the draft of the FAQ done and circulated to us.

 

Other points discussed…

 

1.       Hiring of Estate Manager finalized

2.       Bank account opened

3.       Square Footage area data done to ~99% accuracy and sent

 

Please feel free to add anything that I might have missed.

 

Thanks

Sachin

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CA Deep K. Dhir
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Tower 17, Apartment 1201
The Close South, Nirvana Country
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Haryana, India
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[rajnish kumar]

All,

I agree with Dhir uncle. Service Tax dept can be very adamant and will only go as per their interpretation. In the face of all logic they will adhere only to their own understanding of the law - I personally face this challenge at work ever so often.

Since, what we propose to do is unconventional and will be open to interpretations, we need to take adequate safeguards by taking formal tax opinion in detail from a credible/competent source. Cost of service tax non-compliance can be huge and with the recent changes can lead to imprisonment as well.

Regards,
Rajnish



Sent from BlackBerry® on Airtel

-----Original Message-----
From: Deep Dhir <dhir...@gmail.com>
Date: Tue, 21 May 2013 04:07:21
To: <sachin...@hotmail.com>
Cc: <tcs-transiti...@googlegroups.com>; <tcs...@googlegroups.com>
Subject: : Meeting on Sunday

DEMAND NOTE AND SERVICE TAX
While demand note would act as an interim measure, we need to find out the legal implication. How?
1) Any impact till now on TCN.
2) Method adopted by other AOAs
3) My knowledge says that S.Tax has to be paid by AOA where the Maint.Charges per month are Rs 5,000/- and above.
4) Seek advice from practicing CAs dealing with Service Tax. To reaffirm my knowledge , I will send an email to CA Gupta who regularly sends articles on Service Tax to the CA fraternity.

Dkd
17/1201

As per information with me,

On Monday, 20 May 2013, Sachin Gupta wrote:

Hi All,
 
We had a meeting of TC held on Sunday in which the following was discussed..

 
1.       Amit will get the demand letter drafted, Jito will get it printed (thanks Jito :-)) and Pawan will get them distributed over the next weekend.
2.       Sachin to send the letter to Rawat as a follow-up on April 21st meeting
3.       Sachin to coordinate with Pooja to get Legal Letter and to circulate and finalize
4.       Maniesh to get the draft of the FAQ done and circulated to us.
 

Other points discussed.