IF A SALARIED PERSON DOES NOT PROVIDE LIC RECEIPTS OF 12000 WITHIN THE FINANCIAL YEAR TO THE EMPLOYER AT THE TIME OF CLAIMING DEDUCTION.
NOW WHAT IS THE PROCEDURE & WHAT ABOUT FOR LIC RECEIPT,HOW IT CAN BE CLAIMED?????

Hello,
I have one doubt,
I have a ST no & i am a work contractor .
but now i want to add a new business with same ST no, it is possible?
If it is possible then how to add a new business in service tax?

How to pay penalty for late filing of service tax return for more than one service? Is there any code available for making payment?

Hi,

How to calculate customs duty?

I have confusion for eg Mr A purchase goods from Mr B and Mr B charges Rs 100 as product cost and Rs 4 as vat.Now A sold goods to Mr C by adding profit of Rs 30
now MR A should charge vat on which amt on Rs 134 or in Rs 130. please reply my query and thanks in advance.

Dear CA Kedar,
Thank you for your reply. However, I understand 1.5% is payable when TDS has been deducted but not deposited. In my case, I have not deducted the same and now depositing the same from my own and I will get this amount of TDS adjusted in next installment. Hence, please confirm whether interest @1% pm upto today is applicable or 1% upto 05.01.2014 i.e. yesterday and 1.5% for 06.01.2014 OR your reply i.e @1.5%.
Secondly, as per my calculations, considering the date of payment instead of month, the period of delay works out to 4 months, 4 month and 2 months respectively. Please confirm.

plz explain this concept

how to verify the liquid I.e bitumen and what would be custom duty? and what is the first check and second check?

Dear Sir,

BASIC SALARY = 6600 X 12 = 79200
HRA REC FROM COMPANY = 4036 X 12 = 48432

PAID HRA = 4500 X 12 = 54000

Then how amount can i take exemption under 80 c. 2000 per month or not exceed 2000 x 12 = 24000/-.
This is right or some else.

Regards,
Rahul Mehra

Hello Friends
I have a Query...

A cold storage is let out on Rent. then what will be the rate of TDS on rent of cold storage building (which includes machines also)? (10% or 2%)

and, What is the nature of Rental income in the hands of owner of cold storage? House property or Business Income?