Can a real estate builder and developer claim input tax credit on the Service tax paid on GTA services availed by him (against 1% service tax payable on advances received against sale of flats)

Request you to provide relevant section too.

Many Thanks.

Hi,

I've received intimation from Income tax u/s 143(1). I paid self assessment tax for AY 2011-12 and it is not credited as per 143(1).

When i check the Form 26(AS) the self assessment tax is credited.

I filed the returns manually(approached an agent).

CPC has asked me to get it rectified from the assessing officer(AO).

Now this AO is in Hyderabad and my current location is Bangalore. Can i not get this rectified online? or in Bangalore office?

How to contact AO? Please suggest me what should i do?

Thanks,
Naveen

What is the difference between provision for bad debts and provision for doubtful debts?

Dear Sir/Madam,
My querry is as under:-

One of empployee of our compnay (indian company) is posted in Malaysia. Company is paying USD600 per month as outstation allowance (for his personal expenses e.g. fooding etc) which is in addition of salary.

Whether company has to deduct TDS u/s192 on this payment?. If yes what is the procedure?

Sir,

We are in process to import second hand Rapier Looms from turkey and after modification in EPCG Scheme no relief available for custom duty on second hand capital goods. As per tariff we have to pay total import duty of 16.1% on these machinery. Is there any scheme under which we can import these machinery on lower rates? Please suggest us.

Dear sir/ madam
please guide me under a situation i.e. is there any difference between hiring of cab and renting a cab under reverse charge mechanism. my problem arises due to Notification No. 30/2012-Service Tax in which the word 'hiring' has been removed as compared to earlier notification.

regards
Himanshu upadhyay

As u all know from this new budget, we can claim medical reimbursement expenses upto Rs.5000 in addition to as usual medicalim u/s 80D.

My doubt is if an employee's wife's medical expenses is getting reimbursed then can he claim that in his return?

(Wife is a house maker, no income earned by her)

pls. let me know what is the vat audit limit for the financial year 2012-2013

please can someone explain the meaning of unabsorbed depreciation.
How it arises and what treatment to follow.

please reply back.


thanks in advance

Sir,
I want to know that ,is there any procedure to refund excess TDS payment which is paid wrongly.