One company engaged in providing services of " Transportation of goods through pipeline" . They mainly undertake transportation of petroleum products through pipeline owned by them. Now they mix some additive with the goods(say crude) while transporting. The additive acts as an anti-corrosive agent for the pipeline. Whether the company claim cenvat credit of the C.Ex duty paid on such additive as input.

Dear members
I have some queries that i need to clear to have better understanding and saving tax.

1. ) if the rent agreement is between the husband and landlord, and rent is paid by cheque by wife on her name to land lord, then in this case wife can avail hra exemption or not from her taxable income as she is working in private sector or vice versa? if yes, then what are the document she has to submitt to a/c department?

2. )shall we need to mentioned both husband and wife name in the agreement, so that any one from us can claim full HRA and what doucments we need to give in this.

3. ) shall we need to mentioned both husband and wife name in the agreementas the rent is 12K, where in we received HRA as 5 k and 6 k, can we both share hra claim seperately in our respective organisation and what documents we need to give in this

hope i will get positive answer, this is to plan future tax benefit so that we should not pay high tax to IT Dept.

rgds
Atul

Dear members
I have some queries that i need to clear to have better understanding and saving tax.

1. ) if the rent agreement is between the husband and landlord, and rent is paid by cheque by wife on her name to land lord, then in this case wife can avail hra exemption or not from her taxable income as she is working in private sector or vice versa? if yes, then what are the document she has to submitt to a/c department?

2. )shall we need to mentioned both husband and wife name in the agreement, so that any one from us can claim full HRA and what doucments we need to give in this.

3. ) shall we need to mentioned both husband and wife name in the agreementas the rent is 12K, where in we received HRA as 5 k and 6 k, can we both share hra claim seperately in our respective organisation and what documents we need to give in this

hope i will get positive answer, this is to plan future tax benefit so that we should not pay high tax to IT Dept.

rgds
Atul

is design consultancy charges of a building will be captilised or not.plsease give me reply in two sitautions (I)whther the building is being made (II)or the buildind has already been made,

Dear Sir,

1.please advise , is there any rate of interest stipulated as a minimum rate of interest to be charged for unsecured loans.

2.If so, can in a particular year ,could interest be paid at a lower rate.

Can anyone tell me detailed procedure about relinqushment deed? How much value of stamp papers it required? Plz provide me its format if anybody having it and how it can be got registered?

Dear All
As per I.Tax Act medical expense reimbursement for the year Rs 15000/- is expempt from tax.
If company pay 12500 in F.Y.2008-09 and balance Rs2500 booked as provision and issue cheque/cash in the financial year 2009-10.
My question is
1) is whole amount Rs15000 is tax free?
2) is requirement is to be paid in same financial year
3) can we paid two financial year reimburesment in one financial year.
thanking you

Is there service Tax is applicable UNDER SEZ w.e.f.03.03.2009 because earlier it is Exempted,

Thanks & Regards,
Nilesh J

Is there service tax is applicable UNDER SEZ w.e.f 03.03.2009 because earlier it is Exempt

Dear All
We are paying commission/ charges to octroi clearing agent for clearing of goods from octroi chek post.
My question is
1)under which section we have to deduct the TDS?
2)What rate will be applicable?
3)On what amount to be deduct?
4)reason for the above.
Thanking You