what is age limit for senior citizens.whether it is 60 years or 65 years.is there any change in limit. please provide a link so that i can refer it.

An individual Deputed to outside India on 7th Dec 07 and will be paid per diem for meeting his boarding lodging and living expenses.

He save a part and come backto india on 19th dec 08.

whether the amount saved will be taxable in india.

Whether employer is required to pay FBT. If yes then what will be the tax treatment in hands of individual

I have changed my job from Chennai to Jaipur in June 2008. I have applied for refund of PF and at that time I have an account with CITI bank Chennai. After leaving Chennai I have closed my bank account at Citibank Chennai and opened a new account at ICICI Jaipur.

PF office has remitted my PF amount direct with Citibank Chennai through RTGS under intimation to me.

Citibank is not confirming the receipt of fund and now I don’t have any account with them. I have made several correspondences with Citibank and PF office but no one entertaining my problem.

What should I do Please help.

Sir,

As service tax is to be paid on Transportation of goods. Plz tell me whether it is payable on any type of mode of transportation whether it is registered or not. Like if goods transported through trolly and frieght paid, then whether their is any service tax liability.

Thanks

SURESH MITTAL

Sir,

When an assessee appeals against an assessment order requiring payment, does the appeal stall the requirement to pay the amount demanded?

Should the assessee pay the full amount or is partial payment sufficient? Is there anything legally recognized as 'paying in protest'?

Pointers to specific sections of the laws/circulars/rules, would be appreciated.

Sincerely
Naren

Sir,

As service tax is to be paid on Transportation of goods. Plz tell me whether it is payable on any type of mode of transportation whether it is registered or not. Like if goods transported through trolly and frieght paid, then whether their is any service tax liability.

Thanks

SURESH MITTAL

Are Low Value Items (below 5000/-) eligible for depreciation under block assets or can they be directly expensed out as per companies act for tax purposes as well.

Thank You.

A Machinery was purchased which is not a qualifying asset as per AS 16. A loan was obtained to purchase the machinery. While the loan was obtained, Stamp Duty Charges were incurred.

Pls clarify whether the Stamp Duty Paid for obtaining loan can be capitalised?
or
stamp duty charges can be treated as borrowing costs and accordingly charged to P&L Account as the machinery is not a qualifying asset?

A Machinery was purchased which is not a qualifying asset as per AS 16. A loan was obtained to purchase the machinery. While the loan was obtained, Stamp Duty Charges were incurred.

Pls clarify whether the Stamp Duty Paid for obtaining loan can be capitalised?
or
stamp duty charges can be treated as borrowing costs and accordingly charged to P&L Account as the machinery is not a qualifying asset?

we have filed service tax return for the period 1-4-2008 to 30-09-2008....
but on scruitny on march 2009 we have found that service tax collected was shown in the return Rs. 68916 instead of Rs. 127000 and same was not paid.
now time of revised return has been passed.

Is there any way to file a revise return or any other way to rectify the mistake.