Is Set-Off fully allowed on purchases from unregistered dealers??

Dear Sir,


My query is regarding tax planning for salaried class individuals.

Is it possible that a salaried person with a salary of Rs 4.5 lakh per ann. can reduce his tax liability to zero amount with tax planning tools.

If no, then upto what level of salaried income , he can reduce his tax liability to zero (0)


If possible please help with sectionwise planning tools.

dear sir,
we are manufacturers and some times avail services from non-registered service providers. they raise debit notes without service tax component.what should we do.

do we need to pay service tax ? can we avail cenvat credit on such transactions ??

Respected Sir,

Suppose if I had Deducted and paid excess Tds u/s 194C then

A. Can I adjust it against future payments to same party (deductee),

B. Can I adjust the same against payments to other parties (where Tds is Deductible u/s 194C only)

C. Can I adjust the same against payments to other parties (where Tds is Deductible under any other section other than 194C)

D. If yes, then can I do the same in respect of excess computation and payment of interest on late payment of TDS

Are provisions of section 80AC of the Income Tax Act, 1961 mandatory in its application. Is so can the department waive of the disallowance of said deduction (in case the return if filed after the due date of filing return u/s 139(1) of the Income Tax Act, 1961 ? if answer to the above said question is in affirmative then what basis can be taken for availing waiver of such disallowance.

(CAN THE NEGLIGENCE OF THE CHARTERED ACCOUNTANT BE PLEADED AS A MODE OF WAIVING OF THE SAID DISALLOWANCE). PLEASE QUOTE ANY CITATIONS (OF ANY JURISDICTIONAL HIGH COURT IN INDIA PREFERBLY OF SUPREME COURT) - URGENT REPLY NEEDED. .

C & F Agent sends us the bill including service tax for our exports clearance to germany. TDS to be deducted under section 94C or 94J before service tax or after service tax.

MY FRIEND HAS NOT RECEIVED HIS ADMIT CARD FOR CPT EXAMINATION. HE TRIED TO DOWNLOAD IT FROM THE OFFICIAL SITE OF ICAI. BUT HE HAS FORGOTTEN PIN NUMBER THEREFORE HE WAS UNABLE TO DOWNLOAD THE ADMIT CARD. PLEASE TELL A SOLUTION TO MY FRIENDS PROBLEM. HIS REGISTRATION NO. IS CRO0259977.

A is a director of X Ltd. and also member-cum-director in Y Pvt. Ltd.. X Ltd. takes premises(immovable propery) from Y Pvt. Ltd. on rent and enter into agreement.

1) Whether section 297 is appliacable?
2) Whether exemption provided u/s 297 is applicable for this type of agreement?

Thanks.

CS. Jatin Vora

sir,

my query is whether excess payment of service tax in one registration and short payment of service tax in another registration in the same organistion is treated as a full payment of service tax.or

whether excess payment of service taxin one registration is to be adjusted in the another registration in the same unit.

While leaving the present employer, amount towards short notice has been deducted by my present employer. Should this amount to be reduced from my taxable income?
Secondly, if this amount either in full or in part reimbursed by my new employer, then should it be considered taxable by my new employer?