Hi,

In case of the miner (below 18 year) received rent on building, (below Rs.8 Lakhs) whether which is clubed with parents Rental Income on Service Tax Act (which may exceed Rs.8 lakhs)

whether Service tax on Rent to be collected by miner?

Kindly clarify

With regards,
Kannan

can anyone tell me that There is any provision for this case:

CASE

Due to Fault of the Firm, the Final attempt of the any Article get postponed to the next attempt(means Article can appear in May Attempt but Due to the Fault of Firm His/Her attempt got delayed and He/She can only appear in next attempt( November) then whats the Provision and announcement related that case.



Thanx in Advance

As per depreciation chart I can claim 80% depreciation on windmill(Renewed energy device).

Can I claim additional 20% depreciation as per Section 32

(iia) in the case of any new machinery or plant (other than ships and aircraft), which has been acquired and installed after the 31st day of March, 2005, by an assessee engaged in the business of manufacture or production of any article or thing, a further sum equal to twenty per cent of the actual cost of such machinery or plant shall be allowed as deduction under clause (ii) :

How Discount will be treated for the purpose of transaction value calculation.... any one can explain me the same??

Dear All,
i m in Service providing Co. & Co. raising the invoices with Service Tax @12.36 without bifurcation of Basic S.T. , 2% Ed. Cess & 1% Higher Ed. Cess.
I want to know whether it is overruled invoices
Further i want to know it is compulsory to avail the credit from 12% receivable can adjust for credit of 12% payable & from 2% ,1% receivable can adjust for credit of 2% ,1%

While computing Income from salaries what assumption has to be taken if the question is silent about actual expenditure incurred pertaining to special purpose allowances such as uniform allowance:

a)whole of the allowance received as spent for the purpose and hence fully exempt
or
b)Whole of the allowance received as not spent and hence fully taxable

Form 27A says it is meant for -

Furnishing information with the statement of deduction/collection of tax at source



Form 27B says it is meant for -

Furnishing information with the statement of collection of tax at source



My question is -

Which Form to be used for collection of tax at source?


Thanks.

An employee who paid by cash in excess of 20000/- against one single invoice, to any hotel as lodging expenses, and he gets the same reimbursed from his employer, will that expenses get disallowed under Sec 40(A)(3).

Please clarify more clearly.

I Want To Just Opine On Answer Given By CA Ramesh Ahuja To The Question Of 80-c Deduction For Investment In RD.
As Far As Mumbai is concerned The Income Tax Department Does Not Allow The Deduction and in My Opinion Even there is no specific Provision in the law For Deduction of the same.

Whether a person who has a daughter and not a son can form a huf or not?

Plz Provide Releant Provision to Support the Same?