i heared that there is some changes in custom and excise valuation rules during the last two or three months. will this new changes shall be applicabe for NOV 08 examination(final). i have a book of IDT for may 2008. will i have to buy a new book for the changes made during the last three months.

Can income from insurance commission be shown under Income from other sources? Can ITR - 2 be filed in respect of the insurance commission income?

Hi,

I have a doubt about the incometax return filing with one contractor.

Actually he is a single person carried the work not firm, company etc......

He have completed the work ie amounted credited in form 16A Rs.3,55,099 and 2.24% deducted as TDS (7654). Now he wants to file the return. I don't know on what basis we file the return, and which return used. Also if consider Rs.3,55,099 as his income he must pay so much taxes, actually that was not his full profit amount.He must have some expenses like labour, material etc. How we can shown that total income. He want to file tomarrow itself. Please suggest its urgent for filing return

Regards & Thanks

A Business has the following details:

Net Purchase of Rs/-6000000(Sixty Lakhs)

And

Net Sale of Rs/-3800000(Thiry Eight Lakhs)

Whether he is liable for Tax Audit.

donation under 80G to unicef is a 100% or 50% ceiling limit

Sir,

What is the remedy for quoting individual Permanent Account Number while making payment of HUF Advance Tax in challan Number 280?

Please clarify the procedure for rectification under Income Tax Act quoting Section?

DEAR SIR,

I AM SALARIED PERSON & MY INCOME TAX DUE IS NIL.

HOWEVER I WOULD LIKE TO SUBMIT MY NIL RETURN VIDE ONILE.

PLEASE TELL ME HOW TO SUBMIT RETURM THROUGH INTERNET I.E. NAME OF WEBSITE & PROCEDURE FOR THE SAME.

PLEASE TELL ME WHAT IS THE LAST DATE FOR SUBMISSION OF RETURN.

PLEASE IMMEDIATELY.

Please tell me about different rates of Service Tax.

I have some bills of a Travel Agents and he has charges service Tax at different rates. Is there any exemption or another provision for charging service tax.

If there is any exemption in Service Tax then give me some information about this also.

Dear All

1. Is service tax applicable on Out of Pocket exp. in a debit note issued to client.

2. If we mention in invoice issued to our client, Consultancy charges & Out of Pocket exp then, Is service tax applicable on out of pocket exp.

pls help me.

thanks
rahul

Dear All

We are a engineers consultants, We used to charge out of pocket exp, for all exp on behalf of our client (i.e. travelling, hotel, food during the travel, taxi charges etc) on actual expenses basis. as OUT OF POCKET EXPENSES. Is it liable to pay FBT on travelling etc.In this some times our salaried MD and some times our consultants engineer (not salaried) used to travels.