A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10

whether university eastablised by an ACT of state legislative assembly is required to file income tax return.

if no suggest how to obtain refund as tax is deducted on deposits like fdr in bank

in the form ITR-1, sl no. 21 information relating to tax deducted at source by the employer is to be furnished. my query is, if the employee has not given full details regarding his investments u/s 80c & the employer has deducted tax on the income & deposited, which particulars are to be to be furnished in column no. 21

Service persons have to frequently change their place of posting. Can they file income tax return in their new place of posting? What is the correct procedure to change the relevant assessing officer? In case of e-filing, Where the return gets filed? Whether to assessing Officer shown in Online profile of the user or it go to some central data-base?

Dear Sir,

I have the following query regarding CENVAT on capital goods. If someone can clarify, that will help.

Suppose i receive Capital Goods, each worth Rs.10000 and having Excise duty of 1000. I receive two such machines. So the total value is Rs.20000 and total excise duty is 2000 (in a single invoice). Now, i avail 50% Cenvat credit on these machines. SO i avail 1000 as cenvat credit and 1000 is available for claim during the next year.

Now, before using these machines, i realize that the machines are defective. SO i want to return this back to the vendor (both the machines).

Since i am removing the capital goods "AS SUCH", i reverse the credit i availed for rs.1000. Now, i have to prepare an excise invoice for moving this back to the vendor. In this excise invoice, i would be showing Rs.2000 as Excise Duty (for both the machines). Now, the issue is this:

The debit in my CENVAT register for such removal would reflect as Rs.1000 (being equal to the credit that i had availed). However, my excise invoice will show that as Rs.2000. Is this alright? Will excise authorities object to this?

If this is not correct, what is the excise duty that i should show on my excise invoice? What is the amount of debit that will appear in my Cenvat register?

If anyone of you could clarify, i would really appreciate it.

Thanks / Vijay

Is there any exemption for the candidates who passed final in May 2008 and those who possess working experience? Bacause for working people, it is very difficult to spare 15 days.