Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.

Can We Use Cenvet In Service Tax

Dear All,

If buyer supplied the packing material i.e jute box for supply of material, whether cost of packing material to be amorotised and added in assessable value or not.
i.e excise duty is to be paid on packing material or not.

Please advise.

Thanks & Regards
CA. B.K.BANSAL

CAN ANY ONE TELL ME WHETHER CREDIT OF SERVICE TAX PAID ON MEDICLAIM INSURANCE POLICY FOR ITS EMPLOYEES BY A MANUFACTURING CO. IS AVAILABLE OR NOT ?

PLZ REFER RULE OR CASE LAW, IF ANY

stamp duty on purchase of residential plot , whether deductiable or not ?
construction on house not yet started.
Also loan taken for purchase of plot, whether interest and repayment of loan amount are deductiable ?

Could you please tell me which one is better and why.PPF is public provident Fund gives 8% p.a lock in 15yrs and voluntary Pfovident fund gives 8.5% interest and I think both are tax free.

Can anybody give more light on these for Tax purpose u/s 80C.

Deal Experter,
Ihave doubt i.e"If A OF Bangalore sold goods to B OF Chennai order comes from Chennai But goods are delievered to Bangalore Branch But in invioce it shows TIN Number of Chennai office & it is an C Form sale" Please Suggested me weather CST or VAT Charged by A.

Can anybody answer the following?

Our company sales our commodities by taking to customer place by company's own/registered vehicles after place the order of a customer. After supply the items, the customer didn't take immediately the items and delaying the vehicles. For delaying the vehicle for a stipulated time, we;re charging penalty after that time per day basis. In the billing we're showing the commodity value and this penalty value and paying VAT for both.

Is this penalty for delaying is liable for Service Tax? Please study and give answers

Our is basically a private company that exports raw materials(which we buy in India) to some of our UK clients. We dont sell anything in India. But now we are about to do some services(out sourcing services) to one of our Indian clients. So should we charge service tax on it.
Say that all the income we get from rendering such services does not exceed Rs 5 lakhs.

Please help me in this issue.


Thanks & Regards
Arihanth

Hello! Everybody,

Can anyone give notification/circulars on the following:

Our company provide a tanker on hire/rent basis to a customer on day/week/monthly basis, which is movable item, based on the customer requirement, who'll issue an order for the same.

Is this transaction comes under service tax?
If comes, under which service? Give the notification/circular number.

Thanks