with due respect,

i want to know wether Servitax is applicable on Authorise Service Station of Hero Honda or not when Service receipt in F.Y.2005-06 is Rs.105200, 6-7 110140

Hi Friends,

Pls mail me the detailed procedure of on-line filing of ITR.

Thanks.

An Individual is owner of 40 Trucks. He place the trucks under the Goods Transport Operator who raises L.R. on the trucksof the owner. The owner of the trucks gets the amount of freight at the stipulated rate by the higherer( Transport Operator )on raising the invoice to the Truck Transport Operator. The Owner of the Trucks get the fright net amount after the deduction of diesel and other trip expenditure from the higherer. The Transport operator deduct TDS on the payments given to the Truck owner as TDS on Higher Charges. My Qurry is whether the Truck owner is liable to raise Service Tax on the amount received from the Transport Operatr or the income is treated as Higher Charges Income of the Trucks. Also for the Tax Audit purpose whether his gross income is treated as turnover or the net amount after deduction of the expenditure will be treated as his income because as per the custom of the business it is not possible to get the supportings from the Transport operator regarding the trip expenditure. He provides only monthly statements.

I had cleared GROUP-I in May 2007 exams. I lost GROUP-II due to lack of aggregate. I'm going to attend the GROUP-II of PE-2 exams in the coming November 2007 exams.

I need some good guidance / tips so that I can clear the said exams with ease.

Regards
Manikandan

I had cleared GROUP-I in May 2007 exams. I lost GROUP-II due to lack of aggregate. I'm going to attend the GROUP-II of PE-2 exams in the coming November 2007 exams.

I need some good guidance / tips so that I can clear the said exams with ease.

Regards
Manikandan

HOW CAN I MADE REGISTRATION OF TRUST WHAT IS IT'S PROCEDURE & WHAT DOCUMENTS ARE REQUIRED FOR IT & FROM WHERE I WOULD GET IT ???????????????????????????????

With the amendment to Section 194 I definition on Rent w.e.f.13.07.2006, the Rent includes Hiring of Plant & Machinery also.
In my opinion, hiring of vehicles i.e., taxi or hiring of a car on a continuous basis does not come under Section 194 I because, the Rent definition does not include 'Vehicles'
I also think Plant & Machinery U/s 194 I does not include Vehicles.
1.Am I correct in this understanding?
Now, with this please clarify me also,
2.Whether TDS on hiring of tractors ( with RTO Regn. ) for removal of waste etc.comes under 194 C or section 194 I?

If the assessee receives the Notice u/s 143(2) on or after 1st April-07 for the F.Y.04-05 (A.Y.05-06) (Return filed during the F.Y.06-07)

1. Whether the 06-07 scrutiny norms is applicable to all cases which are filed during the F.Y.06-07
or

06-07 scrutiny norms is applicable only to the cases selected / taken for scrutiny during the F.Y.06-07 (Notice issued date to be considered– Not the return filing date)

In this case what is the remedy for the assessee?

Can the assessee challenge the case during the course of hearing?.
or
Can the assessee challenge the case by means of writ? If yes, what is the procedure?

Dear Sir/madam,

Comapny IT Return 31-03-2007
ITR-6 - Schedule-HP Details of Income from House Property.

pls. clarify our query
Only one property - But tenants are many. How the property tax or Municipal tax (in the column(c)tax padi to local authority) can be shown in the relative space and how the names of various tenents are filled.

I have taken loan from an NRI friend and closed my Housing Loan with a Bank. Can I get exemption/relief for Interest payment & repayment of principal paid to NRI friend