Ours is a IT Company engaged in both Software and BPO.Whether it is easier to claim reabte on service tax or should one go for Cenvat refund under Central sales Tax. One of my colleuge has suggested me gto go for refund as claiming service tax rebate is very combursome and impractical.

Sandip

“Keyman insurance policy is a life insurance policy taken by a person on the life of another, who is connected to the business as an employer or in any other capacity , either in the present or in the past.” In the statement correct?
1. True
2 False
sir this statments is true or false.

Hi,

Recently I got my form 16 from my company, I have a question regarding form 16,

before that I have tell small story , my company had deducted less TDS tax every month, at the end of financial year they calculated again the TDS for complete year and came up saying they had deducted less tax every month it has to be . so they asked us to pay the remaining amount, all we have paid the amount as we need form 16 from them.

Now coming to form 16,
I got a form 16 from them mentioning in the last row Tax payable/refundable as 23000 Rs. payable, it is the amount I paid to them at the end of financial year as excess tax I have to pay them which they didn’t deduce at the end of every month,

From the knowledge I have about form 16, they gave me form 16 saying I have to pay Tax 23000 Rs. to the tax department, I want to know is it correct what I think?

As far as I know Tax payable/refundable should be zero as I have paid them the entire amount I should.

I contacted the HR but they said the form 16 what they gave me is correct and some one had misguided me.

I really don’t understand which is correct; please guide me in this issue.

What does it mean 23000 Rs. Payable in the last row Tax payable/refundable?

Your suggestions are really valuable for me,

I thank you in advance and regards
Madhu

Sir, can we use CA Logo which unveiled on CA DAy at our visiting card and/or at our letter pad etc..?

Sir, can we use CA Logo which unveiled on CA DAy at our visiting card and/or at our letter pad etc..?

can CENVAT credit be taken in respect of service tax paid on mobile bills

it is not specified in Circular No. 59/8/2003 that credit on mobile bills cannot be taken in Service Tax Act by Taxman

For manufacturing concerns, what are the input credit rules in respect of service tax paid on services availed.

sir is it similar like income tax challan to give single copy of GAR-7 to bank for payment of tax instead of TR-6 four-copies.?

In respect of Debit note received during 2005-06 from customer towards sales return and credit note accounted in the books of account in 2006-07 can we claim Cenvat credit for the excise portion. Also clarify whether cenvat credit can be taken for debit notes of customer raised in 2005-06 and yet to be accounted in the books of account, by now

hi
i have qry if any person get HRA from his employer which is Rs 26,000 & his income is Rs 2,00,000 & pay Rs. 50,000 as house rent than that is Tax deduction here
Rs. 26,000 HRA Actualy he GET
Rs. 30,000 (net amount total rent-10% of salary)
or Rs. 24,000 limit on house rent

under which rule chapter vi or section 10(b) & why
plz hlep me