As a manufacturer I purchased some material from importer & he passed the CVD & SAD proportionately .My query is that can i take cenvat credit of CVD as well as SAD ?

Hi all

I have a doubt regarding Basic Salary for HRA calculation.
We a government organisation receive Basic pay, Grade pay and DA (DA is 90% on Basic and Grade pay).
While calculating HRA exemption Basic Salary should be Basic pay + Grade pay + DA or Basic pay + DA alone

Please clarify.

Thanks

one of my client is having two residential property. one is self occupied and second is vacant. Now he sold out the vacant property and purchase a new property. My question is whether he can claim the exemption of section 54 against the capital gain, whereas he has already a self occupied property.

I have to file my return of PY 2012-13,i know it can be filed up to 31.3.2015 but can it be filed after 31.3.2014 if I have to pay some taxes and I have not paid taxes till now.

Pls reply

Greeting to all,
I have deducted tax on 26/12/2013 but deposited on 20/01/2014.
Interest is leveid @1.5% from the date of deduction to the date of payment.
My question is
Interest will be calculate for one month or two month.
bcz from 26/12/13 to 20/01/14, it comes 1month.

Thanking you,
Avinash

Hello experts,

Our company manufactures machinery and sell it @6.05% in Punjab and @2% against form 'C' out of Punjab. Except other raw materials which is purchased @6.05%, we also use electric motor, ac drives and other electrical items purchased @14.30% for this machines. So the query is:

1. Can we claim / deduct (ITC) full tax of 14.30% of electrical items used for such machinery, even though we are selling the machine @6.05% vat or 2% cst.

2. Also, can we claim / deduct (ITC) full tax in case where we use such electrical items in our factory for our machinery [used in production and not being sold].

HI, One of my client is working as an employee in an MNC with salary of 12 lakhs. He has some business in private.he is earning approximately 3-5 lakhs per year. He want to register his business on his wife name either as a sole propritery or company to save the tax on his business income.Now if he register as a solepropritory what are the expenses he can claim towards his business income.and please suggest some tax saving techniques.

What happens to article in a CA partnership firm if it dissolves. ?????????

Dear Sir,
We have received a contract from Reliance Telecome to install pipes after diging ducts. Material would be provided by the Reliance.

For this we required to obtain service tax registration. In this regard I have following queries.

1. Please provide me registration code that I should fill in st-1.

2. I will obtain registration from the address of my residential house. Therefore What are the enclosers that I have to submit along with hard copy.

Please reply soon.
Waiting for your reply.

DEAR SIR,
excise slab for number taken and filing return for quarterly and monthly slab when effective