Sir,

What is the procedure of Cenvat Credit Rule Against Capital Goods , How Much taken in Current Year & Blance Part taken Procedure .

Thanks

Abhishek Bhadaouria

9873925672

If a person has gone on Deputation from India to abroad, will he be able for 182 days criteria or 60 days criteria?

Thanks in Advance...

Return of income/ fringe benefits can be furnished in any of the following manners:-
(i) furnishing the return in a paper form

(ii) furnishing the return electronically under digital signature

(iii) transmitting the data in the return electronically and thereafter submitting the verification of the return in Form ITR-V;

(iv) furnishing a bar-coded return in a paper form
PLEASE CALARIFY THE(iv) OPTION.WHAT IS BAR CODED RETURN
&
WHETHER ITR-V IS SEND TO BANGLORE ONLY .
IF YES.
HOW THE ACKNOWLEDGEMENT WILL BE RECEIVED IF RETURN BEARS NO EMAIL.

SIR/MADAM
LAST INCOME TAX RETURN WAS FILLED FOR A HUF WAS MORE THAN 10YEARS. KARTA FORGETS THE PAN NUMBER. AS THE TOTAL INCOME IS MORE THAN RS.150000, THE KARTA WANTS TO FILE INCOME TAX RETURN.

THE PROBLEM IS THERE IS NO PAN NO. THEN HOW THE PROBLEM CAN BE SOLVED ?

THANKING YOU
SAMPAD MOHANTY

Suppose a person books a house,which is under construction and the possession will be given in DEC. 2010. There is an agreement to sell. (Down payment for booking being Rs 4 lacs).

Now, till DEC. 2010, the person stays in a flat from 1st April 2009 to 30th Nov.2010, which is hired by him (rent being Rs.10,000 /- p.m.) and the company pays Rs.12,000/-. p.m. as HRA.

Loan from bank (Rs 24 lacs) is taken on 1st Oct. 2009 @ 10% p.a.

1) How the Total Income will be computed for A.Ys. 09-10 and 10-11 ? (Assume salary is Rs. 35,000/- p.m.).

2) Also, if in the case of the flat taken on rent, the deposit amount of Rs.30,000/- and rent is paid in cash, can the benefit be claimed in IT (is it sufficient to show the agreement) ?

Suppose a person books a house,which is under construction and the possession will be given in DEC. 2010. There is an agreement to sell. (Down payment for booking being Rs 4 lacs).

Now, till DEC. 2010, the person stays in a flat from 1st April 2009 to 30th Nov.2010, which is hired by him (rent being Rs.10,000 /- p.m.) and the company pays Rs.12,000/-. p.m. as HRA.

Loan from bank (Rs 24 lacs) is taken on 1st Oct. 2009 @ 10% p.a.

1) How the Total Income will be computed for A.Ys. 09-10 and 10-11 ? (Assume salary is Rs. 35,000/- p.m.).

2) Also, if in the case of the flat taken on rent, the deposit amount of Rs.30,000/- and rent is paid in cash, can the benefit be claimed in IT (is it sufficient to show the agreement) ?

Hi
It is Compulsory to Put UTN for the F.Y.2008-09 if yes then if a person dont put That what will be penalties or Fine


Wating for Reply

Sitaram

we are manufacturar exporter

i want to know that is it mantadery to maintain stock register RG-1 for maintaing the stock staus as per excise rules

Hi,

recently service tax for sez in eleminated for services which is being used inside SEZ. Now, do we need to pay service tax for CHA services?

Dear sirs,

we are declaring VAT paid on local purchases as advances & Deposits - Assets since the sale is zero rated ( only exports & no local sales ) and will get back the VAT from Dept as refund under TNVAT Act.Now the doubt is when we get the refund by cheque, the accounting entry reducing the advance and Deposits account will be enough or the receipt should be separately recognised as income under Income Tax Act in P&L.If so, how to pass entry?