Dear Experts,

presently i am registered in vat,karnataka and also my sister concern registered in COT.

Please any one tell the last date for filling the vat annual return in both the situation.

Hi All,

In the TDS section of new Return form UTN to be filled up by the assessee whereas the same is introduced wef 01.04.2009 as per my knowledge. Could any body clarify how to get this UTN for financial year 2008-09.

Thanks

Sanjay

Can a manufacturing company avail credit of service tax charged by a broker/ commission agent for the business(purchases and sales) brought by him for the company?

The company argues that credit cannot be taken as the broker/ agent has gathered business for sales(post manufacturing activity).If broker charges them for purchase of raw materials(pre manufacturing activity) then they would take credit for the service tax amount charged on the brokerage.

Please clarify the issue with reference to the relevant section of the Service Tax Act.

we are receiving the GR from our transporter as he is rendering the service to us
GR Structur

Basic freight 500
GR chgs 100
fov chgs 250
other chgs 250
door delivery chgs 200
total freight 1300

pls advice are we liable to pay service tax for full amount or only basic freight amount

is the door delivery charges are for caclulating the service tax

Can some one please let me know the procedure for transferring the funds out of country by an expatriat at the time of leaving the country .

In this case the person is a United Nations International employee (at present serving in India and he is moving out of India as he has shifted job and joined another UN agency.

He wants to close his INR account here in which he was receiving part of his salary and transfer all his funds to his account in Canada(He is a canadian national. Under the UN immunities & preventions act he is not required to pay any tax but what are the formalities to transfer the money to his canadian account?

Thank You

Are there any statutory requirements which a company shd consider while its employee submits Rent Slips for claiming HRA exemption?

A company does not pay advance tax in time and at year end pays the whole amt in single payment and calculates the intt due for delayed deposit and makes appropriate provision for same. The tax due has been deposited but the intt amt has not been deposited yet. Now, will there be calculated Intt on Intt due to be deposited or there is no such requirement under IT rules?

By what period an ITO can do the assessment of the Fring Benifit tax of an assessee?

Suppose a company deposited FBT lesser than by some amt due to wrong calculation and also filed wrong details while filing FBT return. Its now more than 2 yrs now. Can the ITO still call for books of A/cs and do assessment?

Will this time period of assessment also have impact upon Intt any due on assesse for delayed deposit of FBT two years back. Can he be called now to deposit Intt or not?

An assessee wrongly deposited TAX for himself but while rechecking he founds that his income was not liable to tax and no tax was required to be deposited by him. He has not filed any ITR then and due date has also lapsed. What can be the consequences now or can he get his money refunded?

Shoule A small trader (not required under IT rules to compulsorily maintain books of A/cs) also depriciate his Assets at rates prescribed under IT Act while calculating his net income from business?