Dear Sir,

In our company we are rendering three types of services

1 transport of goods by road

2 transport of goods by rail

3 transport of goods by air

but we do not maintain separate accounts for each of them. Service tax liability arise on transport of goods by air.

My question is can we take input credit of service tax paid on telephone service, postage, courier etc. against our service tax liability on transport of goods by air though we do not bifurcate the specifically paid for rendering service of transport of goods by air.

Please reply

Dear Experts

U/s. 80C housing loan principal repayment is allowed as deduction from income subject to limit of Rs. 1 Lac.

My total principal Repayment comes to Rs. 45000/- and total Investment u/s. 80C is Rs. 60000/- inclg above 45000/-

Now i can invest 35K more and get dudcution u/s. 80C of Max Rs. 1Lac.

So if i repay the principal amount of housing loan for Rs. 35K/- then whehter it will be allowed as deduction u/s. 80C within the limit of Rs. 1Lac.????

Thanks

Rohit

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