Sir, My question is can an individual get tax credit benefit for tax paid by him while getting the taxable services and Vat or CST paid by him on purchase of goods.
In fact everyday we are getting the invoices/bill of taxable service and goods containing the tax amount, shown separately on the face of the bill or invoice, for example telephone bill with service tax and food grains purchases bill have VAT paid.
My only question is that is an individual can get ANY benefits of tax paid by him. (under any revenue law) for example while filling his ROI or payment of Income tax and some other taxes.
CAclubindia
