rajiv
19 February 2011 at 18:35
Sir my client is charging 5% rate of tax on bitumen emultion under the category bitumen. The assessing authority has duly made assessments upto 2006-07 at the same rates. Now the deptt. is saying that the rate of tax on bitumen emultion is 12.5% under unclassiefied goods.
Further in our opinion after processing the raw bitumen the bitumen is made usable for use by changing its grades or by using emulsifiers.
kindly guide me that whether it amounts to manufacturing or processing. If possible kindly send me some relevant judgements also.
Regards
Rajiv Sharma
Anonymous
18 February 2011 at 07:45
some of our officer submitted tax calculation form to deduct tax at source.they are all having own house.previos years they have not claimed h.r.a rebate u/s 10 of i.t act. this year they took the rebate of H.R.A& the y filled the rent colum like this way .i amresiding at rented house,but rent expenditure is nil.then i asked the offiers to enclose rent certificate. one of the offoer statred blaming like this i am class one officer, i know how to get rebate, simply file. u are simply making objection. really i am upset,then i said sir this is proccdure ,one who getH.R,A rebate he has to furnish rent bills. from so many years i am verifying the salary bills & connected records . sir i want to know iam in the right way or not? are any hidden rules beyond the rent caculation. kindly clarrify me to enlighten my knowledge.
rpd
vinay gangadhar hegde
17 February 2011 at 21:23
Whether software is libale for VAT. Whether AMC contract for software is liable for vat under Karnataka VAT Act 2003
RAKESH B SHAH
17 February 2011 at 10:07
AS OUR ORIGINAL & DUPLICATE C FORM HAS BEEN BURNED IN FIRE WE HAVE TAKEN ZEROX COPIES OF C FORM FROM OUR CUSTOMERS I LIKE TO KNOW IS THERE ANY CASE LAWS FOR ALLOWING COPY OF C FORM PLS. LET ME KNOW
sandip
16 February 2011 at 19:40
Require One sign on TAX/RETAIL INVOICE
kindly give me a sec or rule that prove
Anonymous
16 February 2011 at 14:39
If I give my son a loan of Rs200000/- (Rupees two lakhs) for application money for booking a flat without any interest which will be paid back to me after 15 years will it attract any complication in terms of Income Tax Act ? This money is from my retirement benefit.
Anonymous
16 February 2011 at 13:30
Can a dealer get CST billing from a dealer of same state say "X" at it's branch office in some other state say "Y" and after that make stock transfer to his main office at "X" from it's branch office at "Y" against F-Form
Anonymous
16 February 2011 at 11:24
My son is applying for an allotment of flat. May I give the application money to the tune of Rs.200000/- (rupees Two lakhs) on his behalf ? Is there any complication form the income tax point of view ? Have I to inform the IT authorities ? This money is from my retirement benefits.
Anonymous
16 February 2011 at 10:16
AS OUR ORIGINAL & DUPLICATE C FORM HAS BEEN BURNED IN FIRE WE HAVE TAKEN ZEROX COPIES OF C FORM FROM OUR CUSTOMERS I LIKE TO KNOW IS THERE ANY CASE LAWS FOR ALLOWING COPY OF C FORM PLS. LET ME KNOW
sundry creditor trated as bogus
As for individual the income tax officer has passed an order for sundry creditors trating as bogus as I have aleready paid the payment by cheque and the same has reflected in bank statment but Incoem tax officer has issue the summon to crediotrs and he has left the premises and on the basis of same the income tax officer has raised the demand buth we have filed an appeal what is the view