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jitendra   20 February 2011 at 11:45

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

rajiv   19 February 2011 at 18:35

Regarding Classification of goods

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

calculation of salary incometax

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

VAT ON SOFTWARE

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

C FORM

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

Authorzed sign on Invoice

Require One sign on TAX/RETAIL INVOICE
kindly give me a sec or rule that prove

Anonymous   16 February 2011 at 14:39

loan to my son

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

Stock Transfer

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

gift to my son

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

C FORM BURNED IN FIRE

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