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M H Laskar   10 August 2010 at 00:08

Special Duty Allowance

Dear Sir,
One my Client who is a Central Govt. Class-1 Employee from New Delhi working at North East Region from the F.Y. 2008-09, whose Special Duty Allowances for last 2 years were calculated as Taxable Income, which is Non-Taxable as per IT Rules. He has filed his personal Return as per Form No.16. But now he wants to claim the same for last 2 years.
So, kindly suggest me how to claim ? By filing Revised Return OR to claim in FY: 2010-11 ? What is the Rule ? As he will get Refund.
Kindly reply on Urgent Basis, so that I can suggest him in your reference/s.
Thankx & Regards,

M.H. Laskar
Guwahati

Ravi Mishra   09 August 2010 at 22:35

Taxibility of gratuty

My friend retired in June 2009. At the time of retirement he got gratuty amount upto the ceiling.

Now act has been ammended and ceiling raised to Rs. 10 Lac.

He will now get difference of what actually has been paid and what is actually payable.

Difference amount will be within the ceiling amount (i.e. acual paid + difference will be within Rs. 10 Lac)

Question
Will difference amount will be subject to Income Tax?

Anonymous   09 August 2010 at 19:05

Tax liability of political parties

Are recognized political parties paying tax on their funds/income/donations received ?

Anonymous   09 August 2010 at 15:51

Service tax

Respected sir
contract is signed in 2003 which contain term inclusive of all taxes .in yr 2004 service tax comes in existance.claimant claim the reimbusment of service tax on account of service tax not in existance at the time of contract mattter is reffered to Arbitrator Arbitrator pass award that Both parties bear 50% of service tax we want to challange the award in district court what is our chances of winning whether are we liable to bear service tax ,AT THE TIME OF CONTRACTservice tax not in existance

Ashish Vishnoi   09 August 2010 at 09:44

Submission of C Forms on Tax Free Exempted Goods

We are a registered dealer dealing in Tax Free Exempted Goods. Is it mandatory to submit C form for Inter State Sale at the time of Assessment? Please provide me any judgement regarding above case.

Thanks.

Ashish Vishnoi.

Anonymous   08 August 2010 at 13:47

DUPLICATE C FORMS

CAN ANY BODY PROVIDE ME CASE LAW OF DUPLICATE C FORM IF SALES TAX AUTHORITIES HAS MISPLACED THE ORIGINAL C FORMS AND ORGANISATION HAS ALSO MISPLACED THE ACKNOWLEDGEMENT RECEIPT OF SALES TAX DEPTT.

Anonymous   07 August 2010 at 16:12

Section 35AD of the Income Tax Act

A newly established Hotel commencing operations after 1.4.2010,has a shopping arena within the premises.

Will the capital expenditure on the Hotel inclusive of the shopping arena be allowed as a deduction u/s 35AD? In other words,will the shopping arena be considered as a part of the Hotel for deremining the capital expenditure for Section 35AD?

Anonymous   06 August 2010 at 21:22

delay in p/ment of ITax Narch ending 2010

Sirs,
Kindly guide me
Being a pensioner ,I had home loan timely submitting installment and though I deposited the details to Bank where my pension is drawn & I had a fixed Deposit also there, but du8e to wrong calculation by Bank I was told no IT is payable ,when I calculated IT comes to Rs.300/-
My query is ;-
Can I deposit IT Rs.300/- only or any penalty OR may I request IT authority to waive off if any Penalty if to be imposed on me ?
advance thanks pl.

Anonymous   06 August 2010 at 07:40

ap cst sales c forms

a dealer supplied material to out of state dealer raised invoice for material cost and seperate debit note for transport charges . the dealer disclosed in his return total turnover including transport charges . but the buyer issued c forms only for cost of material ,what is taxable turnover under CST weather dealer liable to pay cst tax on transport charges also at what rate ,if no c form for freight charges is issued by buyer.

Anonymous   06 August 2010 at 07:29

ap cst sales c forms

a dealer supplied material to out of state dealer raised invoice for material cost and seperate debit noe fortranspor charges . the dealer disclosed in his return total turnover including transort charges . but the buyer issued c forms only for cost of material ,what is taxable turnover under cst wether dealer liable on transport charges also at what rate if noc for for freight charges is issued bt buyer.