Anonymous
23 December 2009 at 20:20
Gross salary of a person in financial year 2008-09 was Rs 1,30,000.His salary was not taxable so he did not file return in A.Y.2009-10.
But in this financial year 2009-10, his Gross salary is Rs 2,30,000 and he also got arrear salary Rs 20,000 of F.Y.2008-09.
He gets deduction u/s 80c is Rs 30,000 in F.y.2009-10. How much tax will he pay in A.y.2010-11. will he get relief u/s 89 for Arrear salry.
please suggest me
n v sudhakar
23 December 2009 at 12:00
Ours is a service industry and registered under Service tax. As a part of providing service we use packing material. To save the packing material cost, we bought one corrugation manufacturing machine and making cartons ourselves by purchasing craft paper. While billing to our customers we do not charge anything separately for packing. Our service charges are inclusive of packing material cost. Hence we did not approach Central Excise department for any registration.
Now there is an objection from Central Excise department stating that it comes under manufacturing and we are supposed to comply with central excise formalities.
Please advice on the above.
Regards
N V Sudhakar
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K
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suggestion for carreer
very good morning to everyone
dear members i am C.A student(frm delhi) wish to learn the various aspects of indirect taxes (i:e appeals preparation, hearing and IDT complaniance)and want to make up my future in this area also,
shall be grate ful to u all if u could suggest me upon, how to get into it.
and after Clearin my CA wish to do LLB: any can tell me from where i shud do??(best & convienent university)
Regards
Amit Mehta
9818068677