As per ammendment in 2007,valuation mechanism in perquisite in respect of rent free accomodation.The tax on basis of population cut by old rate calculating 15% of salary.In what way refund can get by filling in I-TAX return?As there is no specific column for the same in form ITR-1.Please guide me.
DINKAR PANDYA

My query is SH Edu.Cess is applicable for excise duty.

My query is SH Edu.Cess is applicable for excise duty.

In the previous year, I have raised bills of Rs.1600000, out of I have received payment of Rs.400000 in the P.y., on which I have piad Service tax. In the current year, I have issued bills of less than Rs. 800000. In the current year I am expecting receipt of payments less than Rs 800000 including P.Y. My query is weather i claim exemption from payment of S.T. from C.Y.?

Sir,

I am working for an S/W Company 100% EOU, registered under STPI & Service Tax, we have 2 units (1 Opend recently), I want to know what is procedure for caliming credit on Input Service of newly opend unit.

Sales Billing is centralised (2nd unit registration of Service Tax not required)

Please guide me

Shares transactions are done through out the year. The assessee is a salaried employee. Sale of shares during the year exceeded Rs. 1 crore. Should the assessee go for tax audit. Whether the I. T. Dept. can say that dealing in shares is his business and not his investments.

hi all
if i received any subscription from any no profit organisation supose he gave me a weekaly magazine.Is there any TDS, I deduct the payment as a tds or what treatment should i do

Can u provide me with new amendmend in above mantioned sections.

I have a difficulty
My sales are not liable for VAT...ie., Mine is a hotel industry and have income by way of room rent. I purchase materials for repairs and materials & other items which I pay input VAT....
As I have to file the VAT returns which is mandatory in maharashtra...it shows the sale and also the purchase items in the vat return.As I am not liable for VAT on output....I dont pay any VAT. But the Input vat is shown in the return based on the different purchases. It shows the Input credit and also in the subsequent return it shows as unutilised credit from the previous period. I think it should show as NIL or NA as I am not liable to pay any VAT on sales, I wont get any vat credit and hence no set off or carry forward also.
Please let me know how to solve this problem.
Regards
Avinash

When we use form c AND form 31 and what is the impect of this if we forget any of these. is there any relation between form c and form 31.please explain it with practical