Income Tax queries [36043]

All Resolved Open

Bharath CV

16 March 2009 at 14:49

Difference b/w Circulars and Notification.

Can anybody please tell the difference between a circular and a notification?

16 March 2009 at 14:46

Service Tax on bank charges deducted by intermidiary Bank

Assessee is a exporter, who receives remittance in foreign currency from the overseas customers. the remittance received is after deducting negotiating charges involved. Is service tax liability will be attracted on this charges. And that too receiver of these services ids liable for paying service tax. secondly if the service receiver pays the service tax to govt. can he avail credit against the same towards paying his excise liability

Pawan Mittal

16 March 2009 at 14:36

TDS

Hi friends,
Mr.A (exporter of India) sent a shipment to Mr.B (U.K.) at payment terms on 120 days. Mr.A has discounted the bill from Mr.C (A finance company at U.K.). Mr.C has sent the payment to Mr.A after deducting the interest and discounting charges.
1. is Mr.A is required to deduct the TDS on interest and discounting charges paid to Mr.C
2. under which section.
Please reply

Sandeep

16 March 2009 at 14:02

ITR-1

HIiiiiiiii

Can any one tell me where i can show deduction on interest on housing loan in ITR-1.or u can tell me what amount i have to show in gross total income

Sandeep

16 March 2009 at 14:01

ITR-1

HIiiiiiiii

Can any one tell me where i can show deduction on interest on housing loan in ITR-1.or u can tell me what amount i have to show in gross total income

NILESH MANDOLE, MBA (Fin),CS

16 March 2009 at 13:33

limit for regestration of vat

i have strated my new business but i want to know the limit for register for VAT i.e @ what amount of minimum turnover one has to make VAT registration

MANOJ CHOUDHARY

16 March 2009 at 13:22

FBT

Conveyance Remebersment as part of salary struture.

FBT Applicable or not

Sanjay

16 March 2009 at 13:22

Rate of Service Tax on Domestic and International Air Ticket

What is the rate of service tax for Air Travel Agents on booking of Domestic and International air tickets from 24.02.2009

shuvendu ghosh

16 March 2009 at 13:21

serice tax liability

A sum of amount received ( advance) on may,2008 against software license then it was not covered under servec tax. But I realased the licence on feb,09 to my customer and genarated invoice after purchasing from vendor then it was covered under st. From which date ST liability will be created on the advance amount received on May,2008 against that license ? urgent.