dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

Loan for purchase of commercial premises to what extand can we take rebate on total interest? A total interest per annum is 5 Lacs approx.

Krunal Vyas

Dear Sir,
we are the suppliers of auto parts to a party located in special economic zone who is claiming exemption from excise duty, Sir if we can remove our supplies to the party without payment of excise duty if yes under what provisions of the excise laws. We removed certain supplies after payment of excise duty for which our customer has not taken cenvat credit of that amount. Out of that supply certain materials are returned back to us on the cover of a debit note. Now the situation is that we cannot take cenvat credit of the returned goods because it is not under the cover of an invoice and our customers is not willing to return the goods under the cover of an invoice coz it is exempted unit. Sir my second question is can we claim refund of excise duty on these returned goods because we have not transferred the incindence of tax to the customers as he has not taken cenvat credit. Party will not pay us even for the excise duty on the returned goods although this we had pocketed out to the revenue. Please advice

Value of hp1- 1500000
sold for - 5000000
bought a new house2 for 1 cr
housing loan 90 lacs
cap gains invested -30 lacs..
will the assessee be entitled for sec 54???

Please explain me is there tds on courier charges paid monthly (contract basis)

if it is applicable then how much pecent?

for 01.02.09- 28.02.09 we paid 10912/- courier charges

for 01.03.09 - 28.02.09 we are expecting the same

Please explain me is there tds on courier charges paid monthly (contract basis)

if it is applicable then how much pecent?

for 01.02.09- 28.02.09 we paid 10912/- courier charges

for 01.03.09 - 28.02.09 we are expecting the same

We are an IT company involved in distributing Branded International software to end users in India. We purchase the software from the Indian subsidiary of the Software MNC and then resell it to the end users in India. The invoice from the Indian subsidiary and our invoice on end user mentions "License fee". Is TDS deductible on Software Licence fee under Section 194 J. If "yes" why if "no" why. Please support the answer legally

The matter has become complicated because effective from 16th May 2008 service tax is also applicable on Software License fee over and above VAT which was being charged post the TCS case wherein Software were to be treated as "goods".