A taxi owner entered in to a contract with travel agency to run taxi on fixed hire basis.the owner himself is driver. the contracter deducted tds on the payment of contracted amount.now my question is, can the taxi owner claim deprciation & petrol expenses,maintenance charges. if he is not maintained the petrol bills?

An assessee receives a cheque of Rs. 20000/- p.m from her company without any biferfication of this income like Basic, DA, HRA,..etc. and the Co. has not deducted TDS on her salary & she does not even receives Form-16 from her Co.

Now my questions are:

[1] Can an employee ask for Form-16 from his/her Co. even if she is employed without any salary biferfication ?

[2] Since TDS has not been deducted was the employee liable to pay Advance Tax ?

If yes then now will she be liable to pay Interest on such Advance Tax which was Payable?

[3] Or Is it ok if she now, while filing the return, pays off the self-assessment tax liable and its all over?

Please also tell me
[4] Is it employer's responsibility to deduct TDS from an employee's salary ?

If Yes, then it is not an employee's fault and then why should she bear Interest on Advance Tax if payable payable on above case?

[5] In above case if the Net Taxable income after giving effect of "Deductions under Chapter VI-A" is below exemption limit, is she still liable to pay Interest u/s 234 A,B,C on such advance Tax which she was liable even though she is not having Tax liablity on Net Income ?

Please Guide me...
Thanx in Advance..:)

In TDS Certificate, there is one column for education cess.Can we devide the column as Edn. Cess and S & H Edn. Cess?
Suppose in a quarter we have deducted TDS of Rs.3090 & deposited with interest/penality of Rs.100 i.e. Rs.3190 we deposited in Central Govt. A/c. When we issue certificate, what amount will be filled up in the column of 'Total Tax Deposited' (i.e., Rs.3190 or Rs.3090). Kindly reply.

we have purchased finished goods.we are also manufacturing the same product and want to export the total material

can we export the whole material under rebate claim under rule 18 and can dabit the duty from RG-23AII on the purchased material which is not being manufactured by us

pls advice

Thanks

if we change the method of valuation of inventory from fifo to weighted average method then it is required to change the value of opening stock and adjust the difference with the current year profit or loss.

and the other thing can A.O. rejects the change in method of valuation of inventory that we have adopted ? can he disallow the treatment ?
Please give me any case reference or judgement for this situation.

DEAR SIR
IF MANUFACTURE IS UNDER EXCISE & HE DOES NOT HAVING SERVICE TAX REGISTRATION, THEN CAN HE CHARGE EXCISE DUTY ON SERVICING/REPAIRING
OF HIS FINISHED GOODS THAT HE HAS ALREADY SOLD IN THE PAST.

We received one capital equipment on which cenvat credit taken. But due to fire accident that equipment totaly fired. Now we filed a Insurance claim for the same. Now the question is are we need to reverse cenvat credit?.

Please clarify the same with central excise provisions.

regards
K.MASTHAN BAVA
ZUARI CEMENT LTD

Sir,

I Join a New Job in April 2008 the company treated me as a contractor and deduct TDS and give me Form No 16A i received Income of 8324 and TDS On that Rs 175.00

After i Join a New Comapany in May-2008 to March-2009 this company give me Form No 16AA as salary income

sir my probleme is that what income tax form that i have to fill up some one said to me that for you ITR 2 is ok but tell me in which coloum i can show Form No 16A income in Form No ITR2

Please Guide me what to do

Dear sir, our's is an 100% EOU,our unit is in under cunstruction and errection stage.we are going for commercial production around march-2010. Now we are paying service tax on account of 1.Business axiliary services,2.Banking and Financial Services,3.GTA and on errection and constuction services. Since 100% EOU we dont have utilization of Cenvat Credit. Can we claim for refund of service tax . Regards G.Gopal Reddy

If Transporter acqired new truck after 1-1-2009 & make it put to use.
is he eligible for dep 50% ?