Easy Office
LCI Learning


sunil
20 July 2009 at 09:50

eligibility of ITC claim

Dear experts

Unit is purchase and used various electrical items for expansion/modification/generating of plant.Can ITC claimed on these type of electric items?Ifyes what type of supporting documents required to prove eligibility of credit?

Thanks

Sandeep


Murali dhar
20 July 2009 at 09:48

difference of 16 & 16AA

Dear Sir,

My company issue Form 16 for period of April 08 t0 march 09. and16AA issued for the period of 11 months.
y it is diffence inocme stated in those forms for same asst years.

In which form enclosed to ITR-2 for this asst year

with regards
murali dhar


Vilas Waghule

Can derivative loss be treated as income from other sources and accordingly adjusted against salary income? can it be carried forward as business loss or any other source?


Kripa Srivatsan
20 July 2009 at 09:34

PCC June 2009

Can some one please tell me the tentative date of the result of PCC june 09 exam???


Murali dhar

Dear sir,

We are awareded a contract to a Party in view of suply of Granual Sub base(GSB) to our Road works.

1. The Rate inclusive VAT
2. Party had submitted invoice on 06.06.2008 with out specify VAT amount intheir Inovice.
3. Now the auditor pointout in this matter for collection of VAT from contractor for thier subsequent bills( 4%).

Can we deduct this amount from their subsequent bills on 15.07.09?


umesh gupta
20 July 2009 at 09:25

deduction of housing loan

assesse has taken housing loan in 2002-03. which has been paid till 207-08. now he is taking another housing loan for construction of second house other than in which he is residing presently. wheather he will be eligible for deduction u/s 80C and sec 24.


Murali dhar

Dear sir,

Is there is any amendment u/s 80C for investment for Asst year 2010-11


with regards
N.Murali


Murali dhar

dear Sir,

We are aggrement with a Travelor for providing a car to our office purpose with driver for the period 1 year. we are confused applicbility of 194I & 194c and diffrence in this matter.

with regards,
N.Murali.


Murali dhar

Dear Sir,

our company gives ex gratia to all employees due to completion of Road project. in this regard whether it is taxable uder head salaries?

2. What is difference of Bonus, ex-gratia under income tax Act?


Kindy clarify in this matter.

Best regards
N,Murli dhar


Uma
20 July 2009 at 00:44

Karnataka VAT

Hello Sir, Madam,

I am in the process of buying a residential flat in Bangalore. The proje ct is under construction and the posession will be in Dec 2010. My query is 'Whether kvat is applicable to the cost? if yes, what is the percentage. Further, is Service tax applicable?

Thankyou for your time.

Regards
Uma