A.O. issued notice u/s. 142(1) on dt. 15/6/2009 to submit IT return for the A.Y. 2006-07. Also requested to submit copy of returns & Form No. 16 from A.Y. 1996-97 to 2008-09. Is it a valid notice. Is it binding for the Assessee to submit the required documents. Plz keep the querry open.

A company purchased an Machine in Mar 09 & also put to use it in Mar 09. Accordingly it charged, dep over the asset under both IT Act & Cos Act but in May 09, some fault found in Machine and is returned back to vendor. Now, how shd company pass entries for Asset Return and dep over it for 2008-09 & as well as for 2009-10 under both Cos Act & IT Act?

One of My Client Providing services of GTA and in some cases the Service Receiver deposit SErvice Tax himself and paid him the balance. But did not gives the Challan My question is wheather i have to show that amount of service on which i have not received challan in service tax retun.

plz describe the whole concept of GTA.

thanx in advance to all of u .

If an individual Asset out of a blok is sold during the year, how is the dep calculated over that asset for the days used during that year under Cos Act & Income tax Act?

respected sir,
i want to know about the deprecaition rates on
fixed assets
plant& machinary
buldings & assets
according to both as per income tax and comapnies act...
reply fast
THANK U

In Challan No. 283 for Fringe Benefit Tax Advance Tax payment Financial year upto 2008-09 displaying in E-payment tax challan.

For the Financial year 2009-10 we have to pay advance tax on Fringe Benefit Tax. Now, please clarify in this regard how we can make payment
for the Financial year 2009-10

I want to know the amount of sales and/or purchases after which registration becomes compulsory. also. other requirements

Dear Sir,

Pls, give me income slabe for fy-2009-10


Harish

A sallaried person have interest on housing loan in form no.16
Where it wll be allowed as deduction??

Treatment of indexation in case of inheritence,gift. should we give the indexation from the period in which the previous owner acquires the capital asset or from the date when the capital assest is gifted to the date of sale.