Hello,

I have a Query about the issue of New Form 16 & Form 16A, it is said that it is for AY 2009-10, but in this year there were no UTN No. or TIN No. with the assessees who were paying the tax and uptil now new forms are no provided by the government it is true that format is provided but what about the UTN Nos. Please clarify the topic b'coz it is completely complexed & confusing
Thanks..

what are these zero coupon bonds

What is the difference between Rebate and refund? Please cover procedural aspect as well.

in case of a partnership firm salary , interest, remuneration to partner is it a allowed expense shown in P&L a/c

in case of a company not coming under tax audit is this section applicable remuneration,salary to directors expenses disallowed

Dear Friends,
We are following SLM Method to prapare Fixed Asset register under company law every year.

Rate of Depriciation on motor as per SLM is 9.50% & as per WDV is 25.89%.

We are selling our one car to our employee.

He wants that you calculate Dep on WDV method & give him car on the WDV arrived.

The value coming by this is lower than if we calculate according to 9.50% SLM.

The employee is saying that why you can not take WDV method to arrive at todays value.

How can we reply to the employee, that why we can not take WDV method?

SIR
AN ASSESSEE RUNNING HIS EMPLOYMENT HE GOT ANY SALARY ARREARS HE WILL GET RELIEF US/89

BUT AFTER HIS RETIREMENT HE IS RECEIVED PENSION EVERY MONTH BUT PAY REVISION HE WAS RECEIVED PENSION ARREARS AT THIS TIME IS ALSO HE IS AVAILABLE OF RELIEF US/89 OR NOT PLEASE TELL. THANKS IN ADVANCE

My company is a education service provider pvt. ltd. Co., Earlier we were paying service tax on rent, but april '09 onward we are confused to pay service tax on rent because delhi high court given decision. but department of service tax didn't take any action regarding this judgement. please suggest us we should pay service tax on rent to premises owner or hold service tax for next judgement.

Regards,
lalit

in wihch state(s) Entry Tax is applicable and in others NOT, why? i.e. there is entry tax not applicable and / or Court held un-constitutional.

Our client give services to a Japan based company and issue a bill of USD 5500/- including service Tax for their consultancy charges. The company based in japan give us payment of USD 5500/- fully. However they also deposit 10% of Rs. 5500/- i.e. USD 550/- as TCS in Japan on our behalf.

Now the query is that we give bill of Rs. USD 5500/- and get fully paid. But USD 550/- deducted on our behalf as TCS will include in our income and can we claim TCS. or we should not do the same. If we will do the same than whether we should revise our return of service tax by increasing income of Rs. 550/- USD also.

Please clarify. Urgent matter. Because the profitability relates to it. Subhahs Chander 999 000 3502, 905 089 5040