jtd wrote: > On Saturday 30 May 2009, Rony wrote: > >> >> While he is mentioning that he is getting bills, he hasn't yet mentioned >> what exactly they charged him for, as the amount he mentions does not >> tally with his monthly rental. Anyway it is his choice. Many a times, >> the first bill contains an advance rental for the next month. Even with >> zero rental bills, the amount is deducted only after the bill + taxes is >> made. For eg. If a Rs. 1750/-. rental is waived off, they add the 12.5% >> service tax to it and on the final amount of Rs. 1968/- deduct Rs. >> 1750/- which means a bill of Rs 219/-. They pay our rental (For the free >> period) but we pay its tax as that is not free. >> > > Whoever pays the rent pays the tax. If you paid tax, you must get a tax > receipt, cause you are entitled to setoff. > > Afaik you are mistaken, cause Reliance cannot claim tax on zero bill. > > > > Rental being free does not automatically imply that tax on it is free. A CA would be able to unravel this mystery. The bill and the cheque payment is proof of tax paid and can be used for accounting purposes. If you pay cash at the Webworld, you get a stamped receipt. In my mobile, I am on a zero rental scheme where I get free talk time equal to my rental amount. My bill has many components like sms usage, surfing etc and on the final amount after tax is added, I get the discount for my local and std calls.
-- Regards, Rony. GNU/Linux ! No Viruses No Spyware Only Freedom. -- http://mm.glug-bom.org/mailman/listinfo/linuxers
