1.Create 2 transparent layers.
*www.geocities.com/vjsona/tut/1.jpg
2.color layer 1 (just to make out the transparency).
with the rectangular marquee tool create a rectangle and fill with an color in layer 2.
*www.geocities.com/vjsona/tut/2.jpg
3.With the eliptical marquee cut the top portion.
*www.geocities.com/vjsona/tut/3.jpg
4.move down using down arrow key and select inverse and press del.
*www.geocities.com/vjsona/tut/4.jpg
5.Resize the layer with free transform (ctrl+T).
*www.geocities.com/vjsona/tut/5.jpg
6.Delete the inner content.
*www.geocities.com/vjsona/tut/6.jpg
7.create a border of 2 px and color it with F8F6F5 or similar.select the inner area unig magic wand tool.
*www.geocities.com/vjsona/tut/7.jpg
Guys i made a mistake . but nuttin to worry abt. just select entire layer 2 and Edit->Transform-->Rotate 180 degrees
and once again select the inner part of of layer2 with magic wand tool.
8.Using the gradient tool choose forground to transparent tool from the gradient picker and draw the gradient as see here.
*www.geocities.com/vjsona/tut/8.jpg
Now u are done with a single window out of four parts... rest are simple
9.Copy paste layer 2 to create new layer ie layer 3 and similarly layer 4 and 5
*www.geocities.com/vjsona/tut/9.jpg
10.Now flip layer2 and layer5 to vertical using Edit-->Free transform-->flip vertical.After done this -->flip horizontaly
*www.geocities.com/vjsona/tut/10.jpg
11.Create a lighted effect with gradient on the edges similary on all other pieces of windows.Blur if the borders are not smooth.unckeck use all layers.
*www.geocities.com/vjsona/tut/11.jpg
12.Remove layer 1 and replace with any other image u like. Merge the other layers if necessary.Use merge visible and dont use flatter image , u will loose the transparent layers.
And u are done !
here is what i created witht the transparent logo !
*www.geocities.com/vjsona/tut/myresult.jpg