Puneet
06 October 2015 at 19:26
Dear Sir,
I have completed my LL.B. in last Month,and i have already apply for enroll in bar council of UP.
Sir, I am so confused because , my family financial background is not so good, and i also not to go out site for job .I am already in Job in CA. Firm.I want to Practice in Taxation but because profession is not too easy .and minimum 10000/- rs. expenses in house normally.
so please tell me what i do.
Pls help me sir.
SUDHIR GUPTA
06 October 2015 at 10:30
CAN GOODS IN UTTAR PARDESH BE IMPORTED WITHOUT FORM 38 BELOW A SPECIFED AMOUNT SAY 5000.00 BY A REGD DEALER. IF YES KINDLY PROVIDE RULES
Nookala Subrahmanyam
06 October 2015 at 09:28
Recently EA 2000 audit was conducted, the audit officer has pointed out that one of the entry of excess credit taken in April 2014 amount, and asked us to reverse the cenvat we have done the reversal in Sept 2015. In review meeting Commissioner (Audit) advising the audit officer to demand of penalty under 15(1) of CE rules and interest. This rule is not retrospectively amended, how could they demand u/r 15(1).
Further we have been maintained the balance of amount in our cenvat account. It is very clear that the cenvat availed but not utilized. Hence, there was no question of interest. Experts please comment on this.
Please comment on this
yagnesh dave
03 October 2015 at 12:36
WE TWO PARTNERSHIP FIRM & PVT LTD CO THREE ENTITY JOINT TOGETHER UNDER JOINT VENTURE AGREEMENT OF CONSTRUCTION ACTIVITY AND AS PER JOINT VENTURE AGREEMENT INT ON CAPITAL INVESTMENT BY THE PARTNERS INT @ 12% AS PRESICRIBED U/S 40 (B) OF THE I TAX ACT THE INT PAID TO AOP THREE MEMEBERS ON THIER CAPITAL AS PER JOINT VENTURE AGRREMENT ARE ALLOWABLE AS EXPNESES OF THE FIRM U/S 40 (BA) OR UNDER ANY OTHER SECTION 30 TO 38 OF THE I TAX ACT THE TDS IS DEDUCTED ON INT PAID AND PAID TO THE GOVT KINDLY EXPLAIN FULLY
dharmendrajoshi
02 October 2015 at 22:29
A CONTRACTOR PURCHASE SAND &CHIP BROUGHT IN TO LOCAL AREA MEANS HE DO HIS WORK CONTRACT IN THE SAME AREA WHETHER ENTRY TAX LIABLE UNDER ODISHA ENTRY TAX ACT 1999
Sanjay kabra
02 October 2015 at 07:20
Pl tell me ac restaurant sc & vat rate
pundalika achyuta bhat
30 September 2015 at 13:51
Sir, Mr. XYZ is having a Fixed Deposit of Rs.1, 06,404 = 00 with a Bank. Period of Deposit is 15 months starting from November 2014 up to mid February 2016. Rate of Interest is 9.50 % p.a.
Details of interest earned on the above Fixed Deposit:
Interest between Nov. 2014 and end of March 2015: Rs. 5,054 = 00 (F.Y. 2014-15)
Interest between Apr. 2015 and end of Feb. 2016: Rs. 8,193 = 00 (F.Y. 2015-16)
Total amount of interest payable on maturity: Rs. 13,247 = 00 (F.Y. 2015-16)
My question is:
(1) Whether above Bank Deposit attracts TDS provisions for the F.Y. 2014-15 and F.Y. 2015-16 or not ?.
(2) Whether Bank can deduct TDS on the interest amount payable on maturity, saying, income by way of interest is more than Rs. 10,000 = 00 for the F.Y. 2015-16 ?.
Pundalika A. Bhat.
Rupendra Porwal
29 September 2015 at 15:21
Dear fellow Friends,
By RBI circular dated 3.5.2000, the third party payment for export was not allowed. Thereafter RBI by Circular No. 70 dated 8.11.2013 allowed payment from/to third party importer/exporter.
Export made in F.Y.2012-2013 and payment received from third party. Now queries are as:
Whether an exporter be eligible for export benefits for the exports made during the F.Y. 2012-2013 and part of export proceeds received from the Third party?
Do approval vide RBI Circular No.70 dated 8.11.2013 allowing receipt of part/full payment from third Party enable the exporter to retain the previously availed export benefits?
Seek your valuable advice.
Regards,
Rupendra
Advocate, Lucknow.
9838597775
Shubha
28 September 2015 at 16:37
I filed my IT return for AY 14-15 in Feb 2015 (Very late). I also got my refund electronically in June 2015.
On 22nd Sep I got an email from a gmail id asking me to appear personally or through a lawyer to the Civic Centre, New Delhi office for "further details". I want to know a few things from our experts here:
1. Is this a fake notice as it has come from a gmail id?
2. U/s 43 (2) the notice should be sent within 6 mths of te end of AY. I filed my returns late so I am not sure whether this still applies.
3. I've got my refund and this notice comes after that -is this possible?
4. There is no attachment in the email, no reference number - is this suspicious?
5. The ward number mentioned in the email is not the same as that associated with my PAN (I checked on the IT Department's site).
Pls advise what to do. I am not in India currently and cannot appear for verifying it personally.
Regards
Shubha
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Tds on auction of immovable property under sarfaesi act
Hi,
i have a confusion on sectio 194IA of Income Tax Act. whether TDS shall be deducted by auction purchaser on purchase of property worth 1 crore auctioned under SARFAESI ACT by Bank.If it is deducted then in whose PAN it would be shown- in Bank or auction purchaser.
Please suggest
thank in advance