AJAY KUMAR
26 September 2015 at 17:21
we want to buy a goods whose enter in part II in schedule II goods in C.G. vat act but the material not mentioned in our registration. so what vat ITR applicable or not on that material.
Jayachandran
26 September 2015 at 14:28
Savings and credit groups for poor women has created an umbrella organization, which is a registered Trust. During the last assessment year, it has received voluntary contributions of Rs125724/- and out of which incurred expenses of Rs48470/-(office rent and registration) and elderly care RS 8609/-, and made a provision for accounts and audit and elderly care activities RS83048/-. Now we have received a notice from IT that the entire voluntary contribution is taxable @30/-. They have not recognised the expenditure at all. We seek your opinion and advise. Thanks in advance
R.Jayachandran
jayasdc@gmail.com
My father had bought flat in 1979 for Rs 1 lac. I have inherited entire flat after my father's demise. Its present value is about Rs 2 crores. I am retired, plan to sell the flat in near future and go to native place. I do not want to buy another house as I have a house in native place.
To save from paying heavy LTCG tax, can I donate 75% of my share i.e., 25% to each - my mother, daughter (NRI) and wife? Whenever WE will sell it, may be after 3 years of gifitng, can each of us invest 50 lacs in CG Bonds to save CG tax.
What will be the cost of acquisition to each donee?
If donee will sell it before 3 years then will the profit be considered as Short term cap. gain?
Thanks for your guidance.
RANJAN
21 September 2015 at 14:59
I need a clarification with regard to issual of form F for a branch transfer of my client who has invoiced on 27/04/2015 FY 2014-15 form his Delhi office and the said goods were received on 04/04/2015 FY 2015-16 at the branch .Kindly clarify whether the form F is to be issued based on the date of invoice or the date of receipt at the branch in Bangalore .regards Ranjan
jiwan
19 September 2015 at 19:30
DEAR SIR,
PF ACT APPLICABLE IN HOSPITAL ?
THANKS
REGARDS
JIWAN SINGH
jiwanpokhariya@gmail.com
Debashish
18 September 2015 at 10:31
I had deposited the sale proceeds of my inherited land an my savings bank account amounting to Rs.18 lacs in tne year 2012.The same amount has been utilised in purchasing my current house property in tne year 2014.Now, I have got a letter from income tax department as to why i had not filed a return for AY 2013-14 inspite of deposit of amounts more than 10 lacs in my savings account.My answer is that since the amount has been utilised in purchasing of a property of equal value,there has been no gain in the process and as per provisions of Sec 54F of income tax act, my gain is exempted. I need to mention that I have never filed income tax return as my taxable income is below the slab for an individual.Plz mention if my reply is correct and if i can file a return for that year now.
usingh
17 September 2015 at 19:28
can a revisional authority remand the case to Assessing Authority
Dilip Domadiya
16 September 2015 at 19:05
Dear Sir
i want to know credit reduction on outstate sale under gujarat vat law
purchase within state 2515015/- tax 126016
purchase from outside state 13471718/- tax 269434/-
sales within state 17260935/- tax 863045/-
sales outside sales 8277654/- tax 165554/-
branch transfer 1780250/-
please find attached file for detail information of sales & purchase
H form and f form - export sales
Dear Sir
ours is a multi state company company. AP branch purchased goods from a supplier in AP for export purpose without tax (Form H will be issued).
But the stocks are separated, some of the stocks are sent to Taminadu branch on stock transfer invoice to export from there.
Balance stocks are exported from AP.
The thing is both AP and Tamilnadu are registered dealers, total invoice received on AP branch from the supplier.
In this case how to issue FORM H to the supplier, who has to issue it? What is the procedure.
Our company people asking for revised invoice, but supplier unable to issue the same as VAT return already filed.
KINDLY HELP SIR.is it possible to get separate H forms from both branches.
Thanks.
Swamy