Shalini Choudhary
02 July 2015 at 23:29
Madam/Sir,
I am working in a PSU. CISF is providing security services in our PSU. Our company has provided rent free accommodation to CISF. We are paying Service Tax on all monetary facilities provided to CISF. Now the Addl. Commissioner issued a notice of non depositing of Service Tax on rent free accommodation, The Addl. Commisioner assumed that if the company has not provided rent free accommodation than company will pay House Rent Allowance. So taking this assumption the department issued a notice of deposit Service Tax.
Kindly suggest on the above subject please.
saji thomas
02 July 2015 at 18:56
As per Sec 78(1)(i)of Finance Act,if sservicetax,interest and penalty@15% is paid by an assessee,should SCN be issued or can SCN be dispensed with ? Earlier Under Sec 73(4)(A)SCN was dispensed with on paying ST, interest and penalty@25%
ravi jain
02 July 2015 at 15:51
I have booked a flat in an underconstruction property. The agreement is drafted in the following manner
First payment for unit is to be made in installments including VAT and Service
Tax.
Thereafter the builder will collect other charges just before handing over the possession of the property such as legal charges, society charges,non refundable deposits for water and electricty meters.
However the same is included in the agreement.
My query is that on what amount should I deduct TDS and under what section.i.e shall i deduct TDS purely on unit cost of property or the entire amount paid including other charges.
Pls give some reference if possible asap.
Thnk u
Krishanu Majumdar
02 July 2015 at 12:35
Dear friends please help me with the following problem.
A and B start construction of a building. A holds the land and B agrees to bear all expenses to construct the building. They made agreement to share the total number of flats in 2:3 ratio that is A will sell 40% of total flats separately and B will sell 60% of flats separately. I am to keep the accounts of B only. How to set up capital and how make all accounting.
Abhishek Roy Choudhury
01 July 2015 at 21:02
Dear Sir,
My query is that a female assesse aged about 45 years have filed a divorce
petition against her husband and court has ordered the assesse's husband to give a certain amount of money to the assesse every month which the assesse receives vide ECS in her personal savings bank account. The amount received in this F.Y. 2014-15 is under the tax slab of Rs. 2.50 Lacs to Rs. 5.00 Lacs. My question is whether the amount received is taxable under the I.T. Act and whether the assesse needs to file a return and if yes then under which head the income will come and which ITR needs to be filed for this kind of income.
Please suggest at the earliest. I am waiting for your reply.
Thanking you in advance,
Abhishek Roy Choudhury.
rohit
29 June 2015 at 13:58
Sir,
My friend is getting divorced and is receiving a compensation of 10 lakhs in form of demand draft.So she wants to know that when she deposit the amount in saving bank account, is that amount will be taxable, if yes then how much she need to pay and what is the procedure.
Also, she would like to know that is their any way through which her compensation should not be taxable.
KETAN HIRALAL SHAH
27 June 2015 at 20:41
I won in high court however I am not able to know where opposite party has filed SLP in supreme court or not ? How to find out from supreme court site. Pl reply
jyoti
27 June 2015 at 00:49
I have made a loss of Rs20.00lac in stock derivatives market in 2014-15.Can I show it in my IT return towards loss which is to be adjusted in next 8 years. I had borrowed some money from a friend who had given from his Company A/c which has not yet been repaid. Do I need to show that? My employer gives me a cerificate where the loss is not shown bcz there is no column for it.
Regarding tds
Hello sir/Madam,
I had done an audit of a bank in the month of april 2015 for FY 2014-15 and I raised the bill of Rs.283000 in may for which i received an amount by RTGS. Bank had deducted TDS and deposited on 31st march,2015.
My query is I had booked this Income for FY 2015-16. But TDS reflected in FY 2014-15.Can i claim TDS for FY 2015-16? what are the consequences?
-- J.Durga Prasad