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saif   17 June 2014 at 13:01

Pan of executor

Dear sir/madam,

I have to file a return having income from capital gain on sale of the asset of a deceased person as an executor of the will made by her before her death. So how I can file the same as the deceased had no PAN so whether have I to take a new PAN as an Executor of the will and if yes How to get it and what documents I required ???

Kindly guide me for the same and thanks in advance...

Samik Kr.Chaudhuri   17 June 2014 at 09:56

Service tax

Sir
We are manufacturing unit.What is the easiest way to make calculate the service tax and deposit the same and also like to know the cenvat credit against the service tax. Clear me please.
With regards
Samik Chaudhuri.

YATIN   17 June 2014 at 09:51

Sales tax form h

Dear Sir,

we are start export i have query regarding purchase against form h

we use cap bottle label for packing our final product is xxx premium whisky

can we purchase against form h packing material as above discussed

Regards
yatin

Stephen   16 June 2014 at 21:18

Fd interest

Hello Sirs,

I had placed a FD for a 91 day period snapping 2 financial year (i.e 2013-2014 & 2014-20150) with interest payable on maturity which falls in next financial year. The bankers have deducted TDS of the previous financial and they have updated in Trace system. Now my query is why am I liable to show total income of the accrued interest of previous years while the interest is paid only in 2014-2015. Also this unnecessarily increases my taxable income and slab to pay. Please educate me is the a clear directive from CBDT to bankers are there any circular. Also if I have to file tax how my gross FY2013-14 income (minus)the interest amount which is paid in FY2014-15.

Thanking you in advance for your advice and legal taxation solution.

Regards
Stephen

gaurav   16 June 2014 at 16:54

Long term capital gains

sir, i have some ancestral agricultural property in outskirts of city. it is 100years old. If i sell it will i attract tax. it is semi urban village in tehsil records and has pradhan elected in it. though nagar nigam has included some villages , it is one of them. we pay agricultaral tax

Baiju Mehta   16 June 2014 at 11:04

Water tax

I am from Vadodara, Gujarat, I have my business office in Commercial Complex, 9th story building, Many shops and Offices. Municipal corporation has provide One single Half inch (1/2") water connection pipeline to building.(Not to all offices and Shops) This complex is manage them self water requirement from their own bore.

Recently, received House tax bill, where they are charging water Tax charge (Rs.1371/- for 22.Sq.Meter) Please note that Municipal Corp. has not provide water connection to me as well all other shops and offices.By raising water bill Corporation is collection about Rs.2.Lakhs approx. from this complex without providing water connection.

I want to know from all expert lawyers that is this legal ? Should I liable to pay water Tax ?

chinu   15 June 2014 at 12:18

Ltcg

We sold our ancestral inherited property 4 months back. The share was divided amongst three of us ,my elder brothers in law and me (my husband died 6 years ago).We are put up in different cities and are not in talking terms. The problem is that I will be investing my long term capital gain in capital gain account but what if they don’t do so. Although in the sale agreement pan nos. and names of all three of us are written and it is also mentioned that the amount is divided in three of us with the details of D.D. Nos. given to us at the time of selling.
Neither I have the old sale agreement (When the house was built or bought) nor the new one(when it is sold), so I don’t know how to calculate the LTCG also. Please help me as soon as possible.

chinu   15 June 2014 at 11:16

Ltcg

We sold our ancestral inherited property for Rs 15360000/-.For three of us (my husband died 6 years ago) the share came as 5120000/-. We are put up in different cities and are not in talking terms. The problem is that I will be investing my long term capital gain in capital gain account but what if they don’t do so. Although in the sale agreement pan nos. and names of all three of us are written and it is also mentioned that the amount is divided in three of us with the details of D.D. Nos. given to us at the time of selling.
Can I go forward with my investment calculating the long term capital gain tax for my amount i.e. Rs 5120000/-?
Please guide me asap.

chinu   14 June 2014 at 18:31

Ltcg

We sold our ancestral inherited property for Rs 15360000/-.For three of us the share came as 5120000/-. We are put up in different cities and are not in talking terms. The problem is that I will be investing my long term capital gain in capital gain account but what if they don’t do so. Although in the sale agreement pan nos. and names of all three of us are written and it is also mentioned that the amount is divided in three of us with the details of D.D. Nos. given to us at the time of selling.
Can I go forward with my investment calculating the long term capital gain tax for my amount i.e. Rs 5120000/-?
Please guide me asap.

Prakhar   14 June 2014 at 04:47

Muncipal tax

i want to ask that what are the criteria of house tax(muncipal tax) for residential flat in indore (m.p)