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YAGNESH HASMUKH DAVE   22 February 2014 at 13:57

Taxation

PARTNERSHIP FORMED BY TWO PARTNERSHIP CONCERN ALONGWITH PVT LTD BEING JOINT VENTURE AGREEMENT. WHETHER INTEREST ON CAPITAL A/C INVESTMENT OF THE SAID PARTNERS ARE ALLOWED OR NOT FOR AY 2011/12

Raja Singh   22 February 2014 at 12:02

Vat

Can Anyone has the sample of filled WBVAT RETURN FORM 14, 15?

PLEASE HELP ME SOON..... :)

perwinder   21 February 2014 at 23:05

tax on sold house income

hi
I just sold my old house in 20 lacs and the buyer made the registry on 17.4 lacs rupees.
so out of 20 lacs 7.5 lacs I have given to my uncle in cash and rest 12.5 lacs buyer cheque to my icici saving account. .. in the deed buyer mentioned the cheque no. and amount 12 lacs and 50 deposited cash to my account.
mt question is do I have to pay any tax.
thanks

sudhindra   21 February 2014 at 22:27

Karnataka vat act

Dear experts:
Please explain section 35 and rule 38 of karnataka vat act and related case laws
yours truely

Gorthi   21 February 2014 at 16:07

Karnataka vat- rates on sand and jelly

Dear Experts,

Please confirm what is the vat rates on the Sand, Jelly, Cement from Unregistered dealers and Inter state sales . We are construction base company from Bangalore and purchases made from MP< AP and Maharashtra

Regards

Anurag Kumar   20 February 2014 at 23:13

Income tax notice

I have sold some property in 2010 to tenants who had been there for nearly 40 years. the property was sold at much less than circle rate because it was a distress sale. I was very ill and I needed money. now four years later i have received query from income tax department. they will now ask for enhanced tax according to circle rate though property was sold for much less. what to do?

dashrath patel   20 February 2014 at 14:08

Capital gain account scheme-income tax

Dear Sirs,

I want to clear my case here:
My uncle sold N.A land of Rs.6 crores as on 27 june,2011.He had neither paid capital gain tax nor filed income tax return u/s139 within due date. He also failed to re- invest money in residential property.and not deposited money in capital Gain account scheme. Now IT department have sent notice u/s 133(6) requiring to produce the information. The only way to claim exemption U/s 54F is that he must purchase plot of land and construct a house within 4 months( i.e. 3 years from the date of transfer of property) LAST DATE 27/06/2014. So as per law the taxpayer shall made deposit before furnishing the return of income or due date of furnishing the return of income u/s139(1) i.e. 31 july,2012 whichever is earlier.
I am still confused IS IT MANDATORY TO DEPOSIT MONEY IN CGAS SCHEME?

Kapil Tiwari   20 February 2014 at 00:52

Thumb impression on itr-v (verification)

A very senior citizen (female), who could sign until last year has been hospitalised for a long time and will not be able to sign the ITR-V (to be sent to CPC, Bangalore) for the next IT Return filing. Can she be made to affix her thumb impression on the ITR-V? If yes, please advise if it should be left hand thumb impression or right hand thumb impression. Also, whether the thumb impression has to be witnessed/ attested? Should a declaration of the physical handicap be sent along with the ITR-V to Bangalore? Kindly advise. Thanks.

atul   19 February 2014 at 21:14

Income tax

I am a salaried person.I have deposited money as FD in my name but interest earned is more than 10000 rupees.can I deposit money in the form of FD in my wife's name?will she get the exemption on interest earned on FD under income Tax rule?

Harsh   19 February 2014 at 18:19

Refund of deposit amount in excise case

Dear sir,
There was a demand against my company by excise department.
I filed a case in cestat in 2003 and granted me conditional stay by depositing 5 lakh.

now after 10 year I have won the case.

My query is how much interest I m going to get on my deposit of rs5 lakh .whether I m goin to get compound interest on it as it took long 10 year to dispose off.

Pls tell the procedure for taking the money back from excise dept with above query