hdshardik
29 January 2014 at 16:43
1. When an asset whose cost is N/C and sale it, is it liable for Taxability? It is not depreciable Assets? Cost is nil as the purchase / acquiring cost is already written off in P&L A/c and how that material is sold to third parties for consideration, is capital Gain attracts?
Rupesh
28 January 2014 at 20:52
Hi,
I am selling my land in 40lakhs and the total amount will be credited in my account in one shot by buyer. do i need to pay tax on this sale amount and if yes then how much tax?
SIR I AM HAVING AN 100% EOU GRANITE MINING UNIT UNIT SINCE 2008. I USED OLD MACHINERY FOR THE GRANITE DIMENSIONAL BLOCKS PRODUCTION. IN THE FINANCIAL YEAR 1.4.201-31.3.2011. I AVAIL IT EXEMPTION UNDER 10 B. NOW MY INCOME TAX OFFICER SAYS MY CLAIN IS INVALID IN 2 REASONS. 1. MINING WILL NOT A MANUFACTURING WORK. 2 USING OLD MACHINERY IS NOT PERMISSIBLE TO CLAIM IT UNDER 10 B OF INCOME TAX ACT. PLS GUIDE ME.
atul shkeharbhai nagarkar
27 January 2014 at 18:39
Hello
sir i want to know about credit not and debit not what is effect on vat?
i also want to know about high seas sales and export through h form?what is the effect on vat?
i want to know cst rate ?
Dear Sir,
On 31.03.2011, an amount of Rs. 4745/- was deducted by the Bank as TDS for FY 2010-11 on Fixed Deposit even after submission of Form 15G and copy of Pan Card.
The amounted was deducted by the Bank on 31.03.2011 but still not deposited to the Tax Department. In this case what to do? Till date no satisfactory answer received from the Bank.
rajender
25 January 2014 at 19:31
Is NPA( Non Practicing Allowance) paid to Veterinary doctors is part of salary for the calculation of income tax .
Mr. A’s RD A/c with a Bank matures on 15-04-2014. Interest earned on RD A/c is free of TDS (that is no TDS is is deducted by the Bank). Now what about the treatment of interest amount? Whether interest should be treated as income if:
(I) int. earned is below Rs.10, 000
(ii) int. earned is above Rs.10, 000
With regards,
Pundalika Bhat.
YAGNESH HASMUKH DAVE
25 January 2014 at 12:29
sir a father has recvd ancestrated agricalture land in share with two others now they have decided to sale the agriculture land my question is:
1) what will be the cost price of land as its ancestrated agr land to be taken for calculation of capital gain tax.
2) can the father invest capital gain money recvd in share for flat or capital gain bond or he have to invest in agr land only to save capital gain tax
3)if the father give the capital gain money recvd in share to his son as gift whether the father has to pay capital gain tax pl explain briefly
Anand Pratap Mishra
25 January 2014 at 11:51
My Company registered in Delhi has got Works Contract in Bihar for IOCL. My Company has no sales tax registration in Bihar. Please suggest how to move my machinery to delhi lying at some other projects. please suggest whether sales tax registration is compulsory in Bihar for executing work? If not Registered then what would be my liability?
Income tas & provident fund deducted but not deposited by company
I have superannuated from a public limited company based at New Delhi. The company a deducted an income tax of Rs. 3,18,998 from my salary and partly deposited with the IT Department. Therefore they have not issued any Form 16 for the previous financial year 2012-13. Similarly they have not yet paid my dues towards Full & Final settlement. What should I do?
I solicit your expert advice on this.