SHAILENDRA
21 October 2013 at 14:26
What is the meaning of "abated Value" in Reverse chgarge mechanisam
SHAILENDRA
21 October 2013 at 11:21
My Friend is subcontractor for Tata Projects Limited. AS per agreement Tata Project Limited supplies him Material Free of Cost.My friend charges Service Tax to TATA Projects Limited. In this case TATA project Limited is deducting WCT TDS on entire Invoice i.e including SErvice Tax & also on Cost of Free issue Material. I want to know whether this WCT TDS deduction is legally correct or not?
N SURYANARAYANA
20 October 2013 at 21:45
The AO intend to make additions for TDS violations vis-a-vis 40(a)(ia) even in cases where estimation of income is resorted to. I think the provisions of section 40(a)(ia) are independent and therefore such action need to be upheld. If this is not the case, the assessees' would say that there are no books of account and therefore estimation can be resorted to, which appear to be a safer zone to evade tax legally. In such a scanario the purpose of TDS provisions are defeated. Hence, the AO has to decide the taxation of income independently and can also make separate additions on account of TDS violations. Please offer your valuable comments.
Member (Account Deleted)
19 October 2013 at 20:32
Someone told me that in USA there is a Inheritance property tax? does it means that after the death of parents, son has to pay 30-40% tax in order to live in his parental property? what if son is a college going student how will he pay 30-40% tax in order live in his parents house?
is it also going to be in india
Ashok Gupta
19 October 2013 at 11:51
Sir,
I want to know that once show cause notice is issued by Income Tax Deptt under 271 AAA then what is the time period within which A.O. has to pass the order.
Regards,
Ashok
kaidjohar
18 October 2013 at 16:32
R/sirs,
What is effective date of Sec.43ca.
01-04-2013 or 01-04-2014 ??
My client purchase land of Rs.800000/- but stamp duty value is Rs.1000000/-.
Can Purchse tax payable on rs.200000/- in Ay 2014-15???
abhay talati
18 October 2013 at 16:18
Dear Sir
We are boradcaster situated in India(A)
WE SEND PROGRAMMING CONTENT TO COMPANY (B)AT UK
Company (B) CONVERTS PROGRAMMING IN TO ELCTRONIC FORM AND SENDS TO COMPANY (C) IN MAURITIUS
COMPANY (C) SENDS SIGNALS TO INDIAN SATELLITTE
COMPANY (A) CAPTURES SIGNAL FROM INDIAN SATELLITTEE
Query is serivce tax payable on servcies provided by COMPANY B
if yes effective date and under which head and related notifications prior to negativel ist resign and now
avneesh
17 October 2013 at 19:27
a firm is receiving the two services and is liable to make payment under partial reverse charges-
1- works contract service- S.tax Rs.30000 in month of may 2013
2- manpower service- S.tax Rs.40000 in month of may 2013
Problem- said firm has deposited the all service tax on the works contract head amount rs 70000
now what are remedy for above problem ?
1- Can firm take refund of excess amount of rs 40000 from works contract after depositing s.t. in manpower, what is refund process ?
2- can firm adjust such payment in future months what process ?
3- can firm set off the s.t payment of june 2013 what process ?
avneesh.bibhu@gmail.com
avneesh
17 October 2013 at 19:22
a firm is receiving the two services and is liable to make payment under partial reverse charges-
1- works contract service- S.tax Rs.30000 in month of may 2013
2- manpower service- S.tax Rs.40000 in month of may 2013
Problem- said firm has deposited the all service tax on the works contract head amount rs 70000
now what are remedy for above problem ?
1- Can firm take refund of excess amount of rs 40000 from works contract after depositing s.t. in manpower, what is refund process ?
2- can firm adjust such payment in future months what process ?
3- can firm set off the s.t payment of june 2013 what process ?
avneesh.bibhu@gmail.com
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Confirmation on vat on flat booking
hi,
i have bokked flat in Jun,2010 at Maharashtra and paid relvent stamp dute and got it registered last yer in 2012 builder has collected 1% additional amount as VAT .. recently i came to know that paying a VAT is not purchaser liability can you please confirm? how can i demand refund of the same