Pranav Parmar
04 October 2013 at 11:57
Whether the limit of Rs.30000 and 75000 under section 194 C is contractor wise or aggregate of all contractors.
Dear Respectable Experts,
our family have some agricultural lands, due to the need we decided to sale the property.
after selling the agricultural lands
is it income tax is applicable for Agricultural lands sale?
if so , is there any concession for sale of agricultural lands?
kindly provide the info so that we can ask the buyer to afford the taxation amount
Thanks and regards
gopal
Charudutta R. Mhalgi
02 October 2013 at 16:09
Respected Sir,
Sales tax assessment order received without date and same is taken by assessee whether it is valid or not ?
Secondly appeal is made for another matter not for the without date whether that appeal will be valid or not?
Kindly advice for the same.
Ashok Jogalekar
01 October 2013 at 13:06
"Royalty payments or IPR are taxable under VAT / sales tax as deemed sales, so no Service Tax is applicable as per Service Definition, however it also appears under declared services. When the definition of the service excludes such deemed sale transaction, then why temporary transfer for use of IPR not been deleted from declared services? This anomaly/ contradiction existing in Act/Rules is creating confusion and will lead to unnecessary litigation"... This being the case whether Service tax should be paid in case IPR service is received from abroad under reverse charge mechanism.
Aman
01 October 2013 at 03:52
I wish to enquire that whether income can be deemed taxable even if it can not be brought under any of the heads as enumerated in s.14 of the Act? and has there been an apex court judgment on the same point?
Thanks.
AJOY KR. MUKHERJEE
30 September 2013 at 11:47
WE HAVE PREPARE THE AUDIT REPORT IN FORM-88 UNDER SECTION 30E OF THE WEST BENGAL VAT ACT, 2003 BUT AT TIME OF SIGNING OF THIS AUDIT REPORT BY OUR CHARTERED ACCOUNTANT IT WILL SIGN HIS ROUGH COPY WITH FRESH COPY. IN ROUGH COPY THERE IS SOME MISTAKE. WHEN WE SUBMIT THE THE FORM-88 TO THE DEPARTMENT CONCERN WRONGLY SUBMIT THE ROUGH COPY. WE FIND IT AT THE TIME OF ASSESSMENT. AT THE TIME OF HEARING WE SUBMIT THE FRESH COPY TO THE CONCERN OFFICER AND POINT OUT HIM THE MATTER WHICH IS REALTED WITH ITC. THEN HE TOLD OK I WILL SEE. BUT IN HIS ASSESSMENT ORDER HE CONSIDER THE OLD ROUGH COPY WHICH WE SUBMIT WRONGLY EARLIER NOT THE FRESH COPY AND PASSED THE ASST. ORDER. IT IS ALSO INFROM YOU THAT WE SUBMIT OUR VAT RETURN THERE IS NO CHANGE,OUR BOOKS OF ACCOUNTS THERE IS NO CHANGE RELATED ITC. ONLY ADDRESS OF CA IS WRONG AND A LINE UNDER ITC IS OMITTED IN THE OLD ROUGH COPY OF FORM-88.
PLEASE ADVICE ME NOW WHAT IS THE REMEDY.
THANKS
AJOY
Ramanujam AR
30 September 2013 at 00:40
Hello, Greetings! I have booked for purchase of a new flat with a condition that cancellation before UDS registration would attract a penalty of Rs.5K. I have paid couple of cheque payment as advance payment for the flat. S&C agreement and UDS registration is yet to be done. Now due to changes on my personal side, I decided to cancel & gave a cancellation letter to the builder asking him to repay the advance paid after deducting 5K cancellation charge. However, the builder is saying that he paid Service & Sale Tax for my flat & would be deducting the same & repay the balance. When the S&C agreement & UDS registrations were not done, I wonder how Service Tax would become applicable; My queries are:
a) Would the Service Tax be applicable for flat of any value? Total cost for my flat is 28Lakhs
b) How to handle this so that I don't loose my hard earned money with the builder.
Thanks in advance - Ram
Member (Account Deleted)
29 September 2013 at 16:47
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subhash bajpai
29 September 2013 at 10:54
Dear Friends,
Please advise if I have sold an agricultural land not covered u/s 2(14) of Income tax Act, should I disclose the same in my income tax return? and if I show it in my income tax return where should I claim exemption? I file form 3 (ITR3) as my income is from salary and share of partner ship firm.
Service tax registration
I filled up online ST1 and submitted for getting registration. Now I went to the jurisdictional officer to submit the hard copy of ST1 with other supporting documents. But he asked to make some changes in ST1 and bring it after changes. I want to ask How I can make changes now online. Pl guide. whether by way of withdrawl of ST1 or making new registration ID.