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tushar   27 August 2013 at 19:29

Nri income from nre deposit

Good day sir/madam,

if my income from Bank NRE FD is more than 3 L,then do i have to pay taxes, am seafarer by profession and complete 185 days outside india.

please guide,

surajp21   24 August 2013 at 16:47

Taxation on sale of flat not in possession

Dear Sir

My query is as follows:

Suppose Mr. A has entered into purchase agreement of Flat with the builder on 10/05/2010. He has made full payment. However as on date he has not received the possession of flat.

He has now sold the flat on 20/08/2013 to Mr. B. Kindly guide me on following points:

1) Whether will Mr. A be considered as rightful owner of the flat though he has not got possession?

2) Whether can Mr. A sell such flat before the possession? legally vaild?

3) If Yes, he can sell, then what will be the treatment of Capital gain?
Whether its Long term since the date of purchase agreement or
it will be treated as Short term adn added to his other income.

Kindly revert.
Thanks
Suraj

Ashish Prajapati   24 August 2013 at 16:05

Agriculture land

Dear sir,
I am going to purchase a agriculture land which is situated in rural area also below 10,000 population

my question is that i have to pay tax or not
if yes, how much taxable
please guide me....

prateek   24 August 2013 at 11:47

Proprieter to parter & parter to proprieter

Dear All Sir

Want to Know the Method of Proprietor to Convert Partner & then Partnership to Proprietor.

For Exp

Mr. A create firm , then Mr. B Come and join as Partner of mr A, now mr. A resign form Partisanship,

So my question is that for above qus. what proses should be follow.

waiting for your reply

pooja dedhia   23 August 2013 at 22:17

Valautiom of land and building

When to judge or understand that retiring partner has earned on relinguishment of rights, title and interest in land? Which clauses are in Retirement Deed that indicates the above meaning?

pooja dedhia   23 August 2013 at 21:51

Valuation of land & building

When P&L A/c credited on A/c of valuation of Land & Building with debiting L&B A/c, is it the income of partnership firm? Under which head it is chargeable if is it to eligible to tax? What is income tax rate? Can against this set off of Business loss is eligible? If not please support with sanction.

My opinion on Above Query
chargable to PGBP U/S 24 (iv)

YASHPAL RAWAT   22 August 2013 at 23:15

Place of selling franchisor goods vis branch of franchise

A PARTNERSHIP FIRM (XYZ) is having office at Place A1 and made a franchise agreement for selling goods of franchisor in their brand name (ABC) and keeping the same name of the office (ABC) at place A2.
Now XYZ need to mention ABC as its branch with address A2 while applying for TAN and VAT.

NOTTAM VENKATASAMY   22 August 2013 at 21:11

Incometax act

I KNOW TAX DEDUCTION PROVISIONS,SUCHAS 80G 8

80D AND ALL THEN HOW MUCH AMOUNT DEDUCTED

UNDER THESE PROVISIONS PER ASSESEE,

ravikumar bagaria   22 August 2013 at 14:43

Composite vat in west bengal

We have a food stall in a club of Kolkata, and have taken a composite VAT number of vat since our anticipated turnover is much less than 50 lakhs...but the club insists that we take the regular vat number since they are charging the members food rates inclusive of vat rates...but are not raising any invoice...what should we do...are we bound to take the regular vat registration?

Guddoo Yadav   22 August 2013 at 13:08

Selling above mrp rate

Dear Sir,

I have purchased a Brothers printer from a Brother's Dealer. I have purchsed this above MRP Price in emergency and also paid VAT on MRP. The MRP Cost of Printer is Rs. 7500 and i have purchased it by 8500+ VAT@12.5% .

Now i want to complaint about this in to the Consumer Forum, Therefore Please Request you to guide me how i can file my complaint in mumbai.

Please also suggest me :

1) can i file my complaints in to consumer court directly without sending notice to Dealer. ?
2) what will be the procedure of filling this complaint and under which act and section. ?

3) Can i also complaint about taking VAT on MRP to the Sales Tax Dept.

Pls. guide me.