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Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

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radha raman karmakar   23 October 2012 at 13:37

Fiscal policy

Respected court officers,

whereabouts of 'FISCAL POLICY'applicable in India and how it is impact on Indian Income tax, is there any adverse committee to advise to CBDT. PLEASE focus on such topics.

Thanking you

RADHARAMAN KARMAKAR( Advocate )

Chintan   23 October 2012 at 09:31

Reverse charge

Dear all,

I am new to service tax. I am working with an University. Kindly help me whether the RCM is applicable to us or not. if yes kindly help me with the procedure to comply with statutory requirement as per law.

Thanks

Chintan

chetan   22 October 2012 at 11:04

Mvat cal

what is mvat calculation?
czn zny body guide on this

Rohit   21 October 2012 at 17:21

Capital gain and gifting

My grandmother has two properties. She wants to sell both of them.
By selling first property she wants to put the capital in the bank and from the capital gain she will invest in infrastructure bonds.

By selling the second property she wants to gift all the money to me.
Does she has to pay capital gain tax before gifting it to me? Can it be possible that she will gift all the money and I will pay the capital gain tax?

SRY   21 October 2012 at 16:21

Property tax (pune)

I have bought a completed apartment from a builder in Pune.The agreement was registered in September'12. The loan is in pipeline and possession letter not received yet.
He has asked me to pay due property tax. I am not sure if I should be paying the property Tax yet because I do not have the possession of the apartment yet. Is it the builder duty or mine?
Could anyone clarify as per law?

Pramod Harkisondas Divecha   20 October 2012 at 16:46

Mvat on flat bought in dec. 2007.

Hello,

Can any one please tell me how VAT liability for the Flat Purchser is worked out/calculated/computed? Form the information I have collected from the bulder MVAT liability for the building as a whole appears to be Rs. 12.00 lakhs. But a stiff and huge demand going beyond Rs. 1.20 lacs has been raised on me. Please let me know the formula/methods of calculation so that I can take appropriate decision.

Thanks,

PHD.

pravin   20 October 2012 at 16:22

How much service tax i paid the on under construction purchased flats in pune

Dear Sir, i had purchased flat in pune and sign the agreement on Aug 2011 that time i had submit the service tax chq. on basic amount as per 2.575%. Builder told that if service tax applicable then we deposit the chq. but now builder ask to pay service tax with 3.09% on basic amount.
So please help me, How much % i need to pay?

BHOOP SINGH   19 October 2012 at 16:45

Machinery purchase for lease purpose

Dear Experts

We purchased a machine and lease out for one year or may be more to our customer on rent. But I am confusing to decide whether it is our Fixed Assets or Inventory Item. Because when lease period overed we will try to sell the items to some other customer.

Could you clarify me on the matter.

Thanks
Bhoop Singh

vishnukumar gandhee   19 October 2012 at 10:15

80 g undre it act exemption for chrity trust

i want certificate from income tax what is procedure for filing application for that

Manoj Kumar Jain   18 October 2012 at 13:05

Service tax- on canteen cont.

I am working in a Ltd. Co. process the canteen cont. bill please advice me in which amt of stax on canteen bill.

what % in service provider & Service recipation. all fooding material purchase
py Canteen Contactor.