Rajesh
01 September 2012 at 13:51
Dear Team,
I had purchased a flat in Mumbai and the sale agreement registered is dated 10.10.2010. This was resale ie., During this time the builder was in possession of the maintenance since society was not yet formed hence Bank for granting the loan needed an NOC from builder for mortgaging the flat. For providing the NOC the builder made me to sign an undertaking which mentions that I am aware that the VAT for the said flat is not paid and that if any demand is raised, I shall pay the same. Now the builder has sent me a letter for paying the VAT. I understand that VAT is payable by the initial buyer who purchased the flat from the builder in 2008 and since my sale agreement is dated 10.10.2010 and the same being a resale and completed flat will not attract VAT. My query is whether the builder can obligate me under the pretext of the undertaking signed by me to pay the VAT as an end user. Thank you in advance and your advice /response will be very useful for me to plan my next steps with the builder / original buyer
chaitu.....
01 September 2012 at 12:34
hello Sir, i'm planning to buy santro xing if we go for loan can we have the tax exemption, my father was filing ITR 4 frm the past 4 years because of we are having rent of rs.50k per month as cheque for commercial building, paying rs.21000 p.m for housing loan in sbi and we didn't have any business except some 4 acres of land.
jaydeep
01 September 2012 at 11:15
Hello , I am Jaydeep from Surat, Gujarat. I am doing small business of Embroidery Jobwork.
I passed become and started business of embroidery jobwork in 2011. My purchase of yarn for jobwork is about 5,50,000/- and I have VAT Registration no.
In my business what happen is , My customer send me cloth and I do embroidery work on it and sent it back to respective customer after doing jobwork.
1) But I have one doubt that whether I have to charge vat on my sale bill only because I have purchase yarn of 550000/- which is vatable item.
2)Is vat applicable on embroidery work??
Please reply as early as possible
because I am confused.
d. chandra sekhar
31 August 2012 at 17:31
Sir, My query is whether the raw cashew and cashew is one and the same or not? is there any latest sales tax judgments on this point?
rchindiri
31 August 2012 at 09:40
Sir,
I am working for a public sector undertaking (PSU)my query is that ITO (TDS)is threatening us for attaching our corporation without any strong reason.
PSU (BSNL) can be attached by IT Department or not? What is the procedure for attachment.
Thanks & Regards
Rchindiri
Dilip Raut
31 August 2012 at 03:29
Hi,
I Purchased an underconstruction property in july, 2007 and that time the builder has not mentioned me about VAT tax. and now he is asking me to pay the applicable tax on my house.
My Question is..
1. Is the VAT tax is applicable to builder or buyer?
2. If needs to be paid by the buyer then whether i will be getting any government receipt for this?
balaji
31 August 2012 at 02:02
Wheather service tax is applicable on reimbursment of expenses in new circumstances.
Niraj Mistry
30 August 2012 at 21:49
Hello,
I recently start business on my name design & manufacture of product as per customer requirement. I recently design & manufacture advertising billboard as per concept giving by agency. Now agency accountant says me he have to deduct TDS on my payment. I search many website they says "No TDS on job work". Agency did not provide me any raw material, I have to find raw material from market which is suitable to design & manufacture. If TDS is deduct how much percentage it will be. Please guide me for my query.
prithwish sengupta
29 August 2012 at 10:35
Is it compulsory to submit Form 10 E to claim relief u/s 89 (1) for arrear salaty? If Yes, to whom should it be submitted?
Kindly suggest.
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Filing of return
I was suppose to file 27Q for the quarter apr to jun 2012. However I have filed 26Q instead. Does it attract any penalty? How should I make it correct? Do i have to pay any interest in case I file 27Q now?