manish patel
05 August 2012 at 12:03
MY FRIEND HAS HIS OWN 4(FOUR) TRUCK. HI MAKES NO TRANSPORT "AGENCY". TRUCK ONLY FOR HIS GIVEN TO RENT IN LOCAL. NOBODY GIVEN TO ANY OTHER TRANSPORT AGENCY. TRUCK HAS HIS OWN AND GIVE WITH RENT FOR BUSINESS OR SOMETIMES GIVE CONTRACT WITH ONLY RENT OR HIRE. MY QUESTION IS THAT IN THIS SITUATION SERVICE TAX HAS BEEN LAVED ON THE RENT. ANY SERVICE TAX CHARGEABLE.
pooja dedhia
05 August 2012 at 10:57
WHO HAS To maintain regular books of accounts Businessmen or professionals as per the income tax?
if a profession earn rs 5 lacs p.a.gross recepit of professional fees and 120000 is the net income after deducting all exp to rendering the professional fees ,is he is liable to maintain regular books of account?
DINESH AGGARWAL
04 August 2012 at 15:52
Dear Sir/Madam,
My query is whether service tax is applicable on collaboration agreements i.e. if we do collaboration with the party with the understanding to provide some units in the upcoming projects.
in the above case, service tax is applicable or not and if applicable at waht stage.
regards,
dinesh aggarwal
munish
04 August 2012 at 12:13
That i am doing trading of paint. That during the year 10-11 some time I have already cash in books like 9 lac and further withdrawals from bank 6 lac closing balance 15 lac and also not utilized total cash for 15 to 20 days. Now my question is that can assessing authority ( ITO ) can create problem for me. Can he disallow interest paid to bank or treat excess cash as investment or create any other problem. Suggest me the right way.
Thanks in advance
SUKHPAL SINGH
04 August 2012 at 12:10
Dear Sir,
My father has given me a amount on sale of plot purchased out of sale of property which in itself was purchased out of sale proceed of ancestral land. Please advise me on tax liability. With thanks.
SUKHPAL SINGH
04 August 2012 at 12:01
Dear Sir,
I am Ex-IAF personnel discharged on 31 Oct 2012 after serving for 21 Years 02 Months 10 Days. Sir on discharge I have received Gratuity, Commutation, Leave Encashment and Final TA claim. Also my Basic Pension is fixed at Rs 10195 and I am getting monthly commuted pension amounting to Rs 11725. Please help me in deciding on which all elements I should take into consideration while filing my I.T. Return. With thanks and regards in advance.
pooja dedhia
04 August 2012 at 09:48
how to audit and what is the audit programme for the royalty paid to Non resident co?
and also amt paid to NR CO for the stall installation at the Zarmni?
what are thye act provision to be fulfilled?
how & what way the DTAA is palying the inmportant role?
pooja dedhia
04 August 2012 at 09:40
A firm wants to the establish & install the SAP Program me.is in their meeting CA is required ?who is going to operate finance in next following year & appointed last 6 months?
Beacause currently their system is operating on tally erp & now they shifting on SAP.
WHAT IS THE Importance if CA HAS attend the meeting as considering its future role in the co?
Rakesh Raval
03 August 2012 at 19:58
If Assessee doing Intraday share trading and made loss. Assessee main business is Practision Doctor. So the Intraday Share trading loss set off against his regular business income.
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Monthly financial assistance received by widow
Haryana Government Service Rules earlier provided for employment of next eligible in case of death of an existing employee. However the practive of providing alternate employment has been dispensed with and a monetary help in the shape of financial assistance is provided to the spouse of such deceased employee which is equal to his/her last salary drawn and it continues till such deceased employee (if alive) would have reached the age of retirement. There-after the spouse gets normal pension/family pension as the case may be.
My querry is whether such assistance is "Profit in liew of Salary" or is taxable under the head "salaries" or is taxable under the head "income from other sources"
some body asked me that it is fully exempt.
Xperts pls share their views.