Madhurjya Bora
18 July 2012 at 15:50
what the basis of professional tax and why this deduction made from our salary income,whether a deductee doesnot come in income tax slab..
Himanshu Binani
18 July 2012 at 14:42
Dear Sir,
I have not submitted the return for the P.Y 2009-10 and TDS has been deducted on the income of that P.Yr. Since the time limit for submission of return U/s 139(4) has crossed , how can i submit the return for that P.Yr & claim TDS refund.
Note: My income is below Taxable limit.
vinaykala
15 July 2012 at 09:18
dear sir,
in reply to my rti app for refund for ay 0809 of rs 15888/- which is shown in the acknowledged copy of the return the ito has stated that no refund is pending.
he has sent a certified copy of their own assessment internal paper that instead there is a demand against me for tax.
i have not recd any ass order.
they admit in writing that they do not have the return in their own records.
but based on the return form, only return form without enclosures which i gave to them on their request and which they admit in writing to the lok ayuukt they have stated that the cap gains tax is at 20% without knowing the type of cap gain it is.
they have assumed, based on my copy of return, without enclosures given to them that cap gain is on porperty where int is 20% but my cap gain was at 10% on equity oriinted debt fund s which are taxed at 10%.
in short without any enclosure of basis they have cooked a demand which was not sent to me.
i feel that instead of responding to this reply by july 15, i must file another rti seeking copy of assesment order sent to me, copy of computation of cap gains, copy of the return enclosure from which they computed the gains and also question them on the internal note they have sent where cooked up demands for interest on delay payment of tax , etc is made.
i seek expert advice on this matter as this is deliberate wilful and dishonest act on their part.
it must not go unpunished.
vinay kala
july 15,12
nitin jain
14 July 2012 at 13:57
Dear Sir/Madum,
If an assesee lost the case in supreme court and supreme court order for the payment of excise duty + penalty + interest to excise department.This amount is more than total worth of the company.
1) In this situation the assesse can go to excise settlement commission or not to save the company?Is there any chance to write off panalty and interest by the settlement commission as the company can only manage to pay the duty?
2)If the first option not possible then what things the excise department can sell to recover the revenue?Only the company property could sell or personal asset of the directors can be sold off?
please reply we are very affraid as no body is guiding us properly.
thanx
wilson desai
13 July 2012 at 13:07
gift received from real brother(via cheque) on birthday is taxable ? & whats the max limit In a financial year?
Subhagata Dey
13 July 2012 at 11:07
When an employer has short deducted tax and the matter came alive in the FORM 16, whether the employee needs to pay interest on the income u/s 234b/234c while paying the self assessment tax after March 31?
Subhagata Dey
12 July 2012 at 10:08
I would like to know if a capital asset is sold in January 2012 whether the estimation of the gains to be included in the calculation of advance tax for September 2011? If not paid whether interest u/s 234B,234C is to be paid uner IT Act 1961
Whether for the capital gains "pay as you earn" concept is accepted.
Sir,
In the new Negative List of Services not to be taxed the first mentioned Service is
1.1. Services by the Government or local authorities: These will include such services like getting a passport, a driving license, paying municipal taxes, car registration fees, police fines and so on. What you pay for such services will not include any service tax.
But of course, there are exceptions. Service tax will still be applicable on:
- Speed or Express Post, and life insurance bought from a post office
- airport services
- government services provided to businesses. (Companies will pay it on the annual filing charges payable to the Registrar of Companies, for instance).
With reference to the above I request you to guide me on:
Whether Service Tax is payable by the Private Company if Soverign Functions of Govt. are Outsourced to the Private Company?
Affidavit
mere filing of an affidavit cannot prove facts of any case.
Please do refer the case...