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

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kaidjohar   29 May 2012 at 10:02

Renauvation expenses revenue or capital ?

Hello friends..

Q.Renauvation expenses of Community Hall of Co Op Housing society treated as revenue expenditure or capitalizied in the books Approx. Rs.15 lacs?

PROLAY DUTTA   28 May 2012 at 17:22

Bachelor in law

Dear Sir,
Please tell me the basic qualification to do bachelor in law, please tell me percentage.

I live in kolkata

Thanks and Regards

Parveen Goyal   26 May 2012 at 23:31

Tax refund for damaged goods return

Dear Sir/Madam

I am working as distributor of well known fmcg co. all material is delivered to me through super stockist. all claims for damaged/ expired material, trade load in place of salary paid to saleman etc are settled through super stockist.
In july-11 i returned expired material to super. they settled the claim with co at their own level and did not gave any information for how the claim is settled and credited my account with some amount and oraly informed balance will be credited shortly. but this was not done.
now they are saying that company had deducted amount of sale tax paid by them (which was charged from me in bills) along with the trade load. when i asked them to give this to me in written they refused and said they will only issue credit note for this and you can get refund of tax from department.
Please suggest can i get tax refund or not can co or super stockist deduct amount of sale tax. if no please suggest what action i can take against both (co and super stockist).

subhash bajpai   26 May 2012 at 14:58

Gift by huf

Dear Sir,
I m karta of my HUF. Can I gift 10000 shares to my brother from my HUF ? and whether the same will be exempted u/s 56 of Income tax Act?
Please revert back.
regards,
SUBHASH BAJPAI

ESSKAAYJEE   26 May 2012 at 13:54

Deductions for consultants

I am a retired Govt officer working on a part time consultancy basis with an association.
I work three days a week and I am paid a monthly consultancy fee.A TDS is being deducted.
I have a car and a driver. phone at home with internet.I also buy books at times. These are not reimbursed by the association.
Pl advise me the deduction admissible to me in the income tax.

prashant1314   25 May 2012 at 16:30

Canteen contractor - service tax

Dear Seniors,

We have engaged small canteen contractors

1) Tea Provider 2) Food provider

both the contracotrs are not having service tax numbers. In this case can we avail service from them in absence of Service Tax Number?

Thanks in anticipation.......

sandeep Upadhyay   25 May 2012 at 15:42

New registration code of c.ex and s.tax

Dear experts

There is a news that cebc is in a process to for common tax code for c.excise and s.tax.I want to know that if organisation having more than one mfg. unit in a one state and office having another place(Diffr.state).Can get common regisration for HO for all unit?can get regisration for principle unit?

Request to all experts to share their opinion in this matter.

Thanks
sandip

raheev   25 May 2012 at 13:31

Tax query

good afternoon to all experts
sir can you calculate that what will be my total tax liablity
turn over - 15000000
salary- 500000
depriciation 10000

than sir can calculate my tax liablity for the fy. 2012-2013.if my turn over upto 100 lakh than i will calculate tax @ 8% and u/s 44ad but sir turnover above 100 lakh. so plz help me sir

venkata mohan   25 May 2012 at 11:57

Whether vat & cst registration numbers will be the same..?

whether VAT & CST registration numbers will be the same.or different..?

Thanks in advance..

pooja dedhia   25 May 2012 at 11:32

India singapore treaty

IF A CO CREATED IN THE MAHARASHTRA WANTS TO OPEN THE branch AT FOREIGN COUNTRY

WHAT are the permission is require to obtain to set up the branch at foreign?
WHAT ARE THE SECTION OF COMPANY ACT IS APPLICABLE?
WHAT R THE PROCEDURE IT HAS TO COMPLETE IN INDIA to set up the branch at foreign?
as well as what are the permission are require to obtain from the foreign country?
which are the govt permission are required ?
normally what period are take to complete it?
IS THERE A TREATY BETWEEN SINGAPOR & INDI A GOVERNMENT?

WHAT IS THE NAME OF THE SITE WHERE SUCH AGREEMENT IS AVAILABLE ON THE LINE