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Rupesh   26 July 2011 at 18:50

civil contractor under compostion scheme

Respected experts,

one of my client is a civil contractor under compostion scheme in haryana he charging vat @4% on receipts/workdone.

My query is that if above contractor done the work for forest clearing for starting a site.You know that for forest clearing no material involve only labour involve. Is VAT is applicable for that work done.

Rupesh Arora

vijay dhiman   26 July 2011 at 16:32

haryana vat return form in excel format



Dear Sir,

Pls provide haryana vat return form in excel format.

J B Goel   26 July 2011 at 14:52

TDS CERTIFICATE-PAN NUMBER NOT MENTIONED

Dear Sir,
My daughter is a NRI.She has fixed deposit in a bank, the PAN number was not advised to the bank.The Bank has deducted TDS and has given form 16a,without mentioning PAN number.My daughter wants to file ITR to claim refund of Rs 2439/,26AS does not show TDS deducted.How the tax deducted can be claimed.
With regards
J.B.GOEL

anonym   26 July 2011 at 08:31

false case of cheque bounce

I have been framed in a case of 138NI(cheque boucing).
The complainant claims to have given me a loan of Rs 28 Lakhs in cash(14 in one year and 14 in next yr) against which they say I paid them an interest of 3% per month for one year. They have shown in complaint that the money given was for earning income. In first time they are not showing the source of Rs 14 Lakhs in cash. In second time they claimed to have sold off her jewellery and procure Rs 14 Lakhs and given me.
The period they are talking ins 2006-07

Fact: No transaction of that sort happened. They are not of that level to possess even Rs 2800/- leave aside Rs 28Lakhs in cash. they have not filed any income tax return for last several years.

My Question: How can I use their statement against them. How can I take help from IT dept. What would be penalty/consequences of evading tax on Rs 28 Lakhs for 6 years?
What would be the amount of penalty be?

JITENDRA   25 July 2011 at 22:38

Excess TDS

(A factual example)

For the Qtr 1 F.Y 10-11 , a provision was created on which 10% TDS deducted .For e.g On Rs. 100 provision 10% TDS is deducted ie Rs. 10.The client got Rs. 10 Credit.But the actual payment turn out to be Rs. 80 for which actual tds Turns out to be Rs. 8 .Now the Rs. 100(Income) has been reflected in client's 26 AS statement along with 10Rs TDS.Client is requesting to amend the return/certificate, such that the income is reflected as Rs. 80 as if takes the whole credit of Rs. 10 he will have to show income of Rs. 100 which is not actual income.His income is Rs. 80.Now question whether return/certificate can be changed to reflect in his 26 AS statement income as Rs. 80 and TDS as Rs. 10.The extra 2 Rs. TDS for which client had taken credit will be adjusted in next payment..


The F.Y in which TDS was deducted is F.Y 10-11.Whether it is possible to adopt the above procedure?

Anonymous   25 July 2011 at 20:08

income tax

Sir,

Need help by way any related judgment which discusses that "all credit in bank cannot be treated as income"

A.Sivasubramanian   25 July 2011 at 14:29

income tax

whether the commission received from real estate business is a business or profession as per income tax act?

AMARENDRA SUTAR   25 July 2011 at 14:25

Refund cliam against TDS deducted U/s194B

I have own a lottery against which i received the proceedings after deduction TDS u/s 194B, if agreegate income does not exceed 1.6 lac after including lottery i.e my taxable income for the year is zero.
can i refund claim for the TDS deducted from lottery prize.

Rakesh Raval   25 July 2011 at 09:50

Gift Deed is required in Blood Relation

If Grand father paid Life insurance premium of grand son than Gift deed is reuqired or not ?

Anonymous   25 July 2011 at 07:13

Property Tax Corporation of Chennai

I have been paying property taxes regularly but since 2009, the cheques sent to the the Corporation of Chennai have remained un-cashed. The bill collector refuses to accept payment. I therefore asked for the current Annual Value under RTI and found that the tax I am paying is correct. I have not received any new property tax demand notice or notice of revision under Section 137 B. The Metrowater Chennai will not accept payments unless I show the receipt for property tax for the current half-year. What legal recourse can I take to resolve this problem? I have also placed complaints on the Corporation website to no avail.