Vaibhav
15 April 2011 at 16:22
Sir,
We did not submit Form I with Form 24(quarter-1,2).
The notice is come u/s 54(1)(22).
In the challan of VAT (UPVAT-I)in which head of account we paid the amount->
1.Central Sales Tax against demand
2.Central Sales Tax Penalty
3.Other Receipts
Vaibhav
15 April 2011 at 13:26
Sir,
we are 100% exporter of Software/IT Service registered in STPI.
In which section this sale will be exempt in Central Sales TAX in Sec. 5(1) or 5(3) in CST
Anonymous
14 April 2011 at 21:19
Sir, father is desiring to retire from business. Son is new proposed propreitor of the same business. What is the procedure under mvat for said ?
Anonymous
14 April 2011 at 15:00
For Financial year my only income is ex-gratia payment. As per IT act, this ex-gratia is like salary. Due to this, can we take rebate under the following sections:
1) Section 10, 2) Section 24 3) Section 80-D 4) Section 80C and Section 80CCF.
Can we deduct the above sections from total income, while computing taxable income for income tax.
Is it correct that the Company has deducted 15% from this ex-gratia payment
Kindly inform as soon as possible
Thanks and Regards
preet
14 April 2011 at 14:06
A person take shop on rent and on leaving his tenancy right he got a amount as pagari or as a compensation to leave the tenancy right. Now my question is whether that income is taxable or not? If yes, whether it is capital receipt or revenue receipt? or under what head it is taxable?
Anonymous
14 April 2011 at 12:47
Sir,
Is it Mandatory to the Employer to issue form-16 for Nill tax deduction.
Sudhir Indapurkar
14 April 2011 at 12:45
One of my clients (pvt ltd company) while making TDS payment have wrongly entered in the Minor Head code as 400 instead of 200.How to rectify the mistake?.Plain letter has been given to TDS officer however no proper guidance from ITO.
preet
13 April 2011 at 17:45
If i make appeal to CIT, Then can Cit make revision under sec 263 in same case??
Saraswathi
13 April 2011 at 14:59
Hi,
I bought an apartment in chennai, an under contruction property. The total value is around 45 Lakhs. I already paid more than 90% of the amount. Last week my builder asked me to pay service tax and property tax. The builder has calculated the tax on whole amount. Is this right? Or shuold we pay only on the amount paid after July 2010?
Please help. We are really worried about the huge amount they have quoted.
URGENT : Software/IT Service exemption in Sec. 5(1) or 5(3) in CST
Sir,
We made software/IT services direct to Export & we are registered in STPI Noida then sale will be exempt in Section 5(1) or 5(3) in CST