Kamal
06 April 2011 at 13:59
Dear Sir,
As per the F A 2011, the service tax is impossed on Legal Services also.
But whether the Service shall be applicable on Legal Consultancy only, because the Tax will be chagred on Apperarance in Court and tribunal.
Please advice.
santosh kumar huded
06 April 2011 at 13:00
whether conference hall whose daily rent is less than Rs 5000/- is exempted from karnataka luxury tax act
SUJIT
06 April 2011 at 12:58
Hello,
My Father-In-Law has sold his Ansestor's property. The property was on his name at the time of deed. He has three daughters. After sale, he has divided the money earned into five and distributed equally among self, spouse and three daughters. My wife (his daughter) has deposited the money in her saving bank account. Now the time has come to pay the tax.
As the deed was done by him, he will be paying the tax against capital gain for the total amount. Please advice, whether my wife has to pay income tax for the money deposited in her account received as her share. How to avoid this double taxation? Please advice.
Regards,
Sujit
preet
05 April 2011 at 10:51
Hello,
In income tax if a person tax liability is more than Rs.5000/-, He is liable to Advance Tax. My quary is if he does not pay advance tax, what is its liability? Plz also mention under which section?
lawyerpreetkaur@gmail.com
P.C. Joshi
05 April 2011 at 09:28
Dear Sir,
A foreign national NRI in India is providing consultancy to an Indian Company in setting up foreign universities in India. During the year 2010-11 he received Rs 30 lacs as cinsultancy charges from this company and the company deducted TDS on the said amount.
Queries:
1. Is there any liability of service tax on the amount earned by him. If yes under which head.
2. No service tax registration has been obtained by the said person and no service tax has been charged or collected. What are the legal imlication of the same.
3. What is the remedy with him to rectify the above defaults.
Thanks & Regards
P.C. Joshi
s.v.goplani
04 April 2011 at 18:01
Dear sir,
what is the last date of payment of TDS deducted on 31.03.2011, and last date to file TDS return for last quarter jan'11 to mar'11.?
thanks.
My one of the individual client wants to close the bank account which is in the name of Business name And whose tax Audit had done during last Asstt. year. Then My Question is that:-
1. is it amount to closure of Business?
2. Is Information of the same is to be given to be given to income tax department ? If yes, then with in how much days from closure of Bank Account.
In respect to above I want to clear that the said person is going to open a Private Limited company to do the same business.
Plz reply soon . I shall be grateful to you.
Anonymous
04 April 2011 at 09:02
As per custom duty ,Upto Rs. 10000/- (the value will be calculated by customs them self, not by the price written on the package) marked as Gift would be free
Is it true?so, if some of friend or uncle can abroad can gift the product to india upto 10 k limit give as a gift without paying custom duty?
Dear Sir,
i have received gift through cheque 5 months ago from brother of my father(uncle), i want to know whether the amount received is exempted and upto which limit. Gift deed has not been yet executed, can it be executed now and is required to be registered and value of stamp paper on which it is to be registered.
Thanks
Rent on Service Tax.
Dear All
We remember that levy of service tax on ‘Rent’ was held ultra vires by Delhi High Court in case of Home Solution Retail India Ltd. Vs. UOI and others (2009) 20 STT 129. Union of India- who was the respondent in said judgment filed a SLP in Supreme Court, praying inter alia for stay of operation of Delhi High Court judgment. However, the Supreme Court did not stay the operation of Delhi High Court judgment, but issued notices to parties concerned to file their replies. During pendency of matter in Supreme Court, Revenue authorities instructed their field officers by way of Instructions dated 15thJuly 2009 to take necessary action to safeguard revenue by either pursuing the tax payer to pay up the service tax or resort to means under law. The Instructions issued on 15 July 2009 were challenged by SSIPL Retail Ltd. in a Writ petition filed before Delhi High Court who has taken strong objection to said Instructions and it was assured by Additional Solicitor General, appearing on behalf of the Union of India, that corrective steps will be taken to issue further instruction, in super session of earlier instructions, to not to demand service tax till such time Supreme Court decides the SLP.
We want one clarification that if it is applicable on the properties situated in other states.
Please resopond.