truth
25 February 2011 at 13:01
HI All,
My cousin is MALLB. She married 8 years ago.She had taken "certificate of practice" before few days of getting married. After marriage , she got involved in daily chores of family life and did not practiced at all.All of sudden yesterday she got a call from her mother that she has received a notice from income tax department. The notice to show cause why a panalty of rs 5/20 rs per day of delay should not be imposed for not taking "enrolment/registration" certificate.
As mentioned, she is housewife and never practiced. She is embarrassed as being qualified , she does not know about what is the provision about enrollment.
What is to be done? what is the option left for her. what reply she should give to notice?
She is going to surrender the practice certificate this week.
jitendra
25 February 2011 at 11:36
I have sold my godown on Oct 2010 for Rs 500000 and it was purchase in the year 2003 for Rs 224870 shall I pay tax if to pay what is the solution for to save taxes
My HRA was reimbursed and a consolidated allowance was granted by the Hon'ble High Court. After 6th pay commission report's pay, 10% of Basic is admissible as HRA then, my question is this that now the HRA is reimbursable or tax was deductable on it ?
IN ANY CASE BANK CANNOT DISCHARGE HIS FIRST RIGHT OVER THE FD BECAUSE HE HAS EXTENDED LOAN AND FD HAS BEEN LIENED. HOWEVER, IF THE IT DEPT. MOVE TO HIGHER COURTS, THE SITUATION MAY FURTHER IMPROVE.IN THAT CASE IT WOULD BE IMPORTANT TO KNOW THE DATE OF INVESTMENT IN FD AND THE TAX DUE FOR THE YEAR OF ASSESSMENT/FINANCIAL YEAR. PLEASE FURNISH THE SAME.
Anonymous
24 February 2011 at 17:09
what is the current service payable in AP
Anonymous
24 February 2011 at 15:01
Can any one tell me what is the MVAT rate of SILICONE SEALENTS in Maharashtra
Regards
Anonymous
24 February 2011 at 13:49
the assessee is providing medical facility services. it collects materisl (stents/ pacemaker) by paying cst on it.it collects vat on material and service tax on material and service element.
please let me know what is the corect treatment???
ramesh
24 February 2011 at 13:47
Respected Sir,
My friend has a factory divided in two sections in one plot. In one part dutiable (narrow woven fabrics) items were manufactured and in other part other excisable items (non woven fabric) were manufactured subject to condition of availment of Cenvat Credit on inputs under Notification No 30/2004-CE dated 09.07.2004 amended. Now availment of Cenvat Credit on inputs in second part has been discontinued and goods thus have become exempted. Total turnover of both products was more than Rs 4 crores during last year 2009-10.Both items are textiles on which SSI Notification No 08/2003-CE dated 01.03.2003 is not applicable. Now my friend wants to manufacture Non woven fabric in the same unit without Excise registration and but manufacture Narrow woven fabric with Excise registration .But excise officers are asking him to work non woven fabrics under Excise registration and however he may not pay Excise duty on the non woven same and also file ER-1 of the same . Are excise officers are right in their contention ?.My question is whether excise registration is compulsory for both dutiable and conditionally exempted goods manufactured in the different parts of the same factory ? Can conditionally exempted goods like non- woven fabric are exempted from registration under Central Excise Rule 9(2) ?
Thanks and regards,
Harish Kumar
Anonymous
24 February 2011 at 13:37
Dear Sirs,
kindly let me know whether Atta is taxable or not under West Bengal VAT Act, if yes please mention the rate.
Regards,
cenvat credit on retail invoices whether allowed or not
sir,we sale & Purchase within country under excise registration. plz tell me about whether cenvat credit is allowed on retail invoices of party having excise registration number.