Anonymous
05 February 2011 at 21:34
am purchasing resale flat from my friend in year 2011 buiding constructed in year 2006 agreement for sale was between friend and builder which was not registered now in year 2011 friend has paid stamp duty on registration ,will i have to again pay stamp duty on resale flat the flat is in rural tahsil at kamptee what is the stamp duty % which i will have to pay and what is the rate of service tax applicable to me if building is constructed in year 2006
j k sinha
09890779114
Anonymous
05 February 2011 at 17:07
DEAR EXPERTS,
I HAVE GOT POSSESSION OF FLAT (COST 20 LACS) IN FY 2009-10 WHICH WAS BOOKED IN FY 2006-07 AND PAYMENTS WAS MADE AS PER THE WORK PROGRESS OF THE BUILDING ACCORDING TO AGREEMENT.BANK LOAN IS ALSO AVAILED .
I have sold 12 YRs OLD FLAT(COST 7 LACS) AT ABOUT Rs. 18 LACS in Sep-10.
As per my belief No Capital Tax will be attracted as the date of possession of new flat is within a year from selling of old flat.
Kindly confirm and also quote case laws.
THANKS & REGARDS
deepak
05 February 2011 at 12:45
hi everybody, please tell me what is the limit for service tax registration.
Anonymous
05 February 2011 at 11:15
We are having only local VAT TIN. Now, we want to sales against form H "within state" whether it is possible or not without Central Act Registration no.????
N.J. MISHRA
05 February 2011 at 09:41
PLEASE MEMBER KINDLY ADVISE ME,
ONE OF OUR EMPLOYEE (EMPLOYED ON CONTRACT BASIS) WAS EMPLOYED ON FOREIGN FLAG SHIP AS A CADET, HE SUFFERED RENAL FAILURE, LAST WEEK HE UNDER WENT KIDNEY TRANSPLANT AT JASLOK HOSPITAL. ALL THE EXPENSES WAS INCURRED BY THE COMPANY. AS PER THE CONTRACT THE COMPENSATION WOULD BE PAID ONLT TO THOSE ILLNESS OR INJURY ARISES OUT OF THE COURSE OF EMPLOYMENT AND ARE WORK RELATED. ACCORDINGLY HE IS NOT ENTITLE FOR ANY COMPENSATION AS THE NATURE OF ILLNESS IS NOT WORK RELATED. NOW THE COMPANY ON HUMANITY GROUND WANTS TO GIVE HIM COMPENSATION TO HIM. THE CADET HAS BEEN DECLARED AS A UNFIT AND PERMANENT DISABLED. MY QUERY IS THAT THE AMOUNT OF COMPENSATION WOULD BE TAX FREE OR LIABLE TO TAX. WHAT WILL BE THE PERCENTAGE OF AMOUNT OF AMOUNT WILL BE PAID AS A TAX. THE COMPANY WOULD DEDUCT THE TAX AMOUNT OR THE CADET WILL LATER PAY THE TAX ONCE THE D.D. HAS BEEN ISSUED TO HIM. WHAT SEC. WOULD BE APPLICABLE IF HE IS ENTITLE TO PAY TAX.
Dear Members,
Whether TDS is compulsory where compensation awarded by Court by way of INTEREST in any decree?
e.g. The Consumer court directed to a development authority to refund the deposited amount alongwith interest @12%. The authority submitted cheque after deduction of TDS. Is it right in the eye of Law? Court verdict is that the interest awarded by way of compensation is not PROFIT>
Shyam Ji Srivastava
Senior Advocate
Anonymous
04 February 2011 at 12:27
We are having only local VAT TIN. Now, we want to sales against form H whether it is possible or not without Central Act Registration no.????
dharmendra
04 February 2011 at 10:41
respected sir
with regards
i am working in society and i want asuggetion about cst
i have taken shuttring (which is used in lanter for construction of building) on rent from other states for long period,they given bill including cst 4% for the period of 1/12/10 to 31/12/10,now once again billing me including cst,
now my question is
shuttring material is crossing the border in starting time(with first bill),now on the time of second bill shuttring is available here,so can i give cst?
thanks & regards
dharmendra
BIBEKANANDA MOHANTI
04 February 2011 at 08:11
Is service tax leviable on rental service,ie:for giving premises on rent for commercial purposes.Are there any decisions on this matter by Tribunals/Courts etc.Is any matter on this issue pending before the Supreme Court.
Service Tax
Is that Service tax applicable on hotel (logging and fooding).
plz guide me
Thanks.