Anonymous
06 January 2011 at 18:10
Dear Sir,
PLs tell me that whether ITC is available on sale of by products under UPVAT Rules.
If yes pls quate the section, rules and case law if any.
Regards
Ashish Gupta
jimi patel
06 January 2011 at 00:16
1>
we have a client who entered with an agreement with contractor to laying pipelines for home connection for gas distribution. In contract they mentioned the particular rate for one connection which incusive of both material and labour.they did not mention seprately labour rate and material rate. i.e 3800 for one connection incuding both labour and material.But contractor raised bill seprately for labour and material. i.e 1900 for labour and 1900 for material. Now i have query that on which amt we have to deduct the tax i.e on 3800 0r 0n 1900 for labor portion only. please reply urgent.
2>
i have a client who has taken certain buildings on rent for 35000 monthly rent. annualy 420000 but he deduct the tds only after payment exceeds 180000 then he deduct tax on whole amt which was not deducted upto 180000 pymt. Is it correct? I think rather he should deducted tds from the first payments onwards ? whether i am correct or not? please reply urgent.
Anonymous
05 January 2011 at 14:00
what is the position of a person who is giving gift to his/ her father according to income tax act.
Anonymous
05 January 2011 at 13:19
Dear Sir,
Can u please help me regarding the following issue :
My Client is a Co who makes payment to another Co in US for advertisement of my client in US.
So while remitting, should i deduct the TDS on the same?
If yes than at what rate?
girish narayan nemade
05 January 2011 at 13:12
Dear sir;
I reside with my relative in ahmedabad and i have a query on if I produce a leese agreement for my concreate address proof even I m not paying any leese to my relative.
or if i specify some amount of leese in the agreement and dont pay it to my relative will he face any problems in income tax or for filing ITR if there is no entry of the amount specified in the agreement.
Please guide me for the above situations should i make a leese agreement or shall i proceed for affiduate in some cases affiduate doesnt work. i on my own intrest want to proceed for an agreement.
waiting for a early reply
regards
girish n nemade
9978927077
Anonymous
04 January 2011 at 19:20
SIR,
GOODS DESPATCHED BY BRANCH IN MARASHTRA IN NOV.2010 AND RECEIVED BY BRANCH IN GUJARAT IN DEC.2010. IN WHICH F FORM THIS TRANSACTION IS REQUIRED TO BE INCORPORATED BY GUJARAT BRANCH FOR THE MONTH OF NOVEMBER OR DECEMBER? PLEASE GIVE PRECEDENT IF ANY
Anonymous
04 January 2011 at 19:11
PL. TELL ME WHAT IS RATE OF TAX ON TARPAULIN, TRUCK TIRPAL, CONVAS TIRPAL UNDER DELHI VAT ACT
Anonymous
04 January 2011 at 12:46
Would request someone to give me the detailed analysis of the above case regarding deduction of TDS on interest payment for foreign L/C payment to be 90 days at sight to Japanese supplier. Would like to know with reference to above case law whether we are supposed to deduct TDS from interest payment to foreign supplier (Japanese) for giving 90 days credit for remittance of LC amount.
Anonymous
04 January 2011 at 12:11
i m mumbai base co. got ordr from mumbai base co. so i purches matterial from gujarat so i order my gujarat party to dispatch matterial to my mumbai base consumer directly and my gujarat base party rase bill to me against c form and charge c s t, i made a sale bill to my mumbai base party against sale in transit against no tax and collect c form is this right sale pl. advice
Are the Govt. servants are liable to Professional Tax?
In Tamilnadu, the professional tax law says, Govt. employees whose income derived from the revenue of the Govt. has to pay the Professionaltax @980/- for every half year. This clearly shows the employees of LIC, BSNL, SAIL, ONGC, etc. But the Commissioner of Thanjavur writes to Sr. Postmaster to deduct professional tax from the employees of Postal Department? Department of Posts in running into loss and the payment is derived from Consolidated Fund of India and not from the revenue, but the authorities are failing to apply their mind and insist on payment of professional tax by the employees of Department of POsts. How far it justifies?