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
hari krishna
03 January 2011 at 18:50
HELLO SIR,
I AM WORKING IN A PSU AND HAS A TAXABLE INCOME OF AROUND RS.5,00,000/- ,,I ALSO HAVE AN AGRICULTURAL LAND OF 7 ACRES WITH AN INCOME OF AROUND 20,000..IS THIS INCOME IS TAX EXEMPTED OR NOT..?
shanky budhiraja
03 January 2011 at 17:11
Please tell me if a partner who is a Company (public or Pvt) transfer its investments in equity shares to a partnership firm as capital contribution then what would be the tax implication in the hands of partner company and what will be the COA for the partnership firm of such investments in equity shares transfer by its partner as capital contribution
Please quote relevent sections for support of your of answer
Thanks in advance with regards
shanky budhiraja
03 January 2011 at 13:38
Please tell me whether free service provided by a lawyer will attract service tax laibility if yes or no plase give reasons also to support your answer.
further if yes what will be the taxable value and when the payment laibility would arise.
Anonymous
02 January 2011 at 14:56
Can Tax be levied on the unaccounted goods found in the business premises at the time of authorised inspection, since the incidence of tax under APVAT Act is
value addtion on sales.
Anonymous
02 January 2011 at 14:10
Advance waybill is required to be sent to the consignor for purchasing sensitive goods from the state of the selling dealer.While the goods are under transport and found to be under-valued, can VAT be collected on such goods under transport
Anonymous
01 January 2011 at 20:45
i am a businessman and i deals in hardware goods and mainly doing interstate sales from punjab to uttaranchal and we done all our business in 1 number and our bill is also very high in amount but when it crossed on the barriers the sale tax deptt stops it and said the bill is undervalued and ask for settlement and imposed a very heavy penalty what is the benefit to us for paying lot amount of taxes if we again has to pass through these things. what can we do in this matter
please favour me and reply me
manoj kumar saraswat
01 January 2011 at 17:20
sir/madam,
can a person who receives jewelery from his/ her son as gift can convert that into stock in his/ her business? plz tell provisions of Income Tax Act & Rajasthan VAT Act.
SYED MAHABOOB BASHA
01 January 2011 at 14:45
Sirs
A register dealer filing monthly returns regularly paying tax as per the computation of In Put tax credit unfortunately he does not reach the taxable limit of Rs. 10 lacs
assume his turnover for the year2009 is 800000/- Could it possible to forfeit the ITC u/s 41 of TN VAT.If so the small traders
can not bear the loss. Please clarify.
Thanking you
With Regards
S M Basha
© 2025 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Detailed decision in GE India Technology Centre P. Ltd V/s. CIT and Another (2010) 327 ITR 456 (SC)
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.