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Anonymous   26 October 2010 at 17:42

Job Work

A company does jobwork at the premises of its client by sending workers and receives Jobwork charges.What are the implications of Excise/Service Tax in this regard?

hussain   26 October 2010 at 17:14

Non Deduction of TDS

Sir,
In a case of a company for the A.Y. 2005-06 company as booked Advertisment Expenses approx Rs 1 Core and not deducted T.D.S in this case how can we persent this case so that party can get relif form it.

p k kapoor   25 October 2010 at 15:41

Issue of rectified Form 16 to an employee

Form 16 as required under the rules was issued to all employee on 30-04-2010 for FY 2009-10. However, in October 2010, one employee has pointed out that PAN has been incorrectly mentioned in the FORM 16.

My query is
(i) Can I issue a fresh Form 16 after necessary correction in PAN by mentioning today's date i.e 25-10-100.
(ii)OR should the employee be asked to return the old FORM 16 issued in April 2010 and a rectified FORM 16 may be issued now.

Thanks in Advance!

Bishwajit kumar Shaw   25 October 2010 at 10:26

Direct tax

What's element /source of tax .

Anonymous   25 October 2010 at 00:02

Tax Return Filing?

Hello Experts,

Is it compulsory to file the return for the income earned from day trading in shares? If i earn rs 50000 in intraday,how much tax should i need to pay?

Thanks in advance

Anonymous   24 October 2010 at 01:06

RETURNING TOKEN AMOUNT

WE HAD PLANNED TO SALE OUR ANCESTRAL PROPERTY FEW MONTHS BACK. WE HAD ALSO RECEIVED A TOKEN AMOUNT OF RS.ONE LAKH FROM THE PURCHASER. HOWEVER THERE WAS A DELAY IN ENTERING OUR NAMES IN THE SOCIETIES REGISTER AND THE DEAL WAS CANCELLED. THE TOKEN WAS RECEIVED BY CHEQUE WITH THE ACKNOWLEDGEMENT ON PLANE PAPER WITH REVENUE STAMP. WE HAVE RETURNED THE TOKEN AMOUNT. BUT WE HAVE GIVEN THE CHEQUE TO THE PURCHASER FROM ANOTHER BANK AND NOT FROM THE BANK IN WITH THE TOKEN AMOUNT CHEQUE WAS DEPOSITED. IS IT OK FROM TAXATION POINT OF VIEW?
PLEASE GUIDE US.

Ajit   24 October 2010 at 00:43

TDS refund

Hello my friend is insurance agent. His company deducted TDS on his Commission. How to get it refund? which form is applicable?

Anonymous   23 October 2010 at 15:58

DVAT form 55

Hi,

Can a dealer file for the change in the tax period in the very FIRST year of starting his work?

Is there any last date for it?

Thanks in advance.

Anonymous   22 October 2010 at 20:41

income tax show cause why shouled not be arrested

a survey was conducted by income tax people and a notice was issued but due to non appearance of assessee an a best judgement ordered was passed . and a demand of rs 40 lakhs was raised by assessing officer and ito . after completion of 2 years from passing best judgement now rcovery officer issued show cause notice why assesse can not be arrested . what is remidy available to the assessee. he is not in possition to pay the amount, whether the assessee can preffer an appeal if so under what provision whether the assessee can present pesonally along with the advocate if so is there any posility to arrest the defoulted assessee by the recovery officer with out giving oppurtinity to assesses for filing appeal , under what provision we have file an application to condone 2 years dealy by the commisioner appeal please guide me. please provide me contact number

srinath   22 October 2010 at 13:29

C.S.T. applicability on transfer of goods

hi, we r registered dealer in mumbai and participated in an exhibition in delhi as a casual trader for only one day.what we sold in delhi,calculated d vat amt and paid to the department same day.but while Filing our C.S.T. AND M.Vat return in Mumbai, what would to tax liability in mumbai towards C.S.T PAYMENT.Is"F" would be required to get expmtion from paying C.S.T in mumbai.pls guide me properly as soon as possible.

thanking you