karun
03 March 2010 at 09:57
An AOP was formed on 01.04.2005 by virtue of a un terminatable lease deed for 25 years . It contained two
individuals father and son, Father died.
The lease deed contain a clause that it cannot be terminated by any means.
It means that now surviving son will be the leassor.
But son wants to continue the AOP taking his son in place of his father
My question are :
What will be the Fate of that AOP do we have to surrender the PAN No. alloted previously and apply the new Pan No.
or there will be only rectification of PAN
Chintan
02 March 2010 at 14:31
hi,
I am Indian citizen and my wife is Kenyan Citizen. We are staying in India. All my In-laws stays in Kenya. I want to know if my wife or any of my in-laws transfer some funds to my account or my wife account in India, then is it taxable. if yes, is there any exemption limit. Will it be added to my or her income during the year.
kindly advice
Chintan
01 March 2010 at 20:04
My grand father had acquired agriculture land before 1970 and is been transferred, inherited, to may father in 1975 and from him it was transferred on my name in 1995. Earlier this land was not fall within municipality limit, but now it have covered under the limit.I want to know whether or not the capital gain tax is applicable? if yes what is the rate?
if i will purchase agriculture land from the sales proceedings then what would be the tax liability.
Kindly let me know if any other tax implications on such transactions?
thank you
prasad
26 February 2010 at 19:52
If I was liable to deduct tax on rent paid since 1st July,2009 but I have not done so. Now if I deduct the tax deductible since July and submit it to the govnt alongwith the interest, am I required to file the returns for the July-Sept quarter and Oct- Dec quarter? Pls advise me.
Or should I make three different payments for the 3 quarters and also submit the quarterly returns and also three diff form 16A to the payee?
Anonymous
25 February 2010 at 20:45
we have deposited few ESI and PF payments after the due under the PF act. employor share is allowed u/s 43B
what about the employee share even deposited before due date of return
Bharat Gala
25 February 2010 at 11:28
Dear Sir,
1) Can company avail the benefits of the cenvat on the courier charges paid by the comapny?
2) Can company avail the benefits of the cenvat on the service charged by the travel agent on booking of Air Tickets of Directors travelling for business ??
Pls. Advice
Thanks.
Anonymous
25 February 2010 at 05:25
I have heard that, if you sell a property like house, land etc.. and purchase another property like house, land etc.. with the sold amount, within 1 year. There is no need to pay income tax. Do we have this rule, if so please mention.
Thanks in advance.
PARVEZ RAFIQUE SHEKHANI
24 February 2010 at 22:07
1)what are the documents required and procedure to be followed for first time application for statutary forms under CST?
2)Bank gaurantee or any such security is required or not?
Nagendra
24 February 2010 at 20:24
I want to give an Evidence Affidavit to the legal representatives of Lesotho Revenue Authorities., in regards to the fraudalant tax practices and tax evasion of a business group in the country Kingdom of Lesotho, where I was working few years ago. The representatives are going to visit me shortly and they are in need of my Evidence Affidavit. As much as I want to give them the Affidavit, I do not know the procedure. Hence requesting you to please advise me.
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Home loan - taxation - Legal Documents
I am taking house Improvement loan, where in the property is in the name of my Father(who has no other income and dependent of mine). Me and My Father are the co-borrowers. The entire EMI is deducted from my Salary.
In this case can I claim Income Tax Exemption. If not, is there a way out. But my question is immediately after taking the loan, if my father transfer the property to my name as gift. am i eligible for claiming the tax exemption solely.