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meenakshi chauhan   18 December 2009 at 00:29

property shown in ITR

My father and his brother purchased one property on agreement to sell, and the GPA was registered in the name of my mother long back in 1985. In 1993 my father and his brother sold that property to my mother by taking the consideration amount. and they executed one agreement to sell in my mothers name in 1993. in 2006 my mother got that property freehold in her name. since then till the property got freehold my father kept on showing the property in his balance sheets. i.e. even after selling his share to my mother, in 1993, he kept on showing the property in his balance sheets, till the property got freehold in my mother's name. after getting the property freehold in my mother's name , my father stopped showing the property in his balance sheets.

what can the income tax department take action against my father, can they put some penalty on my father or mother? or what else they can do against my father or mother.

what is the worse action which can be taken by IT department?

prasad   17 December 2009 at 17:05

Issue regarding proof of address

My client has entered into an agreement to provide services in the brand name of the franchisor.They are conducting the business in the same premises as the franchisor used to conduct.Now, the franchisor has a rental aggreement with the mall authorities & it is to expire after 1 more year.Now, the mall authorities simply refuse to acknowledge my client & they have refused to give NOC for furnishing proof of address.
my client continues to pay the rent,but the receipt is in the name of the Franchisor.In such circumstances how do i furnish proof of address.The light bill & the telephone bill are in the name of Franchisor.Pls guide me.

prasad   17 December 2009 at 16:56

service tax registration

My client is a franchisee of a reputed franchisor & he is providing taxable services in the brand name of the franchisor. Now , while filing the form of registration,what category would he fit in? Form ST-1whether service provider,service receipient,input service distributor, or any provider of taxable service.
Pls guide me.Thanks

SANDEEP BAWEJA   17 December 2009 at 12:32

Luxury Tax

Whether the Luxury Tax is applicable on A Trust in Punjab renting its auditoriums and halls for seminars or exhibitions etc for a period of 3-4 days? If yes, then plz give the applicable rate.

toufik   16 December 2009 at 17:44

REMMITANCE RECEIVED FROM ABROAD

I AM RECEIVED REMMITANCE(MONEY)OF RS.2 LAC FROM MY UNCLE (WHO RESIDE IN USA) BY WESTERN UNION IS IT TAXABLE UNDER IT ACT

s.v.goplani   16 December 2009 at 16:18

Gujarat Vat Act

sir,
In guj-vat officials told that fixed asset is must for traders to get registration certificate. Whether no Fixed assets owner apply for vat registration ? please clarify.

Renu   16 December 2009 at 14:30

carrer opportunity

my question is that the what are the carrer opportunity after doing law in taxation and what atre exams should i give of govenment.

Anonymous   16 December 2009 at 12:00

'BAITHAK FEES' TAKEN BY NAGARPALIKAS IN GUJARAT

Dear Sir,
In Gujarat all nagarpalika takes daily baithak fees from small hawkers vendors lariwalas... They use nagarpalika's space for some hours for their business and pay fees to palika. It's O K.
But in my town palika make a resolution for this baithak fees and takes fees forcefully from the persons who are not liable to pay the fees. For example they take fees from every vehicles enter in our town to deliver goods. They also take fees from very poor trible people who comes to give delievery of fruits or vegetables to their wholsaler. They never use space of palika to sale their goods. In all gujarat no other palika has made any resolution like this. In gujarat there isn't any entry tax or octroi. Than how can a palika make this type of resolution ? and cheat very poor people. What can be done to stop it?

hussain   15 December 2009 at 17:52

Packing Material

Sir
When packing material purchased by the company and the bill is by forcat that is cost of material and printing charges for the example Packing Box Costing Rs 1.00 and in bill its by forcat that material used is Rs 0.80 Paise and printing charges 0.20 paise in this type of bill on which amount TDS should be deducted or on a total amount.please sugges me

hussain   15 December 2009 at 14:37

Packing Material

sir,
When packing material purchased by company and the bill is by forcat that the cost of material and printing charges in this matter on which amount TDS should be deducted.please sugges me.