I want to change a partnership firm into a private ltd. company. While doing so i want to know what are the tax beneficial provisions under Income tax act 1961 for such change?
1.What is KVAT
2.My property dealer says his project incurs KVAT of 12.5% as it is in a Composition Scheme. However, another bulider says it should be 4% only. How can I validate his claim?
3. Is KVAT applicable on factors like following:
Construction Cost of Flat
Cost of Terrace
Reserved Car Parking
Water Charges
Electricity Charges
Piped Cooking Gas Charges
Com. Areas Generator Charge
Thankyou so much for your time in looking into this.
Regards
Uma
i wish to transfer the goods from Head Office to Branch Office within the state.
Which document required for that transaction.
if any format please provide me.
1.Pls let me know about the changes in provisions relating to gifts receivable from relatives and others in the recent Finance Bill 2009?
2. Can we claim higher HRA in ITR 1 than that is shown in Form 16 , if rent paid is really more? what will be the consequences if claimed higher HRA to get refund out of TDS deducted?
I HAVE TAKEN CONSULTATION FROM AN EXPERT TO FULFIL MY OBLIGATION AS LEGAL RETAINER FROM OTHER EXPERT VASTU WHICH HEAD TO CLAIM SUCH EXPENSES SINCE THERE IS NO HEAD
I AM A PROFESSIONL (LEGAL) GETTING FIXED RETAINERSHIP. CAN I CLAIM CONVEYANCE EXPENSES IN P & L ACCOUNT FOR ATTENDING DUTY DAILY TO MY EMPLOYERS OFFICE
I HAVE HIRED A TAXI FOR FOR GOING IN & OUTSIDE MY HOME TOWN WHAT HEAD SHOULD I CLAIM MY TAXI EXPENSES UNDER LOCAL CONVEYANCE OR UNDER TRAVELLING EXPENSES
WHAT HEAD TO SHOW CAR PETROL EXPENSES IN SCHEDULE OF P & l ACCOUNT
SINCE THERE IS NO HEAD OF PETROL EXPENSES FOR CAR IN P & L SCHEDULE CAN WE CLAIM UNDER POWER & FUEL
tax beneficial scheme
I want to change a partnership firm into a private company. I want to know that is there any provision under the Income Tax act or any procedure in the said act for such transfer which is tax beneficial?