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CA Ankita Khatri   06 August 2015 at 02:18

Upvat

my question is there are 3 seperate entities i.e. entity A, B,C. Now entity A is Nokia Co.situated in gurgaon haryana it has a dealer in up which has its franchisee and opened a showroom of nokia and nokia has a policy that every showroom should have same furniture it maintain its standard and there is a fix company M/s C who solds the furniture to nokia but since the delivery is to be done directly to up (Kanpur) hence the company A nokia has asked to dealer B in kanpur to issue its form 38 to the company C dealing in furniture but the purchase is booked by company A and payment has also been made by company A only form 38 is ued by the company B. Please suggest whether it is correct or not and if any reference of caselaws and sections can given please mention to justify the same. its urgent

Muthiah Ramanathan   05 August 2015 at 14:47

Form 26as

I have received FORM 26AS and it shows details of Tax Deducted and deposited at Source by Bank of Baroda.

I do not have any deposits with Bank of Baroda, neither have I had any other transactions with them

Please let me know how to resolve this.

Regards,

Muthiah.R.

Manoj Kumar   04 August 2015 at 14:35

Wife can start income from husband / other fund

My wife has some money in a SB Bank account and a trading account. SB account money mix like from me and relative and cash from other she gets from time to time last 5-10 years.Now she want to buy/sell share on regular for own income. Can I show her income in her PAN account and file Income Tax Return OR or his income will be add in my income. please suggest.

kumarjainn   03 August 2015 at 19:43

Non filing of income tax return

sir
i am a house wife. my income is less than Rs. one lakh per year. i do not file return. before marriage i was an advocate . My saving is in form of fd and shares. i have received a letter from income tax department for not filing income tax return in the year 2012-13. i mentioned in the compliance that my income is not in taxable limit. I received a letter from the income tax department that " you have submitted snap shot of confirmation on submission of compliace request instead of acknowledgement of your compliance in response to our letter dated 10.7.15. therefore you are requested to submit a copy to the office of the undersigend within 7 days of the receipt of this letter
what does this means . i do not file return because my income is not in taxable limit. pl. advice what to do

Tushar M   03 August 2015 at 17:58

Seafarers taxation

We have a foreign flag vessel which is to work in India for two years .The crew onboard will be of mixed nationalities incl Indians .The payroll will be undertaken by foreign owners.In this respect my querries are the following :

i) Since the salary received by crew are in USD and remitted from overseas based ship owners ,If the salary will be taxable e.g TDS/IT etc etc If so at what rate and factors determining same;

ii)If foreign nationals will also have to be taxed if so at what rates;


Kindly advise.

Sincerely,
Tushar M

avneesh   02 August 2015 at 03:01

Service tax.

some individuals and partnership firms are providing following services to uttar pradesh power corporation limited(u.p.p.c.l.).... 1- maintenance of garden 2- re-filling of oils in transformers 3- Maintenance of Electricity power wiring(cable) 4- ready electricity polls 5- ready electricity lines 6- maintenance of electricity wires & polls 7- install transformers in all above cases labour, workers, mechanics are provided by contractors but all type required inputs, materials are provided by department(u.p.p.t.c.l.) Query- now plz tell me that in which category, these above services should be classified ... 1- manpower 2- works contract 3- erection, commissioning etc. e-mail-: avneesh.bibhu@gmail.com plz help me

yagnesh dave   01 August 2015 at 12:18

Taxation

I AM HAVING AGRICULTURE LAND DISTANCE AT 11KMS FROM GRAMPANCHAYAT /MUNCIPALITY OFFICE AND POPULATION IS 10,000/- WHETHER ON SALE OF AGRICULTURE LAND CAPITAL GAIN TAX ATTRACT OR NOT PL REPLY

Rashid chowdhary   01 August 2015 at 02:06

Sec 10 (26 A ) tax exemption fot ST posted at leh ladakh reg

Is Schdule tribe employees from other parts of country are exempted from tax who are posted at leh. ?

VIKAS   31 July 2015 at 18:10

Regarding delay of vat r-2 haryana

Sir,

One of my client got Tin No. in Jan 2014 and filed Vat return in April 2014 NIL(no sale purchase).Due to lack of knowledge regarding ST they had not filed R-2 annual return for 2013-14.

Now, deptt. ask to filed R-2 return, with penalty Rs. 200 per day(orally).Amount becomes very heavy and they asked for the assessment of the same also.

Sir, client has no liability of tax during that year becoz no sale purchase.

Please suggest how to tackle?

Monday need to be appear.

Regards

PARTH   29 July 2015 at 01:03

Can a rectified return u/s 154 be revised u/s 139(4)?

Mr X have filed ITR-1 for AY 14-15 within due date. He has claimed relief u/s 89(1) in the ITR which was not correct. As a reuslt the same was disallowed by CPC in the 143(1) initmation order. Later on, he applied for rectification of return u/s 154 online by correcting the amount of relief u/s 89(1). However the rectification was rejected and the case was transferred to the jurisdictional Assessing Officer. Can Mr X now revise the return instead of applying for rectification u/s 154 to Jusrisdictional A.O. WIll CPC will process the revised return or will CPC reject the return stating that rectification of the original return is still pending with AO?