Nimish Karwa
18 November 2014 at 09:39
WHEATHER CAPTIVE CONSUMPTION IS TO BE SHOWN IN THE ER 1 RETURN
Ravi Iyer
18 November 2014 at 04:08
The Income Tax department placed a lien on my home in Mumbai back in 1994. Is this lien still in force in 2014 or is it time barred. Thank you for your help.
avneesh
17 November 2014 at 00:24
SERVICE TAX DEPARTMENT ISSUED A NOTICE TO ASSEESEE WITH ASKING FOR SUBMISSION OF B/S AND ITR AND 26AS OF 5 YEARS (BECAUSE DEPTT. RECEIVED INFORMATION FROM PAN OF ASSESSEE THAT THE ASSESSEE IS PROVIDING SERVICES MORE THEN 20 LACES Rs. FROM PAST TWO YEARS)
QUESTION-
1-BUT IN NOTICE ANY SECTION UNDER SERVICE TAX IS NOT MENTION THEN IT WILL BE VALID NOTICE OR NOT
2- DEPTT. HAVE RIGHT TO DEMAND 26AS OF ASSESSEE
avneesh
17 November 2014 at 00:16
WHETHER SERVICE TAX DEPARTMENT HAVE RIGHT TO DEMAND 26AS OF ASSESSEE BY ISSUING A NOTICE
AVNEESH.BIBHU@GMAIL.COM
Khwaish
16 November 2014 at 22:06
This is a real Situation:
A friend (say Mr X)has an ancestral property in West Bengal. Now basically there are only 3 legal heirs to this property(and their children).
This land is sold to a Contractor who will makea complex and hand over 1 flat each to the 3 persons and some cash in periodical intervals.
Now cud u plz help me with tax implications.
Does this flat that will be purchased in return be eligible under Sec 54
is service tax applicable to a law firm?
Neeraj Kumar Giri
16 November 2014 at 00:33
Respected Experts,
Kindly advice me that supply of water to Eastern coalfields limited is taxable services or non-taxable services, because one of my friend is supplying water to eastern coalfields limited and not collecting service tax.
Is there any exemption in water supply in service tax act.
Dipak gupta
15 November 2014 at 15:18
Sir,
I am a dealer of iron and steel code 2041, which is declared goods under CST act,
Does a dealer needs to reverse ITC of 3% for the CST Sales made.
Please clarify.
AMAR KUMAR SAH
14 November 2014 at 17:03
Dear all,
We are Tour operator service provider. when i was raising invoice than got confuse about valuation of service tax. How to charges service tax on tour operator service. charges to client = Air ticket+hotel booking+other service Now problem is that should i charges service tax on whole value of tour service or only hotel booking and other service coz when i got air ticket booking invoice from my vendor they have already charages service tax
so if i charged service charged on whole value then there will be double taxation.
Please help me what should i do?
Thanks
Tax liability on sale of property by nri
My friend, 64 years old, an NRI sold his house on registered document for Rs. 1 crore, one week back only. The buyer paid him the entire amount by RTGS without any deduction for tax purposes. The amount has been deposited in the NRO a/c. His capital gains tax comes to around Rs. 19.50 lakhs after cost indexation deductions.
Is it mandatory to pay the TDS before the sale? If so what is the correction to be done now? When should he pay his tax liability of 19.5 lakhs? Is his total tax to be paid is 20% on capital gains or 21% including the 1% on TDS before registration? Can he pay his tax liability under self assessment at the end of March 2015?. Should he pay Advance Tax now itself?