rajsinghkadyan
17 September 2014 at 18:40
rate of tax on empty lpg gas cylinder in Haryana
My son has purchased a Flat for Rs.25 Lacs in an under construction property at Patna in Sep 2012. The property is in the final stage of completion. The 1st sale agreement has been registered after paying stamp duty & registration fee as applicable.
Can someone help me,how much VAT and Service Tax is applicable at present and how it has been calculated.
The builder is telephonically asking Rs. 1.25 Lacs including 20,000 as interest for delay in service tax payment which he has not paid. He is not willing to give anything in writing.
Please let me know whether interest for non payment of service tax by the builder is applicable to me. Till date there is no demand in writing for this. However he has sent several reminder for final 20% payment applicable on completion of the construction.
Your advise is solicited.
Dear Sir
we need your little consultancy in Vat matter
we are Haryana registered party and we do our total sale on F form to our consignee which is situated in Delhi. In Fy-2011-12 we have done around 15 crore sale to our consignee on F from for which we received total amount F from but in same yr we received around 12 crore as a sale return so in our balance sheet only 3 crore is shown as a sale turnover.
But according to our sale tax consultant F form that he needs for assessment is only 3 crore . But total sale was done on F from is for 15 crore. our consignee issue his F from on quarterly bases
I just want to know is that right to do the assessment on balance sheet turnover. But sir according to my knowledge Total F from is needed to do the assessment with sale return
Sir Plz help as we are in deep trouble as demand letter is issued by department
waiting for your reply
hdshardik
14 September 2014 at 14:49
when firm is making loss in last two years , is it necessary to provide the interest on capital on partners capital account ? firm is ready to amend the partnership deed? pl give the insight on it.
hdshardik
14 September 2014 at 14:47
when firm is making loss in last two years , is it necessary to provide the interest on capital on partners capital account ? firm is ready to amend the partnership deed? pl give the insight on it.
Vishwanath
12 September 2014 at 12:34
Hello everyone,
Can someone please provide me with the Karnatake High Court judgement on 24-06-2009 in the case of "L & T Case equipment Pvt Ltd vs The State of Karnataka" regarding abolition of entry Tax
Regards,
Vishwanath
renu gupta
11 September 2014 at 21:43
If there is recovery of excess salary paid(over a period of ten years) due to wrong fixation of pay, on which the employee has already paid tax (via TDS).How can this tax be adjusted/refunded to the the employee upon recovery of such income.
Ramesh Rathi
11 September 2014 at 19:32
In our case Income Tax Officer has created high pitch I.T. demand for A.Y. 2009-10 by addition of purchase amount as purchases are made from hawala / suspicious dealers. Our case is in appeal before Commissioner of Income Tax & we have already submitted all documents such as stock register, bank statement & other documents to prove movement of goods & payment by A/c payee cheque. The Commissioner of Income Tax called for Remand report from Assessing Officer & submit the report to CIT(A) within 3weeks. The assessing officer has passed more than 3 months in sending his remand report without request for extension of time from CIT (A).During the pendancy of remand report Can Assessing Officer ask us in writing to pay total I.T. demand along with interest u/s 220(2) of I.T. Act & treating us defaulter in payment of I.T. dues & attack our bank Account for recovery proceeding u/s 226(3)..????
Meanwhile we have made application of stay of I.T. dues to CIT(A) which is pending.
Please recommend over above case.
During 2008-09 we purchased automobile spares from Maharashtra to Karnataka. Invoice was raised charging cst @ 3% without mentioning against form-C. We didnt submit the C-form to the supplier. Now we have to face cst audit. Now my question is, Whether tax authorities can claim extra tax from us since c.form is not issued. I dont know the suppliers position whether he had paid extra tax or not.
Service tax and vat
I had Booked an under construction flat in Panaji, Goa. the work started in aprl 2010 and is still underconst. in my agreement there is no mention of ST or VAT and the flat was booked @ 38000/- per sq mts all inclusive ( except stamp duty) .i have paid 26 lacs already and only 5% is left as balance- on possession. My builder is demanding 80000+/- as ST and 24000+/- as VAT
Some lawyers say i have to pay whereas some on second opinion say i don't have to.
Please, Kindly guide me.
Thankful to You
Regards
Ravi