Neeraj Kumar Giri
24 May 2014 at 16:22
Dear Experts, kindly advice me.
1. What is the purpose of opening a current account in Bank?
2. What are the formalities or rule for opening a current account?
3. If anybody does not have any trade license and tactfully doing a huge transaction in that particular Bank without appropriate reason, and transferring amount from his bank to other parties, and receiving huge amount in his Bank account from his debtors in this case his transaction is of rupees 80 Lakhs but he showing just rupees 25 Lakhs in his Income tax return in this point is he violated any law or rules of Income Tax?
4. I just want to know that if he unable to prove the genuineness of the transaction, what the Assessing Officer can do in this particular case of huge transtion?
kindly advice me which section of Income Tax he is violating?
thank you.
SANJEEV
23 May 2014 at 11:16
Dear Sir,
my employer has deducted IT form my salary for 06 months and not deposited the same with IT dept.
he has also not issues any Form-16 inspite of several requests and reminders.
kindly advise as to what is the recourse i can avail and what legal provisions exist against such a issue. i also havent got salary for 09 months for which i have initiated a legal notice and corresponding period EPF not deposited.
the above IT is out of salaries paid previous to these 09 months salary nonpayment
regards
Suman Saha
22 May 2014 at 15:40
Dear Sir / Mam,
I am Suman , i was worked at Piramal Healthcare Limited for last 4 yrs and i have shifted my job at Cement company .
Due to some personal requirement i have applied for PF withdrawal and i have received the amount but there is deduction of Rs 18804.
Please advice me how to recover the deduct amount.
Sudhir Lohar
22 May 2014 at 15:30
RESPECTED SIR,
WE HAVE FILED VAT 100 UNDER KARNATAKA VAT FOR MAY'13 WITH WRONG INTER STATE PURCHASE FIGURES.
THE SAME WAS DETECTED NOW.
CAN WE REVISE THE SAME NOW?
KINDLY TELL US THE PROCEDURE.
THANKS
abhay dilip divate
20 May 2014 at 13:07
Respected Sir,
Can IT office gives documents and reports under RTI act, which obtains in search & seizure procedure?
If there is any current case law for detaining to give information please send.
Regards
Dear sir,
If Taxable turnover of assesse has been crossed more than 10 lakhs and assesse are paying service tax under the head CHA Services.
Now Assesse receives Brokrage charges at Rs. 63007 but not paid service tax on it under the head of Buisness Auxilliary service just because of Charges did not cross 10 lakhs.
So can assesse get separate exemption on separate serivces. ????
php
18 May 2014 at 18:22
Hi all, I am Practicing Chartered Accountant & want to study LLB with Special subject Income tax to excel my Profession,Whether Distance Learning from IGNOU will Suffice? or join regular study from Gujarat University? I am also in A dilemma whether appear for CLAT now? or else I should join CS?? Please Guide me...thanks in advance
Vat on freight (maharashtra)
I understand that, in Maharashtra VAT has to be charged on Freight unlike other states.
Can someone confirm the same and give some reference of notification etc.
Thanks,
Sanjay