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Jimit Sukhadia   24 February 2014 at 17:47

Eligibility of depc licence sales against form c in gujarat

Dear Sir,

Is there any case study which proves eligibility to sale DEPB Licence sale against Form C in Gujarat. The Accessing authority is in viwe that DEPB Licence cant be sold against form C..

Thanks,

Jimit Sukhadia

Sujit Kumar Ray   24 February 2014 at 16:49

Rebate u/s 87a and tds

One of employee has not provided PAN Number. Hence we have to deduct TDS on his Salary at higher rate as applicable.

My question is to calculate TDS on his Salary, he will get benefit u/s 87A or not? His income from Salary is less than Rs.5,00,000.

Sabyasachi Acharjya   24 February 2014 at 14:02

Int. on house building loan u/s-24(b)

I & my wife have availed House building loan jointly for one house since the property is documented jointly. Int on HBL is Rs. 2,00,000/- for FY-13-14. My wife is a house wife & she is not having any source of income.I have been paying the EMI out of my salary income & filing IT return . Shall I avail 1,50,000 deduction U/S-24(b)or Shall I avail only 1,00,000/- since the loan is joint account.

Gorthi   24 February 2014 at 11:47

K vat _vat rates on urd purchases

Dear All,

Please confirm what is the latest VAT Rates on URD purchases of Cement, Jelly etc of Construction material under Karnataka VAT act.

Is there any difference in VAT rates under composition scheme if purchases made from URD /RD

Gorthi   24 February 2014 at 10:37

K vat- reply to notice u/s 75 of k vat 2003

Dear All,

Can anyone one provide me the format to give the reply u/s 75 for K Vat 2003.

To have the background Commercial officer has visited our Construction registered office where no one is preset. Office issued show cause notice for penalty 10k and gone .
Now would like to know is it mandatory to pay 10k, how do i reply for notice, and can reduce amt to lower levels.

Earliest reply could be appreciated.



YAGNESH HASMUKH DAVE   22 February 2014 at 13:57

Taxation

PARTNERSHIP FORMED BY TWO PARTNERSHIP CONCERN ALONGWITH PVT LTD BEING JOINT VENTURE AGREEMENT. WHETHER INTEREST ON CAPITAL A/C INVESTMENT OF THE SAID PARTNERS ARE ALLOWED OR NOT FOR AY 2011/12

Raja Singh   22 February 2014 at 12:02

Vat

Can Anyone has the sample of filled WBVAT RETURN FORM 14, 15?

PLEASE HELP ME SOON..... :)

perwinder   21 February 2014 at 23:05

tax on sold house income

hi
I just sold my old house in 20 lacs and the buyer made the registry on 17.4 lacs rupees.
so out of 20 lacs 7.5 lacs I have given to my uncle in cash and rest 12.5 lacs buyer cheque to my icici saving account. .. in the deed buyer mentioned the cheque no. and amount 12 lacs and 50 deposited cash to my account.
mt question is do I have to pay any tax.
thanks

sudhindra   21 February 2014 at 22:27

Karnataka vat act

Dear experts:
Please explain section 35 and rule 38 of karnataka vat act and related case laws
yours truely

Gorthi   21 February 2014 at 16:07

Karnataka vat- rates on sand and jelly

Dear Experts,

Please confirm what is the vat rates on the Sand, Jelly, Cement from Unregistered dealers and Inter state sales . We are construction base company from Bangalore and purchases made from MP< AP and Maharashtra

Regards