manish patel
12 December 2013 at 20:07
HELLO SIR,
I HAVE CHANGE TO MY (INCOME TAX)PAN CARD JURISDICTION FROM MUMBAI TO AHMEDABAD. HOW TO CHANGE MY PAN JURISDICTION MUMBAI TO AHMEDABAD? NOW I AM SHIFTED TO AHMEDABAD AND DOING BUSINESS WELL.
KHUMESH
12 December 2013 at 16:34
If person have its own pan no.which was used during his service. Now he enters into business and forms firm in making partnership deed and gets fresh TIN no. of firm and along with PAN NO. OF Firm.
He earns money from service and pays income tax and also earns from business the how he can pay the tax having same pan no. or firm will pay tax , is sufficient for income tax .
Regards,
Sudhir Lohar
12 December 2013 at 13:55
RESPECTED SIR/MADAM, OURS IS PROPRIETORSHIP CONCERN REGISTERED WITH SERVICE TAX. THE FIRM WAS CARRYING OUT JOB WORKS TO A MANUFACTURER REGISTERED WITH CENTRAL EXCISE. HENCE THE JOB WORKS IS EXEMPTED. HOWEVER THE FIRM HAS FAILED TO FILE ST-3 RETURNS FROM 2005-06 TO 2007-08. THE FIRM HAS CLOSED ITS BUSINESS ON 31-3-08. NOW THE SAME HAS ALSO NOT BEEN INTIMATED TO THE DEPT. WHAT ARE THE CONSEQUENCES AND REMEDIES? CAN WE USE THE VCES SCHEME.
KINDLY GUIDE.
YAGNESH HASMUKH DAVE
12 December 2013 at 13:39
A PARTNERSHIP FIRM HAVING BUSINESS OF BUILDERS AND DEVELOPERS ENTERED DEVELOPMENT AGREEMENT OF LAND DURING THE YEAR 1990.NO WORK IS CARRIED OUT ONLY ADVANCE IS PAID.THE SAID LAND IS NOW SOLD TO ANOTHER BUILDER ON 13-03-2013 FOR RS 1,25,00,000/- OUT OF WHICH 25,00,0000/- PAYABLE TO ORIGINAL LANDLORD AND BALANCE RS 10000000/- TO THE PARTNERSHIP FIRM. WHETHER THE AMT OF CONSIDERATION BY PARTNERSHIP WILL TREATED UNDER CAPITAL GAIN WITH COST OF INDEX OR A BUSINESS PROFIT? WHETHER PARTNERSHIP FIRM HAS TO GET THE BOOKS OF A/C AUDIT U/S 44AB AS RS 10000000/- IS RECIEVABLE TOWARDS SALE OF LAND.
anurag baranwal
11 December 2013 at 17:38
sir
my client is consignee agent he goods sold on purchases rate. Income is only commission from company but company no deduct tds on commission. commission meet 5% of sales
which no charges in bill.
our question is :
would be charge commercial tax on commission or no
A P Singh
11 December 2013 at 11:56
Dear Sirs,
Assesse's husband deposited Rs 7 Lac in cash in her savings bank account which was part of the sale consideration of urban land .How will this be treated in the hands of the assesse. Gift ? Transfer? Should this sum be shown in the books / balance sheet of assessee or her husband or both. No document of gift has been executed by the husband at the time of depositing the said cash amt. in the assessee's bank a/c. What are the minimum documentary requirements to be fulfilled.
Also guide as to what is the documentary requirement in case of cash gifts from non relatives eg small amts received in birthday of kids, marriage anniversary or otherwise
Please guide in detail
Thanks in advance
Naga
11 December 2013 at 11:52
my friend given 9 lakh rupees to one person for interest on Pronote .he is not fulfill his promise . can we file Recovery Suit in
Court.
But My friend Till date Not file income tax
If we File case on Court , any problems Faces from Income Tax Department ?
if my any frind of usa/austrlia/newzlnd give me 100000 doller permantly.whats type of tax can be imposed on me under diffrent act or provision ofRBI
yash007
10 December 2013 at 15:45
We 3 brothers and uncles and our few relatives come together for remake of our old house at village by demolishing it. we have decided to remake it in 35 lakhs (appx). now my question is our family appointed me to keep all monies in my bank account..share is 3,00,000/- each. is it safe to keep such money in my account ? do i have to face any taxtion duty or liability or any procedure thereof ?
E1 & e2 form
Dear Sirs
X is the Material Supplier in Pune
(Maharastra)
Y is the Buyer / Dealer in Kerala
Z is Customer / Dealer in Kerala
My Question is:
Is the below transaction "Sale In Transit / E1 Transaction" or not ?.
Y purchases the Goods from X under CST billing and Y prepare an E1 Invoice without adding any tax amount to Z.
X Delivers in the name of Y. Without taking delivery of Goods, Y Endorse the
L.R.in the name of Z. At last Goods taken delivery by Z from transporter & use the goods for their own purpose.As Z is the end user,this transaction completes here.
Pls advise which statutory forms to be issued by X,Y & Z to each other.
Thanks
waiting for your valuable reply
Rajeev.