GANDHI
25 October 2013 at 11:24
SALES 90 LACS
COMMISSION INCOME 4 LACS
IS SECTION 44AD APPLICABLE?
WILL ASSESSEE HAVE TO DECLARE 8% ON SALES PLUS COMMISSION INCOME OR
CAN ASSESSEE DECLARE SAY 5.5 LAC PROFIT WITHOUT TAX AUDIT U/S 44AB?
Sathish
25 October 2013 at 10:40
Hi,
Whether we can transfer the unavailed cenvat credit from one company to other related companies (Group Company but no share holding). Whether there is any possiblity to claim the unavailed credit from Govt.
Regards
Sathish
chintan
24 October 2013 at 09:28
hi,
i have bokked flat in Jun,2010 at Maharashtra and paid relvent stamp dute and got it registered last yer in 2012 builder has collected 1% additional amount as VAT .. recently i came to know that paying a VAT is not purchaser liability can you please confirm? how can i demand refund of the same
SHAILENDRA
21 October 2013 at 14:26
What is the meaning of "abated Value" in Reverse chgarge mechanisam
SHAILENDRA
21 October 2013 at 11:21
My Friend is subcontractor for Tata Projects Limited. AS per agreement Tata Project Limited supplies him Material Free of Cost.My friend charges Service Tax to TATA Projects Limited. In this case TATA project Limited is deducting WCT TDS on entire Invoice i.e including SErvice Tax & also on Cost of Free issue Material. I want to know whether this WCT TDS deduction is legally correct or not?
N SURYANARAYANA
20 October 2013 at 21:45
The AO intend to make additions for TDS violations vis-a-vis 40(a)(ia) even in cases where estimation of income is resorted to. I think the provisions of section 40(a)(ia) are independent and therefore such action need to be upheld. If this is not the case, the assessees' would say that there are no books of account and therefore estimation can be resorted to, which appear to be a safer zone to evade tax legally. In such a scanario the purpose of TDS provisions are defeated. Hence, the AO has to decide the taxation of income independently and can also make separate additions on account of TDS violations. Please offer your valuable comments.
Member (Account Deleted)
19 October 2013 at 20:32
Someone told me that in USA there is a Inheritance property tax? does it means that after the death of parents, son has to pay 30-40% tax in order to live in his parental property? what if son is a college going student how will he pay 30-40% tax in order live in his parents house?
is it also going to be in india
Ashok Gupta
19 October 2013 at 11:51
Sir,
I want to know that once show cause notice is issued by Income Tax Deptt under 271 AAA then what is the time period within which A.O. has to pass the order.
Regards,
Ashok
kaidjohar
18 October 2013 at 16:32
R/sirs,
What is effective date of Sec.43ca.
01-04-2013 or 01-04-2014 ??
My client purchase land of Rs.800000/- but stamp duty value is Rs.1000000/-.
Can Purchse tax payable on rs.200000/- in Ay 2014-15???
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Section 6 of cst
Dear Sir,
Party A(Gujarat) Sales to party B(Gujarat) and then party B(Gujarat) sales to party C(Hariyana). Now, Party B(Gujarat) instructed to party A(Gujarat) to deliver the goods directly to party C(Hariyana) under "sales in trasit " under section 6 of CST Act.
Now, my question is whether "A" will charge CST or "B" will charge.....?
Again my question is who will issue form C to whom...?