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AJOY KR. MUKHERJEE   05 June 2013 at 17:51

C form under cst act, 1956

IS THERE IS ANY PROVISION FOR CHARGING INTEREST IF ANY DEALER CAN NOT PRODUCE THE CENTRAL DECLARION OR CERTIFICATE i.e. "C" FORM, "F" FORM, "H" FORM IN THE DEEMED ASSESSMENT STAGE THEN IS THEY LIABLE TO PAY INTEREST FROM THE DATE OF SALE OR FROM THE DATE OF ASSESSMENT OR FROM THE DATE FIXED BY THE SALES TAX AUTHORITY AFTER RAISING A DEEMAND NOTICE ? MY CLIENT SALE THE THE MATERIALS IN THE YEAR 2010-11 WITH THE CONCESSIONAL RATE OF TAX AGAINST FORM "C" UNDER THE CST ACT, 1956. NOW THE AUTHORITY DONE THE DEEMED ASSESSMENT ON 31/05/2013 AND DEMAND TAX ON WHICH "C" FORM NOT PRODUCE WITH INTEREST FROM THE DATE OF SALE. IS IT RIGHT OR WRONG? PLEASE HELP WITH THE CASE LAW OR ANY REPORTED CASE.

THANKS

sowmya   05 June 2013 at 17:18

Capital gains

dear Sir,
A independant house property given for development By MrX and (1). got 5 out of 10 flats built. does it attract capital gain or can we claim exemption under sec 54 under recent case law(CIT VS GITA DUGGAL 2013)and if we can claim exemption the plots which Mr X got after development(2), he gited to his sons without consideration, is anything taxable here that is notional consideration.
Pls answer the query second part is important
Thanks

C.J.Sriram   03 June 2013 at 18:20

Income tax

Has the applicability of 1%TDS on real estate payments above 50 lacs as announced in the Budget 2013-14, as and from 01.06.2013 come into force?

Any notification for this issued? Pl enlighten

Rahul Jain   03 June 2013 at 17:27

Income tax advocate

I Complete Graduation (b.com)from MDSU Ajmer...! What Should I Do For Become Tax Advocate.....!

Rajeev Mishra   03 June 2013 at 13:13

Ll.b education through distance.

i want to do LLB through distance education ................ can u please suggest me some college or universities that provide LLb course through distance learning.......
my b.com is complete.
and he also provide classes in week day.
i am living in Delhi.

Mukesh Khandelwal   01 June 2013 at 19:54

Service tax on sale of sim card and recharge vancouver

May any one, please help me.... i just want to read and understand the judgment of Dayashankar kailash chandra vs. CCE and ST Lakhnaw reported in 30 STR 428. may any body provide me the full judgment copy.

Read more at: http://www.caclubindia.com/experts/modify_message.asp?entry_id=636906

chaitu.....   01 June 2013 at 16:36

Agricultural land to real estate

hi Sir, in 2006 the agricultural land bought for Rs.6 lakhs, and now we turned that land into plots by all converting fees and other legally done now it is Rs.3000 per yard. so in what type i should pay the tax.? plz help

Charudutta R. Mhalgi   31 May 2013 at 11:36

House rent allowance

Respected Sir,

My query is regarding House Rent Allowance-(HRA). If Flat rental charges agreement made between Mrs. and Landlord and there is no income of Mrs. she is house wife.

Whether Husband can claim HRA or not? because
Rent is paid by Husband and not the Mrs.

Kindly advice for the same.

BALRAM K SHUKLA   30 May 2013 at 23:51

Service tax and vat for under construction row house in gujarat

Dear sir I booked a row house duplex in vapi gujarat on 18/05/2012 for total on paper agreement cost of Rs 3310000/ where builder will make registry for land measuring 882 sq.ft Rs 160000/ and for construction agreement for 1985 sq.ft Rs 3150000/.In this way builder is constructing total 48 row houses in that society. Up to 30/06/2012 I paid Rs 326000/ to builder through cheque and up to today I paid him tatal Rs 3310000.
Now sir let me know that how much I have to pay to builder as service tax and VAT. The registry will be in june 2013.
Thanking you sir
Yours faithfully
Bk

Knowledge Gainer   30 May 2013 at 18:05

Service tax on rent

There is a shop in mall owned by 4 different persons jointly. The said shop has been given rent for Rs. 25,00,000/- p.a. on on leave and license basis. The agreement has been entered jointly by Co-owners stating that the each co-owner will receive the amount equivalent to their respective share in the rent directly from licensee. Thus every co-owner will receive Rent of Rs. 6,25,000/- collectively Rs. 25,00,000/-.

The query is that in this case whether service will be applicable or not either jointly or to every co-owner individually?