ashok thakker
25 April 2013 at 11:29
Sir,
Mine is a pvt. Ltd, company,since last two FY we have not made any payments which calls for TDS deduction,we have TAN no. somebody suggested in this case we need not file NIL returns every qtr. pl advise....
regards,
ashok thakker
Roshan Kumar
24 April 2013 at 20:43
tax implication and accounting treatment if we give our vehicle to other and only rent is charged on them?
YATIN
24 April 2013 at 12:16
Sir
I am filing income tax returns regularly. My source of income is nominal rent income, bank interest income, bond interest income, equity stock capital gain income. There is no business income. I had taken car loan from State Bank of India for car purchased in my name. In EMI statement from bank there is clear bifurcation of loan repayment and interest element. Car is for my personal use.
1) Can I claim interest paid to bank as deduction from my income from other sources viz. interest income from securities? In my opinion interest paid to bank is interest on loan taken which can be claimed as expense against interest income from securities.
venish ladva
24 April 2013 at 10:44
at what rate penal interest is charged ??
it is fixed for whole year or changing??
why bank charge penal interest on CC limit????
how to calculate penal interest on cc?
Roshan Kumar
24 April 2013 at 09:49
Our comapany transporting coal & ash?
then my question is whether my company is liable for service tax?
Biplab Swain
24 April 2013 at 09:12
I wanted to open a PPF account favouring my Minor Son and wanted to contributions to be out of HUF.
The bank refused the same, citing that they dont have any clear guidlines regarding the same.
Please advise if same is possible under current income tax provisions.
Any citation, will help the bank decide.
Dear Experts
That a contractual Computer Operator working with a government organization (Tuberculosis Eradication Program GOI Health Ministry)and contract is renewable for yearly basis. That a monthly remuneration of Rs. 12000 has been made out in favor of him but after deduction of Income Tax (TDS) under section 194J,
does he is covered under this section.
if no than where he should have to go for rectification of this mistake before High Court or any tribunal etc.
Mukesh Khandelwal
23 April 2013 at 17:27
One of my client have registration under the taxable service “business Auxiliary Service” have provide promotion & marketing of telecom service. M/s Vodafone Essar Digilink Limited (Vodafone) for providing promotion & marketing of telecom services and customer care service during the period from October 2007 to March 2011 paid a commission of Rs. 97596/ -. My client has not collect and paid any service tax in view of the benefit of threshold exemption as per service tax act.
Service tax department issue some notices and at least due to non submission of any reply, the show cause notice that the service provided has been acting on behalf of M/s Vodafone Essar Digilink Limited (Vodafone) for providing promotion & marketing of telecom service and customer care services under the brand name of M/s Vodafone Essar Digilink Limited (Vodafone) and the service provider are having the relationship of principle to agent, therefore, as per proviso to notification No. 6/2005 ST dated 01.03.2005 as amended, the benefit of the threshold exemption provided under the said notification does not appear to be admissible to them.
The assistant commissioner called upon to show cause and explain within 30 days ……… to why :-
Service tax
Penalty u/s 76, 77 and 78 should not be imposed.
I want to clear be my client cover brand name service category. My client had a retail outlet and get commission and Incentive from Vodafone.
Please guide me,
With Regards
Mukesh Khandelwal
9829242065, 9414742055
AJOY KR. MUKHERJEE
23 April 2013 at 12:43
WE RECEIVED THE DECLARATION IN FORM H USED FOR TO EXPORT BY THE INTERSTATE DEALER TO OTHER COUNTRY MENTIONING THE FOREIGN BUYER ORDER / AGREEMENT NO. AND DATE, PURCHASE ORDER NO. & DATE, DESCRIPTION OF MATERIALS ETC. NOW THE ADDL. COMM/COMTAX/WB WANT THE COPY OF FOREIGN BUYER ORDER OR AGREEMENT. WE TOLD HOW CAN WE PRODUCE THE SAME WHEREAS THE DOCUMENT YOU WANT IS THE SECRET DOCUMENT OF THE DEALER WHO PURCHASE THE MATERIAL FROM US FOR TO MAKE THE EXPORT IF THE PURCHASING DEALER PRODUCE THE SAME TO US THEN WE COME TO KNOW THE RATE, NAME & ADDRESS OF THE FOREIGN BUYER. SO THE PURCHASEING DEALER IS UNABLE TO PRODUCE THE PHYSICAL COPY OF THE FOREIGN BUYER ORDER OR AGREEMENT. IN THIS GROUND THE DECLARATION IN FORM H ARE DISAALOWED. WHETHER IT IS WRITE OR WRONG ? IS THERE IS ANY JUDGEMENT REGARDING THE MATTER. PLEASE HELP US. REPLY GET FROM MY LD. FREIND IS NOT SUFFICIENT PLEASE GIVE ME PROPER REPLY
THANKS
Service tax
there is a contract which includes transportation and loading work, then there is any obligation to charge service on loading part?