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Arvind L. Deshmukh   13 March 2013 at 15:55

Income tax order u/s-14391) & subsequentlr notice u/s 221(1)

Dear Sir,

I received Order U/S 143(1) for Income tax for assessment Year 2011-12. The tax demand is for dis allowance of Infrastructure bond of Rs.20000 as savings. I have replied to this order U/S 154& submitted receipt of Infra Bond. But without any comment/ reply to my this application, ITO issued Notice U/S 221(1) stating that IT is due and why penalty u/s 221(1) should not be levied.
Please state what procedure to follow for replying or remedy to this notice.
Thanking you in anticipation.

yours faithfully,
A. L. Deshmukh

Rajneesh Gupta   13 March 2013 at 14:54

Time limit for for issue of show cause notice u/s 144

could anubody plz tell me the time limit within which an AO can issue the show cause notice u/s 144 of the income tax.

Rucha Pawar   13 March 2013 at 13:47

Na tax exemption

Dear sir'(s)
Ours is non-granted school, which is run by a charitable trust registered under BPT Act.
according to section 117 (4)of the MLRCode 1966 , the land which is use for Educational purpose is exempt from payment to NA Tax Assessment , we have got Sanad in the year of 1994, since that time we have not paid NA tax. we received notice from talahti for the payment of tax , and we have filed application under the same section for exemption of tax.
My query is can NA tax be exempt u/Sect.117(4) .
Please guide.
plz sir's guide me on this i received not a single reply plz

Rajiv Kaicker   13 March 2013 at 11:08

Service tax - filing of st 3

A Partnership Firm has Consultancy Income below the exemption limit of Rs. 10 lac.
However,it obtained a Service Tax Registration No.

Is filing of ST 3 mandatory for the above firm?














Rajiv Kaicker   13 March 2013 at 11:00

Rectification of income tax demand


An assessee had efiled his Income Tax Return for AY 2008-09 and a hard copy was submitted to AO,Delhi.

The AO u/s 143(1) intimated a Demand on account of non-credit of TDS as per Form 26AS.However,arectification u/s 154 was carried out by the AO,Delhi and the Order given to the assessee which reflects dropping of the Demand.

The website of CPC,Bangalore is still reflecting the Demand for AY 2008-09.

What needs to be done to remove the status from the website of CPC?















jaydeep   12 March 2013 at 15:52

Vat

I am thinking to expand my business.. and i want to do trading in wheat - Rice - mungdal- tuverdal..

But i don't know about the vat applicable to this goods in gujarat.

Is it vatable item or not??

mohit   11 March 2013 at 19:14

Advertisement tax collected by municpals

what is advertisement tax with regards to municipals council ?

can municipals collect tax from all the shops for placing their hoardings on their own shop in which they are doing business ?

i attached the news printed tribune for state harayana now same thing is happening in punjab.

modi kamal   09 March 2013 at 20:16

Tax on interest recd from saving bank a/cs.

Dear Experts,
For the year ending 31/03/2013,i.e A.Y 2013-14,is there income tax rebate on interest earned on saving bank a/cs upto Rs.10,000 as advertised by YES bank in news papers?

If yes,please tell me U/s No.

Thanks,

Kamal Kumar

Rupesh   09 March 2013 at 16:18

Entry tax in rajasthan

Respected sirs,

I am little confused in following queries so pl. help me to out of this problem:

Can we claim entry tax as input in Ratasthan vat Department?

Is Stone Aggregate, Stone Dust and sand is taxable and is any entry tax in rajasthan on these items?

pl. clear the above query.

pratik   08 March 2013 at 18:37

Direct tax u/s-143(2) & u/s-142(1)

Dear sir,
can ito issued notice u/s 142(1) after issuance of notice u/s 143(2) please answer with related case laws as per income tax act