Kapil Tiwari
30 September 2012 at 13:39
My aunt sold a vacant plot of land and wishes to invest Rs.50 lakhs in LTCG tax saving bonds of REC & NHAI. She received the token amount of Rs. 5 lakhs on 16th May 2012. An "Agreement for Sale" was entered into on 22nd May 2012, wherein it was mentioned that the balance amount of Rs.90 lakhs will be given to my aunt within 31st July,2012. The "Sale Deed" was finally entered into on 25th July 2012 and it was registered with the Sub-Registrar after payment of the necessary stamp duty on the same date, that is, 25th July 2012. The balance amount of money was also received by my aunt around this date. I wish to know what is the actual date of transfer within 6 months of which investment has to be made in 54EC Long Term Capital Gains tax saving bonds to save tax.
Gaurav Kumar Gupta
29 September 2012 at 20:10
dear sir / madam,
you have format of change of partner in partnership deed for and how much stamp paper required for it
so pls ans me and give me format of change of partner
thanks
gaurav kr gupta
ravi
29 September 2012 at 16:04
Dear sir,
Is it compulsory to submit audit reports and assessments in assam vat act for every year otherwise is there any option to submit at a time.
in case they issue demand notice then what is immediate action to reply
d. chandra sekhar
29 September 2012 at 08:22
Sir, please clarify the issue if possible.
My client running a restaurant and lodge. The lodge along with the hotel was purchased in the year 2008. He can utilize the services of consultants, project management and auditors etc., for renovation and repair of the hotel and lodge. At the time of filing of service tax return for the year 2009-2010, he can show the service tax amount charged by the consultants etc., as cenvat credit ( but not utilized against the ST payment) in ST -3 returns. At that time Mandap keeper is only a taxable service.
Now, the audit party of the ST, has raised a query for reimbursement of Cenvat credit along with interest because of improper availment of cenvat credit. Sir, please clarify this issue
giri gattupalli
27 September 2012 at 20:25
respected sir,
declaration of income under sec44ad (under income tax 1961) can provides immunity to a person from liability to produce books and explaining cash deposits in bank accounts ,in the instance of scrutiny
by department.
Member (Account Deleted)
27 September 2012 at 15:27
Respected Seniors and my fellow mates,
I have a query regarding SECTION 76 of the Finance Act, 1994.
What was the amount of penalty payable U/S 76 of the Service Tax act on the A.Y. 2009 – 10 & 2010 – 11. ?
Section 76 of Finance Act, 1994 states that penalty can be charged at a maximum extent of Rs. 200 / day. Again i discovered that it has been amended and substituted by Finance Act 2006 by Rs. 100/ day. Penalty has been raised by the A. Commissioner for the A.Y. 2009-10 , 2010-11 @ 200/day.
Is it correct ???
So, please tell me from a authenticated source the prevailing rates of Sec – 76 of the Finance Act, Service Tax, that governed the A.Y. 2009 – 10 & 2010 – 2011 and what is the correct and applicable rate of penalty U/S 76 for the A.Y.: 2009-10 & 2010-11 ?
THANKS A LOT IN ADVANCE.
GOD BLESS YOU.
avneesh
27 September 2012 at 00:23
i am receiver of service of transports.
i make payment to transporter of rs. 100000
no i will make s.t. payment on only amount 25000 i.e. 3075
please tell my in which colomn of st 3 i fill which amount
please tell me to fill st 3 if i am receiver of service of transports.
avneesh
27 September 2012 at 00:16
there is any difference in formate of s.t. return if file by a service providers or file by service receiver under revers charges.
avneesh
27 September 2012 at 00:06
there is any difference in formate of s.t. return if file by a service providers or file by service receiver under revers charges.
avneesh.bibhu@gmail.com
Works contract tax
Dear Sir,
kindly define WCT, when does it applicable?
who is responsible for paying this tax?