Niranjan Kumar
28 July 2012 at 17:27
Hi Experts,
Please let me about as given below.
Is haryana vat levy on rewinding motor and in which section it will come?
Niranjan Kumar
kumar
28 July 2012 at 16:09
sir
i purchase a flat in delhi in 93-94. i got possession and after that i paid all due installment with penalty appox 60000 but achul registery of general power of attorney made in 2000-01 of rs 50000. other expeses was 5000 as commision and rs 1000other.
now i have sell this flat in 2011 for registered at 10 lac with 32000 commission.
please help me how to compute capital gain.
reason for late registery is that property was disputed but no legal case on it.
mukesh jain
28 July 2012 at 11:19
Giving cash loan of Rs 2,00,000 to a friend is legal or illegal under income tax act. plz. awnser in detail with income tax section and penalty or imprisonment.
nitin jain
28 July 2012 at 10:57
Notification No. 50/2003-C.E., dated 10th June, 2003. The said paragraph 2 reads as under :
"2. The exemption contained in this notification shall apply only to the following kinds of units, namely :-
(a) new industrial units which have commenced their commercial production on or after the 7th day of January, 2003;
(b) industrial units existing before the 7th day of January, 2003, but which have undertaken substantial expansion by way of increase in installed capacity by not less than twenty five per cent, on or after the 7th day of January, 2003."
In the above notification i want to know that if we are existing unit befor 7 jan 2003 and our production is 10 MT per month.We have some plant and machinery in our store before 7 jan 2003.we also make purchase of some additional plant and machinery from market till 10 jan 2003.and install the same from period 7 jan 2003 to 15 jan 2003.and our commercial production start from 16 jan 2003 which is more than 25 percent as desired in the notification.In this situation we are entitle to take excise exemption benefit or not?plxz reply
thanx
B@75BHAIBABU
27 July 2012 at 07:32
my brother has sold a landthat has been done illegally.in the sale deed he has shown that cost of property is meagre 2000 rupees but actual cost of that property was several times much more than that.thus he has evaded tax to government at the time of sale.my question is 1)how i can collect the approximate market cost of that property at the time of sale since incident has occured 10 years ago.2)what are the sections related to evasion of tax applicable in this case.
TdS on out side Payment
That amount send out side india to a foreign company for exhibition stall booking Charges and stall decoration charges for exhibition out side india whether tds should be deductable if yes which rate or not why in following condition : a) if Foreign company held a branch in india b) if Foreign company not held a branch in india
BHOOP SINGH
25 July 2012 at 16:35
Dear All
We are registered under HVAT 2003 as Trader. I have two queries please help me.
1. We purchased one item from a VAT dealer but due to some reason, the said item can not be sold to any one. so that item we provide to our staff as free of cost.
2. We imported some parts to repair a electronic machine. The said machine of our customer and we have to charge service charge. So we have to charge VAT from our customer or service tax only or both.
And how above both transactions are Treated under VAT R1 and which annexure.
Thanks
Bhoop Singh
a mumbai partnership firm has partcipated in the exhibition and booked stall with world book fair exhibitor for the foreign amt 3.648 EUR,
IS TDS IS REQUIRED TO DEDUCT WHILE MAKING THE PAYMENT TO FOREIGN FRANKFURT EXHIBITOR?
GREAT ROY
25 July 2012 at 14:03
since last 6 months, it is found that One of our Income tax Officer and Inspector are harassing some clients asking money. Otherwise they will take the case in scrutiny
manually.Now I would like to written complain
against them.Please provide me a letter format.
Capital gain
we have recently sold our inherited agricultural land situated in maharashtra for a lesser consideration amount as it was encroached with illegal tenants and trespasser. Me and my mother got the share of my late father. Now be both are planning to buy a flat jointly with the amount receive. however the amount received is not sufficient so I am going for a loan for the additional amount required to purchase the flat.
Please let me know can we both invest in the same property to avoid capital gain tax if applicable?
we have also received a letter / certificate from the talathi in marathi which states that : MARATHI- "SADAR JAMINI HYA MAHANAGAR PALIKA HADDI PASUN SUMARE 8 KM ANTRAVAR AAHET.
Is this wording correct?
Also as per the census avilable on net the population of the said village is aroung 4000 only.
Pls guide me in this matter.
thanks