Ramesh Jhawar
19 May 2012 at 20:48
Would you kindly send the Circular/Notification thru which Sales Tax Clearance Certificate withdrawn in West Bengal Sales Tax Act.
jitendra
19 May 2012 at 15:57
Dear Sir,
We have purchase plot at Hyderabad in the year 2008 agreement in Partner name
And payment made by firm of 38962 Sq Yards costing 7423780/- (incl stamp duty)
I have paid Development charges 450000 in current year Now We have decided to construct 1500 Sq Yards
Now my question is can I Sell the plot to other party If bal sq Yards i.e remain
Can I sell plot
What is the accounting
What is taxation of Partner
Tax computation
Builders are required to pay 1% vat on sale. Whether said vat paid can be collected from the purchaser of the proerty? if yes, then under what provision?
HARIDAS.P.R
19 May 2012 at 12:54
for the assessment year 2005-06 my company filed a return of loss to the extent of 2.80 crores only on 2-11-2006 which should have been on 31-10-2006,because on 31-10-2006 there was a sendoff function and counter of the it office had been closed by 5.00 pm insted of the usual 5.30 pm.And we had no option but to send return by registerd post on 1-11-2006,Assessmsnt officer completed assessmsnt on the basis of the return but refused carry forward of loss to the tune of 2.80.we filed first appeal but appellate commissioner refused our prayer to carry forward loss on the basis of belated return.we filed second appeal before the tribunal which while allowing depriciation th the tune of 44 lacs refused carry forward to the tune of 2.36 crores.Again our prayer befor the high court from tribunal order was dismissed by the high court.noe we have filed SLP befor the supreme court.Noe can we file an application before the central board of direct taxes to condone the delay in filing return and reularise the return so filed in order to enable us to carry forward of loss of 2.36 crores?please advise.
indu
18 May 2012 at 12:25
Dear sir,
Please tell me what should the value of stamp paper for partnership deed in haryana.
Thanks
Dear Sir/ Madam,
Please provide solution on the following:
1 shareholder of a pvt ltd comoany is transferring his shares (by gift) to his brother who also is the shareholder of the same company.
Please tell me what will be the amount of duty to be paid on the Gift Deed or what amount of franking is required to be done on the gift deed????
where is the gift deed required to be registered???
What are the tax liabilities attracted by this kind of transactions???
Awaiting for the reply at the earliest.
Thanks & Regards,
Himani Shah
Rajesh
15 May 2012 at 15:46
Mr. A booked flat in Apr 2010, registered in May 2010 and took possession in June 2010. At the time builder had not indicated or asked payment of 1% VAT on registered value.
Today after 2 years time, builder has sent notice demanding 1% VAT amount alongwith interest which is about 45% of VAT amount. Builder has asked to pay VAT amount alongwith interest by way of cheque favouring the name of builder.
My questions are
1) Whether above property is liable for VAT?
2) Whether builder can ask for VAT amount and interest thereon, without sending any demand notice earlier, particularly when this was not informed during booking.
3) Whether VAT notice should be issued by govt directly in the name of flat owner or in the name of builder?
Thanks in advance.
while purchaing the flat from the builder who is the owner and enter into the regular flat owner ship agreement for sale under provision of maharashtra flat ownership act 1963,from the point of purchaser what points from the point of income tax should take into care while making the payment to the builder?
also from the which section applicable from the point of service tax?
DINESH GARG
13 May 2012 at 19:10
FORM 49 (ROAD PERMIT) BY MISTAKE ONE FORM USE TWO TIME. SOLVE THIS PROBLEM
Regarding form no. 26as created liability on company or not?
Dear Sir,
If any Sub contractor works in any Company & Company issued Form No. 16-A & showing Form No.26As on Income tax site. But Company says that Sub Contractor was not work with them. Whenever company has been issued Form No. 16-A & show Form No. 26As. In that case, As per Form No. 16-A & Form No. 26As, is Company liable/responsible for payment or not?
will company responsible/liable for liability /payment of sub contractor or not?
Please Reply for the same.
I shall be very thankful to you for the same.