jaydeep
26 March 2012 at 19:20
I am doing business in vadodara, gujarat.
somebody says you have to reduce vat credit when you do ogs sale.
I am afraid that vat officer will demand vat from me because i have not reduce vat credit.
Please give some clearity.. is my friend write???
CreateGoodwill
26 March 2012 at 19:07
We have sold Software to a dealer dealer has issued a TDS Certi. to us for Rs.5.50Lacs. this TDS is pertaining to 2010-11
to verifty we usually chk the NSDL site for Credit
we could not see the credit of this Dealer
we checked 2009-10, 2010-11 and 2011-2012 there is no credit
on other hand the dealer issue us TDS certi and inform u can take credit
the TDS Certi is signed by Dealer's account manager
in future any queries comes of non credit of TDS, how to go ahead at that time.
jay
26 March 2012 at 19:00
I am trader in gujarat. I have also TIN no.
Since last 4 month i have not filed vat returns. i came to know that i have to pay 10000 penalty for 2 months for non-filing of vat return. I have huge credit in my vat credit account.
My Querry is Can i use vat credit for the adjustment of penalty of 10000??
Thanks
Gagandeep Kumar
26 March 2012 at 16:01
Hi,
I work in CPSU. I had taken interest free loan of around Rs.1 Lac from my different friends in cash.
What are the Income tax liabilities on me as well as my lending friends.
Also, i had given interest free loan through net banking to my other friend from my own company for a business amounting to Rs. 3 lacs over a period of 3 years. What are the tax liabilities and other legal issues in this case.
Kindly help.
Thanks and regards,
Gagan
Vipin Kumra
26 March 2012 at 14:24
i have hired a contractor for construction of a resort in uttrakhand. as per the agreement WCT will be payable by me.
I wanted to know the due deposit of WCT in such a case.
Thank You
kaidjohar
26 March 2012 at 10:40
R/Experts,
Retailor sales diff cos. mobile recharge coupon,
Income from this activity treated commission income or show in books of a/c as sales and purchase transaction ?
pawan
26 March 2012 at 10:05
My income for 2011-2012 from
1.pension is 1,84,854
2.Mutual Society 26,626
3.Commutation of Pension 6,08,807
4.GLSI 60,182
Total 9,52,469
Interest 1,05,485 from SB & FDR
Sale of Property 10,00,000 purchased in 2001 in 2,75,000
Please tell me which income is non taxable ?
Where to invest to minimise the tax & how much? what is my taxable income?
kaidjohar
26 March 2012 at 08:58
R/Experts,
How Calculate depreciation for IT purpose on purchase of 2 years used secondhand car?
On basis of first owner puchase price less 2 years dep. or purchase price of second owner ?
GREAT ROY
25 March 2012 at 12:28
My case has been assessed u/s 143(3)of A.Y. 2009-10 on 29.12.2011 and TDS allowed Rs. 35200/- in place 45900/-. After verification of 26AS, I found that Rs. 65800/- showing as TDS. Could I apply for rectification u/s 154 claiming TDS Rs.65800/- since the case has been assessed u/s 143(3).
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Service tax & vat
SIR,
I HAD BOOKED UNDER CONSTRUCTION FLAT IN KAMOTHE, NAVI MUMBAI. REGISTRATION HAS BEEN DONE ON 21/6/2010 COSTING 2250600/-RS. I HAVE PAID 266000/- RS. AT THE TIME OF REGISTRATION ,REMAINING AMOUNT OF 1984600/- WAS PAID IN STEPS TILL 11/2/2012
NOW FLAT IS READY FOR POSSESSION. BUILDER IS ASKING FOR 1%VAT(22506/-) & 2.58% SERVCE TAX ON AMOUNT PAID AFTER 1/7/2010(51203/-) PLEASE ADVICE ME. WHAT TO DO IN THIS SITUATION.
THANKING YOU IN ANTICIPATION
M TARIQ