jadu prasad kalai
15 March 2012 at 17:42
Sir I want to sold my forefathers property in village where less the 1000 population per sq km and 50 km distance form municipality area.
the land is agricultural and non agricultural both i am a service holder so the income selling those property is taxable or not.
Kuldip
15 March 2012 at 12:33
Whats the Process of Penalty for non-submission of Form 'C under up vat,& how we can Calculate the interest & penalty ? please explain with a example
R. K. SARASWAT
13 March 2012 at 21:25
My father was having Fixed Deposits in Bank. He died. After his death the Maturity Amount (Principal + Interest) is being paid to me as per Nomination. Now Bank is deducting TDS on Interest. My quarry is:-
1. Can Bank Deduct TDS on Interest earned and being paid to me?
2. If TDS is deducted than TDS Certificate should be in whose name i.e. my father or me?
3. My Gross Income including from my all sources Plus Interest Income from Father’s Fixed Deposits will be below the Taxable limit. In the circumstances can I submit Form 15G for not deducting TDS on Interest Income? If not then--
4. Can I submit 15G on behalf of my deceased father for non TDS?
Vipin Kumra
13 March 2012 at 11:48
while submitting the WCT challan/return instead of writing the name of the proprietorship, mistakenly the name of the proprietor was written.
What are the implications that follow.
If the same is wrong what can be done to amend the same.
Can any one please provide me the government notification of advocates having less than five years of practice in the State of Maharashtra from the date of Registration with the Bar Council of Maharashtra and goa are exempted from paying professional tax
Can we file a PIL for the same if the same is not provided for by the government asking for slabs of professional tax according to the practice and income.
bhavesh
12 March 2012 at 19:50
Dear Sir Good Evening
Sir I Have Filed A.Y 2011 - 12 I Tax REturn On 30/09/2011 By E Filing Cpc Bangolore . 25/11/2011 Cpc Bangolore Issu A Letter You Have Filed Revised REturn I Have Some Work Then I Have Not File Revised Return Till Today. Today Cpc Bangolore Process My Original Return And Not Calculation Dep Amount In My Return So My Q Is Can I Filed Rectification ? Compolsory Filed Revised Return? Or Both Please Guide Me What Should I Do For This Matter.
jaydeep
12 March 2012 at 14:10
I am a trader at Gujarat. but due to my small business i don't know about vat related matters. so one of my friend said me to charge vat, and i have started to charge vat without any registration and my turnove is 1500000 till date but i have chared vat on all the bills issued after 500000 turnover.
I have applied for vat registration 1 days ago.
1)Whether i have to pay above charged vat?
2)Whether i have to pay any penalty?
3)What other problems that i will face future because of this?
Please reply as early as possible
gopal dutt vyas
12 March 2012 at 08:15
A PROFESSIONAL RECEIVES A CHEQUE FROM HIS CLIENT ON 5 APRIL. THE CHEQUE WAS ISSUED ON 29 MARCH AND TDS WAS DEDUCTED . IN WHICH YEAR THE INCOME WILL BE COUNTED --- THE YEAR IN WHICH TDS WAS DEDUCTED ?OR THE YEAR IN WHICH PROFESSIONAL GOT THE INCOME ?
Pucki
11 March 2012 at 19:00
Certain issues are disputed with Income Tax authorities, which is common wth every year return. Therefore is it wise to pay advance tax at higher rate - assuming issues in favour of IT department? Also if such issues are decided in our favour at ITAT , then in this case should one pay tax according at higher side or at lower (i.e as per income claimed to be assessed in the return)??
Gujarat vat
I am a trader in gray , yarn ,and silk cloth.. I am a trader in Gujarat. My son is 21 year old who has also decided to work in the textile industries… but he want to do business of saree and lengha, kurta..
I told him this field is very competitive and Vat Is also levied . But he argued me that who says vat is levied on lengha kurta…
now I am in little confusion that whether vat is levied or not…
Please help, I want only small amount of time of experts for answer.