dilipkumar
31 January 2012 at 10:31
RESPECTED EXPERT(S),
I'm Dillu working in a LTD. company,in Jammu. and wants to know that, Are we liable to pay WCT 8.4% to on total billing amount which is charged by a civil contractor in addition (i.e 500000/= + WCT)
Regards.
Ganesh Chowdhury
30 January 2012 at 18:57
Well, IT refunds in the name of my father, who is deceased, for AY 2009-10 and 2011-12 are pending with IT authorities. Now, as asked by the ITO, I submitted an affidavit and an indemnity bond but even after that he didnt processed the refund and now he is asking to bring succession certificate. So, I want to know that when there is no dispute between legal heirs and when we have given our consent in the form of an indemnity bond that the refund can be processed in the name of my mother, is it required to bring a succession certificate to prove that my mother is a legal representative? Please advice.
Anonymous
30 January 2012 at 14:55
As Our application for Penalty proceddings u/S 271 1 (C) dismissed on account absentof ca on Sept 2011 at itat can some one please give the format of restoration of appeal at itat along with ground
RAMEN GHOSH
30 January 2012 at 01:07
ABC Ltd has get a works contract job from Simplex Ltd in Orissa . ABC Ltd is a Sub - Contractor.
Simplex Ltd is a Main Contractor. In month Nov 2011, ABC Ltd has cst purchased of Rs 3564000.00 . Total Works contract Bill Amount Rs 2587000.00 . Simplex Ltd has deducted VAt - TDS @ 4% on Rs 2587000.00 . ABC Ltd has get another labour job from Bhushan Steel Ltd in Orissa. Bhushan Steel has paid to ABC Ltd after Deducting of Vat - Tds @ 4% on Rs 546000.00 .
Please inform me the Vat payable in Nov 2011.
Anonymous
29 January 2012 at 11:51
HOW TO SALE GOODS RECEIVED AS SALES RETUN FROM A NON-EXCISABLE DEALER?WHAT DOCUMENTS HE HAS TO SEND IF HE IS SENDING A PART QTY.?
Anonymous
29 January 2012 at 09:47
Respected Experts,
1) How are the provisions of Section 2(22) (e) applicable?
2) Capital contribution consists of which amount i.e only share capital or does it include Reserves & Surplus also?
3) Applicability of MVAT provisions in case of transfer of capital assets i.e whether considered as "deemed sales"? If YES,rates of tax.
Anonymous
28 January 2012 at 11:31
anybody can please tell whether the proceeds of export of service need to be received in foreign currency itself or a fund transfer from foreign bank of client received in rupees is sufficient to claim exemption?
Anonymous
28 January 2012 at 10:43
dear sir,
i have a query regarding income tax, whether a partner can use own car for the business of firm & claim dep. & other exp. relating to that car.
if answer is an affirmative please ref. any provision/circular/ notice or case law.
thanks
Anonymous
27 January 2012 at 19:33
Dear Experts,
Please solve my issue -
One company is situated at USA and one at China both are group Companies. Indian Company, which is also a group company, will import materials at Mumbai Warehouse from USA as well as China. As per Custom Act, these is a relative party transaction u/s 2(2).
For Valuation purpose - whether in such case registration under SVB (special valuation branch) under Custom Act is required or not?? The registration is compulsory or optional??
Please response at the earliest.
Thanks in advance.
Neha
Sec 88
Is the pension from Jeevan Akshay (LIC) is tax free under sec 88