Anonymous
24 January 2012 at 11:35
1) Mr A Filled IT Return Manually U/s139 (1) with refund of Rs. 78889 Later He Received Refund 75350/- In Two Parts
2) Mr A Realized Extra TDS of 40000 deducted by his deductor u/s 201(1) (late deposited)
3) Mr A Filled Original e-return with All TDS as per Latest 26AS of relevant AY (CPC Rejected to process His Return & handed over to ITO)
4) Now He want to get refund of his remaining TDS of 40000/
Anonymous
24 January 2012 at 10:00
I have sold a land which was passed on to me by my father after his death. He had purchase the land 24 years ago. It is outside the muncipal limit. Now do I have to pay the capital gain tax on same?
Anonymous
24 January 2012 at 09:50
Respected sir,
I want to know income tax benefits on second home loan.
I am living in Mumbai, presently on rent. I have a property in Delhi which is lying vacant. Presently I am availing HRA exemption + income TAX rebate on the property as 150000/- (Interest) and 100000/- (principal) amount.
I want to purchase ready to move property in Mumbai. But I would still be staying in rented house and will put the new property on rent.
In that case, Kindly confirm :
1. Whether I would be getting HRA exemption as earlier
2. Whether my property at Delhi would be treated as earlier {150000/- (Interest) and 100000/- (principal) amount}
3. Whether my rented-out property at Mumbai would be giving income tax rebate on interest (No limits) as "Annual Value (Rental Income) – 30% as the standard deduction – Interest Payable on home loan = Income from house property"
Thanks in advance.
Anonymous
24 January 2012 at 09:42
We have a Private Limited company based out of Bangalore which we are closing down as two main investros are no more interested in running this business. In the process, we would like to sell our assets (more of computers & IT related assets)which has a decent value. We are not registered with Vat as we don't have any domestic sales as we are doing Medical transcripttion work & few other data entry related job to overseas clients. In the process of selling assets do we need to pay VAT or collect VAT ? By the way assets are sold less than book value.
Anonymous
23 January 2012 at 21:29
Dear Friends,
I want to know if there is any process to downlaod intimation from the IT website. Actually I have not received my intimation through e-mail or by post. Now I want to rectify it, for rectification I want the reference no. and date of intimation.
Kindly guide in the matter.
Thanks
mukesh mehta
23 January 2012 at 19:14
one of my clients whose workshop is located in MIDC Rabale, is engaged in doing job work for vehicles body building. the material i.e. steel plates is send by the company and my client cuts, welds and sends it back. my client charges labour charges. however NMMC has levied Cess duty on the Value of material i.e. value of steel plates. if the cess is charged on the labour charges received it is fesaible for my client to pay the taxes. i wanted to know what are the applicable law for Cess input tax.
VENKATESH HEGDE
23 January 2012 at 17:36
Dear Experts,
we are in the receipt of notice from the District Register and Deputy commissioner of stamps regarding the levy and collection of stamp duty on acknowledgment issued by the Courier companies.The Notice states that According to Art: 1(ii) of the karnataka Stamp Act all the courier Companies is liable to pay stamp duty on acknowledgment issued by the Courier companies . Accordingly they are asking the annual account statement of our Company, failing action shall be taken under section 67(b) of the karnataka Stamp Act. They are also enclosing the copy of Audit enquiry conducted by the Accountant General of India dated 16.02.2009. Under this the Amendment made by the karnataka Stamp Amendment Act 1995 (act no 8 of 1995) Art: 1 amended as Acknowledgment \of a letter article, document, parcel,package or consignment, of any nature or description whatsoever name called given by a person ,Courier Company, firm or body of persons weather incorporated or unincorporated to the sender of such letter, article document, parcel package or consignment. The proper stamp duty prescribed was one rupee for every one hundred rupees or part thereof of the amount charged therefor".
My question is : If we are paying the amount as such , we have to pay Crores of Rs for every year, It will be huge loss to the business.
From the 1995 they are not collected these amount& This year only they are starting to issue the notices to all the courier companies
How can we challenge this notice ? or this Amendment.
Can a consignment Note issued by the courier compant will be treated as an instrument? or its a receipt? Can receipt will be treats as an instruments?
Please advise.
Ravi Mehra
23 January 2012 at 16:37
Dear Sir,
i wish to do a work of supply of manpower to companies.
1. is the pf & esi is beared by me or by company to whom manpower is supplied.
2. how many numer of employees i have to impliment pf.
3. procedure of having service tax No. & under which head is comes uperlisted work.
Thanks & regards
Ravi Mehra
narpat garg
23 January 2012 at 13:42
iam a government servent. my annual income is rs.4 lakhs. i have agriculture land in my home village. i have converted it into non agriculture land and sold it for rs.25 lakhs. so tell me how my tax calculation will be. if there is any way to save some tax then tell me?
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Claim of service tax
As me and my brother book a flat in a joint name in which service tax charged @ 2.575 my question is where shall i get the refund claim or set off