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Anonymous   29 November 2011 at 13:17

Penalty u/s 72 of kvat act

Is Karnataka Govt filed any petition on case [2009] 20 STT 314 (KAR.)
HIGH COURT OF KARNATAKA
Philips Electronics India Ltd.
v.
State of Karnataka

Anonymous   28 November 2011 at 13:14

Income tax

One of My client has filed return up to ay 2006-07 then no return filed by him till date.in AY 08-09 he sold one Flat at profit / Loss..... so now he want to file return for AY 10-11 & 11-12 so what to do for sale of flat in AY08-09 for which return is not filed.

SUKHVIR HOUSING AGENCY   27 November 2011 at 21:00

Tds applicable on n.r.i. selling property in india

Hi Tax Experts,
My NRI PURCHASED FLAT IN 2008 IN MUMBAI

1) If he need to Sell the flat will there be any Tax on the Capital Gains. If yes then how much %., because i heard U/S section 195 TDS of 20% is applicable on consideration paid to the seller (In case seller is NRI). The buyer has to deduct TDS from Consideration Value payable to Seller, He will not get any immunity from Income Tax liability

2) Can Seller avoid the Capital Gains by purchasing another flat?

3) What documents required to avoid TDS on selling property.

4) Is is mandatory for Buyer to deduct TDS from Consideration Value

Tax Experts your advice is higly solicited.

Thanks in Advance

visu   27 November 2011 at 20:06

Vat returns

Is VAT returns filed revised..?
Upto how many months it can be revised..!!

This question is about Tamilnadu VAT

Experts pl. advise.

Anonymous   27 November 2011 at 19:37

Urgent reply sir

while filling return for AY 2007-2008 i claimed for refund... bt few months bac on 15-10-2011 received a letter form assistant commissioner that i m obliged to pay tax arrear of rupees 2264.. please help me how to proceed..wht should i do now.

RAJESH CHOUDHARY   27 November 2011 at 18:58

Reply sir

What is the last date for depositing c form?? Eg. What will be the last date for depositing C form for the period FY 2010-2011??

Anonymous   27 November 2011 at 13:06

Professsional tax in maharashtra

Hi I am Doctor by profession and not practicing in india as am working for a Singapore Based company in Dubai(NRI). I have recieved a letter from Income Tax department stating that I have not registered for Professional tax and not paid same.They are asking the reason and pay with penalty chrages.So could you please help in this.

RAJESH CHOUDHARY   27 November 2011 at 09:58

Reply experts

Q.1 when person Manufacture and sold the bagashra items gold plated item and also provide Labor service than what is the code of Nature of business .Turnover is Less than 5 lacks, individual business. He is liable for excise Registration and also for Excise.
Q.2 When the person providing only labor service means he get ornaments from outsider and polish it and give it back than what is the code of nature of business.
Q.3 when person manufacture KHAKHRA’S, MATHIA’S (Eating item) and sold it as whole seller than what is the code of nature of business. Turnover is Less than 5 lacks, individual business. He is liable for excise Registration and also for Excise.
Q.4 what is the code of nature of business providing service of consultant means providing service related to Income tax, Sales Tax, Excise, Custom. If he is not a chartered accountant.
Q.5 what is the code of nature of business of pujari (Bhrahmin) doing pooja , havan etc.
Please mail it me to manish.thakkar15 @ gmail.com
Q.1 when person Manufacture and sold the bagashra items gold plated item and also provide Labor service than what is the code of Nature of business .Turnover is Less than 5 lacks, individual business. He is liable for excise Registration and also for Excise.
Q.2 When the person providing only labor service means he get ornaments from outsider and polish it and give it back than what is the code of nature of business.
Q.3 when person manufacture KHAKHRA’S, MATHIA’S (Eating item) and sold it as whole seller than what is the code of nature of business. Turnover is Less than 5 lacks, individual business. He is liable for excise Registration and also for Excise.
Q.4 what is the code of nature of business providing service of consultant means providing service related to Income tax, Sales Tax, Excise, Custom. If he is not a chartered accountant.
Q.5 what is the code of nature of business of pujari (Bhrahmin) doing pooja , havan etc.
Please mail it me to coolguyraj91@gmail.com

RAJESH CHOUDHARY   27 November 2011 at 09:43

Hellow everyone

hi please provde me service tax rates for a.y 2012-13

RAJESH CHOUDHARY   26 November 2011 at 18:43

Hie experts

is tax under section 69 subject to slab rate

plz tell me