Anonymous
25 November 2011 at 20:28
my query how to get status for income tax appeals, tribunals results . which website
Bhupendra Dubey
25 November 2011 at 16:05
Sir / Madam
What will be the total amount for custom duty, If I import a used machine for 24000 Euro (Exchange Rate: 1 Euro is equal to INR 69.80/-), Insurance Charges@1.125%, Weight of the machine is 31120 Kgs.
Please reply earlier.
Anonymous
25 November 2011 at 12:54
Sir,
My question is regarding Online Business. My friend is a manufacturer of a new brand of tablet PC's. Most of his sales are online through online shopping websites. He is based in Chennai and sends his goods to all over India from Chennai charging the local Tamil Nadu VAT on the same on his auditor's advice. I am based in Bangalore. What we intend to do is to identify few computer shops in Bangalore and ask them to store (not buy) our products (perhaps as bailee?). We will list their addresses on our website. Thus, customers in Bangalore can approach these shops and buy our products and the bill will be generated online in the name of the company based in Chennai charging TN VAT (as though the sale is made online). The bill is not made in the shopkeeper's name and hence Karnataka VAT wont be applied. We will have a contract signed to that effect with the shopkeeper in the relationship of pincipal-agent. My question is, is such an agreement valid? Will the auditors be satisfied if we show them the agreement when he asks for the invoice for our products kept in the shop saying that these products are not bought by him but only stored for commission? Will the local tax officer raise an issue saying we are avoiding local tax although we are not billing locally?
Thanks much!
Anonymous
24 November 2011 at 09:15
A plot was purchased in 1960 and ground floor of about 1500 SFT built over it. Again upstairs of about 1600 SFT built in 1980. If the property is supposed to be sold what would be reasonable fair cost of the property for capital gain purpose?
visu
23 November 2011 at 23:29
An advertisement client has service tax liability over few lacs of rupees, over 9 months Since Apr 2011
But
He has no cash outflow and could not pay the accumulated payment.
Because of this, he has also not filed the return declaring the total receipts in ST-3.
Pl advise the status and consequence.
a) Can he claim SAMADHAN..
b) Can he get waiver of interest.
prem butola
23 November 2011 at 16:57
sir,
we export our final products under Rule-18
after proof of export geting we field Rebate claims . but some ARE-2s has missed in this condition Excise authority refused to releas our rebate calim.is it correct pl. help so that we can release our rebate claim form excise.
in some cases in original copy of ARE-2s are signed by custom Authority but same of duplicate copy are not signed due to mistankenly. in the same condition after fieling the rebate calim excise authority refuse . what type of document we provide them for releasing the refund while we already submit to excise dept. ARE-2 , S.bill, B.L.etc
Thanks & Reg.
Prem
09568006816
Anonymous
23 November 2011 at 10:30
Dear experts,
we receive around 200gms of jwellery from my mother's father as a gift.What are the tax implications of it?
Anonymous
23 November 2011 at 09:39
A private organisation employees member of Provident Fund Open a separate PPF account (Pubic Provident Fund). If he open PPf Account he show PPF Deposit account Money for Income tax purpose.
Sale of property
My friend sold some property under GPA to a promoter during 2006 and the entire consideration was offered for tax.subsequently the promoter developed and built flats and sold the same using my friends GPA and Pan no. ( this is not a joint venture) without my friends knowledge. Since the promoter is not co operating to divulge the details the assessing officer may impose tax on entire sale done by the promoter. Kindly suggest a remedy to get out of this tricky situation