Anonymous
17 September 2011 at 21:28
sir actually we want to deposit 4 lakhs rupees as fixed in andhra bank.they said that pan should be compulsary..so i want to verify
>whether if we are using pan number.then any problem occur
>by the end of financial year any tax amount i should pay for this amount...
ravi kant negi
17 September 2011 at 12:08
sirs, please let me know how to fill itr2 form regarding short/ long term capital gains.
J B Goel
17 September 2011 at 11:04
I and my spouse purchased a Flat in Gurgaon 6 years back.The share of spouse money mainly came through as a gift from our NRI son.He further gifted substantial amount of gifts after tis purchase. The cost of the flat was Rs 40 lacs.We have 2 married daughters, who are also NRIs.There was a rift and though family settlment on stamp paper of Rs 100/, it was settlled that the ownership of Gurgaon Flat be passed on to our son and his spouse.The agreement is witnessed by our daughters and signed by us,son and his spouse.
We were getting a monthly rent of Rs 23000/.Pl confirm that Tenant and Income Tax Authority will consider rent income of my son and his spouse after the execution of this deed.As my kids are abroad, the settlement deed has not Civil Court Authorisation.Pl guide with Case History, if any.
J B GOEL
Anonymous
15 September 2011 at 23:23
Excess service tax is collected and deposited to goverment. Now client wants that excess payment back. What is the remedy? Also note , the client himself does not provide any taxable service.
Further how long this adjustment can be made?
saurabh
15 September 2011 at 16:54
whether member of commodity exchange held liable to pay sales tax when he act on behalf of his client?
prithwish sengupta
15 September 2011 at 10:01
is investment in any term deposit/ fixed deposit with any nationalised bank with a period of more than 5 years eligible for deduction u/s 80c?
or only specified fixed deposit or term deposit declared for exemption u/s 80c by nationalised banks are eligible for exemption u/s 80c??
KALAIKOVAN
14 September 2011 at 12:50
ST3 Half yearly Return (Late) is filed before the Notice received from the ST Department
Due date 25/04/2011 - Date of Filing 02/07/2011 - Notice Date 28/07/2011
a) Maximum Penalty amount is 2000 or 20000?
b) ST Officer says that the no. of days delayed should be calculated from Due date to Notice date even though the return is filed before the notice date.
c) In addition to that ST officer aks to pay Penalty Rs 10,000/- u/s 77. Pls advice
P K Rajesh
13 September 2011 at 23:18
Hi,
We have a property in Delhi owned by our mother which we are planning to sell. She plans to distribute the sales proceeds amongst us, her two sons, that is me and my brother. The cost of acquiring the house is Rs.35000/- in 1970 and the current market rate is Rs.40lacs.
1.What would be the capital gain?
2.Can she distribute entire sales proceed amongst us enabling us to invest in property in our name individually or jointly including my mother?
3.Or do we need to purchase a residential flat in her name alone?
regards
Rajesh with brother Anish
pankaj
12 September 2011 at 20:36
Dear sir,
my question is whether P.F. deduction is liability under Provident fund act or any other act on the part of company if employee's basic salary exceeds maximum ceiling limit of Rs. 6500 & employee does not want to make provident fund deduct from his salary.
for example:-
Employee basic- Rs. 7000
what responsibility on part of company if employee does not want to make his Provident fund deduct.whether should be deducted or not?
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Sponsered trust
A company opens a trust. Expenses of such trust is borne by the company. Such trust is meant for promoting the industry , of which such company is a part.
Can such trust apply for 12A/80G. If it gets it anyway, does the expenses borne by company of such trust suddenly reduce to 50% allowable? Also is payment to such trust by company is revenue expenditure?