Vijay Kumar
01 July 2011 at 22:25
Whether it is necessary that one must file IT Return at the place of one's permanent residence?
OR
Whether IT return can be filed with any Income Tax office in India?
BHARAT KUMAR JHA
01 July 2011 at 12:30
Dear Sir,
we are an exporter (Manufacturing Unit of Sheet Metal)at Noida (U.P).
We have purchased steel from UP & Central purchase both.
What is procedure of Entry Tax in procure in steel.
Anonymous
30 June 2011 at 22:55
Is There tax applicable on the allumi/money received after divorcee.Please specify the section if the tax is applied or exempted.
Anonymous
30 June 2011 at 19:07
DEAR SIR ,
I WANT TO KNOW WHETHER COMPANY HAS ANY SOLUTION TODAY IF COMPANY HAS NOT AFFIXED REVENUE STAMP ON CASH PAYMENT EXCEEDING RS. 5000 FROM JAN TO MARCH 2011.
IF YES SO HOW CAN IT DO.
Nisha
30 June 2011 at 16:24
I have paid X amount to my old company to Buy-out 1 month Notice Period and got reimbursement for the same X amount from the new company.
Now the company has deducted TDS on this reimbursed amount. As per my understanding its just a reimbursment of the expenses that i have done of their behalf.
I am seeking your advice how it is considered as my income? can i ask my new company for not deducting any tax for it?
Anonymous
29 June 2011 at 15:49
Respected Sir,
Please let me know whether Income Tax Return can be filed after the time limit under section 139(4) is over. No notice is issued under section 142(1) till now. What is the time limit for issuing notice under section 142(1)? Can the assesse send an application to the Assessing Officer to send the assesse notice under section 142(1) so as to enable the assesse to file the income tax return.
Anonymous
28 June 2011 at 22:05
Shop registered under Shop & Establishment Act
Question : Whether following Acts are applicable to a Shop which is registered under the Bombay Shops and Establishment Act ?
1. Professional Tax to Shop Owner (Employer) and
Workers (Employees).
2. Minimum Wages Act
3. Income Tax.
4. Industrial Dispute Act.
5. The Payment of Wages Act.
6. The Payment of Bonus Act.
7. The Gratuity Act Provisions.
Any other act if the shop is used for manufacturing process for which \"Bhatthi\"
( TANDOOR CHULHA ) is installed in shop.
Rajat sahotra
28 June 2011 at 17:39
Dear experts,
we are not receiving 'C' forms against the sales made by us since 2009.
What could be the possible legal action / procedure that can be taken or followed for recovering "c forms" from the concerned parties.
Please advise
Anonymous
27 June 2011 at 16:00
can any one give reason why the client required to pay vat only in case of lifting of the physical delivery in case of transaction take place at national spot exchange of e-gold in context of sale of goods act,1956
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TAX ON GIFT FROM GRANDFATHER
My name is Rohan.
My grandfather Mr. B.S Naik. Is a well reputed individual.
the gift deed is already registered in november 2010 .... i cannot afford the taxes .... since i am still a student .....
refer the following
(My grandfather) B.S Naik is approx 82 years old and is a bachelor till date! He bought My Mom to Mumbai from Manglore and good took care of her ,educated her and made her an independent individual . Post my mom got married to my dad ,still we stayed with my Grandfather, Mr. B.S Naik. My mom had two kids. I am the elder to my sister who is 21 years old.
My dad is absconding since 2005 July and my mom is working for a reputed organisation and has abandoned us since long!
Now my grandfather who is my moms maternal uncle (Mama) has taken care of our upbringing and is the only one who has taken care of us since our birth. (our-me and my younger sister)
November 2010 he gifted his property(house) approx value 70 lakh to me and my sister with 50-50 stake each, Just to avoid and claims on his will. This is a decision taken by him!
Now I was highlighted that I am eligible to couple of taxes!
Gift tax and income tax!
Could any one please throw some light on this issue –
As i was informed that “my grandfather is not a relative to me as per law” and i would be eligible for 30% tax of the property value!
If yes is there a solution as i am just a student and i am going through tremendous stress post realisation!
The transfer is registered through a gift deed and is completed under the guidance of a professional lawyer who did not inform about any tax or complications!
Contact me on 9619000104 or rohansshetty@gmail .com
I am unaware about the policies and procedures in this site ... please pardon me if i have broken any policy of this site!!!