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Anonymous   21 June 2011 at 13:43

Consultancy Income from United Nations

Is Consultancy Income from UNO received by an individual exempt from Income Tax?And,if so,under what section/rule?

preet   21 June 2011 at 10:32

Capital gain

If i sale a residencial house, then to avoid capital gain, is it necessary to invest in any residential house or can i also invest in commercial plot?
Also tell me in what time period i have to invest?

Thanks
preet

preet   21 June 2011 at 10:27

What happen if payment done above Rs.20000/- in cash.

If any person make a payment in cash exceeding Rs.20,000/- what liability attached to him under Income Tax Act, 1961.?


Regard
preet
Lawyerpreetkaur@gmail.com

prakashraj   19 June 2011 at 21:03

lifetime road tax for re-regisration four wheeler

I bought an maruti esteem 1998 from mumbai in month of feb 2011
vehicle has been transported to my native place chennai,now I'm trying to re-register my car at chennai RTO.
what will be the lifetime road tax payable once the car is registered in chennai.

how is the road tax calculated.

C.A Alok Mukherjee   18 June 2011 at 14:30

issue of VAT on sale of used paper Carton

We are belonging to Dairy Industry.

Paper Carton are basically end roll of main purchased materials like butter and poly film. It is like a spool on which the film is kept. Such Carton / Spool are made with paper or paper board. Hence this is a packing material for the seller and for us a generated scrap. We sale it as used item like scrap/ waste etc. The assessing officer is of the view since there is no reference in West Bengal VAT to treat such scrap item as packing material / input and be treated at 4% as per schedule C rather for this it would be at general rate. Now we have seen that waste paper bears tax rate at 4% in serial no 81 of schedule "C". Can we plea in appeal that such item since made with paper since scrap it is "waste paper" and hence 4% is relevant for this.

I prey experts please give your views please if possible some referance case law.

Anonymous   15 June 2011 at 15:03

cenvat claim on purchase of Propane Gas

dear sir,

i want to know that can we take cenvat claim on purchase of propane gas which is used for production purpose

Anonymous   15 June 2011 at 14:49

cenvat claim on purchase of Propane Gas

dear sir,

my question is that can we take cenvat claim on purchase of propane gas which is used for production purpose.

Deepak Kumar   15 June 2011 at 14:46

Cash Payment Above Rs. 20000 - Income Tax

Hi

I have come across a interesting case wherein I wants to take your opinion.

Case: One construction company having various construction sites wherein site-in-charge have been appointed for dealing day-to-day expenses of the concern site. The company is transferring required amount of fund to their account for meeting expenses.

What I observed there that for avoiding cash payment above Rs. 20000, site-in-charge is making payment by issuing account payee cheque from his personal account to parties.

I wants your opinion whether this practice is legally allowed to avoid cash payment exceeding Rs. 20000 or whether it still attracts section 40a(3)for company.

Apart from the income tax, Is there any other non-compliance on the part of company.

Anonymous   12 June 2011 at 15:21

querry for tax

sir,
i am graduate, and want to become a trademark and patent agent sir tell how can i become an agent as earlier as possible

nikhil kumar   09 June 2011 at 20:46

supreme court judgement

how to find the complete text of supreme court judjement on excise law on internet