vivek patil
26 October 2010 at 19:17
SIR, IS IT MANDATORY TO FILE TAX RETURNS FOR REGISTERED COMPANY EVEN IT IS MAKING LOSS?
Anonymous
26 October 2010 at 17:42
A company does jobwork at the premises of its client by sending workers and receives Jobwork charges.What are the implications of Excise/Service Tax in this regard?
hussain
26 October 2010 at 17:14
Sir,
In a case of a company for the A.Y. 2005-06 company as booked Advertisment Expenses approx Rs 1 Core and not deducted T.D.S in this case how can we persent this case so that party can get relif form it.
p k kapoor
25 October 2010 at 15:41
Form 16 as required under the rules was issued to all employee on 30-04-2010 for FY 2009-10. However, in October 2010, one employee has pointed out that PAN has been incorrectly mentioned in the FORM 16.
My query is
(i) Can I issue a fresh Form 16 after necessary correction in PAN by mentioning today's date i.e 25-10-100.
(ii)OR should the employee be asked to return the old FORM 16 issued in April 2010 and a rectified FORM 16 may be issued now.
Thanks in Advance!
Anonymous
25 October 2010 at 00:02
Hello Experts,
Is it compulsory to file the return for the income earned from day trading in shares? If i earn rs 50000 in intraday,how much tax should i need to pay?
Thanks in advance
Anonymous
24 October 2010 at 01:06
WE HAD PLANNED TO SALE OUR ANCESTRAL PROPERTY FEW MONTHS BACK. WE HAD ALSO RECEIVED A TOKEN AMOUNT OF RS.ONE LAKH FROM THE PURCHASER. HOWEVER THERE WAS A DELAY IN ENTERING OUR NAMES IN THE SOCIETIES REGISTER AND THE DEAL WAS CANCELLED. THE TOKEN WAS RECEIVED BY CHEQUE WITH THE ACKNOWLEDGEMENT ON PLANE PAPER WITH REVENUE STAMP. WE HAVE RETURNED THE TOKEN AMOUNT. BUT WE HAVE GIVEN THE CHEQUE TO THE PURCHASER FROM ANOTHER BANK AND NOT FROM THE BANK IN WITH THE TOKEN AMOUNT CHEQUE WAS DEPOSITED. IS IT OK FROM TAXATION POINT OF VIEW?
PLEASE GUIDE US.
Ajit
24 October 2010 at 00:43
Hello my friend is insurance agent. His company deducted TDS on his Commission. How to get it refund? which form is applicable?
Anonymous
22 October 2010 at 20:41
a survey was conducted by income tax people and a notice was issued but due to non appearance of assessee an a best judgement ordered was passed . and a demand of rs 40 lakhs was raised by assessing officer and ito . after completion of 2 years from passing best judgement now rcovery officer issued show cause notice why assesse can not be arrested . what is remidy available to the assessee. he is not in possition to pay the amount, whether the assessee can preffer an appeal if so under what provision whether the assessee can present pesonally along with the advocate if so is there any posility to arrest the defoulted assessee by the recovery officer with out giving oppurtinity to assesses for filing appeal , under what provision we have file an application to condone 2 years dealy by the commisioner appeal please guide me. please provide me contact number
Investing in flats in joint names
I intend to sell some unlisted shares and invest the money in two flats with my two daughters i.e. one daughter as a joint holder in one flat. The money is 100% from me from sell of unlisted shares, so that I save on Capital Gain Tax by investing in the two flats. Neither I nor my daughters own any ownership flats.
Pl. advice for:
Income tax implications.
Will there be need of a will as on my death the joint holder will become the owner automatically?