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Anonymous   17 May 2010 at 10:30

legal advice

I Am in LIC & taking VRS in coming NOV., I want to know the latest provisions regarding payment received from employer in terms of PF.GRATUITY,Group saving linked insurance,Leave in cashment . How the amount of tax will be deducted & any way to save it.

Kumar Krishan Agarwal Advocate   15 May 2010 at 22:19

F.D Gift Under Income Tax Act

Dear Sir,

1. I want to marry a girl but before marriage I want to transfer in F.D or want to give Rs 2 Lakhs to the bride for showing explicitly the safety proof of her life & living-hood in future if something mishap will occur to me after marriage.

2. Will the deduction of income tax will be deducted on Rs 2 Lakhs from assessee
OR
there is some other way to transfer the money on her name so that I will have exempted for paying any income tax amount on the 2 lakhs amount before marriage will be consummated?

3. What is the shrewd way to give the aforesaid amount to her without any income tax deductions before marriage?

gayathri   15 May 2010 at 12:49

write off

What is the procedure for writing off tax for income derived from a foreign contract with a foreign company? i e., falling under the category of foreign exchange.

Ramdinesh G   14 May 2010 at 15:25

Interior Docorators Service Vs. Design Services

What is the difference between this two categories?
Eg: -If an Organisation takes technical helps of Foreign Consultant for design furniture of Stadium. Is Service Tax under Reverse Charge payable under "Design Service" as it relates to furniture or is Service Tax under Reverse Charge payable under "Interior Decorators Service" as is part of Stadium?

santosh kumar huded   13 May 2010 at 12:51

karnataka luxury tax annual return in excel format

kindly provide the excel format of luxury tax annual return of karnataka

Anonymous   13 May 2010 at 00:17

Re-export of imported goods due to defect

We have imported the goods on payment of Customs Duties. We have availed the cenvat. Is there any necessary to pay/reverse the cenvat amount as if domestic clarances ?

Basing on the Board circular 283/1997 and 345/2000 the importer need not to reverse the cenvat. Those goods will be treated as exports.
Cenvat Rules 3(5) is not applicable for exports. This issue will not applicable as ' as such removal

Anonymous   12 May 2010 at 20:00

INTERST TO BE LEVIED U/S 234B &234C IN CASE OF COMPUTATION

WHETHER INTEREST U/S 234B &234C IC LEVIABLE IN CASE OF COMPUTATION OF INCOME UNDER PROVISIONS OF SECTION 115JA & 115JB

Anonymous   12 May 2010 at 17:36

Urgent Query ?????

Last date for Filling revised ofWCT return for the financial yr 09-10 is 15th may in WEST BENGAL. however deductor is unable to give us the wct CERTIFICATE what to do ?????????

Swaroop Godbole   12 May 2010 at 15:20

HUF status and partition of joint hindu family

whether it is neccessary that change in the status of HUF under income tax act neccessarily amounts to partition between coparceners?

jyotirmaya behera   11 May 2010 at 23:01

PAN card

now days PAN card is very necessary. even student also using PAN card. some one told me that who will use PAN card they r bound to pay income tax or who have no more income then 1,60,000 they will file return file. there have any law that who will use PAN card they will pay income tax to govt?
if is it true then who are student what they will do? is it crime who dont give income tax or return file?