Rathnakar P V
01 May 2010 at 16:17
Dear Experts of the forum,
I am resident of Hyderabad,staying in an apartment ( President of the Association !). Today Mandal Revenue Officer has served a notice, asking us (The residents as a unit )to pay NALA tax arrears; due up to 2005.
As far as my knowledge, this been abolished ! Am i correct ?
[{The vendors purchased this land in the year 1940 and constructed a house in the year (around) 1952, and gave the old house for development in the year 1999.}]
Further,in the complex 20 families are staying and holding an undivided share of 68 sq yds each.In our registration document there is a clause that Vendors are responsible for all the taxes due till the date of Registration ( Our flat is Registered in the year 2002 ). And as per NALA act area below 100 sq mts are exempt from the tax.
In the above context, i request the experts of the forum who are familiar with AP revenue Acts to guide me,in regards to :
1) The NALA tax is still in force, if yes,
2) As a individual holding less than 100 sq mts, is liable to pay tax ? If, Yes,
3) Who should pay the tax? The vendors or the purchasers( Purchased in the year 2002 ).
With regards,
Thanking you All in advance expecting a QUICK reply PLEASE.
Tarun
30 April 2010 at 15:25
Hello,
I have received notice 143(1) from the CPC on 19th Apr 2010 for AY 2008-2009. I had filed my returns on 1st Sep 2008.
I read section 143(1) and several discussion forums. Most of them conclude that notice 143(1) is invalid if it is sent beyond 1 year from filing date. If this is true, then what should be my course of action ?
According to the notice, I need to either pay the demand within 30 days of receipt of the notice
OR
If I am not satisfied with the intimation, I may seek rectification as per section 154 with CPC or appeal under section 246A of the IT act, 1961 in my Territorial Jurisdiction.
-Tarun
anshul sangal
30 April 2010 at 13:48
Sir i am a fresher in income tax and sale tax field please suggest some book of income tax and sale tax for lawyer?
aman kumar
29 April 2010 at 19:10
IF A BILL CONTAIN SERVICE TAX & TDS BOTH WHAT IS THE RIGHT MATHOD TO APLY THAM ? ON WHOLE OR ON WITH SERVICE TAX ??
aman kumar
29 April 2010 at 19:07
WHAT IS THE RATE OF TDS ?? ON CONTRACTORES/NEWS PRINTS ADS ??
Anonymous
28 April 2010 at 18:20
Can Sweat equity allotment to an employee of an unlisted company be without any lockin? Is there a way to avoid the lockin?
Is the tax levied on sale of seat equity, a capital gain or will be treated as Perquisite income and taxable as part of the salary?
Need your guidance. thanks.
amiya kumar pradhan
28 April 2010 at 13:30
Upto 31.03.2010 if a transporter had PAN there was no need of deducting TDS. But wef 01.04.2010 whether the same rule applies. In other wards whether the same provision has been extended in recent budget ?
Guest
28 April 2010 at 11:16
Hi,
Can a brother gift money to his Married Sister. Relevant IT section/provision is also requested for herewith.
V.Bhuvanesh
28 April 2010 at 10:04
Dear sir,
Can the assessing officer disllow expenses on account of travelling expenses,telephone expenses on account of personal element involving partners although the firm had paid fringe benefit tax for Ass.Yr.2008-2009.
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
T.D.S. RATE & EXEMPTION AMOUNT
Sir,
WHT IS THE TDS RATE ON COMMISSION AND WHT IS THE EXEMPTION AMOUNT IN FINANCIAL YEAR 01/04/2009 TO 31/03/2010