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Kishor   26 June 2017 at 10:45

I t return

Mr. A is India born individual, and now a citizen of USA.

Should he file his I.T. Return in respect of his income in India ?

Jatin Suneja   23 June 2017 at 13:56

Liability for a package of medical services under gst

An eye surgeon is carrying out eye surgeries and he charges Rs 20,000 per patient as a package which includes charges for intra ocular lenses,some medicines during and after the surgery and his own service charges. Since medical services are exempt under GST but it is a composite service as he is also providing intra ocular lenses and medicines for the surgery . His annual receipts are about 40 Lakh rupees.Whether he has output liability under the GST for intraocular lenses and medicines provided?

pshasi   21 June 2017 at 17:39

One time alimony received at the time of divorce

Hi,

I wanted to know regarding the taxability of one time alimony received at the time of divorce.The alimony amount has been specified in the divorce deed of the court and proceedings have been completed.Whether the amount received as alimony is taxable in the hands of recipient ( i.e wife)?

Thanks

Skeptical optimist   17 June 2017 at 21:56

Service tax on loan foreclosure penalty.

I have foreclosed a home loan by prepaying lump-sum foreclosure penalty. The receipt does not explicitly mention how much of this amount is towards service tax, and other cesses (levied on foreclosure penalty) IF ANY. It just says that, "The amount is inclusive of the service tax, education cess etc. wherever applicable".

Is it permissible to collect service tax without 'explicitly' mentioning corresponding amount in the receipt. Else it is likely that amount collected in name of service tax may not be submitted to Income Tax department.

sumanta   16 June 2017 at 00:50

Service tax on landowner

Point of taxation by builder to landowner is date of possession of flats.Point of taxation for landowner when he collect money from prospective buyer i.e before possession of flats.Then how the land owner pay the tax and take cenvat credit??

mukul bansal   15 June 2017 at 15:01

Help regarding tds filing using challan 281

Hi All

I am a grain merchant. I file TDS online on a monthly basis.

I recently realized that I have been submitting my TDS under the wrong MAJOR head (0020-Company Deductees instead of 0021-Non Company Deductees). But the funny thing is that I never received a notice from the Income Tax Department about the same.

What should I do about it? Or I should just leave the matter and start filing my TDS under the correct MAJOR head from now on?

Thanks in advance.

dinesh kumar   14 June 2017 at 19:57

Service tax

I HAVE TWO COMMERCIAL PROPERTIES IN MY NAME i.e ONE office space & ONE SHOP.ONE PROPERTY GAINS MORE THAN 15 LAC AS RENT WHERE, I AM PAYINY MY SERVICE TAX WITH INCOME TAX AT HIGHER LEVEL.MY SHOP CAN AVIL 15000/=P.M AS RENT.I DONT WANT TO PAY HIGHER TAX & INCLUDE IT TO SERVICE TAX (DUE TO TENANT DONT WANT TO PAY SERVICE TAX ON 15000/=).THATS WHY MY SHOP IS VACATE FOR A LONG TIME.I HAVE A HUF ACCOUNT WHERE THERE IS NO INCOME. CAN I TR. THIS PROPERTY TO HUF FOR MINIMISE MY TAX & SERVICE TAX LIABILITY.WHAT SHOULD I DO TO MINIMISE MY TAX & SERVICE TAX LIABILITIES IN THIS SITUATION .PL.SUGGEST.

venkat b.   14 June 2017 at 12:04

Gst on sale of ancestaral property

sir,
My friend has committed to sale his parental property in Andhra Pradesh and the buyer would have to pay and get registered before Aug.1, 2017. So, Can someone throw me light on the effect of GST on this transaction. Is it better to get it done before July 31,2017 ? Whether the stamp duty is likely to be reduced or not by state government ?

Gopal Soni   14 June 2017 at 06:46

Demand of excise and sales tax and royalty after 2 years

Good morning ,

My client is purchaser of coal from a company for last several years and paying accordingly as per bill raised .
but now company is demanding further Excise duty , Sales tax on the ground of diffrenciate ..

plz advice ..

vinod yadav   13 June 2017 at 11:57

Upvat sec 32 rejection

dear sir,
mera dhara 32 ke antargat 3 reason se application deputy commissioner ke dwara reject kar diya gaya h...
1. dhara 32 30days ke andar prastut nhi
kiya gaya....jab ki samai se prastut
h....sirf order recd.ki date application
32 me likhna bhool gaye...
2. medical certificate lagaya tha per jo
application receipt bani h...usme
mention nhi h....
3. admitted tax deposit h...aur vibhag me
jama ki rasid bhi h..na jama hone ko darsake reject kar diya....

note: kya section 31 me apply kar sakte h
thanks.