p k kapoor
22 January 2010 at 11:20
THIS BEING AN eDUCATIONAL INSTITUTE OPERATING AS AUTONOMOUS BODY UNDER A MINISTRY OF GOVERNMENT OF INDIA, THERE ARE MANY CASES WHEN THE INSTITUTE IS REQUIRED TO PURCHASE FROM DIFFERENT VENDORS WHO ARE NOT REGISTERED UNDER WEST BENGAL vat.IT MAY BE STATED HERE THAT THE INSTITUTE IS AN END USER i.e.IT PURSHASES FOR ITS OWN USE ONLY.
IN VIEW OF THIS IT MAY PLEASE BE CLARIFIED THAT-------
1. AN ORDER CAN BE PLACED ON THESE VENDORS.
2. IF SO, WHETHER ANY PURCHASE TAX WILL BE PAYABLE
3. IF SO HOW IT WILL BE PAID, AS IT IS NOT REQUIRED TO GET REGISTERED AS THE INSTITUTE IS AN END USER I.E PURSHASES FOR ITS OWN USE.
4. IF PURCHASE TAX IS PAYABLE PL. INDICATE UNDER WHAT PROVISION/SECTION OF WBVAT ACT.
THANKS IN ADVANCE
hussain
21 January 2010 at 18:40
Dear sir,
on ayurvedic propertiory medicine is excise duty applicable or not ? please reply me.
THanking You
Anonymous
21 January 2010 at 16:50
Dear sir,
I have recently taken possession of an apartment which I had booked in 2004. 90% payment for the same was made by 2006. The apartment was however alloted to me by means of a computerized draw in July 2007. The final 10% payment was made in July 2009 and the possession of the house taken in Dec 2009.
I have now sold the apartment in Jan 2010 on power of attorney(the house cannot be sold until 03 years of possession as per the society rules).
I am investing the complete sales proceeds from this house in buying another apartment from a builder.
Could you please tell me that the gains by virtue of selling the apartment after applying the indexation factor will fall under long term capital gains or short term capital gains ? Am I liable to pay any tax ?
sharwan kumar mishra
21 January 2010 at 16:15
sir
i am working patner of our firm,my firm is registered in delhi,i have one shop in mall in u.p.i have service tax number but i am not paying service tax because some person said do not pay service tax because service tax on immovable property has abolished.please advice me sir .thanks
regards
sharwan mishra
sharwan kumar mishra
21 January 2010 at 15:32
sir
i am partner of our firm i want to close our partnership firm because partnership firm suffring in loss.please advice me what is procedure for dissolve.
sharwan kumar mishra
21 January 2010 at 15:28
sir
if i have service tax number from previous one year but i am not paying service tax to the department because i am not collecting any amount from services.please advice me what kind of action will be taken against me. thanks
regards
sharwan mishra
sharwan kumar mishra
21 January 2010 at 15:22
sir
please advice me for service tax, sir service tax has abolished on immovable propery.
s.v.goplani
20 January 2010 at 13:06
sir, Life insurance services & insurance auxiliary services relating to life insurance service tax is deducted by birla sun life from advisors (agents). Actually service provider is birla And Service receiver is client, whether the liability of payment of service tax lies with advisor ? why should be deducted from commission ? please clarify with remedies for recover deducted amount from commission. Thanks.
VIRENDER GUPTA
19 January 2010 at 13:26
Can Brought forward unabsorbed depreciation set off with Income from House property if there is no profit from business in Current year.
e.g. Income from H.P. 1000.00
Current year loss -50.00
current year Dep. -75.00
------
Balance 875.00
B/F Unabsorbed Depr. 1000.00
--------
- 125.00
---------
my query is still stands about B/F depreciation . Whether B/F Unabsorbed depreciation can be set off with other incomes if current year business head has no profit
Registration procedure under Central excise- foreigner
What is the procedure to get registration under CEntral Excise by partnership firm engaged in manufacturing of engineering goods where one of the partner is a foreigner(not NRI) with 50% capital contribution?
regards