Service tax applicability in case where project is complete.Apply for approval for completion with competent authority.
Approval is deemed to granted as per law.
50% of Flats are sold & 50% appox. un sold.
Physical possession is hens over to 75% customers those purchase the flats from builder 7 other are paying their installments as per their agreement.
What will the status of un sold flats. Is service tax will applicable or not.
Thanks
hkbabber
anil kumr
21 February 2016 at 06:54
we are returning apprx. 5000 Nos of. used and empty catridges to HP, under HP's Take Back to Recycle in order to reduce environmental impacts.
These catridges have no commercial value and is being sent to HP for dstroying without causing any damage to the environment. This is NOT ASALES activity. We are a charitable hospital at Ernakulam and have no K Vat registration as we are exempted from registration as no commercial activities are carried out by us.
When we approached HP to take these catridges from our premises, HP engaged their transporter for picking up it from our stores. However, the transporter is now asking us to provide a form 15 and transaction slip. On the above we request you to kindly arrange to advise on the below ;
As we are being a Non commercial and a charitable hospital How we can issue a form 25 and transaction slip to the transporter for taking out all these items to HP upto Mumbai? Do we have any alternative on this.
As this activity does not involve / attract any commerical activity why these documents are still required by the transporter.
Is there any alternative way to handle the situation instead of submitting the form 15 and transaction slip as required by the transporter.
Kindly advise on it.
with regards
Anil
If we sell the goods more than Rs2 Lakhs It is mandatory to mentioned the PAN of sell and Purchaser, Pl give the comments
One of my client is NRI.He has Business Income from shop in India.The shop is running by his younger brother living in India.The Owner of the shop is above said NRI.When I select NRI in Residendial Status the Business Income column is getting off. ie. infillable or Blocked.Please tell me how the IT Return 4S will fill?
venkat
18 February 2016 at 16:28
Sir,
I am planning to buy a constructed house from a builder in my village. he has built the house without approval plan and now he has applied for Tax receipt to Panchayat office.Can anyone explain whether this is correct procedure and how long it will take to get the tax receipt from panchayat as we are urging to get registeration early asap.
I am a security agency to provide the security service. I am also receiving the services of MANAGEMENT OR BUSINESS CONSULTANT’S SERVICES.
Shall I get CENVAT credit for services of MANAGEMENT OR BUSINESS CONSULTANT’S SERVICES.
Harsh Agrawal
17 February 2016 at 16:27
Facts - Authority X levies charge on Party Y.
- Ld Single Judge (in Appeal by Y) strikes it down by holding that it has no power of levying the said charge.
-Both the Parties files Appeals before Division Bench; matter pending
- Parties reach a compromise wherein Party X can levy the charge but it is reduced as per wishes of Party Y;
and both wish to withdraw their respective appeals.
Proposition - Can Party X & Y withdraw their Appeals based on a compromise, in light of the fact that Ld Single Judge struck down / set-aside the power of levy itself.
Divyesh Kalra
16 February 2016 at 22:24
HOW MUCH AMOUNT CAN BE GIVEN BY PERSON TO HUF IN FINANCIAL YEAR. IF A PERSON HAS FIXED DEPOSIT IN HIS NAME AND AFTER FORMING HUF CAN HE SHIFT ALL THE FIXED DEPOSIT TO HUF AT A TIME OR THERE IS A LIMIT FOR TRANSFERRING THE AMOUNT WITHOUT ANY COMPLICATIONS
Income tax
Sir,
I have sold my property for Rs 92 lakhs and i received Rs 50 lakhs in cheques for this deal.
Now i want to purchase a property which is of Rs 11650000/. How much should I take amount in cheques. plz reply urgently. i am a govt servant working in university as assistant professor.