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vishal v. khade   17 September 2009 at 11:45

expenses on transfer of property

can you pls provide case laws decided
on the question that


whether expenses regardign compensation paid to worker for injury while cleaning the property place for the purpose of transfer the property as expenses for the transfer of propertyriven

hussain   16 September 2009 at 10:28

Loan to Directors

Sir,
Sir,
The company as given loan to directors in financial year 2005-06 and it was recoverd by deducting from remunaration in the finacial year 2006-07.for that the ITO says that the company is closely a private company and in that year the profit is about 15lac and the director holds 79% share in the company so as per ITO provision of sec 2 (22) (e) of the act the above loan is ti be treated as deemed divided.
so there any hope to save from tax.

riven

amar jeet singh raghav   15 September 2009 at 17:58

Tax on Army Kargil widow Pension

I have a client whose pension is 8500/- from army, 3500/- from U.P. government & 2500/- from Shara India.
Central Govt. is also issue a petrol pump in 2005,
she earned about Rs 2,20,000/- per year by this pump.
After clubing, her Income is about 394000/-.
So I want to know If there is any relaxation in Income Tax on War widow pension.
riven

Sudharsan.m   14 September 2009 at 18:26

service tax

Does service tax is liable for leasing the home appliances like furnitures? is there any SC judgement on this aspect?riven

hussain   14 September 2009 at 10:42

Share Application Money

Sir,
A private company as received share application money in cash in bulk amount and the case is in scrutini another thing that the amount which as received in cash as been return in the next financial year through bearer cheques so please sugges me how i can keep this case in front of ITO.
riven

surendra gandhi   12 September 2009 at 12:05

Section 80IB

The assessee is eligible for deduction u/s 80 IB of the Incometax Act 1961. Along with manufacturing activivties, the assessee undertaking has started job work for outsiders and receives labour charges from the parties. Whether the amount of labour charges received form part of the eligible profit of the concern? Can the assessee claim deductionu/s 80IB on such labour charges received or the same is to be excluded for the purpose of determining eligible business for claiming deduction u/s. 80IBriven

hussain   12 September 2009 at 10:10

share application money

Sir,
The query is that the private company has received share application money in cash in bulk amount during the year and it has been return in next finanacial year the case is in screwtatni so in case how we can persent in front of ITO please sugges me its urgentriven

manoj   11 September 2009 at 15:47

company's act 1956

whether preference share dividend reduces accumulated profts ?riven

Sandeep Kumar Revaluri   11 September 2009 at 12:42

Karnataka VAT

Dear Sir,

1)Is it required to get Authorisation from Commercial Tax Department, to sign on Invoice of Sales under Karnataka VAT? If so, what is the Form to be used for this(is that in KVAT Form 5)?

2)The word "Statements" given under Rule 171 of KVAT Rules, 2005, does it includes invoice too?

Thanks & Regards
Sandeepriven

Bhrigu Gera   11 September 2009 at 12:14

a pre declared consignee does not qualify for E-1 sales

By the order of Supreme court, pre declare consignee will not treated as sale in transit. what is the status on this as tto consider the pre declare consignee.

culd i get the copy of this judgement.

riven