Ammendments in mvat rc
This query is : Resolved
08 May 2012
A partnership firm with same partners and at same address have got ammended its new firm name with different pan, registered with same MVAT TIN. The ammendment was made by Sales Tax Department after due deligence but now the Sales Tax Depratment is denying the ammendment of RC with same TIN by with two firm names. please advise me how to appeal with the Sales Tax Department for their commmited ammendments.
10 May 2012
Mr Vishwas,
The sales tax department is correct in not allowing two firm names at a time.The firm has to omit the old name and go by the new name only,for both VAT and IT Act dealings....MJK
The sales tax department is correct in not allowing two firm names at a time.The firm has to omit the old name and go by the new name only,for both VAT and IT Act dealings....MJK
18 May 2012
If profit & loss sharing ratio and constitution of both firms is similar, then it will be additional business. Under Indian Partnership Act and Income Tax Act both the firms are one and same.PAN No procured for 2nd firm is not proper.
Subsequent PAN obtained is mistake of law and apply for cancellation and intimate to I T dept. Submit ack. Submit copy of application made to IT Dept with sales tax Dept. Under the facts The mistake of law may be consider for rectification and amendment by sales Tax.
Subsequent PAN obtained is mistake of law and apply for cancellation and intimate to I T dept. Submit ack. Submit copy of application made to IT Dept with sales tax Dept. Under the facts The mistake of law may be consider for rectification and amendment by sales Tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Article ship defecit
- Eway bill for machinery reparing
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
