This Query has 1 replies
question regarding whether wealth tax applies or not
a lady has a house on her name(duly registered property) in a city and her husband (expired) had another house on his name (through power of attorney).Till date the house on husband's name has not been transferred to her wife or any children. is the wealth tax applicable in this situation?cost of both the houses is above 30 lacs.
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1. Abc co. purchased steel material of Rs. 240000 ( Including vat 14.5% )
Then on the time of payment we are paid the actual tax - invoice amount with detucting the Tds rate on the total sum of Tax - invoice to vendor but question is i,e vat & Tds is going in the Government treasury.
My quest. is that when we calculating the tds rate we want to calculate on the actual materil price Or including vat price
if Including vat Or service tax why ?
Please guide me on this case with vat,tds & service tax solutions.
This Query has 4 replies
Can income be offered voluntarily by filing return declaring income under section 115bbe by paying 30% tax to avoid penalty?
Please reply.
This Query has 2 replies
Dear all,
Yesterday I have filed my ITR, but today i found some mistake in the data, i've not sent the acknowledgement to CPC till now.
My query is, should i send the ITRV and revised the ITR and again send the ITRV
OR
I should ignore that ITRV and file the ITR again as ORIGINAL and send the ITRV to CPC.
please help!!!
thanks...
This Query has 4 replies
1)Is there any necessity to give any application to Assessing officer for claiming releif under section 89.
2) Also, if the assessee had not been filing the Income Tax return for the past 5 assessment years .i.e. for the years for which the arrears were received, since the tax liablity was NIL, can there be any deniability of releif under section 89?
Please reply.
This Query has 4 replies
I filed return for AY 12-13 in july,2012.
Now I have got a demand notice u/s 143(1).
My TDS was deducted under two different TAN's by the employer.30,000 under tan 1 and 5000 under tan 2.
But by mistake I mentioned the entire amount(of 35,000) under one TAN only(tan 1).
what should i do now.since they have raised the deamnd of Rs 5000 on me.?
pls help
This Query has 1 replies
Dear All
I've paid Delhi VAT through my sbi netbanking (etax link), i need to know that do i require to submit the challan generated either in bank or department, as 3 copies of challan has been generated
1st to be retained by Dealer(part D)
2nd copy require to furnish at the time of return filing(part C)
In 3rd copy nothing written about
thanks
This Query has 4 replies
Sir,
Recently i joined a company in June'13. my monthly salary breakup is:
Basic: Rs. 16,000
HRA: Rs. 8,000
Special Allowance : Rs. 29,100.
so, Total Gross Salary is Rs.. 53,100.
PF is optional in my company. so, i choose not to deduct PF. only meals expenses deduct from my salary amounted to rs.100 per month.which provide net income amounted to Rs. 53,000
now, company is asking for investment declaration for f/y 13-14. presently i have a PPF a/c and i will submit Rs.100,000 in that for f/y 13-14.
kindly provide me the calculation of TDS, that how much amount will be deducted from my salary per month.
Thanks
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I want E-file for the F.Y.2011-2012.My Brother service in RMC (Rajkot Municipal Corporaion) His Monthly Earning Basic Pay 5300.00,Telephone Allowance Rs.450.00,Petrol Allowance Rs.1100.00 & Deduct P.F.630.00 (Approx.),P.T.80.00 (Approx.).
Please Brief Detail with Compute Income.(Example Total Income,Deduct U/S.Deduct Etc.)
Which his catagory belog (Employer Catagory ex.GOV or PSU or OTH) & Return file under section (Before due date or after due date etc.)in ITR
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The e-filing of audit report under section 44AB has been made mandatory from A.Y. 2013-14
Will audit report under section 44AD be required to be filed electronically since, section 44AD (5) states that an audit report for an audit conducted under section 44AD will be furnished as required under section 44AB?
Also, please tell me the required format for audit report under section 44AD?
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Wealth tax