VIKAS KUMAR SHARMApro badge
26 April 2014 at 13:09

Notice under section 148

Dear Sir,
Thanks! in advance.
One of my friend received a notice us 148 for ay 2007-08 on dated 27-03-2014. He sold a piece of agriculture land for Rs. 7 lac in July 2006. Otherwise he had no taxable income for the same year(Rs 48000 PA as salary only).
Now, he talk to ITO and he advised to file return for same year. But, an advocate suggest that no need to file return because they will reassess and ask for capital gain on Rs. 7 lac.
Pl suggest what we should do? Early as possible.
Thanks
Vikas


jay
26 April 2014 at 13:01

Service tax on work contract

I HAVE CONTRACT TO RENOVATE THE MUNICIPALY BUILDING WITH LABOUR & MATERIAL OF Rs. 10 LACKS.
1) MUNICIPALTY HAS PAID 8 LACKS AFTER DEDUCTION.
2) I HAVE TO PAY Rs. 2LACK AS A LABOUR EXPENSES.
3) I HAVE TO PAY Rs. 3.5LACK AS A MATERIAL EXPENSES.
WHAT IS MY SERVICE TAX LIABLITY ??



Anonymous

CAN ANY ONE FORWARD THE DRAFT LETTER TO BE SUBMITTED TO SUPERINTENDENT FOR GETTIN GUSER ID AND PASSWORD AGAIN



Anonymous
26 April 2014 at 12:49

Credit of service tax on discounting

one of our customer charge ST @12.36% on Bill discounting , the Audit party disallow the credit we have taken on discounting. the base of Disallowing credit is as this is not input services so we can't take credit , your expert opinion is awaited.


Nikhil Jain
26 April 2014 at 12:37

Articleship issue with principle

i am facing trouble trouble with my boss behaviour and attitude. he is treating me bad since i asked for transfer.and i have done 1 yr 4 mnth articleship under him.he now dnt give me work also which i was doing earlier.i sit free. i want to leave him and work sincerely under other CA firm. how i can get rid of him?? pls its really mental torture for me.help me.


Chintan Patel
26 April 2014 at 12:30

Financial management

Hello Everyone!!!

In case of a Non-Recourse factoring agreement,why is certain portion held as reserve by the factor?

And when will the factor remit such amount?


-Thank You!


Guest
26 April 2014 at 12:26

Ca final - advance itt

Is it made mandatory that 150 Hours of Advance ITT for CA Final Students before appearing CA FINAL EXAMINATION?? If it is compulsory any official announcement made by ICAI in this issue
Thanks in Advance


nitin

i have made provision for manpower expenses for Fy 13-14, but here manpower supplier is individual & i am pvt ltd com.
advice,shold i pay service tax for march 14 or for april 14 under reverse charge.


Sudheer
26 April 2014 at 12:20

Want to be a ca

Dear sir/ Madam,

I have graduated with commerce subject (B.Com) with 46% marks in 2011. Can i enroll myself for the CA course? Is there any condition for such a low percentage in B.Com.
Please help me. I will be very thankful for your kind reply.

My Mail Address is sud.9021@yahoo.com and Mob. No. is 9803983540


manish sharma
26 April 2014 at 12:17

When to deduct tds

Sir,
I m a Service Provider my TDS is deducted By the Other Party Concern....
So My Doubt Is That whether to Record Tds Deducted at the Time of Bill Issue or Whenever The Payment Is received..
Sir Please Tell Me That...
It's Urgent....






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