my father along with 3 brothers and a sister sold a house in bangalore through court auction on 5th May 2013 for Rs.2.7 chores. Each got a share of 54 lakh. The property was purchased in 1908 by my father's grandfather. money was paid by court to sharers in Dec 2013. what is the tax implication
1.wheherservice tax is applicable on supply and fixing of digital printed flex boards ?
2. if answer yes to above under what catagory ?
3. the dealer is already registered under vat act in works contract and paying tax
and the receipient company is paying tax on works contract under reverse charge machanism whether receipient company is right?
4. whether this person sholud pay the tax under works contract service and what is the rate of abetment
Please provide me the solution..
There's an online tutor who is working for an online tutoring company.... he is supposed to receive 30,000 payment for his services in 2 equal instalments of 15,000 each...
His employer, i.e, the online tutoring co. has asked for his pan card...
Please explain the tax implications and why they have asked for pan card
a) is it for tds purpose
b) is it for service tax
under which section it applies.... please please explain.. is it safe to give pan card number...
My friend wants to intern in one of the big 4s but has no inside contacts. How do you suggest she go on about it? She scored 68.4% in IPCC. Does she have a chance there?
How PAN for Section 25 be applied Status will be as Company or AOP (Trust)
Please confirm
Dear Experts,
I would like to know what will be the Taxation treatment in the hands of Landlord for initial "Security Money" received from a Tenant..It will be refundable later on when the tenant vacates.
Pls guide me in details.
Thank You.
Wanted to know the entire process (approvals & permission) that needs to be followed by STPI unit (100% exporters) to do the Domestic Tariff Area (DTA) sale of goods & services.
Also wanted to know the implication of the same on transfer pricing policies of the company like margin %, credit period etc.
Its Urgent please share your thoughts quickly.
DEAR SIR/MADAM,
I have received notice, after file rectification in agriculture income 40000/-. (ITR 4)
I have received following notice u/S 154, so please suggest me, what will be do for this.
TAX HAS BEEN COMPUTED CORRECTLY, ON THE INCOME RETURNED BY THE ASSESEE. FRESH CLAIM FOR CHANGE OF INCOME IS NOT ALLOWABLE. U/S.154, AS
THE SAME IS NOT A MISTAKE APPARENT FROM RECORD. ANY SUCH CHANGES CAN BE MADE ONLY UNDER THE PROVISIONS OF SEC.139(5), OF THE INCOME TAX
ACT. HENCE, THE RECTIFICATION REQUEST CANNOT BE CONSIDERED AT CPC. THE RECTIFICATION RIGHTS, IN YOUR CASE ARE BEING TRANSFERRED TO YOUR
JURISDICTIONAL ASSESSING OFFICER. KINDLY CONTACT YOUR ASSESSING OFFICER FOR THE SAME.THE DETAILS OF THE JURISDICTIONAL ASSESSING OFFICER
ARE AVAILABLE ON THE WEBSITE http://www.incometaxindiaefiling.gov.in UNDER "SERVICES" - "KNOW YOUR JURISDICTIONAL A.O".
Sir My Ipcc exam eligibility is for Nov 2014..When will the new practice manual be released especially for indirect taxes & information technology. .. Only the study materials are hosted on the site...pls reply on the practice manual ?
(I)
section 42 read with rule 14 of Companies (Prospectus and Allotment of Securities) Rules, 2014, is this section applies to pvt ltd company?
and if a shareholder is director in pvt ltd co then can company accept loan from him?
thanks
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gains on sale of ancestral house