Anonymous
06 October 2013 at 12:32

Wealth tax

Is there any wealth tax on urban agricultural land i.e. a land where agricultural activities are done but falls within the municipal limits?


venkata subbarao kolla
06 October 2013 at 12:31

Reset password to new principal contact

I have tried so many in respect of a client whose password is required to be reset.The password is still going to the Registered e mail. My client is not in a position to provide password, as it is not known to him. Further, the client has never e filed.

How the new option to reset password to New Principal contact works?

Can any body clarify?



Anonymous
06 October 2013 at 12:18

Agricultural land

A company is engaged in agricultural activities on a land which was not within the municipal limits till AY 2013-14. Now the land has been included in Municipal Limits w.e.f. 01st May 2013. Would there be any wealth tax on such land now?

Also please suggest whether the agricultural income on such land would be exempt or not from Income Tax now?


CA. Vishal Gupta

my banker contact me to verify the income tax return which were received by them for loan. how i can verify the returns .



Anonymous
06 October 2013 at 12:01

Gift/ source of gift is not explainable.

Res. xperts Good Morning.

In AY 2013-14 if we show any income as petty cash gift received offered for taxation which is Rs. 49000 or Rs 75000 (i.e below 50000 or above 50000) & proof or receipts of these incomes are not maintained. Is it is possible for AO to imposed 30% (in scrutiny or on findings) on that type of any income which is not proofed as a genuine receipt or income.


ROHIT
06 October 2013 at 11:08

Audit

whar will happen if the audit conduted by ca is a not a ca and he conducted the audit notice received and case fixed at income tax is there any remedies to avoide penelty of 271



Anonymous
06 October 2013 at 11:05

Supply and elasticity of supply

what happens to supply when the price of cheese goes up from $50 per kg. to $55 per kg.?
answer:supply extends

but,as per the statement
"if producers expect that prices are going to increase in future they decrease the supply now"
is this statement considering regarding prices of factors of productoion or anything else?
please explain!


Vikram

My freind doing jobwork that provide service to automobile and sometimes provide material ...but mainly service providing..he want to get service tax no. .can he get service tax no. And how can he get service tax no ? Could you please suggest me procedure list of document required ? And how much exp must be incurre ?


YOGESH
06 October 2013 at 11:01

Tds provision exemption

Is assesse exempt from TDS provision in 1st year of business, if yes then under which section it is covered? plz help me out in solving my doubt..



Anonymous
06 October 2013 at 10:41

Elasticity of demand

given the demand function Q = 20P, the elasticity of demand at p=20 would be -1.
how?
please explain...!






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