We all know that for FY 2012-13 if turnover in the same year exceeds Rs. 1 cr than Tax Audit is applicable. But Applicability of VAT Audit is over 60 lakhs turnover. My query is does VAT Audit applicability attracts Tax Audit??? -please solve my query

Recently I find that one of my Friends is getting TDS deposited every year in his account. But since he is not an assessee to file return, he either did not claim TDS amount nor filed his Return for the past 5 years i.e., from AY 09-10 to till date, The total TDS amount is around Rs100000 for 5 Assessment Years. Is there any possibility to claim TDS amount of the past 5 years now? Plz Reply as soon as possible...... Regards, Arjun Segu

sir,i joined articleship just before 10 days.now i would like to join under new principal.if transfer is possible i would like to get transfer or if cancellation and new registration is possible then i would like to do the same.
are both transfer and cancellation(fresh registration) possible.if yes, suggest me the procedure of each alternative? and suggest me which one is better.

Will you please let me know is there any exemption for Service Tax Liabilities while we provide the Construction or Works Contract service to the Educational Institutions or Universities

Is Nursing Home taxable under Service Tax ? In Notification No. 12/2012, it is clearly stated the health care by a clinical establishment is exempt under service tax where clinical establishment means Hospital, Nursing Home, clinic etc....
Again some experts also comment it's a taxable service under Service tax w.e.f from 01.07.2012 as 'Health care' does not specifically cover health checkup or preventive check-up.
Kindly clear the matter .....

Hello

Can any one describe the definition of Plant & Equipment u/s 194 I (TDS on Rent= 2%)
Rent paid on hiring car is included in this section or not?????
Is it necessary to deduct TDS on rent paid for hiring car????

what is difference between conservatism and prudence

Plz provide me clarity over RCM applicable on advocates.... Whether RCM is applicable only on legal fees and not on DRT or out of pocket expenses? Thank u..

hello Sir,


My pan no. is BKOPG7885E
NAME NISA GUPTA
DOB 09/04/1982
FATHERS NAME AMIT GUPTA
ADDRESS 390 L BLOCK MANGOLPURI
DELHI 110083

AT THE TIME OF E FILING E TAX MY PAN NO. SHOWN INVALID PAN
PLS SOLVE MY PROBLEM IN DEPOSITING MY INCOME TAX


KINDLY REPLY ON incometax427@gmail.com

I have purchased a residential plot in May 1997 for Rs.12500 +2500(registry charges) in Indore.

In March 2013 the same plot was sold for Rs.15.10 lakhs. Amount recieved( Rs15.10 lakhs ) was reinvested by purchasing a new residential plot.

Please advise me tax liability is payable on capital gain or not? If any what would be the amount of tax liability, interest and penalty .And also suggest how to minimise the tax liability