I m in the business of investing in rooms & selling it within a year. I don't purchase it from any Builder, I purchase it from individual parties and sell also to individual parties. My query is whether,

a) Vat is applicable to me?
b) Till now I was filing my return under capital gains, now whether I have to file income tax under Business or Profession as the volume of dealing has increased considerably.

Please clarify

Zamir shaikh

As per the ammended provisions for FY:2012-2013, we need to report the details of specified domestic transaction (SDT) in the revised form 3CEB.

There are no such transactions during the reporting period.

My issue is, the form is not getting validated if we do not enter any figures in part C of the form.

Kindly Help how to proceed in this case.

Thanks and regards
Himanshu Patel

Dear All,

I have interacted a problem that I have forgot the password for logging in Incometax site and i have filed return manually in earlier years but now i have to 26AS credit onsite but when i am going option of "FORGOT PASSWORD" then they require the efilling acknowledgement number which is not available, how i will get the Password?

please help me providing the details.

In the Case of reverse charge mechanism, if the assessee has received an invoice, say in February but has made the payment on 31st March,than the Service tax liability as per the Reverse charge mechanism rules will arise on 31st March only.
Also, the right to recognize the Service tax paid as an asset will arise only on date of payment of the tax to the department by the service recipient.
In such a case what will be the treatment if the service tax is paid after year end ie. 31st March.
As on balance sheet date there is a liability to pay but the right to claim cenvat credit does not exist.
So what will be the treatment in books of accounts??

one of private internat service provider provide us internate service.For providing same they have made some installation and raised bill for same. they are also raising bills for monthly usage charges. is tds deductable on internate usage charges and installation charges. if yes then under which sec 194c or 194 j ?

On whose name DD condonation of delay in submission of FORM-112,will be drawn.?

1.) What is the meaning of Paypod Shareholders?
2.) Detailed Check list for Trasnfer of Shares as per law /RBI

Hello Friends,

Our Company Is going to increased its authorised and paid up capital from Rs.4 to Rs.10Crore.Because of increase in capital, shall we require to follow any compliance(except appointment of CS) under Present Company Act? Please provide capital base compliance list.
Thanks in advance.

hello friends,

Our Company(Pvt Ltd) is going to increase its authorized and paid capital from Rs. 4 to Rs.10Crore. As CS, shall we require to follow more compliance under Present Company Act? Please provide details.
Thanks in advance.

sir purchase of approns for staff and workers should be debited which account?