gautam
26 July 2013 at 15:34

Notice pay taxation

My company stopped operations and I received Notice Pay rs.45,322.00. is it taxable. If not under taxable then which IT section to claim deduction



Anonymous

Co-op Banks provides service to the Maharashtra State Electricity Distribution Company Limited in the form of accepting electricity bills from consumers on the basic of commission and bank demanded service tax on said commission so, whether service tax is applicable on such transaction or not. if applicable then please suggest who will responsible for payment of service tax liability.

please suggest.



Anonymous
26 July 2013 at 15:11

Capital gains

sale consideration received on sale of land deposited into a bank account out of which part of the amount withdrawn by self cheque & used for personal expenses and now he is willing to invest the whole of the sales consideration including the part amount already withdrawn by him through self cheque, into capital gain account scheme to save the whole of the capital gain. whether it is permissible?? whether the amount already withdrawn by him through self cheque and utilised for the purpose will make any difference for the purpose of exemption??



Anonymous
26 July 2013 at 15:11

Tough

ABC Italy and ABC India are related parties. ABC Italy is supplying axles to ABC India and ABC India in turn makes high sea sale of these axles to TAFE India, an unrelated party. Subsequently at end of the year, ABC India is paying price increase as part of transfer price adjustment to ABC Italy for the supplies made by them during the accounting year. Comment on impact of the same on the customs duty liability on the import transaction involved in above.

Please provide the answer with complete provisions.


Salil Arora
26 July 2013 at 15:06

Audit u/s 44 ab

I have queries related to Audit under section 44 AB and it goes like this:

The assessee is a proprietorship concern engaged in software development and has earned revenue of Rs 34 lacs during F.Y. 2012-13. My Questions are:

1. Whether the activity of software development is a business or profession?

2. Should we also read section 44 AA along with Section 44 AB to determine whether it is business or profession? Section 194 J also talks about specified profession and it includes information technology . But section 44 AB is silent on this.

3.And if it is a profession it is liable to audit for A.Y. 2013-14 As it crosses Rs 25 lac



Anonymous
26 July 2013 at 15:04

Capital gains

sale of land taken place on 21/03/2013, part of sale consideration received in advance in the month of june & july 2012 & remained unutilised till today. Whether the amount received in advance can be utilised for investment in capital gain account scheme before filling of return to save the capital gain arising on the sale of land??



Anonymous
26 July 2013 at 15:01

Invalid server cerificate in chrome

I have been using Google chrome as browser. income tax site is opening but when i click on file Income Tax return, the page is not opening and its showing invalid server certificate.
Can any one help me in knowing this issue n how to fix it.
Please help as i have to file return by 31.7.2013


samscool
26 July 2013 at 14:57

Last date of tds return

Dear Sir/Madam,

Please tell me what was the last date of Filing of TDS Return for the f y 2012-13 q-3

please advise

regards shekhar arya


shobha s

please help me to draft a memorandum of association & aricles of association for a pvt ltd company providing coaching classes.


PRADEEP KUMAR SINGH

Dear sir/madam

i m pradeep..... file income tax return online last few years.....but now my ca has died nd my login id password nd other requirement to change the password also has gone with him.

online income tax return is mandatory for me

plz tell the how can i resolve this problem.........there is any possibility to re-register my pan no. again on income tax website..........................i have worry abt this .......plz help me out






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