Mr.X resides in India & he & his wife received cash,as gift from his son who is residing in foreign out of his tax free income.IS Cash received from son is taxable in hands of Mr X & his wife.
I want to file my a.y.2012-13 ITR-4,
I have long term loss from shares of rs.25000,
and short term loss from shares loss of rs.10000,
in itr form where this mention
please help
Hello everyone,
one of my client was doing advertising business under proprietorship.
he formed a pvt ltd company fin fy 12-13. he divided his business between proprietorship firm and co.
fixed assets like computers, printers, air conditioner, vehicle which are in his personal name are actually used by the company.
My question :
how to transfer assets in the books of the company to claim depreciation ?
i had filed my income tax return for a.y.2012-13 in 25th august 2012. but i failed to send my itr signed copy to banglore cpc.
then they mailed me to submit your itr signed copy.
but unfortunetly i missed it not the period of 120 days had ended and still i havent sent it.
what should i do with this problem. shall i sent this again to cpc valid or not or revised the same return and send both copies of signed itr please its urgent
Charitable trust has invested money in fixed deposit in bank.. what is the tax implication for the same. whether it should be considered as application of income or not?
plz solve it urgently..
Assessee is a Logistic company. The Company is charging and receiving service tax on some bills on which the service receiver is not ready to pay service tax directly to Govt as Service receiver. Company is not charging service tax on other bills as the person who pays freight is liable to pay service tax and they are discharging there liability. Whether to fill service tax return under Goods transport Agency Service or Goods Transport Operator Service in ST-3.
Dear Experts,
I have filled my director’s service tax return for period April 2012 to June 2012. . I was forgetting that this year service tax department allowed return for only first quarter not for half yearly. But in ignorance I have filled amount April 2012 to Sep 2012 instead of April to June 2012.
Now I realized my mistake when I ready to fill my second quarter return. I have tried to revise my return but not able to revised as it’s passed 90 days.
Kindly guide me what should I do, so I can revise service tax return. My director turnover is less than 10lacs.
Help me please…
Thanks
Dear Sir,
i had take refund for F/y 2007-08 through Demand Draft, but Demand Draft was missed after Scrutiny of my Income Tax Refund and found the above noted so plz help me that i can claim for Refund and what is process for same.
DIFFERENCE BETWEEN RULE 18 REFUND OF THE CENTRAL EXCISE RULES 2002 AND THE DRAW BACK UNDER THE DRAW BACK RULES 1995
ARE BOTH THE SAME? IF SO WHICH WILL BE BENEFICIAL TO THE ASSESSEE?
PLEASE HELP ME IN THIS ISSUE
THANKS IN ADVANCE
PLEASE EXPERTS
A company had taken loan for purchasing a property. Till registration, the interest paid by the company had been capitalised to the cost of the asset. Now after registration of the property, what would be the treatment of loan which the company is paying on the loan amount? Can it still capitalise the interest and add to the value of asset or it would be a revenue expenditure?
Taxability of cash received as gift from son residing in for