dear Sir,
one of my client receive notice from income tax department on AIR transaction.
he invest 2 lac in mutual fund of icici pru.
But he not filed AIR, nor he mentioned this in income tax return f.y.2009-2010.
now sir plz suggest how can i help him.
what points should i put in front of concerned officer,
Lease agreement, duly executed and registered in India, for leasing of office premises by Indian resident, with company Registered abroad and having business address in India. is tds applicable if a) rent received in rupees from the co or from ant one on behalf of the co b) rent received in dollars from abroad from director's personnel a/c.
Hey
Anyone can tell me any relevant case laws regarding followings
Father HUF is dissolving.
HUF property are transfered.
Such HUF property should be transfer to member's individual account or to member's personnel HUF?
And what is tax benefits in both options.
Thank u so much in advance
hello sir now im doing ca, i have a doubt can a m.com & B.G.L graduate practice as a auditor ( tax practioner )
is their eligible please give me a advice
Provision of Gujarat VAT Act, 2003 Sec.3(1)(iii) - Incidence of Tax is as under:
"Subject to the provisions of this Act, every dealer whose total turnover and taxable turnover in any year first exceed the thresholds of turnover (i.e. Total turnover exceeds Five lacs and Taxable turnover exceeds Ten thousand), shall be liable to pay tax in accordance with the provisions of this Act."
Does the word in above provision "in any year first exceed" mean that the exemption limit of Threshold turnover will be available every year to the dealer, means at the beginning of each financial year dealer will be allowed exemption from collecting and paying VAT up to the threshold limit. Or it means that in any preceding year, if turnover of dealer exceed the threshold limit then he will have to collect and pay VAT and no any exemption of threshold limit will be allowed in next financial years.
And what will be the fate of the input tax paid on the stock lying on the date, when the dealer will become liable to collect and pay VAT as per Sec.3(1)(iii).
Hi, I have filed an service tax return one year ago and the status of the same is shown as 'Filed'. But today inadvertantly had done something and the status of the same return is showing as 'save'. (I do not know the cause). How can I fix this problem ?
If a bank employee during the course of employment has been awarded a foreign trip wherein accomodation food boarding lodging tickets are arranged by bank and some amount say Rs 50000 given in cash for expenses at tour , whether this entire arrangement will be taxable ? if yes, How ?
Sir,
Newly incorporated Pvt. Ltd. Company, in the business line of Booking/Selling for Abroad Travel Packages, individually or groups or corporate bookings, received ROC registration certificate, is any other statutory registrations to be obtained, please guide, with thanks.
P. RAJASEKHAR
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tour and travel