sandeep
27 December 2012 at 15:46

Revision of belated return

Dear Sir

wrongly i have filed a wrong return of our most valuable client. the return was belated.
the issue is: Income u/h capital gain is not considered.
Please advice how can i make all good?



Anonymous
27 December 2012 at 15:38

Lta exemption

Dear Sir,

I went on leave during the f.y. 11-12 but have not claimed LTA. Now during the cy 12-13 I recd the LTA and submitted the bills of last year. Can I get the LTA exemption during the C.Y. 12-13 with the bill of last year.

thanks
nandu


Rahul Gupta
27 December 2012 at 15:35

Dtaa with china

Dear sir,
My case is that assessee import the goods from china through a person in china and paid commission to that person is taxable or not.
If its taxable then what is the tax rate u/s 195 and DTAA agreement.

Urgently


CA munna singh
27 December 2012 at 15:29

Regarding availment of service tax credit

whether service tax credit available on detention charges?

please provide source from where i could get reference in support of this.

regards,

munna singh.



Anonymous
27 December 2012 at 15:24

Hra and loss from house property

Hi, I live in Mumbai on rented house and own a house in Mumbai which i have let out on rent. Till last year i was claiming HRA benefit from my company and also claiming loss from house property on the interest amount on loan on rented house after adjusting for rent and other deductions. recently i have purchased another house in Dehradun where my mother lives. Please advice as to what tax benefit would i be eligible on my both the homes now. also can i continue to claim HRA benefit as i live on rent due to proximity to office.



Anonymous
27 December 2012 at 15:08

How to inflate corpus of huf

Hi,

I would like to create a HUF file for income tax purposes. We are a DINK. I would like to know how I can pump in money to start and subsequently inflate (substatially) my HUF corpus? I would like some way whereby me and my spouse could contribute to HUF without attracting clubbing provisions yet being able to create a substantial HUF corpus. I would not like to ask any of my family members or friends to contribute to my HUF and even if I do the sums would be too small to meet the objective.

Thank you.

P Gopal.


AK SIngh
27 December 2012 at 15:00

Capital gain tax

I booked a flat in 2007 for Rs 1150000/ and paid RS 400000/ in 2007-08
I paid Rs 750000/ IN 2008-09

I paid Rs 30000/ Maintenance per year there after up to mar 2011.

I sold flat in Dec 2012.

Query 1. While calculating index cost of flat the full cost (Rs 11.50 lacs) to be considered invested in 2007-08 and then indexation to be calculated or Only for indexation purpose investment to be considered as Rs 4 lacs for 2007-08 and 7.5 in 2008-09.

Query 2. Can Maintenance paid to society be considered as house maintenance and can be taken as cost of flat maintenance for capital gain purpose?



Anonymous
27 December 2012 at 14:53

Sale of ancestral property

my clients father has dead having the ancestral property, his family member 2 brother & his wife sold the property about 30 lacs, please suggest me in whose hands income will be taxed.


venkatesa prabhu
27 December 2012 at 14:48

Purchase return

In case Company is having EOU status and Imports Goods and duty had been charged in bond. now if company wants to return the goods whether duty need to be reversed which is charged earlier in bond same like section 26 in The Customs Act


shamsheer
27 December 2012 at 14:46

Revaised return

Dear sir,

I received a Demand Notice from Income tax Department for Late payment of interest. Interest payable for 26Q Q4 TDS of My company. I paid that amount after that i submitted a challan copy to ITD department. My question is after payment these interest amount is it must to revise the 26Q Q4 Return for updating the details or Not ?






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