Is service tax collected by C&F Agent being service provider from an importer manufacturer on the services rendered at the time of importation of raw materials available as cenvat credit to manufacturer?
My aunt, aged 82 years, owns a flat in Mumbai and proposes to give the same on Leave and License(Rent). She is old and infirm and hence wishes to grant a special power of attorney to her daughter(who also resides in Mumbai).
The scope of the power of attorney would be:
1) to negotiate and finalise leave and license agreements,
2) to appear before the sub-registrar for registration of the leave and license agreements,
3) to receive security deposit and monthly rents and deposit the same in my aunt's bank accounts,
4) to represent my aunt before the housing co-operative society and sign all relevant documents relating to the leave and license.
My query is:
a) Whether such a power of attorney must necessarily be registered, if in Mumbai?
b) What would be the stamp duty applicable, in percentage terms, if the agreement is executed in Maharashtra?
c) Is a "notarised" power of attorney valid and acceptable in a court of law?
d) What do you advise as the most appropriate course of action?
Thanks in advance for your valuable feedback and advice.
Regards/Kapil
Dear Friends,
I am facing prob. in filing ITR-4. I have filled the details of House Property Loss (i.e. interest on loan taken) but the loss figure in not being carried to Computation sheet from the HP Schedule and thus resulting in wrong cal. of tax. Pls can anyone tell me the mistake being done by me?
Sir,
I have obtained membership number from ICAI and also applied for COP and I want to practise in individual capacity. I wanted to know is it necessary for me to take Firm Reg No. to employ an article under me. If yes let me know the procedure
dear expart
can any body explain me that log into efiling portal to see itr return form a error massage displays that file was damaged and could not be repaired and also
why ? replies me thanks
I m icwa inter Nirc topper jun-12 and 3rd rank all over india,
is there any reward from institution/another body ?
Dear all
I have Filed Form 1A & Selected 3 names
1). Mahesh Textiles Pvt Ltd
2). Mamta Designers Pvt Ltd
3). Ala Moda Textiles Pvt Ltd
But the form was required submission by mentioning the reason
" all names are closely resemble, furnish fresh names. Form should be resubmitted by 05/01/2013 failing which the eForm shall be treated as invalid and shall not be taken on record. (Please refer Regulation 17 of the Companies Regulation, 1956)"
Please guide in the concern matter
i had filled the tds returns for A Y 2012-13, under section 194(I), the client hires the machinery so he deducted TDS at 2%, we filled the return but the income tax office send the notice of short deduction & said to deduct the TDS at 20%, we are already deducted the TDS & also issued the TDS certificate , now tell me what to do ?
A trust formed 2 years before but not yet registered u/s. 12 A of the Income Tax Act, 1961. Now, is it possible to apply for exemption registration??
Thanks in advance
I would like to know that To claim deduction U/s 24 is it mandatory that the house property should be on the name of the Assessee or it can available even the house property is on the name of the Father(Dependent) of the Assessee?
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Cenvat credit