Dear Sir,

I would like to know that if any body making online payment of direct tax thru internet banking, makes any mistake while filing any field, can he make correction after final payment.

If there is any other way to get it correct thru NSDL.

Hi....would anyone please ans. me on this query.
If octroi duty is paid by Party A on behalf of Party B and party B is repaying this to pary A In cash. The whole amount of payment in a day is exceedig limit of Rs. 20000/-.
Can above transaction be treated U/S 40A(3) of Income tax act.
Please ans. ASAP with details and Ref.

Thanks in advance.

ONE OF OUR CLIENT STARTED NEW BUSINESS FOR THAT THEY TAKEN BUILLDING FOR RENT.THEY FIXED FURNITURE ON WALL IT CAN'T BE REMOVED.(VALUE OF FURNITURE RS.40LAK).NOW THEY WNAT TO SHIFT THE BUSINESS PLACE.
1.THE FURNITURE FIXED NOT USED FOR TILL NOW.
NOW WHAT IS THE ACCOUNTING TREATMENT?

ONE OF MY CLIENT WHO IS REGISTERED WITH UP TRADE TAX ( SALES TAX ) HE HAS NOT BEEN FILING HIS VAT RETURN SINCE 2006 ONWARDS HE DOES NOT HAVE ANY SALE AND PURCASE DURING THE SAID PERIOD.

WHAT SHOULD HE DO NOW HE WANTS TO SURRENDER HIS SALES TAX NO AND WANTS TO GET DONE ASSESSESSEMENT OF THE SAID FINANCIAL YEAR.

SUBHASH SHARMA
ADVOCATE
M-9891338895

Respected experts,

What is the composition scheme under VAT. I've checked the sales invoices containing stamp of 'under composition' and found that no VAT is being charged from customers and vat composition rate of auditee is .25%. Please explain this.

Thanks

Sir,







My query is about to taxability of income under which head






One of my client say A pvt ltd has taken a building on rent from X pvt ltd for 18 years which may or may not be renewed after 18 years. A PVT LTD pays rent monthly to X PVT LTD as per agreement. . A PVT LTD has also given security deposit to X PVT LTD as per agreement which is refundable after 18 year without Interest or may continue for the same agreement for another 18 year if both parties mutually agree.







Again "A" PVT LTD has given that building on subletting to Z PVT LTD . My question is whether Rent & maintanence income received from Z PVT LTD is taxable under House Property or Business Income or Other Sources in the hands of "A" PVT LTD .







Please clarify this . Please give relevant case laws also



CA KAMAL KUMAR KHAITAN
BCOM(HONS), FCA
14/1, Sir Hariram Goenka St
Kolkata
9831387279
03322715089

which is the best book for income tax

any site providing notes and questions

I HAVE PURCHASED GOODS FROM INTERSTATE AGAINST C-FORM.

I HAVE BEEN CHARGED CST @ 1% AND @ 2% WITH DIFFERENT SUPPLIERS IN DELHI AND OTHER STATES.

I JUST WANT TO CONFIRM WHAT IS THE RATE OF CST NOW AGAINST FORM -C . IS IT 1% OR 2%.


SUBHASH SHARMA
ADVOCATE
M-9891338895

New TDS Rate With applicable from 1.10.09

TDS on Interest,
TDS on Transport Contractor
TDS on Rent & Brokerage & Commission Paid
TDS on Advertising Contarct.
TDS on Rent received (Plant & machinery) & Building.

Thanks

sir,
can we receive share application money from companys staffs in private limited company