We have a house wherein the holding was in ratio of 60:20:20, wherein my grandfather had 60% stake and remaining 20 % held by his 2 sons. He now gifted 30% to each of the son making the current holding 50:50 for both the sons. we have paid the stamp duty, would there be income tax applicable as it a gift from father to son. a gift deed is made for the same. please suggest.
Sir
One of our Client is having two business
1] Sale of Tax free Goods
2] sale of Poultry feeds
In first case turnover is not exceeding 40 lac
In second case turnover exceed 40lac but there is no Vat on sale or purchase.
As there is sale of tax free goods only.....
so is Vat Audit Apllicable under M Vat Act?
my client provides service of assembling of verious parts of product.He does not add any type of raw material.He only provides labour services. whether service tax is applicable on this service?
hello sir
i m student of pcc.and i was registered in pcc in 31 dec 2007.and i terminated my articleship under particular ca on 27march and joined other ca on 10 may.so i want to know after all this above leave whether i am egible to appear the pcc on nov 2009.
i am working with a logistics comoany
can plz anyone advise me that what are the special points that have to be borne in mind while classifying groups and sub-groups and any specific advises for logistics company, if any.
Plz revert back soon.
hello all,
I have just cleared my cpt.So plzz help me to choose from PCC or IPCC course!PLZZZ
Hi
I am Pavan Working in an IT company as a Consultant ,they are paying me by deducting TDS of 10.3 % from my salary . Now if i want to claim for IT Returns what are the document can i submit for the IT Returns.
I mean can i keep the documents like
1. House Rental Receipts /House Rental agreement
2.Medical Bills
3.Insurance Premieum Bills
Can U guide me regarding this and For Much can I claim For it
we have entered an marketing service agreement with another co , for which they give us manpower and marketing service, here my question what is rate of tds deduction.
Dear All,
An Employee has claimed till date Interest on home loan and repayment of Home loan. Now in December ,he sold this home. Now what treatment , we have to do.
Now he submitted Rent Slip on December onwards for HRA Exemption.
Please suggest what treatment we have to do.
CA. B.K.BANSAL
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Information regarding DIN - 2 & DIN - 3.