Sir,

We are the customers of a foreign company which imported us their products last year. They have now decided to change the goods with the newer version of the goods and therefore, we have to send back to them the goods already imported. They now want to re-import the newer version of the goods. We want to know whether there is any exemption to pay custom duty on re-import of the newer version of the goods.

What is the Income tax implication if a daughter - in - law gifts an amount of rs. 150.000 to her Mother - in - law. Does the income tax defination of " Relative " cover the above ( Husband's lineal ascendent)

John

i m planing to start a data entry firm (partneship firm with 2 person) i ll be working for a firm from usa and i ll be having a contract with an Indian firm
and i ll be paid via cheque aprox rs 3 lacks per month
i specially wanna ask u regarding taxes aplicable:
service tax
tds
income tax
employes saleries or dily wages

what is tin no and how can i apply for

Hi all,

Pls help me with the tax treatment of Father and daughter. If the father purchases a land from the account of a minor daughter. Now the father is selling the land and the daughter has become major.
What is the taxablity and what would be the tax planning in this respect other than section 47 of the act.

Pls reply asap to richarsharma@gmail.com

thanks

Hi all,

Pls help me with the tax treatment of Father and daughter. If the father purchases a land from the account of a minor daughter. Now the father is selling the land and the daughter has become major.
What is the taxablity and what would be the tax planning in this respect other than section 47 of the act.

Pls reply asap to richarsharma@gmail.com

thanks

Membership of a co-operative society was transferred(in form of shares) which in effect lead to the transfer of immovable property.No registration of transfer of immovable property was made and hence no stamp duty was paid.
Does this transaction attract section 50C ?

how to calculate salary tds monthly

Hi all
if i am selling a gifted land what should I do apart from claiming exemption u/s54, in order to avoid the capital gain tax.

Please reply asap.

Thanks

Dear Sir,
We have purchased some goods from 100% EOU. They have charged us with BCD 7.5%,CVD 14%, Edu cess 2% on CVD, S&H Edu cess 1% on CVD,Edu cess 2% on T-Duty, S&H cess 1% on TD, Custom Cess 2%, Custom S&H cess 1%.

Please advice us which duties are available as cenvat credit to us.

You Replied:- All the duties like BCD , CVD Etc can be availed as cenvat credit and education cess can also be cliamed as input, but cess can be utilized to write off cess.

Under what authority BCD is available for cenvat credit? Please quote.