The assesse expired in the month of feb 08:
1)Whether 2 return has to be filled i.e from april 07 to feb 08 and other for the month of march 08.
2) If any tax liability arises in the 1st return who will bear the same.
3) Both the returns will be signed by the representative assessee.
What is the present status of Income Tax in Sikkim.
I am paying some commission to a Sikkim resident but he doesnot have any PAN as he say that Income Tax is not applicable. What should i do?? Please reply fast
one of our client is having registered office at New Delhi.
Now it is to be shifted to Mumbai,Maharashtra.
Directors have also passed resolution for the same.
Now I need to file form no. 18 online.
My query is that, whether I have to pay any fees along with the same or have to make franking on the form ?
If Yes, What will be the amount of franking ?
&
what will be the further procedure to be followed, if any ?
when a director is called additional director?
How he/she is appointed & terminated in a private company.
i have to import some material from italy. The material will be sent from italy to its office in kolkata. The indian office will then bill the material to me indicating custom duty, CVD etc. My company is not excise registered. In this case can i pass on CENVAT to my end contumer by doing a Sale-in-transit transaction.
By this method even being non excise registered company we are able to pass on CENVAT benefit to the end user in case of indegineous manufacturer. Is it possible to do this in similar fashion in case of imported supply and passing on the CENVAT.
Kindly advise.
Regards,
Amit.
Dear Sir
Please clarify Freight Charges should be mention either before excise duty or after excise duty. if any rule please tell me rule No.
Durga prasad garaga
We want to Import machine fist time from outside of India through Ship or Air.
So, where and when we have to send waybill if we import through Ship or Air.
in case of a family consisting a father,mother and 3 sons. if the father expires with /without a will then who will responsible for his return filling
Plz. answer the followings:-
1)Is there any limit on deposit in a S.B. A/C ?
2)Is there any limit on deposit in a CURRENT A/C ?
The query is regarding Section 50C. Due to restrictions under Urban Land sealing Act, the Assessee could not get full value of consideration (i.e. Stamp value). This is because the buyer is ready to pay tenancy charges to the current tenant to surrender their rights. This amount is reduced from consideration.
Example:- Mr.X has purchased Land for Rs.20 Lakhs to which provisions of Urban Land sealing Act, (Stamp Value Rs.50 Lakhs) with a condition to pay for the surrender of the tenancy rights to the respective tenants whenever and whatever manner Mr. X thinks fit. Whether Section 50C is applicable & how to calculate Capital Gain in such cases?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Income Tax Return Filling