Under Income Tax Act, one can substitute FMV of listed equity shares as on 01.04.1981 as it's cost of acquisition if the shares were acquired prior to that date. However, can any one guide me where do I get (reliable and acceptable to ITO) market price of listed equity shares (for example HUL, L&T and similar other A category shares) as on 01.04.1981 ??? Does any website or database has such historic data ?? Even BSE has data unfortunately only from 1991 !!!!!

hi,


if i opt for a composition scheme under vat for works contract other than a construction contract charging 8% tax on vat will i be still be liable to pay service tax?

An individual provides services of renting of premises
to a company. The company pays rent at fixed rate.
As per agreement, sum paid towards rent is inclusive
of service tax i.e. service tax will be determined by
individual and rent received will be deemed to be
inclusive of service tax.

Query is how service tax will be computed

Amount of rent received divided by 112.36%*12.36%

or first, property tax will be deducted and from remaining
amount of rent received, aforesaid formula will be
applied.

In short query is whether property tax paid will be deducted
for determining service tax.

Is Tds deductible on ocean freight and other handling charges??? what if service tax have been charged on it?

If there is no tds deducted in this financial year, should we file nil return quartely.It is mandatory or not.

while i register a Pan under income tax ,i forgot to activate the link sent to the given mail.
Now i forgot the password and registered email id.
when i logging in to income tax account it shows " used id doesn't exist" and when i try to re-register it shows " this PAN is already registered"

How can solve this problem?

Our company head office in Maharashtra and other office at Gujarat if salary paid at Gujarat than which state PT rules applicable. But company does not register at Gujarat professional tax Act.

Dear Sir/Mam

Pls adv on the due date of payment of tds in case of company.
Any grace given if we pay online.

If there is a delay, pls adv the interest and late payment charges.

What is the formula to calculate interest?

Thnx
Gurvinder Singh

SIR I HAVE AN INVOICE IN MY HAND AND IN THAT SALES IS MADE AGANIST "C FORM" AND AS PER MY KNOWLEDGE WHEN 'C FORM" IS ISSUED AT THAT TIME LOCAL VAT RATE IS APPLICABLE STILL IN INVOICE CST @ 2% IS LEVIED.
SO PLZ GIVE ME CLEARIFICATION ABOUT THIS CONCEPT.

dear experts
i view my tds 26as 2 entry is U (unmatched)
i can claim this amounts ?????