Requiring help in understanding the wording of section 54F. One of the clauses under 54F which has to be fulfilled to claim tax exemption by purchasing property is that the purchaser should not "own more than one residential house". What does the word "own" mean? Does it mean not more than one residential house should be registered in his/her name? There can be a case where the purchaser had purchased a residential house but not yet registered in his/her name. In that case will that property be counted as a "owned" property?
1-i am doing propraitory business in the status of huf already having pa/c no of huf also having tan no pnek05934f in the status of huf whehter i have to registered in status huf or ind for online upload of etds filing.
2-which pancard huf or individual will be required for digital signature to upload online etds returns as tan no is in status of huf pl reply soon
Dear Sirs,
We are a manufacturing unit in South India. We imported a machine in Sept 2013 and paid Import duty. We used the machine in production and now want to re export it. Will we be able to recover the import duty paid at the time of Importation and if yes then how much of it. Please mention the relevant sections as well for the reference.
Also, we have some local buyers for the machine, but in that case, will it be possible to recover / pass the Cenvat credit. if yes, please mention the sections/provisions in the law.
What is the procedure in both the above cases and which one to be adopted.
Thanks.
dear sir,
kindly explain how to calculate service tax on commercial construction activity.
please explain with example.
Thanking you
Dinesh Acharya
I Genrate the TDS return form 27A. SO tell me where its submitted. I want to know address in pune of respective TDS form 27A submission.
Dear Experts
My Auntie just retired from a PSU and received a sum of Rs. 10,00,600.00 as gratuity. Her service period was 34 completed years. At the time of retirement her Basic + DA was of Rs. 48162.00 but she received her last salary of Rs. 16054.07 (Basic + DA) for the M/O Feb 14 for 10 days only and received Rs. 48162.00 (Basic + DA) for the M/O Jan'14 . Now my question is to calculate exempt gratuity should I calculate 16054.07/26*15*34=314908.00 or 48162.00/26*15*34=944720.00. Please help me to calculate taxable gratuity.
Thanks in Advance.
if a company has done export sales and suppose it has billed 1000 usd @ 59 and received 950 usd @ 60. then at which usd we should apply the foreign exchange rate difference i.e. 1 ( 60-59). for the purpose of calculating foreign exchange fluctuation gain.kindly reply.
Due to applicability of company act, 2013 in cs preofessional exams how it has ( chapter wise) affected subjects of cs professioanls..
A Travel Agent Company raised a bill on a Company of Rs.1,12,987/- (including Rs.3,387/- for Service Tax @3.09%)for Hotel Rooms Booking & AC Bus for transportation. Weather TDS is deductible on this bill, if
(a).If amount for hotel rooms & Bus Fair are not shown separately in the bill.
(b).If amount for hotel rooms & Bus Fair are shown separately in the bill.
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Is it Mandatory for a government deductor to deduct TDS on salary in each and every quarter (or) we can deduct on the whole salary in the last quarter?
If we deduct TDS on salary of government employee in last quarter then for the remaining three quarters a nil return to be filed ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 54/54f