IS there any diff. between capital redemption reserve and debenture redemption reserve?
i have recd an intimation u/s 143(1) with demand and the demand is ok. and accordingly i have paid the tax with interest and the same shown in the form 26as. now can i file rectification by adding challan. the income tax department still shown demand of the same amount eventhough the same is paying by me.
pls reply as soon as possibel.
thanking u
Respected Sir/Madam....
As i know the procedure for surrender the PAN Number of Partnership Firm i.e. dissolution deed and apply to Income tax department but there is little bit confusion...
One of my client had get the PAN number, registered date 01/01/2012, till then his earlier consultant with whom my client is concern had not file any return and now the consultant is not in the contact of my client.
now client told me the story regarding this firm creation and good thing is that there is no transaction in the name of the said Partnership Firm.
now my question is...
what is the procedure for this kind of company surrender...???
do i need to file the return of income??
if yes then for ass. year 2012-13.. how is it possible???
thanks
Interest accrued but not due to a scheduled bank will fall under ambit of 43B items or not?
Hi,
I am an individual and received a property from my father as a gift by proper forming gift deed and paying stamp duty.
Now i am married and want to create my own HUF in that case can i pay rent to my own HUF and avail HRA exemption as i am salaried person.
Point to keep in mind :- Property is in the name of me being individual not my HUF as that was not exist that time.
I will pay rent to my own HUF and will take HRA exemption on the basis of that?
Please resolve the query and also let me knwo if i require to transfer property to my HUF?
Due to Password problem i have given application on 8/4/14 to give new PW. But he dosent give us but we have make the required tax pmt within due date so i cant file return till 30th. accordingly he has given on 3rd may 14& we have filled the return on 7th may for April 14& May 14. Now my Question is that whether we have to pay the late filling of return penalty and if yes how much.
Dear sir,
i need the clarification regarding the cenvat credit availment and utilisation on cenvat credit on input service and capital goods.
Basically we are in construction of buildings and selling to the customers i.e we are a developer and builder.
we avail the abatement 75%, and pay ST @ 3.09% on the receipts. I have a query whether i am eligible to avail the cenvat credit on input service and capital goods even after availing abatement.
please clarify at the earliest.
with regards,
R. Gurucharan.
DEAR SAMPAT SIR,
I HAVE RECEIVED YOUR REPLY.BUT YOU DID NOT INFORM ME HOW I CAN GET BACK THE TDS AMOUNT.
IS THERE ANY WAY LIKE APPLYING TO COMMISSIONER OF INCOME TAX FOR REVISION U/S 264 ,IF THAT BE SO, THEN CAN YOU KINDLY FORWAR ME A PROFORMA COPY OF REVISION TO COMMISSIONER OF INCOME TAX APPEAL, PLEASE HELP.
WITH REGARDS,
DEBABROTA ROY
a client had made an registered agreement with his customer in 2012 but the property was not registered and now the customer wants the property to be registered but due to increase in circle rate the value of the property has increased.Now the question arises that on what amount will the builder has to pay tax, on old value or new value ?
TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?
Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.
Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?
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