Suman Kumar Agrawal
01 December 2012 at 14:41

Stamp duty on bank loan

My Client has taken a loan Rs. 1 Crore( CC & BG) & Mortgage property Value Rs. 70 Lakhs in it.
How Much Value of Stamp Paper Required on it.Bank has been demanding stamp of Rs 1 Lakh

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sachin
01 December 2012 at 13:49

Signing power

can a ca holding cop and in full time eemployment in ca firm , sign tax audit

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Gurmeet Singh
01 December 2012 at 13:24

It equipments on rentals

Dear Sir / Madam,

Our Company has given below said IT Equipments on Rentals whereas the Ownership and Possession is with the company only right to use the equipment is transfered (without operator) to the Customer:

1.Computer (servers) with Operating system and softwares
2.Printer
3.Powersupply ( UPS)
4.Display device, keyboard, mouse
5.Client Machines with operating system and proprietary software

Can you please help me with the below queries:

1.MVAT Rate on such rental incomes.
2.Why MVAT Rate should not be 12.50%
3.Schedule under which the above will be covered.

Please help.

Regards,
Gurmeet Rohra

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mansukh S.dholu
30 November 2012 at 17:42

Survey u/s 133a

servey by income tax on 18/01/2012 & Disclosed Rs.2,50,00,000.by negative cash.

my Question is as Under.

1) my Regular T.o is Below Rs,60,00,000/-

Can I File Return U/s 44AD

2)Can Scrutiny is Compalsory in Servey Case?

3)How Can Entry made in Books Of A/c Of Disclosed Income

4) How Can Treat In return of income as a Income from other or business

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Ravi Kumar
29 November 2012 at 17:52

Section 195 clarification

Our's a manufacturing Company remitting some USD to Non Resident Company(Germany). NR Company maintaining a website where our range of products will be displayed and for this purpose we are remitting the sum. This is sort of subscription charges paid to them. NR has no PE in India My Question is Whether TDS required to be deducted on the remittance?
Pls give your valuable openion on the same

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Mahendra Choudhary
29 November 2012 at 12:22

Help

Hey,

Anybody know,

Best Coaching Institute if IAS in Ahmedabad......????????

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Dhaval
29 November 2012 at 12:08

Excisable rm adjustments

Hi All...

We are into mfg unit.......we had a physical stock taking last month and based on which we found diff between System stock (ERP) and Physical count.

How we can account physical stock in the system considering Excise Impact ??? we have the provision in the system to account Adjustment entry but my only concern is of Excise Impact.

Pls guide !!!

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N. Patidar
29 November 2012 at 11:03

Transfer of company

ABC Ltd. is holding only one immovable property costing Rs. 25.00 Lacs since 2001. The Capital structure of the Company is Share Capital 1.00 Lacs and Unsecured deposits from directors and relatives of directors Rs. 24.00 Lacs. Now the comapny transferred 1.00 Shares to Mr X, Y, & Z at Rs. 1.00 and withdrawn Rs. 24.00 Lacs from Comapny and new promoter introduce Rs. 24.00 lacs. What will be the tax complications of Capital Gain. Plese quote relevant case laws

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T.M.Prabu
28 November 2012 at 19:41

Determination of tax



Dear sir,


whether or not attract interest on late furnishing the return of income in the following case?

A individual is not submitting the return of income for the assessment year 2011 - 12 in the assessment year 2012 - 13.

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SANJAY KUMAR AGARWAL
28 November 2012 at 12:57

Sale of agricultural/residential

If an agricultural land was purchased in 2008 for Rs. 500000/- .in 2012 the land is sold for Rs. 100000/- as residential land.
Will the profit is taxable as capital gain or not.

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