Kindly let me know whether pre-mature withdrawal (within 5 years of investment)from Provident fund is taxable?

If yes, then is employee as well as employer contribution (both) taxable?

'A' have resigned from the directorship due to personnel problem. ROC has dispatched a notice U/s 159/166/210/220 of companies act.

X has purchased house property on 1/4/09 jointly in his name and his
father Y and his mother Z. All invested the funds equally.

Y, his father gifted his share 1/3 to son X on 2/4/09.

Z, his mother gifted her share 1/3 to son X on 1/10/09.

X got rent for April to September 2009 and same was shown in incometax return, 2/3 (his + father share).
Gift has been confirmed byparents, but registration formalities are not complete.
Can ITO say that as the
registration is not done, the property remains in three names and rent

X has sold a piece of land and invested in residential house fully, out of the sale proceeds of land.

The residential house was purchased in name of self - X and his son Y.

Dose he violate the conditions of Sec. 54F.

What are the valuation guidelines on DCF valuation?

Dear all,

Ours is a Manufaturing company, We have procured hand Pallet truck or Trolleyes costing Rs.15000/-. These are purly hand held and not machanical.

The life is explained to be one to two years.

Whether these should be treated as Assets of to be charged to revenue.

I want june - 2010 CPT Question & Answer. can any body mail me my email id - pawar_pinki@yahoo.com

we have regularly filled service tax returns st-3 , but have not filled any separate return for cenvat , we have received notice of service tax audit where they have mentioned st-3 and cenvat return as per rule9(7),
my question is st-3 includes return as per 9(7) or it some other return we have to file?

what will be the consequences in audit as we have not filled any separate return under 9(7) ?

Please explain:
Sec 292 with 372A Loans....
Sec 166 with 210 AGM....

We are providing consultancy services. We have awarded a job in canada. My questions are:
1. Service Tax is applicable at the time of billing to foreign client.

2. Accounting Enteries.

3. Tax Liabilites.

4. Any Mandatory Form(s) to be submitted to any relevant authority like RBI, Income Tax etc.

Please Help Me.

Thanks,

ARUN