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?
Answer nowDear 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
Answer nowwe 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
As per sec 40 A (3), sum of Rs. more than 20,000 can not b paid in cash.
So my ques. is dat ?
Can we deposit more than 20,000 cash directly in Supplier's Bank A/c instead of cash paid to him.
is that allowable ?
Basic practical knowledge connected to creation of private limited company and what are effects on current business firm(Export Firm and Construction of Buildings) if its converted into a company ?
Dear Sir
whether a Chartered accountant holding COP can show services provided by him on his visiting Card/ sign board of office/ letter heads. For example a CA shows following line in his visiting card/ sign bord / letterhead-
services provided: Income Tax, Accounting, Auditing, service Tax
whether a CA do this or it amounts to misconduct ?
Kindly resolve my query.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
section 54F of Income tax Act 1961