Hi,

At the time of pre incorporation period means construction of the plant we need to capture the Input VAT or we need to directly booked WIP

The Finance Act, 2006 amended s. 80P whereby the Co-operative banks were not eligible for deduction. My query is that whether co-operative banks may be treated as primary agricultural societies/ rural development bank to claim deduction u/s 80P as they lend money to their members who are agriculturists and also carrying out the activites of development in the rural areas.

X is a citizen of India. Is working in US since 3 years. He has ESOP shares of American Company. He is planning to come to India in this year. He wants to sell those shares after coming to India once he gets good price of his shares

Whether gain is capital gain? Whether this gain is deemed to be arised in India or US? what is nature of treatment?

If we are getting the service from Labour supply.

Now if we reimburse the payment of Employer contribution towards PF.

will this reimburesment be covered under service tax????

i hv joined a middle level firm... for my article ship coz my frnds suggest that in that firm i hv an oppurtunity to learn verities of work.........so i adimt there idea and joined,,,,now some of my frnd joined big firm and now i m quiet confused....plz help me........i m vry nervous coz transfer is also not possible now........

I have purchased a property in Nov-2003 in joint name. my share was 40% which cost Rs. 1896012.00 & the same I have sold out in Nov-2009 with my share value of Rs. 2201200.00 (Sale consideration) but at that time it's present market value was Rs. 6248880.00 Pls tell me weither It will cover under Capital Gain Tsx or Not.
If yes how capital gain tax will be calculated (Pls describe me with illustration)
If there is any chance to save the Capital Gain Tax. (Pls provide me the complete procedure in detail.)

The Assessee is a real estate broker. He receives commission/ brokerage on the properties that he sells. Also, as a part of the real estate business, sometimes he has to pay a certain amount from the brokerage/ commission that he receives to the ultimate seller, so that the seller benefits in terms of discount (i.e. the amount given by the broker from his commission). AO holds that the discount given to seller is a diversion of commission and therefore, TDS is to be deducted. Is the AO justified in doing soor not? Are there any pertinent case laws similar to this situation?

Can any one provide a case law for disallowance by an income tax offices on the basis of the NP, GP ratio.. which can fight against such disallowance...

please send..

Hi,

Our company has done Insurance for Employees & their dependents, premium paid 5 Lakh + Service Tax of Rs. 51,500/-.

My question is this Can our company take service tax input credit of Rs. 51,500/- or not, please explain.

Thanks & waiting for your reply...

Dalton

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?