on what grounds can the release of jewellary siezed during search be rejected after the CIT (A) has accepted assesse's appeal but if the dept has gone into appeal in the ITAT?penalty proceedings were initiated at the time of assessment.
Answer nowhello friendzzzzzz
plz help me out from this problem....
there is difference in valuation in value of building in cost incurred by assessee and valuation made by valuation officer.
now my quest is whether how much variation in terms of percentage is allowed b/w two valuations
example valuation made by assesee--rs50 lac
valua by valuation officer rs60 lac
we are of opinion that 10% variation is reasonable and justified
and there is no need of addition made by A.O
plz explain it with decided cases also,if any...
thankx
My grandfather had given my dad some shares of grasim India but they never got transferred in my dads name.My grandfather passed away in 94 and my dad passed away in 2008.
My grandfather left no will. My grandmother is still alive though.
what can i do in this regard.
Please advise.
Aman is a proprietory Construction firm.
suppose gross receipts Rs. 40 lakhs from a telecom company
can i classify the workdone/receipts into labour 33% & other i.e. transportation, material & site expenses 67%
which part is applicable & which part is not applicable for service tax.
ie. means of service tax working
pls explain
*My Business Place : Delhi
*Customer Place : Karnatka
*Vendor Place : Karnatka
*Sales Invoice raised to cutomer at Karnatka address from my office i.e Delhi
*Purchase invoice received from vendor at my delhi address
* Physical movement within karnatka
MY QUESTION
# CST will be applied or not
# If not,than DVAT or KVAT
# If Kvat, How Input can be taken
# If Kvat, In which state return to be submitted
# If in delhi, how it is possible to submitt the return of KVAT in delhi
# If in Karnatla, how it is possible to submitt the return becouse of not registered in Karnatka state
Whether withholding tax under Sec195 for Reimbursement of expenses on cost to cost basis would apply.
Answer now
can the articleship of three years after ipcc be completed outside india?in countries like uae for example?
requesting your valuable replies, to all experts
thanks in advance
Please Advice Me whether a person whose income exceeds Rs 40 Lakhs by combining 2 incomes(One From Manufacturing Activity & Consultancy Services)is Covered under Sec 44AB??? Plaease mention the Case Laws for the refrence.
Answer nowHello,
Can u pls guide me on this ?
Assessment order passed. additions were made. penatly proceedings have been initiated.
We agree to additions but we have not at all evade the tax.
LTCG - added in our income. additions is correct
but we by mistake that share added in another co-owner. which proves that we nt having intention to avoid tax.
now what we can do ?
whether to file an appeal or not ? do reply its urgemnt
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
release of seized material