pardeep jain
This Query has 2 replies

This Query has 2 replies

12 December 2007 at 19:56

Agriculture Income

what will be suffecient proff for the rent received for the Agriculture Land which is used for Agriculture Purpose. (2) if a person sells his Agriculture produce to the consumers directly how can he prove that receipts are from sale of Agriculture produce.


pardeep jain
This Query has 4 replies

This Query has 4 replies

12 December 2007 at 19:48

Interest & Installment on house loan

Respected sir,
if X is a Individual he has two sons say A & B. X is owner of a house property . a bank has sanctioned a House loan on the aforsaid house for renovation purpose of Rs. 5 lacs in the joint name of Mr. X , A and B ., and issued a DD of Rs. 5 Lacs in Favour of Mr. A . now Mr. A withdrawl Rs. 5 Lacs in Cash and utilize the money for renovation of house. Now mr. A is paying EMI( Installment + Interest) through cheques to the bank for repayment of loan. now how the balance sheet of Mr. A and Mr. X will be Prepared to show the outstanding loan and capital addition in the value of the house property. please tell me also that if any of the above person can take the benefit of interest payment on loan for the rent received on the house property.


vimal
This Query has 2 replies

This Query has 2 replies

if someone show his share (Delivery) basis as the business income,(there was loss)in last year. now in current year this income/loss can be shown as investment.


harshit
This Query has 2 replies

This Query has 2 replies

we deducted tds from party, but not deposited into bank. (deducted on 10-12-07).

party showing "Certifiate u/s 197(1) of the IT Act,1961 authorising non-deduction of Tax at source (on 12-12-07)

Now, we are paid the tds (deducted amount) to party or any thing?

please tell me the solutions immediately sir.


Pankaj Gupta
This Query has 16 replies

This Query has 16 replies

12 December 2007 at 14:42

Help in MAFA required.

Dear Sir/Ma'am,

I am preparing for May 08 exams.Request you to pls. provide me the soft copy for preparation of the MAFA Theory (important & expected questions)as well as Problems & Solutions for MAFA.

Pls. help and oblige!!!!

Pankaj_1512@yahoo.co.in


SUMAHANDE
This Query has 3 replies

This Query has 3 replies

12 December 2007 at 14:23

Direct tax payments

From 01.01.08, is it necessary to pay all taxes i.e. TDS, Advance Income Tax, Advance FBT ... etc through on-line by compay assessee? Kindly let me know about the notification number, date ... etc.


prasad reddy
This Query has 2 replies

This Query has 2 replies

12 December 2007 at 14:10

tax deducted at source

when the refundable deposit with the owner gets adjusted with the last month rent, tenant can not able to deduct tax at source

what is the treatment for the above


Sanath Kumar
This Query has 3 replies

This Query has 3 replies

Is service tax applicable on purely labour oriented industries. could you please suggest any circulars with this regard. also state the Sections which deals with the same.


Sanath Kumar
This Query has 3 replies

This Query has 3 replies

Is service tax applicable on purely labour oriented industries. could you please suggest any circulars with this regard. also state the Sections which deals with the same.


Ahsan Mansoori
This Query has 3 replies

This Query has 3 replies


HI, I am Ahsan (Internal Auditor)

If Transporter does not specify the service tax amount in the consignment, then is trader who is paying freight is liable to pay service tax,even if the transporter is not a registered and has no service tax registration.

Further if transporter is not issuing consignment note.whether trader is liable for service tax on freight payment





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