shruti
This Query has 2 replies

This Query has 2 replies

18 September 2007 at 11:17

applicability ?

1) mr. a is forwarder. he gets quote from shipping line say, for muscat, adds his profit margin and quotes the same to the shpr. shpr in turn picks up that line's cntr and exports his goods to muscat.

is there any type of service tax applicable on the profit margin of mr. a?

2) mr. a has not taken service tax no. can he charge the same in the invoice to the shpr as he only collects the same from shpr and pays to the shipping line.
pl adv urgently.


CA Rupesh Maitri
This Query has 1 replies

This Query has 1 replies

18 September 2007 at 10:16

Capital gains

hi friends
an individual had purchased two residential house property 10 years back, which were adjacent to each other.He combined the properties and started using the same as a single house with common entrance, living room, etc. He had purchased them vide two separate agreements. He now sold them vide two separate sale deeds and has invested the entire proceeds in a single house property. Can he claim exemption under section 54 in respect of long term capital gain arising on sale of old two houses.


praveen
This Query has 3 replies

This Query has 3 replies

18 September 2007 at 09:36

amalgamation

hello friends, i have a problem in finding out whether the consideration is in net payment method or net asset method because in net payment method you cannot take assets and liabilities. I am in great confusion please help me


sang
This Query has 1 replies

This Query has 1 replies

18 September 2007 at 08:54

PCC Exam....

hiii
is it dat PCC may 2008 attempt is the 3rd attempt?????
i hv seen the PCC papers in icai site also....
hw can students give PCC without completing 18 months articleship???


vidya Sanjay
This Query has 7 replies

This Query has 7 replies

Pls advice if a consultant rendering management consultancy in india wanting to render services abroad needs any registration with any authority


Kishan L. Agarwal
This Query has 8 replies

This Query has 8 replies

18 September 2007 at 03:49

Applicability of Tax Audit

Three persons in their individual capacity entered into a deal as detailed below:

One landlady entered into an agreement with husband for development of her plot of land bought at Rs. 30 lacs sharing profit 40:60.
40% wife & 60% Husband.

Husband developed the same and sold one floor to their son for Rs. 50 lacs.

Now the total project is being sold at Rs.3.00 crores.

They will get :
Wife Rs.90 lacs
Husband Rs.135 lacs
Son rs. 75 lcs

Whether they will come under Tax Audit?


anuj mehta
This Query has 3 replies

This Query has 3 replies

17 September 2007 at 23:57

query regading treatment of future &option

wheather future&option treated as bussiness income or capital gain


anuj mehta
This Query has 2 replies

This Query has 2 replies

17 September 2007 at 23:54

query regading p.f

if husband deposit some amt of money in wife p.f a/c wheather husband get any tax benift..........


Sundeep Bodhankar
This Query has 3 replies

This Query has 3 replies

A company into training and placement service wherein the total gross receipts is less than Rs. 50,000/- per annum had applied and got its service tax registration number in 2005. As they fall far below the limit, they failed to file nil returns since registration to date. In fact, they dont fall within the preview of this. They didnt even receive any notices from the department yet.

Now the Board of Directors had decided to wind up their business as they have contineous losses and are particular in surrendering/cancelling their company's service tax registration.

What is the procedure for cancellation?

What are the late penalty charges or fees for nil returns and cancellation charges?

How much time does it take to close this case?

Request for expert's guidance in this matter. Kindly give a brief steps for this purpose. Thanks.


Sanjay Kumar Chaudhary
This Query has 4 replies

This Query has 4 replies

17 September 2007 at 20:39

Registration of society

Dear all,
could anyone give me details of documents required for registration of a society.
regards
ca sanjay chaudhary






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