IN CALCULATING COMPUTATION OF TOTAL INCOME ASSESSEE HAD NOT CONSIDER INTEREST ON SAVINGS BANK ACCOUNT, BY MISTAKEN.. NOW IT IS DEMAND RAISED FROM ASSESSING OFFICER ON ACCOUNT OF CONCEALMENT INCOME?

PLZ SUGGEST ANY CASE LAW WHERE THIS TYPE OF PENALTY IS RAISED AND PENALTY IS CANCELLED??

OR THERE IS ANY OTHER WAY OF CANCELLING PENALTY?????

Hi all
can i file ITR for previous year (f.y. 2011-12)

sirs/madams,
Here my doubt is father aged 85 years sold a house property for Rs. 1700000/- and the same was given as a gift to his married daughter(58 years) in bank transfer.doubts
1. gift received by daughter is taxable income in the hands of daughter?
2. is there any gift tax payable by her father?
3. is there any other taxes attracts for this transaction placed in the year 2012-13.
(9-10-2012) please clarify my doubts.
MURTY

We are a manufacturing Concern in Steel Sector.The Query is regarding the POT of the transaction. we are selling goods to Interstate party @2% against the C form. The word "Ex factory" is mentioned in the Invoice. The party deals with all the transportation charges & obligation & the same issues the Consignment Note where the concerned state is mentioned..

Recently an investigation has been done by the VAT authority and they are treating the said sales as local Sales & charging the difference amount @ 2% on the affected sales.

Any suggestion in this regard how to deal wid the case & favour the case in our side.

This is with respect to allotment of Statutory Audit by PSBs. In case a PSB allots Branch Audits in a number of cases in such a way that Fee of Lower Category CA Firm e.g. Category II/II/IV Firm is more than higher category CA Firm e.g. Category I/II/III Firm or there is wide variation in fee of same Category. Can i file any complaint with RBI or other legal forum? Can an aggrieved/other party obtain this information from Banks Board under RTI?

WHAT IS "F" FORM ? WHAT IS USE FOR THIS.

Anyboby can u tell me the cost for forming an LLP with a contribution 5,00,000?

respected sir one of my client is a small contractor he does a some work to the AP grampanchayat the contract price is 4lakhs but he received only 3.6lakhs remaining 0.4lakhs cut off as a tds but he does not get a tds certificate can u please give me advice where he can get the tds certificate

Our client is an Indian by birth, he is working in HCL at United States and he has got citizenship in USA. Now he purchased shares under ESOP from HCL on repatriable basis pursuant to the approval of RBI. For the shares allotted in USA, Taxes withheld @ 33%. Now the person sold the shares in BSE and the amounts has been given credit to NRO account. He wants to transfer this money to USA account. The Bankers insist to give Form 15CA to transfer the money from NRO account to USA account. Whether Form 15CA is applicable in this case and whether any TDS or Capital gain tax is to be paid. Kindly clarify and in what basis Form 15CA will be issued

An Indian company has contracted A USA Co. (non- resident) to perform a service at Dhaka (Bangladesh) which is outside India.

Do the Indian Co. need to deduct TDS? If yes then what is the applicable rate now?
Any possible remedy to avoid Double Taxation as because USA will too charge the tax.