Mr. Jamal

Hi,
Firstly thanks to all the helpful members on the forum.
My question is, If our income is in Convertible Foreign income and above 10 Lakhs, Do we need to file for service tax number and return even when service tax is not applicable. There is no Service income in INR.

Secondly, How to receive income in Convertible foreign exchange.(Just open regular account with bank and ask the client to send money in USD?)

Thanks



Anonymous
20 January 2014 at 13:35

How to tan no surrendr

DEAR EXPERTS.
I AM TAN NO HOLDER BUT I AM CLOSED MY BUSINESS PERMANENTLY.SO I WANT TAN NO SURRENDER TO CONCERN AUTHORITY BECAUSE I WANT TO FEEL FREE FROM QUARTERLY TDS STATEMENTS.THERE IS PENALTY OF 200/- PER DAY AFTER DUE DATE.SO THERE IS NO NEED AND REQUIREMENT OF TAN NO FOR MINE. REPLY ,THANX


Dinesh
20 January 2014 at 13:27

Tax audit

DEAR SIRS,

CAN CA DO TAX AUDIT OF A CONCERN AFTER 30/09, IF THE CONCERN HAVE PAID PENALTY FOR NON-AUDIT i.e Rs. 100000/- OR 0.5% OF T/O WHICHEVER IS LOWER..

THANKING YOU,


hanzala khan
20 January 2014 at 13:20

Recovery of user id and password

Dear Sir/Madam,
One of my friend file his return at his own. Unfortunately his personal diary has been stolen where he used to keep all the important information. Now he is having no registered mail id password and income tax user id and password. How can he recover all the lost information ?



Anonymous
20 January 2014 at 13:01

Tds paid twice.

There are 4 concurrent auditors in bank. Accountant of bank has made twice payment of TDS of Rs.60,000/- in july'13 and again in sept'13 (Ratio 1:2:3:4).Now 2 concurrent auditors are not with us. Only in march '14 tds liability will occur for remaining 2 partners only.Now the question is that ,how we can adjust this, against future tds liability in same F.Y with same concurrent auditors. Plz explain me with the above given data.

Thanks in advance.



Anonymous
20 January 2014 at 12:58

Income tax

sir

I want to know if an individual having housing loan in joint name of husband and wife , so while taking the dedction for the repayment of hosuing loan and interst paid for the year can both get the rebate 50% or only one can claim. if the 50 % is allowed , what is proceducre to settle the amount, is any declartion format is there for the same

thanks


Jwalit D Sheth
20 January 2014 at 12:39

Yogendra bangur book for direct taxes

Friends I m planing to refer Yogendra Bangur for Direct Taxes for May14 exams..Should I refer is it reliable??

Please suggest me to the earliest

Thank You


ANKIT
20 January 2014 at 12:39

Dominoz pizza charging - "vat" why?

domino's pizzas charging service tax ...that's legally because of ac hotels/restaurants... but why they also charging "VAT" also??? ON what basis they charge???


CA Vinisha Sahijwani

Under the CBDT circular,the Board has decided that wherever in terms of the agreement/ contract between the payer and the payee, the service tax component comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source under Chapter XVII-B of the Act on the amount paid/payable without including such service tax component.

Kindly clarify whether the same should be required on agreement specifically or ST charged separately on Invoice will suffice.

This is because with many vendors there are no such agreements/contracts.



Anonymous
20 January 2014 at 12:35

Stamp duty on aoa and moa

Dear Experts

I am unable to understand why do we need to pay stamp duty on MOA and AOA. Also, our company is increasing its authorised share capital wherein we need to pay stamp duty again. I am not sure as to why we need to pay stamp duty again.

Please clarify.






CCI Pro



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