1.Is allowable or dis allowable the capital expenditure is made for the amount of above 20000 through cash?

2.suppose an individual expended fifty thousand rupees cash on single payment for construction of his house so this capital expenditure is allowed or dis allowed under the income tax act?

how to apply for register of vat and cst number ?

Dear Sir,

We are a leading plywood manufacturer located in uttarakhand availing area based excise exemption under notification 50/2003. As per the amendment in finance bill 2012, the liability to deposit service tax on few services levied on the service receiver(SR). However it has been mentioned in the rule that if the service provider(SP) is within the general exemption thresold of Rs.10 lacs then the SR is not liable to deposit any service tax. My query is how do a SR will ensure that the SP is within the thresold of Rs.10 lacs?

in case of trading in equity futures - what is the limit for tax audit ? how does one compute turnover ?

Sir / Madam,

My taxable income is Rs. 3,31,810/- then what will be my tax liability with int as on date

also advise whether i have to pay advance tax ???

what is the limit for advance tax means upto how much tax liability there is no need to pay advance tax

regards

Is online filing mandatory for the tax audit report to be filed for the AY 2012-13?

Dear sir,

I have found on Return under Wealth Tax where the person has adjusted debts owed against other asset the details are as follows.

Motor Car (Sch. III Value ) 500000
Loan taken For purchase of Motor Car 700000
Jewelry (FMV) 500000

Net Wealth Calculated is 300000
ie. (500000-700000)+ 500000

Whether the contention of person is correct or not ?

Please Guide.

In the year of Transfer of Business, Dep u/s 32(1) is to be apportioned between Transferor & Transferee. In ITR 4, Dep. schedule, how to reflect this. Alternatively, where to show in Schedule BP. As we did not fill sch DEP/DOA, Dep is not allowed in 143(1) intimation from CPC. Now we want to file rectification application.

we have to do payment in centralised registration no for CED but instead of it payment done in own assessee code,used till the previous year ie before centralised regn.Is there any solution or procedure to rectify the mistake done?
bank authorities could not do because of e payment all are system generated

hi
my client is engage in manufacturing business as an pvt ltd so right now company have require fund for business. can company accept loan from HUF in director of the company is Member in particular HUF. can we consider Huf as a related party of director in company ?