Anonymous
14 July 2013 at 09:33

Transport of goods


One of my client engaged in business for supplying of material to " Gram Panchayat".

he sully material in his own truck.

is there service tax applicable on supplying of material by his own truck.


sanjay kumar
14 July 2013 at 08:45

Regarding tax treatment

Sir, My father sold a agricultural land in 25 lacks and the govt. cost of land is 79 lacs. He got payment by cheque and in the mean time he transfered the money through in my S/B Account 25 lacs. I gota notice from income tax department . Till date i hadn't file any return. The notice contain through AIR the department got information , now what i should do ?


Yogeshkumar
14 July 2013 at 08:26

Cenvat credit on tools & spares


Kindly Possession means ownership/ control/tenure/custody.

When tools & spares gets lasted/used out during its usage within 4 to 5 months from the date of taking input, whether balance 50% of its credit could be taken in subsequent years/whether such goods can be capitalized.


Sainik Das
14 July 2013 at 08:07

Entered wrong tan number

I have received an intimation u/s 143(1) from CPC (Dated 04/07/2013) demanding the full amount+interest of previous year (A.Y.2012-13) TDS. I was shocked after receiving the notice as TDS is already deducted by my employer. When I was thoroughly going through the last year (A.Y. 2012-13) ITR-1 that I filled and submitted I found I had entered wrong TAN number. Is that the reason that I got this intimation u/s 143(1)?

In this context I would like to know what I need to do now. They have charged interest u/s 234B and 234C on TDS already paid. Still do I need to pay that interest amount?

Please advise me.


kunjan jain
14 July 2013 at 00:59

Amendment of st 1

One of my client wants to add another service in his existing service tax no. But I amended without adding services and filed it as it is like before and also submitted all the documents now client became very much harassed coz of my irresponsibility. I m moving to service tax office thane on monday can anyone guide what to do


CS Anuj Solanki
14 July 2013 at 00:15

Transfer of shares

Please tell me procedure for transfer of shares from Resident Shareholder to Non-resident Shareholder.


CS Anuj Solanki
14 July 2013 at 00:05

Short term capital gain

Can short term capital gain arise from sell of Land/ Building, etc. set off from Short of term Capital loss which arise from sell-purchase of Shares



Anonymous
13 July 2013 at 23:58

Dishonour of bearer cheque

Hi,

I have to take 20000 from client. He given a PDC in favour of SELF.

I suspect that he has become bankrupt.

If I go to bank on date of withdrawal and if there is no fund, will it be treated as dishonour of cheque under Negotiable Instrument act??

Can I sue the client for such amount for such dishonour?


CA Abhishek Singh

Hello everyone,

one of my client started a restaurant on 01/7/2013 in partnership. A brought Rs.10 lacs and Mr. B brought in Rs.10 lacs. Both will share profits equally.

Now i have to draft their partnership deed.

My question :
should i show their capital as 20 lacs total or show less capital because stamp duty will be more if i show more capital ?

waiting for the views of the experts.



Anonymous
13 July 2013 at 23:32

Appointment of director

Dear learned CA's

1. In absence of any FORM 32 and Board resolution filed with Registrar of Companies in favour of a person, can he be considered as Director of Company. Further, if he has misrepresented himself as Director by signing Annual Return alongwith a validly appointed Director and filed with ROC, can he be considered as Director of Company.

Request expert advise.





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query