we are Central Govt. Organisation planning to hire Photocopiers on a cosideration of 50 paise per copy taken without any other rental/leasing/hiring charges. The company which lends the Photocopier is charging VAT extra. Please confirm the applicability of VAT under the present arrangement mentioned above.

If I want to create a HUF and invest Rs. X in it, can I show it as my capital contribution to it as Karta of HUF. Is there any legal procedure for the same and whether any document is to be prepared for such contribution to HUF? Will income attract clubbing provision as amount is invested by me only and nobody else?

Dear sir/mam I have joined CA, CS in 12th standard. Now along with my articleship I am doing three courses i.e. CA, CS and B.com. Now if I show to ICAI that I am pursuing CS also then what consequences will occur. I filed form 112 showing that I am doing B.Com but didn't show that I am also doing CS and same with the CS institute also. Can you please suggest me what should I do now. Please reply as early as possible Thanks in advance

Respected sir/madam,
i have a urban agriculture land which is situated with in the 8km from municipal limit.this property was purchase by my grand father 30 year ago for RS 800 and the current rate of this property is around 1 crore.so i just want to know that if i am going to sale this property today than any taxes are applicable to it or not. if applicable than at what rate .
AND what should i have to do for save taxes on it.
any one who know the answer than please reply .
THANKS IN ADVANCE.

Is the companies bill applicable for CA finals for May 2014 attempt?

We had deducted TDS on rent and professional fees for the month of November 2013. The TDS was paid immediately, but by error, the TAN number was wrongly entered. The error was noticed in the month of January, when we submitted a letter to the Income Tax department for correction of TAN.

When I met the Income Tax department on the 11th of June, I was told that the corrections would take another three to four months.

What I would like to know is :
1. Can we repay the TDS amounts?
2. What will be the interest rate?
3. How will the amount already paid be reconciled during the current financial year?

I request an answer since the professionals need to file their tax returns.

my clint has been made purchase excisable capital goods from two years ago but at that time my clint was not register in central excise and same way that time he had not clain expenditure in business and stand alon saprately on CENVAT credit receivable still now and right now he has register in central excise so can he claim cenvat credit on that particular stand alone cenvat credit in equell installment if he can clain credit on that cenvat credit so can he clain less than 50% cenvat credit in first year and more than 50% in next year

shall i submit Income tax return(ITR-2) for the A.Y. 2011-12 in A.Y. 2013-14.

Hello friends,

Payment made to entrance exam body like - CET, COMED-k for this body if payment made can be claimed under sec 80C of income tax act, 1956.

Please suggest me.

Land alloted to a person by State Housing Board Authority on Lease to be used for Residential Purpose. Whether, Service tax attracts if it is used for residential purpose or not?? please clear the provision of service tax?