Dear Expert,

Please find the facts below.

I sold inherited land purchased in 1967 for Rs. 15000. Now the land is sold for Rs. 25,00,000/-

My age is 72 years.

I am not having 1981 cost for the land to calculate indexation cost of land.

Could you please suggest how should I determine the cost of land as on 1981?

What will be the Tax liability in case the same is distributed by me to the sons?

Thanks

I want Form No. 13 for Lower deduction of TDS in Word Format.

Dear Experts

I am a importer of Excisable product ,
i am registerd dealer (first stage)
i have paid charges to CHA and GTA

being a Dealer can i claim service tax credit on the service tax paid to CHA and on behalf of GTA.


Its urgent , kinldy reply with the relevant provision

If an assessee providing service of Transport of goods by road is exempt from service tax payment since the recipient is liable to pay it, then under which notification, both prior to 01.07.2012 and after that, the assessee can claim exemption while filing the service tax return?

Please answer, it is very urgent.

If an assessee providing service of Transport of goods by road is exempt from service tax payment since the recipient is liable to pay it, then under which notification, both prior to 01.07.2012 and after that, the assessee can claim exemption while filing the service tax return?

Please answer, it is very urgent.

Hi,

We have got some used material from our office head quaters for internal testing and are lying in delhi customs for almost a month. They are requesting for NOC from MOEF.

Unable to get any details from MOEF site, could someone help me in this case.

Regards
venkat.

i want to change the name of the proprietorship firm in the service tax registration & what is the procedure. pls help me

We are purchasing Coal after paying Tariff rate 6% excise duty + 2% (Edu. Cess) + 1% (S&H Cess) for producing / processing producer gas for the manufacture of our final product i.e. Electricity Generating sets & Turbines etc..
Before processing Coal for producing producer gas, we are using big size Coal for processing & some coal fine are not used for processing producer gas. This is called Coal fine scrap (27060090).
During the process of producer gas, Coal Tar is generated which are called as Coal Tar Scrap (27060010). W.e.f. 01.03.2011, we are paying excise duty @1% + 1% (Edu. Cess) + 1% (S& H Cess), under Notification No.1/2011-CE, dated 01.03.2011 on Coal Tar Scrap & Coal fine scrap.
Now, w.e.f. 17.03.2012, we are paying excise duty@ 2% + 2% (Edu. Cess) + 1% (S&H Cess) on Coal Tar Scrap (27060010) & Coal Fines Scrap (27060090).
In this matter, Central Excise Department is processing hard to pay excise duty 6% as Tariff rate not under Notification No.1/2011-CE, dated 01/03./2011 as amended.
In view of above, kindly give considered opinion on the following points:-
1. Can we pay excise duty under Tariff rate on Coal Tar Scrap (27060010) & Coal Fines Scrap (27060090).
2. Can we take Cenvat credit on Coal for producing producer gas for the manufacture of our final products.
3. Can we pay excise duty under Notification no. 1/2011-CE, dated 01.03.2011 as amended (presently paying excise duty).
4. Refer Circular No.904/24/2009-CX, dated 28.10.2009 in respect of termed as waste or residue or refuse arising during the course of manufacture.

Dear All Experts,
Can Company appoint auditor in a single meeting for a period of say 2 years? or 3 years? i.e. more than one year under existing law?

because there is new provision in companies bill 2012, about appointment of auditor. i.e. company can appoint auditor for 6 yrs. in a single meeting.

Please guide.
Thanking in advance.

Hello friends, 1. There is partnership firm. 2. Loss is Rs.20,00,000 for F.Y.2012-13. 3. salary paid to Two partner amounting to Rs.185000/-. 4. Now pls tell me whether the Salary is form part of remuneration? 5. And if Yes then how much remuneration allowable to Firm for F.Y.2012-13 6. I have already paid Rs.185000 as salary then what to do for Rs.35000 (185000-150000)... reply....pls

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