Is a break in filing an income tax returns permissable when the taxable income is NIL in a particular year?
the assesee sold factory land and building of a proprietary concern which was closed since last five years. cost of land and bldg is seperately shown in books. whether sale of land would be taxable as long term gain with indexation and bldg taxable as short term gain at deemed WDV u/s 50C(as unit closed for 5 years)
Dear Colleaues,
If there is no service rendered as provided under the act,is service tax payable simply because payer has wrongly deducted tds u/s 194j?
regards
c.a.paresh zatakia
I am handling one client(PAINTER) he is doing all kind of paintings & supplied it to all Hotel industries as well as individuals.
Any one can explain me, What is the Income Tax applicable on it's income from sale of painting? & their is any special provision of Exemption of Income Tax?
Does Aminities charges falles under this category?As per Service tax Inspector he is of opinion that Aminities is not to be treated as rent & would be charged as Business support service since 1-5-2006.As per SE Inspetor he says that Though Lease Rent Comes under SE tax from 1-6-2007 it was not specify that it will not fall under Busines Support Services for earlier year.
Please quote any case law stating that Aminities is only part of Renting of Immovable propery & not Business Support.
We filed the quarterly return for 24, 26 and 27eq for last three quarters, we have lost the acknowledgement no issued by the nsdl agnecy and we have no idea actual date of filing ? can any body help how to retrive the filing ack and its no
i m doing trading of shares and my turnover is exceed rs.40 lacs.
i want to ask if i require to maintain books of accounts and require audit u/s 44AB
thank you
pls advice me whether tds is to be deducted from gross amount or from the amount after deducting service tax.
in 3cd point 24 (a)is mention * particulars of each loan or deposite in an amount exceeding the limit specified in section 269SS thaken or accepted during the previous year :-
is it also require to mention if loan is taken from bank?
or is require to be mention only if unsecured loan is taken?
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income tax returns