TDS % for the income generated on Rent-a-cab operation, where the vehicles are dedicated operation for a project and also vehicles provided for non dedicated operations. ALSO MENTION THE SECTION OF INCOME TAX ACT

TDS % for the income generated on Rent-a-cab operation, where the vehicles are dedicated operation for a project and also vehicles provided for non dedicated operations. ALSO MENTION THE SECTION OF INCOME TAX ACT

IN A FIRM X AND Y ARE PARTNER HAVING LAND OF 1 LAC. ON 1.10.2003 M AND N ADMIITED AS A NEW PARTNER AND VALUE THE LAND 2 LAC, AND DUE CREDIT GIVEN TO OLD PARTNER, AND PAID FOR. NOW NEW FIRM HAVE PARTNER M AND N. ON 1.8.2006 FIRM CONVERTED IN TO PRIVATE LIMITED COMPANY. WITH DIRECTOR M AND N. COMPNAY NOW WANT TO SALE LAND. WHAT WILL BE CAPITAL GAIN TAX IN THE HANDS OF FIRM ON A.Y. 2004-05 AND IN HAND OF COMPANY ON A.Y. 2009-10. THE SALE CONSIDERATION IS 10 LAC.

IN A FIRM X AND Y ARE PARTNER HAVING LAND OF 1 LAC. ON 1.10.2003 M AND N ADMIITED AS A NEW PARTNER AND VALUE THE LAND 2 LAC, AND DUE CREDIT GIVEN TO OLD PARTNER, AND PAID FOR. NOW NEW FIRM HAVE PARTNER M AND N. ON 1.8.2006 FIRM CONVERTED IN TO PRIVATE LIMITED COMPANY. WITH DIRECTOR M AND N. COMPNAY NOW WANT TO SALE LAND. WHAT WILL BE CAPITAL GAIN TAX IN THE HANDS OF FIRM ON A.Y. 2004-05 AND IN HAND OF COMPANY ON A.Y. 2009-10. THE SALE CONSIDERATION IS 10 LAC.

IN A FIRM X AND Y ARE PARTNER HAVING LAND OF 1 LAC. ON 1.10.2003 M AND N ADMIITED AS A NEW PARTNER AND VALUE THE LAND 2 LAC, AND DUE CREDIT GIVEN TO OLD PARTNER, AND PAID FOR. NOW NEW FIRM HAVE PARTNER M AND N. ON 1.8.2006 FIRM CONVERTED IN TO PRIVATE LIMITED COMPANY. WITH DIRECTOR M AND N. COMPNAY NOW WANT TO SALE LAND. WHAT WILL BE CAPITAL GAIN TAX IN THE HANDS OF FIRM ON A.Y. 2004-05 AND IN HAND OF COMPANY ON A.Y. 2009-10. THE SALE CONSIDERATION IS 10 LAC.

Sir,

We have an invoice Dt 21-02-2009,for Rs. 1000000 and service tax @12.36% amounts to Rs. 123600 total together 1123600.

This bill is pertaining to period for 01.01.2009 to 31.03.2009(advance).

Now, i requested for @ what rate Service Tax will be admitted to this bill.(12.36% or 10.30%)

pl clarify

Thanking you,

yours faithfully

G Ramesh babu

Dear sir,

I am appearing for the CA final Group 1 . Please help me in preparing for the exam, which are the important chapters for the 4 subjects.

i.e. 1 Accounts.
2 MAFA
3 Auditing
4 CL & SP
with regards,

R. Gurucharan.

Will anybody provide the capital gain calculator in excel or any small package where i can put the details of purchase & sale of share with rate and get the calculations automatically.

Awaiting reply.

Thanking you

TRIBHUVAN PUROHIT

one of our client had filed it return in nove 08 for ay 08-09 electronically without digital signature.

he did not get it acknowledged from the department. i think he should have acknowledged it before 15 days of filing the return. is their any remedy ?

We sell our products through website. I was wondring to know that if a buyer send remittance in our bank account for goods and takes hand delivery of goods either himself or his knowing person.

1] Is it legal?
2] Whether it's an export sale or local?
3] Should we submit documents in bank for this type of transaction?
4] RBI/Exim rules for that type of transaction?

Your suggestion/advices are will be appreciated.