The Assessing Officer issued a Demand of Rs. 1.02 Crore u/s 221 (1) on 23.08.08.
The Assessee spontenously filled an Appeal with The Commissioner Appeal.
However, the Assessing officer is insisting on Seizure of Bank Account of the Assessee for the recoveries.
Is the contention of the Assessing officer regarding the recovery correct despite the procedings of Appeal still being incomplete?
Is there any remedy for the Assessee regarding deposition of Rs. 1.2 crore as per demand issued by the Assessing Officer?
Hello Freinds,
I would like to know the rates of Service Tax; Cess & S.H.E.Cess ans its effective date from Apr 2005 to Mar 2006; Apr 2006 to Mar 2007; Apr 2007 to Mar 2008 and Apr 2008 onwards.
I am procuring material of L&T through their Authorised dealer based in MP. Earlier He was quoting Price List Rates and giving discount on that rate. During invoicing He used to mention Basic Rate, Discount, and MP VAT. Now we want to procure the material on Net rate exclusive of discount & excise. Can dealer claim reimbursement of Excise Duty and Sales Tax in his Commercial Invoice.
I have a quastion.
My father is retired person as is age of jast 55 now no one income from him.my question is now my parents life insurance can claim in my annual ITR.
Dear Experts, please help me solve this problem :
"yesterday MR.X sold six months futures on BSE stock index of 3700. today the BSE sensex closed at 3860 and BSE stock index future closed at 3720. MR.X gets a call from his broker, who reminds him that his futures positition is marked to market each day. is the broker asking MR.X to pay the money or is he about to offer to pay MR.X"
Thank you.
Whether tds will be deducted on Printing Bill Of Calender, if VAT is charged on it?
Our is basically a private company that exports raw materials(which we buy in India) to some of our UK clients. We dont sell anything in India. But now we are about to do some services(out sourcing services) to one of our Indian clients. So should we charge service tax on it.
Say that all the income we get from rendering such services does not exceed Rs 5 lakhs.
Please help me in this issue.
Thanks & Regards
Arihanth
Our is basically a private company that exports raw materials(which we buy in India) to some of our UK clients. We dont sell anything in India. But now we are about to do some services(out sourcing services) to one of our Indian clients. So should we charge service tax on it.
Say that all the income we get from rendering such services does not exceed Rs 5 lakhs.
Please help me in this issue.
Thanks & Regards
Arihanth
hi
i want to ask whether charge registration is required in respect of cars of company if car is hypothecated with banks???
Please provide the rule/section to be referred to about the same as different views are emerging for the same doubt
Thanks.
I want to know about those input services taxes, which are not eligible for input credit under cenvat(full list)
Thank you,
Balakrishna
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Deamnd u/s 221 issued by Assessing Officer.