vijayabhaskarareddy
16 December 2008 at 15:19

loan documents stamping charges

we approching a bank for credit lines after sanction of credit , ther are asking stamping of documents for this we have to pay two lakh one hundred we said to banker has to pay and debit to our account, what stamps should they affix on documents , let me know the name of stamps affix on documents


Mohd Sarfaraz Latibani
16 December 2008 at 15:17

Allowance under Proprietor

What are the allowance I can pay to my employees under proprietor ship business and that allowance should be exempted from tax.

Thanks.


Ramalinga H.B
16 December 2008 at 14:30

Cenvat credit on input services

Is the cenvat credit on input services is allowed if the service provider is also a trader doing the business from single premises or it is restricted to the extent of taxable services provided?


ganesh kumar
16 December 2008 at 14:07

Rule 6(3)computation

query to be asked-regarding Cenvat credit rule 6(3)

in case of a person providing exempted as well as taxable services he has three option to take the credit on input services
1. maintain the seprate account and take the cenvat credit on input services utilized for providing taxable output services.
or
2.Pay 8% amount of exempted services and avail whole cenvat credit on input.
or
3.pay proportionaste amount

now the question is to calculate the 8% or proportionate amount, the value of exempted services we will have to take the value of previous year.

the second question is in the current year there is no exempted services provided still in such case we will have to pay the 8% or propotioanate amount based on the previious year value to take the cenvat credit.


another query
to take the cenvat credit on input there must be proper invoice but in case of rent if there is an agreement between the party still is it necessary to issue the invoive to the party


CA.Madhu
16 December 2008 at 13:21

Section 43 B

As per Sectin 43 B of the income tax act, any interest on the loan from any bank or from any financial institution is disallowed unless if it is not paid befoe the due date for filing of return as per sec 139(1). is the overdraft is treated as loan? if it is considered as like any interest is credited with assessee's a/c but not paid before the due date, is this interest is allowed, please specify case laws if any?


HARDIK.V.SHETH
16 December 2008 at 13:15

case law on capital gain

is there any case law on capital gain on sale of gold pls send me its urgent


HARDIK.V.SHETH
16 December 2008 at 13:14

Case law on capital gain

if there is any case law on capital gain on sale of gole please suggest me its urgent


HARDIK.V.SHETH
16 December 2008 at 13:10

capital gain

if gold is received after the death of father then at the time of selling how to consider the cost of the gold? please suugest if there is any case laws on that is it exempt if it is not possible to find cost? because it is received inheretence from grand father


Anil Mittal
16 December 2008 at 12:54

Section 314(1) & 314(1B)

Sir,

What is the prescribed limit of remuneratiion u/s 314(1)? is it more than Rs. 10000 or Rs. 10000 or more?

Similarly, u/s 314(1B) : is it more than rs.50000 or Rs. 50000 or more?


Ashish Baheti
16 December 2008 at 12:36

Return under section 139(1)

I want to file return u/s 139(1) now i dont remember whether i was file the return or not? i also dont have copy of acknowldgement or no. of acknowldgemnt?

I have refund of Rs.20000

Please tell me how i deal this situation

Can i file same return dobule?

If yes under which section

please reply me earliest.

thank you





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