ANSHUKA BATHLA
12 June 2014 at 14:26

Issue related to capital gains

Sir,

If Purchase deed provides Cost of Land Rs 400000.00 in 1996 but assessee has received the possession on 12.06.2012 due to legal difficulties by paying Rs 22.00 lakhs i.e Fair Market Value. Now assessee sold the Land on 20.01.2014, then what will be the Cost of acquisition on Sale of Land?


juhin ajmera
12 June 2014 at 14:20

Service tax implications

What shall be the service tax implication on bidding charges, project fees etc. deducted by agencies like paypal, o-desk, elance, guru from remittances receviable by an indian free lancer for providing IT based sevices to foreign clients obtained from the above mentioned platforms? To clarify, those charges are deducted from the payments directly before the amount is remitted to Indian free lancer? Shall the indian free lancer be resposible to pay service tax as import of service on the above mentioned charges? Requesting a solution to my query by quoting respective Service Tax rules/notifications/circulars.


Manoj Prasad
12 June 2014 at 14:19

Minor to major

I have a saving account in the name of my child at that time he was minor, he is major now (20 years),

Now I want to change the bank status is minor to major, so that he can operate his account him self from now...so please provide me a letter format for MINOR TO MAJOR for the bank .

Thanks with regards


PREMNATH
12 June 2014 at 14:06

Accounts head reg:

Sir

I have been paying an amount of Rs 16000 per month to a party after deducting 2% tds. I want to treat this as a contractual expense. Under which head should I book this. Can I treat this as an expense incurred for receiving any services like say for any computer related activity since ours is an IT firm dealing in BPO services and software testing.Which contract can I make

Thanks



Anonymous
12 June 2014 at 14:01

Tds

MY EMPLOYEE SALARY IS 28000 HOW MUCH TDS I HAVE TO DEDUCT FROM HIS SALARY OR ANY DEDUCTION HE MAY TAKE



Anonymous
12 June 2014 at 13:55

Trust/aop

HII


ATrust without 12A registration, which ITR
cab be used? ITR 7 or 5? If ITR 5 IS USING WHAT IS THE FORM OF AUDIT REPORT? FORM 10B APPLICABLE?

PLS HELP ME

THANKS IN ADVANCE


Abhimanyu
12 June 2014 at 13:51

Income tax act

Dear Sir,

Notice under section 148 sent to the assesses as on 30/03/2012 but it deliver to the assesses on 02/4/2012 i.e. which date should i consider for actual delivery.

Thanks & regards
Abhimanyu



Anonymous
12 June 2014 at 13:44

Gratuity calculation

Dear Sir
Please correct me if the formula is incorrect. I have calculated for gratuity for one of the employee resigned from the service, his total no.of years of work is 7 years. Now the company will be payable gratuity to him.

Basic salary * 15 * No.of Years of service / 26

Its an urgent. Please reply

Thanks in Advance


Gokul Sharma
12 June 2014 at 13:43

Activation link

I registered assessee account on incometaxefile.com site and receive activation link but when i click on activation link it require mobile pin i also give mobile pin but it shows mobile pin is invalid so please help me to activate assessee account because it is urgent


sawant sanchit maruti
12 June 2014 at 13:41

Accounting on cash basis

i have one client architect firm at the time of accounting i face a problem that a date of sales bill generation and its payment receipts are different on what date bill is enter? can anyone suggest me.. view through accounting on cash basis






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