Anonymous
14 April 2010 at 15:37
I am a senior citizen housewife with no source of earning and a non tax payer. In Fy 2009-2010, I have sold my residential plot which was purchased 5 yrs back. The Indexed cost of the plot is Rs 28.417 Lacs (CII for AY 2010-11 taken as 682 and AY 2005-06 as 480) and sold my plot at Rs 60.00 Lacs. Against this, I have booked and paid for a flat costing Rs 52.66 Lacs and put Rs 2.41 Lacs in Capital Gain A/C opened in a Nationalized Bank which is to be paid later as cost of registry which would be due in six months. What would be my tax liability.Please advice.
Anonymous
12 April 2010 at 18:33
Dear sir
We are a private NBFC compnay, we did a professional service to another private ltd company and raised an Invoice in the mid of Dec'09 with Serive tax. This is our first invoice for the professional service We registered our company under service tax act by mid of Jan 10. We took input credit to match the output credit in the month of Dec 09. We have not paid the amount collected towards service tax. Is this correct. Is there any penal clause attarcts for this. If yes how much we should pay to condne this
Kindly reply
thanks
Anonymous
12 April 2010 at 18:27
Dear sir
We are an private NBFC compnay, we did professional service to another private ltd company and raise an Invoice in the mid of Dec'09 with Serive tax. this is out first invoice for the professional service We registered our company under service tax act by mid of Jan 10. We took input credit to match the output credit in themonth of Dec 09. Is this in correct. Is there any penal clause attarcts for this. If yes how much we should pay to condne this
Kindly reply
thanks
M.V.GIRI
12 April 2010 at 11:47
The VAT audit report to be filed within 31-12-2009. But it was filed on 31-3-2010. The jurisdictional vat officer has issued notice to pay the penalty of Rs.5000/- for delay in filing the audit report and also penalty of Rs.50/- per day to the date of filing for the said offence.Is it not double punishment for the same offence. The penalty provisions are different in the Act.Can we file a writ petition in the High Court against this provision. Please give reference of any Advocate appearing for this case in High Court at Bangalore.
sunny bagla
09 April 2010 at 14:43
cn u let me knw the notification no. which defines the items which are not covered in any schedule and falls under the category of Ganeral rates i.e.12.5%
AJIT KAWATKAR
09 April 2010 at 01:05
in a co-op hsg socty mumbai it is reported by the statutory auditour that socty,has not diducted /deposited the TDS with income tax;for last 4*5yrsthe committe is non existant today.the implication of this may be felt when we get IT Notice.it is said the committee [out going] has shared this amount,as a allert member i would like to inform them of the Violation.Where to complain &expect result/s ?can i/any body do this?
pradip lakhotia
08 April 2010 at 11:41
is broomstick exempted under the new provision of wb vat act?
Anonymous
07 April 2010 at 10:59
Could someone apprise me on the Cost Of Index for AY 2010-2011 so that the tax liability can be correctly calculated for LTCG under Sec 54F.Thank you.
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Filing of Income Tax Return
How a person can file his inocme tax return for the year 2009-10 if he is diong the business of tent service and his net income for the year 2009-10 is above Rs. 165000.00