Sir, Could you please detail what is the purpose of Filing IT RETURN , As I have no Refund in my FORM 16 Or not deducted Excess Tax.
So, should I File IT Return , and If I do not File IT RETURN what are the possible Negative situation I can Face or arise?
I am an Employee of Private Limited company situated in Jharkhand.
Thanks
D.Karmakar
mail:- karmakar.debu@gmail.com
hello sir
A govt company selling coal to another company and raising bills and getting payment accordingly from the period between 2011-13 without imposing excise duty , and from 2011 Finance act made amendment and imposing Excise duty on coal , but the concerned company has not added excise duty on sale between 2011-2013 and now company has given notice to the purchasing company to pay differential amount on account of Excise duty ,,, Wht to do plz suggest
Can an unregistered dealer of haryana under VAT supply goods to haryana govt. department. What will be the liabilities of the supplier and what documents the department will need.
Mr. A is India born individual, and now a citizen of USA.
Should he file his I.T. Return in respect of his income in India ?
An eye surgeon is carrying out eye surgeries and he charges Rs 20,000 per patient as a package which includes charges for intra ocular lenses,some medicines during and after the surgery and his own service charges. Since medical services are exempt under GST but it is a composite service as he is also providing intra ocular lenses and medicines for the surgery . His annual receipts are about 40 Lakh rupees.Whether he has output liability under the GST for intraocular lenses and medicines provided?
Hi,
I wanted to know regarding the taxability of one time alimony received at the time of divorce.The alimony amount has been specified in the divorce deed of the court and proceedings have been completed.Whether the amount received as alimony is taxable in the hands of recipient ( i.e wife)?
Thanks
I have foreclosed a home loan by prepaying lump-sum foreclosure penalty. The receipt does not explicitly mention how much of this amount is towards service tax, and other cesses (levied on foreclosure penalty) IF ANY. It just says that, "The amount is inclusive of the service tax, education cess etc. wherever applicable".
Is it permissible to collect service tax without 'explicitly' mentioning corresponding amount in the receipt. Else it is likely that amount collected in name of service tax may not be submitted to Income Tax department.
Point of taxation by builder to landowner is date of possession of flats.Point of taxation for landowner when he collect money from prospective buyer i.e before possession of flats.Then how the land owner pay the tax and take cenvat credit??
Hi All
I am a grain merchant. I file TDS online on a monthly basis.
I recently realized that I have been submitting my TDS under the wrong MAJOR head (0020-Company Deductees instead of 0021-Non Company Deductees). But the funny thing is that I never received a notice from the Income Tax Department about the same.
What should I do about it? Or I should just leave the matter and start filing my TDS under the correct MAJOR head from now on?
Thanks in advance.
Contitutions in business detail not ammended
Dear sirs,
Like a company name M/s "abc" /Prop. firm sold on 31march2017 and new prop. submitted all the documents which required for change the constitution in business (1st prop. name Rp - Pan 1234XXX) to (new prop./requester name Sp- Pan 1234XXXxxx) was not ammended/update successfully coz of department issue any how. the request executed by the requester on 18may2017.
ISSUE: Bcoz of nag of department request denied and auto migrated to old first owner/name/pan.
we have many issues now like:
how we get the TIN: with new owner/pan?