Dear Sir
when the company as received share application money and its proved with confirmation from employers that they have given share application money in cash not in a single transaction during the year by installment borrowing money from there family members and others this point can be favourable in C.I.T appeal.please sugges me
Thanking You
Hussain
A dealer who is registered at Maharashtra, would like to open a godown in Andhra Pradesh and get his material through stock transfer and sell from Andhra pradesh to Andhra Pradesh dealers and also to different dealers in the entire country. The objective of this is one of his big customer who is situated at Andhra Pradesh would like him to open a godown to meet their urgent requirements.
In the above scenario we need clarification on the following:
1. Whether the dealer has to take APVAT registration and charge applicable rate of tax in A.P.?
2. Whether he can sell the goods through his Maharashtra Sales tax registration and charge CST for Andhra pradesh sales?
what is the amount of service tax to be paid in case of construction work given to a contractor
Our One employee expat employee (NRI)
His Remuneration and benefits are as fallows :
Day Rate : US$ 1086.35
Foreign Service Allowance US$ 380.00
Per Diem Allowance US$ 68.75
PF contribution on all above items.
Furnished Accommodation Costing INR 2350/- per day
He will be giving Joinging tickets and reimbursment
can u please advise tax computation for the above
if i say the house purchased on 2001 for rs 525000 sold on 2008 and before selling invested rs 200000 for repair and maintaince and than sold for rs 12 lac . will i get deduction on rs 200000 is my cost will come 725000 lac
Dear Sir,
The company received share application money in cash from the company employers during the year and company authorised capital was less than receivable application money.so company deside to return back the application money to the employees in the next year.But income tax as giving assesment order for that this a cash credit in the grab of share application and added back to income.so sir we had filled this case in C.I.T appeal for that i need some help form you so that i can perpare the case to fight in C.I.T appeal.
Further sir at the time of assessment all the employees were persent in fromt of officer.
I have purchased a flat in 1989 for a consideration of Rs.2 Lac. i am selling the same house for Rs.20 lacs in Jan 2010. With the indexation what will be my tax liability. I am 80 years old and presently has no income or it is better to give gift to my son
Dear Expert,
Are Sudexho meal coupons taxable under Income Tax Act? if it so, what is the limit per day and per month?
INCOME TAX JAMMA KIS MONTH MONTH KIYA JATA HI BUSINESS KA OR INDIVIDUAL PERSONAL KA.
Service tax
I joined as a student with a coaching centre in Chennai which coaches students pursuing CA/CS/CWA. They charge service tax on the fee I paid to them.
Is Service tax appilcable to tuition centre or coaching centre?
Pls clarify
Thank You