Difference Between Section 282 & 131 Of The Income Tax Act, 1961. Who can send to whom,why & what is the time limit if any.Detail Information regading the above matter with a suitable example.I.E.(regarding summons & service of notice) & if the files is send with the detail information then please send it in a word format a kind request as working under a ca firm this will matter me a lot please help me as far as possible.
Thanking You In Advance
To All Experts.
I want to know what is the billing method of Civil Contractor. The bill comprises of civil work, furniture work, painting work and demolition work. I want to know how vat is levied and if the receipts are less than Rs.10 lacs, service tax number is necessary
I want to know what is the billing method of Civil Contractor. The bill comprises of civil work, furniture work, painting work and demolition work. I want to know how vat is levied and if the receipts are less than Rs.10 lacs, service tax number is necessary
Sir,
From Chennai we want to issue form H to the dealer out of Tamilnadu for the Financial Year 2005-06.
Can we issue a single form for the full year?
please guide.
I am getting monthly reimbursement of medical to the tune of Rs 1250/- so not exceeding Rs 15000/- p.a. Now my query is can I claim this as an exemption while filing of my return even if I do not produce the medical bills to my employer because since reimbursement of medical is taxable under FBT upto Rs 15000/- and over and above Rs 15000/- is taxable in the hands of employee. So when upto 15000/- it is liable for FBT do I have to produce the medical bills to company to claim exemption or simple declaration is sufficient. Suppose if I dont produce the bills still will it be taxed in my hands as well as taxed under FBT.
Thanks in advance
We are Pune based listed limited company. We have 17 marketing branches all over India and the employees are recruited in the branches. We are processing all the branch employees salaries from Pune and transferred to them. While doing so we are not deducting profession tax from salaries of employees of certain branches because Profession tax is not applicable in that particular state where our branch is situated. So is it right that although salary is paid from Pune i.e. from Maharashtra state but Profession tax is not deducted.
Can anyone give us the correct legal provisions under the Maharashtra State Profession Tax.
Similalry if profession tax is applicable in the state in which our branch is situated in that case do we have to deduct Profession tax as per that state tax laws or Maharashtra state laws. If it is to be deducted as per that state tax laws how to deposit the same in Maharashtra?
Thanks in advance
Dear Friends,
My Company manufactures Malt by germinating barley in germination boxes. Germination boxes are made as cemented structures by using building material. Now, sales tax authorities argues that germination boxes are part of building while my company argues that it's a part of Plant & Machinery because without making germination boxes we cannot germinate barley for making Malt.
We want to make some more germination boxes and wants to buy material by using 'C' form under Central Sales Tax Act.
Please guide me that how should we proove before the sales tax authorities that germination boxes are a part of plant & machinery. Please also quote some case laws on this.
RESPECTED SIR
PLZ GIVE ME SUGGESTION - IF I WANT TO MAINTANI VAT & CST OF ANY COMPANY THEN WHAT IS THE STEPS FOR ME FOR MAINTAIN THE VAT & CST , WHAT IS BOOKS OF ACCOUNTS ETC
I HAVE TAKEN A HOUSE LOAN AND CLAIMING THE INTEREST+PRINCIPAL THEROF AS DEDUCTION FOR TDS PURPOSE. NOW DUE TO SOME REASON I HAVE TO STAY OUTSIDE THAT HOUSE (NEARBY THAT HOUSE IN SAME CITY) IN A RENTED HOUSE.
I WANT TO ASK WHETHER I CAN CLAIM DEDUCTION IN RESPECT HOUSING LOAN INTEREST AS WELL AS HRA EXEMPTION BOTH. DISTANCE FROM MY RENTED HOUSE TO MY OFFICE IS APPROX 10 KMS.
PLS GUIDE.
Difference between the section & ward/circle meaning
Hi,
To All The Experts
I Would like to know the difference between the section 147 & 148 of the income tax act, 1961.
1.) Also Would like to know what do u mean by speaking order under section 148 or 147 of the income tax act, 1961 given by the assessing officer.
2.)what do u mean by the figure indicate below:
Ward / Circle 25(3)(4) so what is the meaning of the figure indicating under the cirle i.e. (3) (4)& also 25 what do u mean by this numbers a detail explanation required please with an example.