LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

VINAYAK MUNGI   19 April 2009 at 12:51

SLP AT SUPREME COURT

Time to file a slp in supreme court
w r t
1. notice for orders ready on H C notice board
2. after the reciept of order

Pradeep Kumar Sharma   19 April 2009 at 11:40

iNCOME TAX Sec.54F

One of my client has made a profit of Rs.25 lac from selling shares of Pvt.Ltd. company. He gave the entire consideration to a promotor for purchase of a residential flat. My query is that whether Sec.54F deduction will be allowed ob booking a flat or the physical possession of the flat has to be taken withing stipulated time of one year. Besides that whether deduction under sec.54F is at all allowable for Booking a flat because it speaks of purchase of a residential house.

rgurucharan   18 April 2009 at 17:46

TDS as per Sec 194J

Dear sir,

our's is a private trust governed & registerd under the Indian trust Act.

we train for the student of MBA & pgdm of iase university.

We make payment to Teaching staff based on the number of sessions handled during the month at the agreed rates fixed by the management.

Any of payment made to the individual does not exceeds Rs. 10 lacs. even then the organisation is deducting the TDS @ 11.33%. But actually it is only @10.30%.

Unnecessarily they are deducting the excess tds from the teaching staff.

Pls clarify whether what the organisation is doing is correct or not.

with regards,

R. Gurucharan.

Rajesh Chawhan   18 April 2009 at 16:39

FBT

FBT IS APPLICABLE TO pROPRIETORSHIP COMPANY ? OR IT IS BASED ON TURNOVER ?

Shariq   17 April 2009 at 11:14

Gift from Father in law

Respected Sir,

Can I take Rs 10.00 lacs from my Father in law. If yes is there any tax liability will imposed on me or my father in law.

Pls advise.

Thanks

deepak   17 April 2009 at 10:00

service tax

whether construction of railway sidings done for pvt company is exempt under notification 17/2005 of st?

Mitesh   17 April 2009 at 09:37

CST ACT

if while placing the purchase order buyer has clearly mentioned that movement of the goods outside the state only for the Job work purpose and ultimate consumption will be for within the stare only, he had also submitted declaration along with the Purchase order. In such situation will sales will be considered as Interstate Sale, and will C Form will be applicable, please guide.

nikul   16 April 2009 at 15:34

Service Tax


we are engaged in building construction with various govt deptt's

one of our client is Haryana Tourism for them we have done const of commercial touriust complexes etc

We have been told by central Excise deptt that we have to pay the service tax on such const. and we have aklready taken the registration with Central Excise deptt and paying the requisite tax

Since the service tax is to b paid / reimbursed by the actual owner of the constriuction we have sought the same from our client (HTC) but they have refused to make any such payments to us

we pleaded that this shall primarily b a cost input to the project and no such provisions were made while we were awarded the project

They r not accepting to this fact at all, even for the items not covered in the original tender and for which the Rate analysis that r being made on market rate bases , they are not allowing for the provision of service tax...

Pls advice, if we can seek relief thru any court of law?

also pls suggest us some good laweyrs practising for such cases in and arround chandigarh n haryana

regards

Nikul Aggarwal
09357664221

deepak   16 April 2009 at 12:31

service tax

wheter construction of railway sidings done for pvt company is liable for service tax

AJIT KAWATKAR   13 April 2009 at 12:00

terms in sale deed in case of ppty occupied by tresspasser

the owner is spinster-sr.citizen &staying away with relative on health gr.In her absence a couple has tresspassed into the appartment-neither ready to vacate/purchase nore ready to pay compansation(rent).because of age(80+)&delays in getting justice she decided to sell the ppty.as-is-where-is basis to which she has received an offer.i would like to know terms should be included in the DEED to avoide troubles(?)in future.