LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Karan Arora   25 June 2016 at 14:27

Revision of return already processed

MY QUES IS WHETHER WE CAN REVISE AUDITED RETURN FOR A/Y 2015-16 WHICH HAS BEEN ALREADY PROCESSED BY CPC BANGALORE?

WE HAVE ALREADY SUBMITTED REVISED FORM 3CB-CD FOR A/Y 2015-16 ON 28-10-2015 BUT FORGOT TO REVISE THE RETURN AND NOW THE RETURN HAS BEEN PROCESSED BY THE DEPARTMENT. CAN WE STILL REVISE THE RETURN WHEN RETURN HAS BEEN PROCESSED AND REFUND HAS BEEN ISSUED.

AJAY KUMAR   24 June 2016 at 11:56

Vat on free supply for business promotion

Sir,

If we give goods on free as a business promotion than vat applicable or not.

please advise.

AJAY KUMAR   24 June 2016 at 11:11

Tax on free sample

Sir,

If we have give any taxable goods to any shopkeeper on zero value (as a sample). than vat or cst applicable or not.

Advocate Ankur   23 June 2016 at 17:48

Service tax of deceased

Dear experts

My father died 2 month ago. He has Rs.6 lakh outstanding service tax for past years which is not yet paid.

Do I need to pay his service tax since i received all his assets ?

Do i have to pay interest/Penalty as well ?

Someone told me too get stay from court and take time to pay.

what will happen if i don't pay tax ?

Please Help.

Pawan Kumar Yadav   23 June 2016 at 12:17

Capital gain tax

X & Co has a industrial unit wished to sell it and invest some amount in a office space at a commercial space.Can they claim exemption of capital gain tax on the invested amount in office space?

MANOJ   22 June 2016 at 15:06

Vat registration ap - change of address

Sir / Madam

Can anyone let me know , within how much time formalities for change of business address needs to complete for AP Vat.

Thanks ,

PANKAJ   22 June 2016 at 10:44

Service tax and tds

1. IS tds is applicable on deputed employee

2. is service Tax is applicable on Reimbursement of expense/ Debit note

Pls solve this query

Akash   21 June 2016 at 19:24

Long term capital gain

Hi Experts ,

My company has sold a office which was 20 years old brought in 1lakh price and sold in 1 crore now i have a long term capital again on that as we had claimed depreciation ,

now i we would like to reinvest the same money to save capital gain , so i would like to understand that can we invest in equity so that we have the money in more liquid form.

i hope i am able to narrate my senior .

Regards

Akash Agarwal 0091 9923 383838

Sanju   21 June 2016 at 18:08

Odisha vat

Mr. Sunil is a Dealer of Used Cars.
He purchases Second Hand Cars from Various non dealers and sells it to Consumers.

I want to know whether he is liable to VAT?on sales made?
If yes please guide me with the help of relevant provision in this context.

Pradeep Garg   21 June 2016 at 10:00

Service tax

In view of recent Delhi High Court decision that Service Tax Authorities can not conduct Audit of assessee.
I want to know
my audit was conducted in past and reversal of service tax credit ordered by AC on the basis of audit report is under appeal with Commissioner Appeals.

May I get the benefit of above decision?? If the audit is itself ultra vires of Service Tax Law, how can the service tax credit availed and adjusted in payment of excise duty can be reversed??