dasd
20 December 2010 at 21:52
i've filed return of income on 9*11/2010 for fy 2009-10 but i've not yet submitted fourth quarter vat return of fy 2009-10 though i deal in (cloths-tax free item) .
whether i can file vat return now for period (1/1/2009 to 31/3/2010).
what is the timelimit of vat return (belated & effect of not filing till date).
to whom vat audit report is applicable & for which year
Rajesh Mahipal
18 December 2010 at 19:37
Whether VAT will be applicable or not in case of transfer of fixed assets only from partnership firm to private limited company under VAT Act Haryana and Punjab.
Anonymous
15 December 2010 at 12:40
Some ESOP shares from the company. Are there are tax liabilities in transferring these X shares to father over demat?
Will both father & son need to show in their income tax returns? or how it needs to be done since this is not commercial transaction?
Anonymous
14 December 2010 at 19:52
dear expert,
my doubt is that whether set-off for tax paid on purchase of commercial vehicle under mvat is allowable?
Anonymous
14 December 2010 at 19:46
Honorable Sir,please answer few questions.
1}whether credit for vat paid on capital goods under mvat is allowed or not?
2}whether credit for vat paid on packing material is allowed or not?
3}whether credit for vat paid on purchase of building materials for construction of factory-building is allowed or not?
Anonymous
07 December 2010 at 13:02
I have following quries:
I am an Indian national and also resident of India. I have a trading account with a share broker in US and buy and sell shares listed in US stock markets. My quries are:
1) What is the treatement of dividend income in foreign and in India.Will there be any TDS in USA?
2) How can I claim DTAA benefit?
3) What will be the treatement of capital gains?
4) Is it necessary to have any Income Tax registration in US?
5) Do I ahve to file returns in US?
6) Any restrictions under FEMA or RBI rules?
7) Any difference in tax treatement is assessee is Individual, HUF or Company?
hitesh
07 December 2010 at 11:10
if there is conversion of agricultural land into stock in trade, Now it will be taxed as capital gain u/s 45(2). now the question is, whether exemption u/s 54B will be available towards Capital Gain u/s 45(2)??
Anonymous
01 December 2010 at 10:08
If an assessee has opted to claim deduction under Section 35AD,can he claim deduction for depreciation?
krishna prasad bhat
30 November 2010 at 16:55
I am running a small lodging house with 13 rooms.I have enroled with Commercial tax of tamilnadu government (laxuary tax).My room charges are Rs 425/+5%tax for single room,Double room rent is Rs 550/+10% tax. When my guest comes as single person,they ask me to charge Rs425/+5% tax for the DOUBLE ROOM which i allote,,because there is shortage of single room. Is it possible (under laxuary tax law) for me charge Rs425/+5% tax for the double room.
Double room Non a/c is 550/10%tax and Double room A/c is 850/+10% tax. Sometimes my guest asks me to allot this A/c room as NON A/C rooms.Is it possible for me to charge the A/c room as NON A/C room (550/+10% tax).
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
TAXATION OF FAMILY TRUST AT THE TIME OF WINDING UP
Please tell me whether there will be tax in the hand of trust when it distribute its property to its beneficiaries at the time of winding up
if yes or No why ? please quote reason of the basis of your answer
Thanks with regards