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Diana   27 July 2009 at 11:08

tax beneficial scheme

I want to change a partnership firm into a private ltd. company. While doing so i want to know what are the tax beneficial provisions under Income tax act 1961 for such change?

Uma   27 July 2009 at 10:38

KVAT

1.What is KVAT

2.My property dealer says his project incurs KVAT of 12.5% as it is in a Composition Scheme. However, another bulider says it should be 4% only. How can I validate his claim?

3. Is KVAT applicable on factors like following:

Construction Cost of Flat
Cost of Terrace
Reserved Car Parking
Water Charges
Electricity Charges
Piped Cooking Gas Charges
Com. Areas Generator Charge

Thankyou so much for your time in looking into this.

Regards
Uma

munish   25 July 2009 at 18:11

transfer of goods

i wish to transfer the goods from Head Office to Branch Office within the state.

Which document required for that transaction.
if any format please provide me.

BH. SREENIVAS   23 July 2009 at 09:00

Changes in recent Budget relating to gifts receivable

1.Pls let me know about the changes in provisions relating to gifts receivable from relatives and others in the recent Finance Bill 2009?

2. Can we claim higher HRA in ITR 1 than that is shown in Form 16 , if rent paid is really more? what will be the consequences if claimed higher HRA to get refund out of TDS deducted?

KAMAL PODDAR   22 July 2009 at 17:25

CONSULTATION EXPENSES

I HAVE TAKEN CONSULTATION FROM AN EXPERT TO FULFIL MY OBLIGATION AS LEGAL RETAINER FROM OTHER EXPERT VASTU WHICH HEAD TO CLAIM SUCH EXPENSES SINCE THERE IS NO HEAD

KAMAL PODDAR   22 July 2009 at 17:23

CONVEYANCE EXPENSES

I AM A PROFESSIONL (LEGAL) GETTING FIXED RETAINERSHIP. CAN I CLAIM CONVEYANCE EXPENSES IN P & L ACCOUNT FOR ATTENDING DUTY DAILY TO MY EMPLOYERS OFFICE

KAMAL PODDAR   22 July 2009 at 17:21

TRAVELLING EXPENSES

I HAVE HIRED A TAXI FOR FOR GOING IN & OUTSIDE MY HOME TOWN WHAT HEAD SHOULD I CLAIM MY TAXI EXPENSES UNDER LOCAL CONVEYANCE OR UNDER TRAVELLING EXPENSES

KAMAL PODDAR   22 July 2009 at 17:13

PETROL EXPENSES

WHAT HEAD TO SHOW CAR PETROL EXPENSES IN SCHEDULE OF P & l ACCOUNT

KAMAL PODDAR   22 July 2009 at 17:12

PETROL EXPENSES

SINCE THERE IS NO HEAD OF PETROL EXPENSES FOR CAR IN P & L SCHEDULE CAN WE CLAIM UNDER POWER & FUEL

R_PVK   22 July 2009 at 17:11

DISTRIBUTION WITH MINIMUM TAX LIABILITY

dear sir
my mother is about to acquire a property woth of 95lakh thru sucession which she intents to distribute as a gift to 9 members of the HUF this includes two House plus certain shares,ornaments,bank balances & utensils pl suggest an easy way leading to proper distribution with minimum liable tax .The relation between donor and donees who she want to donate as a gift are five own childrens & two daughter of her brother
regards
R_PVK

Regards
R_PVK