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.
* A Ltd pays Rs 50000 Rent of one month to c Ltd - on behalf of B Ltd due to funds
constraints of B Ltd.
* A Ltd raises Debit Note on B Ltd for rent paid expenses reimbursement of
the same Rs 50000 thousand by attaching all the required proof. Rs 50000 for rent
and not ded as Service charges
* Question is whether B Ltd shall deduct TDS on this debit note payment to A
Ltd and can we take a charge of service tax on debit not
we are claim only without service tax
Please provide me total detail
Thaks
satish
Situation 1 :
a.. A Ltd pays Rs 20 lacs Rent to X Ltd – on behalf of B Ltd due to funds
constraints of B Ltd..
b.. A Ltd raises Debit Note on B Ltd for rent paid expenses
reimbursement of the same Rs 20 Lacs by attaching all the required proof
c.. Question is whether B Ltd shall deduct TDS on this debit note payment
to A Ltd
Tell me tds ded.on debit not and service tax inclued on debit note.
Thanks & Regards
Satish
Hi. In or around February end 2009, there was a judgment passed by the Supreme Court that there is no need of proof to claim LTA. As regards this, on informing my company to give me full LTA without any proof being required, it was informed to me that the same has not been notified, as such the same is not applicable. I want to know whether the said judgment has been notified or is there any other way I can claim full LTA without showing proof? Is the said judgment valid or not?
Please help!!!
Dear All,
Can u guide me to a query :-
HUF owns a Flat / House which is given on RENT to the Karta of the HUF.
What will be the treatment of RENT in the Hand of HUF as well Karta who pays the RENT ?
Presuming, Karta is in Service, can he claim RENT paid by him to his own HUF for calculating Salary Income.
What precautions / documantations will be required ?
Thanks & Regards
Mr X , owner of several residential House Properties, transfered one of his house property to a Private Trust,( Mr X is the settler, but not a direct beneficiary)) created for the benefit of his family membersm, by a Regitered Deed of transfer, with a stipulation to enjoy the income, if any, arising from the said property, at his choice. Whether a sebsequent sale of the said property by the trust to any 3rd party will give rise to a Capital Gain and if so in whose hand the Gain should be included and taxable
I had booked a flat in 2006 with a reputed builder. Towards this an agreement for construction and agreement for sell was executed. The payments were made as per the schedule of the builder. The UDS was registered in my Name while 85% of the construction was completed. Now the builder is refusing to handover the key as i have refused to pay service tax & works contract tax of totalling 4.04% of the construction cost.
Pls inform whether ST & WCT is payable by me as Allottee? If not, how to get the key as I have paid entire consideration of the flat
i am running a restaurant mostly cash purchases are made of milk, vegetables and fish etc.
the ito has made ad hoc addition of 3 lacs on account of cash purchases without vouchers
G.P is shown at 44% and N.P. @ 4.5%
please give some case references
Central Sales Tax
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.