LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Member (Account Deleted)   02 February 2009 at 20:10

ACKNOWLEDGEMENT OF ELECTRONICALLY FILED RETURN

On 17-01-2008 ( about 18-30 pm ), One of my friend filed his revised return of Income for the assessment year 2008-2009 electronically. Acknowledgement is to be submited to ITO within 15 days time. Acknowledgement was filed on 02-02-09 to concerned ITO.
31-01-2009 and 01-02-2009 being Saturday and Sunday Income tax office was closed, hence could not file the acknowledgement within 15 days time limit.Will it amounts to late filing? At the time of submission of acknowledgement, counter clerk acknowledged with remark 'LATE FILING". Kindly guide me as to whether acknowledgement was filed within time or late?

chitragya   31 January 2009 at 10:20

Sales Invoice

Dear Sir,

I have purchased a Water Purifier from Eureka Forbes from the distributor for Rs.8000/- Plus VAT 12.5% which amounting of Rs.9000/- and received a bill of the same amount.

But there is a problem in the Water Purifier, it is leaking from the tap and have requested to him to change the water purifier but no response from 2-3 days. At last without any other option, I have returned the matter to him and ask for the money. But he has refused to give me full amount of Rs.9000/- becuase of VAT 12.5% which amounting 1000/-. He told me that if you want get back your money then I will deduct the Tax and give you Rs. 8000/- only nothing else.

This is my requet to pls advise me because the original is lying with me. My question is that can he not cancel the bill and return the full amount.

Pls advise in the case.

Regards ,

Chitragya

Janak   30 January 2009 at 22:19

Gujarat VAT.

I am carrying on activity as contractor for building up of telephone tower for which material purchased by me and on completion of job the company will pay me for that after deducting tax. so i want to register under gujarat VAT to take credit of such tax deducted by company, under which head i have to applied for ? whether voluntary or compulsory registration available?

Janak Patel

adv fauzia azim   27 January 2009 at 23:18

taxation pertaining to NRI STATUS

DEAR FRIENDS,PLEASE LET ME KNOW THAT IF A PERSON EMPLOYED IN A FOREIGN COMPANY IS WORKING ON A 3 MONTH CONTRACT DURING THE MONTHS OF FEBRUARY,MARCH AND APRIL.AND IF HE RECEIVES PAYMENT FOR HIS JOB IN THE MONTH OF APRIL(FOR ALL 3 MONTHS) .THEN WILL HE BE LIABLE TO PAY TAX ON CURRENT FINANCIAL YEAR OR THE NEXT FINANCIAL YEAR.LOOKING FORWARD TO AN EARLY REPLY.THANKS IN ADVANCE.

ravi   26 January 2009 at 11:29

SERVICE TAX ON RENT

WE ARE A PRIVAT LIMITED COMPANY. WE TOOK A HOUSE FOR STAFF ACCOMMODATION FROM AN INDIVIDUAL.

THE RENT RS.50,000 PER MONTH. THE AGREEMENT SAYS RENT + TAXES IF ANY APPLICABLE LESS TDS IF ANY.

NOW PLEASE ADVISE WHETHER WE NEED TO PAY SERVICE TAX @12.36 ON RS.50,000 TO THE INDIVIDUAL OWNER

DO WE HAVE TO RECEIVE RECEIPT OR INVOICE FROM HIM FOR RS.50000+SERVICE TAX

IS IT NECESSARY FOR HIM TO GET SERVICE TAX REG NUMBER

Rajkiransingh   23 January 2009 at 12:32

Case laws on excise -Urgent

Dear sir,

I need a favourable case laws on "Duty paid goods despatched but retain in factory because of customer request to keep the material for enough space at his workshop-goods catched while visit of preventive branch,goods seized".

can anyone having judgment in favour of above subject.

R.S.Rajkiransingh

Kalpesh   20 January 2009 at 11:45

Transfer of PF

A Ltd has company owned trust which is recognized by Regional Provident Fund authority. Some portion of employer’s contribution goes to Pension fund. B Ltd has company owned trust which is not recognized by Regional Provident Fund (RPF) authority. No portion of employer’s contribution goes to Pension fund.

In view of this, could you kindly let me know:

(I) whether one can transfer accumulations in A Ltd’s PF fund to B Ltd’s PF Fund?

(II) What are the advantages for registering with RPF?

(III) In which scenario withdrawal of PF amount from A Ltd’s trust would be tax free?

Many Thanks

vinod bansal   16 January 2009 at 17:47

Registration of a trust

Sir
I want to got register our social organisation as a charitable trust,i am a resident of Haryana,what procedure i have to adopt& in which department i have to apply,we are providing free medical services for needy persons,plz enlighten.Thanks
Vinod

Vikram   14 January 2009 at 23:53

Taxablility of alimony.

Is the alimony received on divorce through courts order taxable in hands of the recipient? Pls explain quoting relevant provisions & case laws, if any?

Vikram   14 January 2009 at 23:52

Txablility of alimony.

Is the alimony received on divorce through courts order taxable in hands of the recipient? Pls explain quoting relevant provisions & case laws, if any?