sir ,
my father have transfered the property into his name which was on my grand father. after his death (the property was shown to the income tax department on my grand father name as an individual )
now for this he should pay any extra taxes for it(ie income tax or give any letter to it department as it is transfered)
Hi,
My surname has changed after marriage.
I had a PAN No in my name and have a bank account.
Since i was not working -i did not file any returns.
After marriage my surname changed and i got a new pan no.
i have a savings account in my name begore my marriage-i keep depositing money in it.
Can you please let me know the tax libality for teh same.
Dear Sir,
suppos one company doing construction which has based on cyprus, when this company state a construction before received money for cyprus, which fund, make a FDR in bank in srote terms and earned Interest and after this according year state work,
Please advice me this interest is mention other income or reduce to construcion cost, which borrowing capital taken after work state,
I waiting you reply
Thanks
Sanjay
The parliament of our country has plenary power of legislation. Such plenary power of legislation also inludes legislation with retrospective effect. However, can this power be exercised in a cavalier manner? Should law be amended by the Parliament merely to bolster the departments case in cases against individual assessees? What is the reason of amending Section 108 of the Customs Act retrospectively? What is the reason of asking interest retrospectively, if the assessee fails to deduct TDS as per his understanding of law (vodafone case)? Should parliament give reasons for retrospective amendments? Even the governemnt and department has been delegated power to make subordinate legislations retrospectively- disgusting.
In my view power to legislate retrospectively is an extra ordinary power and must be exercised with great care and restraint. It may bring the law into disrepute and affects the sanctity of Rule of Law.
Can u imagine a situation when you paid your taxes properly as per law- and tomorrow parliament amends the law and you become a defaulter. Do u want this situation in our country?
in a case tds amt. was not claimed as no tds was deducted at time of filing return but later on assessee got tds certificete for a/y for which he has filed return.so how it can be cured?time for revised return is expired....
What are the Criterias required for a land to be entitled as Agriculture land.
Land Revenue Record ?
Agricultural produced sale Receipt ?
Outside municipality or 8 KM from it ?
Previously used for agriculture purpose ?
how can i pay fbt of 4th qtr.within 15th march, where as the quarter ends in 31st of march
for property taken on lease we have to pay service tax whether we can take credit of this service tax paid against any taxable input service rendered by us
If i were to form HUF
than what are the benefits from taxation point of view
as agst forming a company
How to Become Income Tax Officer?
I am Graduate and i want to become Income Tax Officer.
So anyone told me that How to Become an Income Tax Officer?
Tell me full Details and Procedure for it and how to apply for that.