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madhukar   03 March 2010 at 20:20

Excise tax & sales tax registration

Dear sir's,
I am salaried person & willing to do trading in chemicals & speciality chemicals from mumbai.
pl suggest me what type of registration i need to get.
it is necessary to get excise registration & sales tax registration?

if i am buying chemicals from original manufaturere & selling to onther user. then excsie duty & sales tax i am paying on buying material, how can i pass it on to my customer without having excise registration & sales registration.

if without this registration or having any one of this registration it is not possible to do trading, then how to get this registration. what is procedure, how much costelier,time consuming & what are all documents needed.
i understood that small scale manufaturer do not need to pay excise duty. is it applicable to traders also. in that case a original manufacturer who raise the bill put 10.3 % excise to me. how this is adjusted or passed on to my customer.

YASHPAL RAWAT   03 March 2010 at 19:41

Perquisite for Company Car

A company vehicle is used for Journey from Residence to Office and Office to Residence so this Journey is official or private

Anonymous   03 March 2010 at 18:21

E-Commerce

What is the e-commerce, and what is importance in taxtation. for example , If I am online in Up and purchase from Delhi then which tax is levied on it i.e CST or VAT, if any act available in this regard, plz let me know.

vijay dhiman   03 March 2010 at 16:52

T.D.S RATE FOR A.Y.2011-12


Dear all

Pls arrange new T.D.S.Rate for A.Y.2011-12


Regds

Vijay Dhiman

ganesh   03 March 2010 at 12:59

Home loan - taxation - Legal Documents

I am taking house Improvement loan, where in the property is in the name of my Father(who has no other income and dependent of mine). Me and My Father are the co-borrowers. The entire EMI is deducted from my Salary.

In this case can I claim Income Tax Exemption. If not, is there a way out. But my question is immediately after taking the loan, if my father transfer the property to my name as gift. am i eligible for claiming the tax exemption solely.

karun   03 March 2010 at 09:57

Association of Persons

An AOP was formed on 01.04.2005 by virtue of a un terminatable lease deed for 25 years . It contained two
individuals father and son, Father died.

The lease deed contain a clause that it cannot be terminated by any means.

It means that now surviving son will be the leassor.

But son wants to continue the AOP taking his son in place of his father

My question are :

What will be the Fate of that AOP do we have to surrender the PAN No. alloted previously and apply the new Pan No.

or there will be only rectification of PAN

Chintan   02 March 2010 at 14:31

Overseas Funds

hi,

I am Indian citizen and my wife is Kenyan Citizen. We are staying in India. All my In-laws stays in Kenya. I want to know if my wife or any of my in-laws transfer some funds to my account or my wife account in India, then is it taxable. if yes, is there any exemption limit. Will it be added to my or her income during the year.

kindly advice

Chintan   01 March 2010 at 20:04

Capital GainTax On Sale of Agriculture Land

My grand father had acquired agriculture land before 1970 and is been transferred, inherited, to may father in 1975 and from him it was transferred on my name in 1995. Earlier this land was not fall within municipality limit, but now it have covered under the limit.I want to know whether or not the capital gain tax is applicable? if yes what is the rate?

if i will purchase agriculture land from the sales proceedings then what would be the tax liability.

Kindly let me know if any other tax implications on such transactions?

thank you

prasad   26 February 2010 at 19:52

TDS on rent -TDS return

If I was liable to deduct tax on rent paid since 1st July,2009 but I have not done so. Now if I deduct the tax deductible since July and submit it to the govnt alongwith the interest, am I required to file the returns for the July-Sept quarter and Oct- Dec quarter? Pls advise me.
Or should I make three different payments for the 3 quarters and also submit the quarterly returns and also three diff form 16A to the payee?

Anonymous   25 February 2010 at 20:45

late deposit of employee share

we have deposited few ESI and PF payments after the due under the PF act. employor share is allowed u/s 43B

what about the employee share even deposited before due date of return