Dear Experts, Can an advocate who is in taxation practice not doing court practice become a TAX RETURN PREPARER ?
I was suppose to file 27Q for the quarter apr to jun 2012. However I have filed 26Q instead. Does it attract any penalty? How should I make it correct? Do i have to pay any interest in case I file 27Q now?
Hello , I am Jaydeep from Surat, Gujarat. I am doing small business of Embroidery Jobwork.
I passed become and started business of embroidery jobwork in 2011. My purchase of yarn for jobwork is about 5,50,000/- and I have VAT Registration no.
In my business what happen is , My customer send me cloth and I do embroidery work on it and sent it back to respective customer after doing jobwork.
1) But I have one doubt that whether I have to charge vat on my sale bill only because I have purchase yarn of 550000/- which is vatable item.
2)Is vat applicable on embroidery work??
Please reply as early as possible
because I am confused.
Dear sir,
I am a Register Dealer in Gujarat. i sales good to Register dealer in Delhi against C-Forms
Which invoice required in case of sales against C-Forms?
Retail or Taxable Invoice
husband is filing his itr, is showing his total income only 165000. he has deduction of 80c of rs 56000 in his name but he does not want show it because his income is less than 180000.
but his wife has total income Rs 237000 she also have deduction of 80c in her name of Rs. 15000,
Question- is whife can take deduction of 80c of husband which is not used by husband but accualy paid by husband
avneesh.bibhu@gmail.com
a person is agent of lic. he received total commission Rs. 350000 so tds has been deducted Rs. 35000. now he want to fill return.
additional information is-:
Deduction of 80C available - 55000
he want to claim exp. - 115000
he want tax liability - nill
he want refund - toatal 35000
he is earning same amout from last two a/y
Please provide us-
1- which ITR is required
2- Can I file Itr 2,and i can claim exp.
3- if I file itr 4 than balance sheet and p/l is mandary or not
4- if i file itr 4 how much capital can take
5- if i file itr 4 what is business category
email- avneesh.bibhu@gmail.com
A Lady sold her main residence in 2009 for Rs. 4,00,000/- and during the same year invested Rs. 12,00,000/- for purchasing a new flat which is still under construction.
The lady is a house wife.
Whether she will be liable to pay any Capital Gains Tax and if so how much?
Whether basic exemption and other reliefs available in the income tax act are considered while calculating Capital Gains Tax?
Which are the section or provision supporting which says if certain condition is fulfilled then s-234 b c is not applicable even t liability go beyound Rs 10000/-
TdS on out side Payment
That amount send out side india to a foreign company for exhibition stall booking Charges and stall decoration charges for exhibition out side india whether tds should be deductable if yes which rate or not why in following condition : a) if Foreign company held a branch in india b) if Foreign company not held a branch in india
Capital expenditure of trust
RESPECTED EXPERTS, MY CLIENT IS A TURST WHICH UNREGISTERED UNDER IT ACT. IT IS DOING EXPENDITURE ON TRUST BUILDING FOR KHATRI CAST, OUT OF IT'S RENTAL RECEIPTS. THAT AFTER NO ANY SURPLUS REMAINING. MY QUESTION IS AS BELOW;-
1- CAPITAL EXPENDITURE IS ALLOW OR NOT?
2- IS IT LIABLE FOR GET AUDIT ?
3- CAN IT GET REGISTRAION UNDER SECTION 12A OF IT ACT?
4- IS IT LIABLE FOR FILE IT RETURN?
PLEASE GUIDE WHO CAN IT WILL BE DONE.