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Queries Participated

prithwish sengupta   01 August 2014 at 10:24

80 c deduction on stamp duty paid on purchase of land

Dear Sir,

I have purchased a residential plot in AY 2014-15, and paid stamp duty of rs 21900 on the same. Whether i can take deduction under 80 c for stamp duty paid on purshase of residential plot.

Regards

prithwish sengupta   27 April 2014 at 19:16

Employee provident fund

will i get employer's contribution made in EPF along with my contribution made in the EPF in case of resignation from my job? i have served for 2 years and 8 months.

prithwish sengupta   26 June 2013 at 11:59

Tax deducted at source

Respected Sir,
i am an employee of naval dockyard. For AY 2012-13 i have received a demand notice of Rs.80000 from IT office. However I would like to inform that Naval Dockyard (My employer) has deducted the TDS but has not deposited the same withb the authority. Kindly advice me what to do as i am no where responsible for the act of the employer.

Thanks

prithwish sengupta   29 August 2012 at 10:35

Arrear salary

Is it compulsory to submit Form 10 E to claim relief u/s 89 (1) for arrear salaty? If Yes, to whom should it be submitted?

Kindly suggest.

prithwish sengupta   24 August 2012 at 11:53

Partnership act

1.can a registered partnership firm give loan to a partner's individual business?
2. is it required to be mentioned in the object clause of the registered partnership firm's object clause?
3. If it is not mentioned in the object clause, what is the legal implicationa and does it any how effects lender's rights aganist the regisytered firm?
Kindly suggest.
Thanking You.

prithwish sengupta   15 August 2012 at 10:20

Gratutity

Dear Sir,
An employee serves 2 years as temporary staff and get confirmed.he works for further 10 years and retired. Whether he is eligible for gratuity of 10 years or 12 years??

Kindly suggest.

prithwish sengupta   02 May 2012 at 10:23

Place of receipt of an income in case of electronic transfer.

In case of electronic transfer (NEFT) to a party situated at a place out side india from india, what is the place of "Receipt"??
Has the income been received in India or Out side India ??

prithwish sengupta   22 February 2012 at 10:16

Cenvat credit

As per the recent amendments, service tax liability arises on accural basis,i.e. assessee has to pay service tax as soon as the bill is raised.
Is the same applicable in case of cenvat credit on input services, i.e can assessee claim cenvat credit on service tax paid as soon as he receives the bill evev he does not pay it or pays it on a latter date??

prithwish sengupta   17 December 2011 at 11:02

House property and huf

Respected sir,
I have purcahsed a house property in my individual name (eg. Mr. Ramesh, religion HINDU),for this purchase i have taken a housing loan from bank of india.
now, i have let this propety out for rent of Rs 15000 p.m.
Following are my queries
1.Can i create a H.U.F.and introduced this house property as capital contribution to the HUF?
2.IF yes, can i claim rental income as income of the HUF?
3. As i am paying the installment in my individual capacity, can i transfer this loan too to the HUF as liability and pay out of income generated from the HUF and claim deduction as per different provisions of I.T.Act?
4. even i pay instalment in my individual capacity for property, am i eligible to claim deduction u/s 80c for principal and Deuction u/s 24 for interest element for HUF income?

prithwish sengupta   09 December 2011 at 14:42

Income arising from pending case

i am a salaried employee working in a bank.
i have earned income for FY 2010-11 and file the return timely and claim refund in my return which i have recived from the income tax department.
However, at the time of filing the return, bank lodged a case in the high court regarding taxation of the pension. At that time bank did not deduct tax at sourcefro any employee.
Now the verdict has come aganist the bank and high court has ordered the bank to deduct TDS at source.
Now i am confused about what to do regarding my income related to previous year 2010-11, which was disputed and received by me during the current year.?
Can i revise my return? because due date for revision the return is 1 year from the end of the assessment year or completion of assessment, which is earlier.As i have received my refund, now can i go for revised return?
kindly suggest the right procedure to pay the tax on the income which was disputed and received by me during the current year i.e.2011-12.