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EASYOFFICE
EASYOFFICE



Anonymous
This Query has 1 replies

This Query has 1 replies

06 November 2012 at 16:59

Cenvat

What is CENVAT?What is its accounting treatment?



Anonymous
This Query has 1 replies

This Query has 1 replies

04 November 2012 at 17:19

Din no

while making payment for DIN fee there is a something wrong and i didn't get DIN no nw i want to kmow my DIn using PAN no. it is possible?


Dilip Vora
This Query has 3 replies

This Query has 3 replies

03 November 2012 at 23:14

Diff.taxes & professional tax

Respected Experts & Members of this board,
As an Individual earning more than 25000/- per month (just contemplating this for my query-whether from salary or from business),What are the different types of taxes am I liable to pay to IT dept of India?

What is professional Tax?

Who is liable to pay Professional Tax?

If one is doing business and is paying Income tax already,Is he also liable to pay Professional Tax?

What are the different conditions to be fulfilled so that one becomes eligible to pay professional tax?
If an employee is working in a firm,who pays professional tax for him?

Hoping for a kind response from everyone
Regards,
Dilip Vora


Kapil Tiwari
This Query has 1 replies

This Query has 1 replies

I have been investing regularly in Fidelity Equity Fund (Growth). I stopped my SIP as soon as I learnt that L&T Mutual Fund was acquiring the schemes of Fidelity. Over 12 months have passed since I made almost all of my SIP investments (barring the last 4 monthly installments) in Fidelity Equity Fund (Growth).

Hence, the capital gains on all the units purchased (except the last 4 SIP installments) are long term and hence the long term capital gains from the redemption of these units should be exempt from tax and, furthermore, no exit load should be applicable on these units as they have been held for more than 12 months (1 year).


After 15/11/2012, Fidelity mutual fund schemes will be transferred to those of L&T.




Please clarify that even after the units are transferred from Fidelity Equity Fund to L&T Equity Fund, the units purchased by me (except the last 4 SIP installments, mentioned above) will still be considered long term, and hence, even if these units are redeemed immediately after their transfer from Fidelity Equity Fund to L&T Equity Fund, that is, redeemed in the 2ndhalf of November, 2012 itself:


1.the capital gains on redemption of these units will still be exempt from tax

2.the redemption of these units will still not attract any exit load

3.only STT @0.25% on total redemption amount has to be borne by me

I will be thankful to you if you could offer your clarifications at the earliest.



































Bhawna Rajpal
This Query has 2 replies

This Query has 2 replies

01 November 2012 at 13:27

Tds return and sales tax return

hi how to deposit online tds return and sales tax return ??

i need procedure and afer submitting both where to deposit hard copies of both with duly signed in south delhi or near by area.

thanks & regards
bhawna



Anonymous
This Query has 2 replies

This Query has 2 replies

30 October 2012 at 10:35

Itr

dear sir/madam,

my brother is MBBS doctor and working in a medical college as Lecturer and getting salary 30,000 per month, but the college is not issuing form 16 because they are taking his income under fees for professional and technical services services and also issuning form 16A. and in bank statement it is showing salary not fees.

please tell me which itr should we use for filling return.



Anonymous
This Query has 1 replies

This Query has 1 replies

29 October 2012 at 13:11

Itr

dear sir/madam,
i filed itr for a.y 10-11 online and for a.y 11-12 manually and now i want to file itr for a.y 12-13 online. can i file it online



Anonymous
This Query has 1 replies

This Query has 1 replies

24 October 2012 at 16:37

Challan missing of

Hi,
I had paid mvat through e-payment,challan MTR FORM NO.6. By mistake the print was not taken & also was not saved.

From where did i can get the challan. I have the tranx no. of e-payment.


rajendra rao
This Query has 1 replies

This Query has 1 replies

24 October 2012 at 04:02

Advance tax

senior citizen with no professional income but having pension ,interest and dividend income totalling Rs 8lac.shall have to pay incometax when i.e. at the time of filing return in june/july or as advance tax for assesment year 2013-14.


Kapil Tiwari
This Query has 5 replies

This Query has 5 replies

A vacant plot of land was sold for a net sale consideration of Rs.1,10,36,000/-. The fair market value, after indexation, of the land, as on 01/04/1981, was Rs.19,39,091/-. Hence, Long Term Capital Gain was Rs.90,96,909/-.

The following are the investments made and proposed to be made for claiming tax exemption:
1)Rs.50,00,000 in NHAI plus REC bonds for exemption u/s 54EC(now, investment already made),
2)Rs.60,36,000 in a residential property for exemption u/s 54F(proposed to be made)

Please advise:
a)computation of the total tax exemptions that can be availed,
b)total Long Term Capital Gains Tax payable after considering the exemptions.