EASYOFFICE
EASYOFFICE
EASYOFFICE



Anonymous
This Query has 1 replies

This Query has 1 replies

27 August 2012 at 12:53

Medical bills exemption

dear sir/ madam,
I could not produce my medical bills to my company before the last date announced by the it.I have two doubts-:
1)Is it possible for me to claim the same while filing the return of income?
2)How much can I claim?would it be subject to medical allowance given by my employer?
kindly, explain me the provisions of section 10 with regards to exemption on medical bills.
This is urgent. kindly reply soon.
Thanks a lot.


**KK**
This Query has 4 replies

This Query has 4 replies

25 August 2012 at 11:57

Agri or business

Hi..
Type of Business:
Purchasing coconut shell from farmers as raw material and converting it to charcoal manually without using any machinery and distributing it to various cities only domestic.
My queries :
1. Whether it comes under Agricultural Income or Business Income?
2. Whether TN VAT is applicable for this Charcoal?
3. Two members are jointly doing this business.. whether partnership firm or pvt ltd company to be formed?



Anonymous
This Query has 2 replies

This Query has 2 replies

25 August 2012 at 11:00

How to get refund

Dear Sir,

I pay Income-Tax twice

How can I get refund of excess pay of Income-tax ?

In case of
1) I am a Taxpayer(Assessee)
2) I am a Tax-Constance and pay Income-Tax
in my Accounts


trilok
This Query has 1 replies

This Query has 1 replies

24 August 2012 at 13:14

Stamp duty

Good afternoon sir/madam

my query is if partner of the firm bring property (Land/Building) as a capital whether stamp duty (Maharashtra) is compulsory or not?



Anonymous
This Query has 1 replies

This Query has 1 replies

Facts of the case :

Mr.X a Non Resident of USA and a Resident Indian is an owner of LLC in USA.

LLC do the business of 100000$ in USA and spent 90000$ for the business and on Business income of $10,000. on this business incoem it pays applicable taxes in USA @ 15% i.e. $ 1500.

What will be the tax implication for the balance $ 8500. if Mr. X

1) Bring this $ 8500 in India, Will it be taxable in india? will DTAA would come in focus ? What about Transfer pricing ?

[ considering the fact LLC is located in India but managed & Control by owner Mr. X in india. ]


2)Do not bring $ 8500 in India.

Will it be taxable in india? will DTAA would come in focus ? What about Transfer pricing ?

[ considering the fact LLC is located in India but managed & Control by owner Mr. X in india. ]


NOTE : PLEASE REPLY IF YOU ARE SURE ABOUT YOUR ANSWER. ( if you want to put only your view in that case don`t forget to say it is just your view which is subject to confirmation).
THE ONLY REASON TO TELL THIS IS THAT, NO ONE SHOULD BE MIS GUIDE WITH THIS CONVERSATION.
AND EVERY QUERY ON THIS DESK / CA CLUB SHOULD BE RESOLVED WITH CORRECT ANSWERS ONLY.






Anonymous
This Query has 2 replies

This Query has 2 replies

23 August 2012 at 15:09

Message of return filing

Dear All,

2 days back we have received a message from TD-ESERCH that Dear user, Your return is due for TIN -**********, Period - Annual Statement & Financial Year 2010-11, 31-aug-12 is the last date of file annual statement for FY 2010-11. Pl file ur return.

Our co incorporated in feb-12 & registered in sale tax chhatisgarh in june-12.

Pl help what Dept of return status is this Income Tax, Service Tax, Sale tax or what.. Plz guide..


pawan
This Query has 1 replies

This Query has 1 replies

pls suggest the answer...

which ITR a partner of a practicing company secretaries firm is required to file. When the firm has 2 partners and firm is not registered in the office of registrar of firms and having no separate pan card of its own..

pls reply soon.


Meenu Agarwal
This Query has 3 replies

This Query has 3 replies

21 August 2012 at 13:55

Tds

Suppose if a company got incorporated on 19.06.2012. And the director has made two payments for company without deducting any TDS before incorporation. One is the salary payment of Rs. 3 lacs of one director for April and half May, (salary is Rs. 2,00,000 pm.) and another is the Lawyers fees for incorporating the company of Rs. 2 lacs.
Now the company after incorporation has applied for TAN and got TAN on 23.07.2012.

Now my question is?
1. What should be the amount charged as pre- incorporation expenses?
2. Whether TDS needs tobe deducted on pre-incorporation expenses, if Yes what is the due date of deduction and payment?
3. If salary cannot be incorporation expenses, what is the due date of deduction and deposit of TDS on Salary?

Please help me. I am very much confused.


Meenu Agarwal
This Query has 2 replies

This Query has 2 replies

21 August 2012 at 13:44

Deduction of tds

Is TDS needs to be deducted for professional fees paid before incorporation?



Anonymous
This Query has 1 replies

This Query has 1 replies

20 August 2012 at 14:46

Refund claim

MY CLIENT WANTS TO CLAIM ADDITIONAL REFUND OF THE TDS DEDUCTED , EXCESS OF THAT WHICH WAS RETURNED AND ALSO THAT WHICH WAS ASSESSED BY AO.THE REFUND AMT IS IN CRORES .PLEASE HELP ME WHICH IS THE RIGHT WAY FOR ME OF THESE TWO ? :
1) Application U/s 119(2)(b)to CBDT
2) Application to the Income Tax Ombudsman

Also please tell me whether i can file an application to the IT Ombudsman in case if CBDT fails to respond or does not grant the refund ? or should I enquire in CBDT under RTI Act ? please help & chart the right way for me....