CA Manish K Dhoot
14 May 2009 at 06:04

GST Applicability

From which date GST will be applicable?

Is it from 01.04.2010 ?


Bhadresh

Assessee has STCG in A.Y.04-05 which he has setoff agst b/f LTCG of A.Y.02-03.
A.O.did not allow setoff on the basis of sec.74(1)(b). Sec.74(1)(b) came from w.e.f. 01/04/2003," in so far as such loss relates to a LTCA, it shall be set off agst income, if any, under the head Capital Gains assessable for that A.Y. in respect of any other capital asset not being STCA."
So my query is whether assessee can take setoff of STCG agst LTCL.


Bhadresh

Assessee has STCG in A.Y.04-05 which he has setoff agst b/f LTCG of A.Y.02-03.
A.O.did not allow setoff on the basis of sec.74(1)(b). Sec.74(1)(b) came from w.e.f. 01/04/2003," in so far as such loss relates to a LTCA, it shall be set off agst income, if any, under the head Capital Gains assessable for that A.Y. in respect of any other capital asset not being STCA."
So my query is whether assessee can take setoff of STCG agst LTCL.


S.M.Palaniswamy
08 April 2009 at 09:45

TNGST u/s 12C

for the financial year 2005-2006, a dealer filed monthly returns for the declared goods without A-9 and paid tax @ 4% for purchases from unregistered dealer. In this circumstances as assessing officer issued a notice 2 times for proofe the purchases from registered dealers because of second sale. But the dealer did not ask time or appeared. So, an assessing officer passed an order disallowing exemption and levy tax @ 4% on entire sale turnover. Is this correct? if this is correct there is any chance for revision and what grounds. Please mention if any case filed by anybody and judgement.


Samir

SIR,

WHETHER SALE AGST. H FORM IS TREATED AS EXPORT SALE IN EXCISE OR NOT & SAME IS EXCLUDED WHILE CALCULATING LIMIT OF TURNOVER LIMIT OF 150 LAKHS FOR SSI UNIT ?

THANKS


N.J.R

If there is a

Long Term Capital Loss on Sale of Eq Shares thro reco. Stock Ex (STT paid)
Rs. 10 lacs &

Long Term Capital Gain on sale of Eq. Shares (STT not paid) Rs. 7 lacs

If other incomes being NIL

what will be the tax incidence precisely?


Vishnu Agarwal
18 August 2008 at 15:43

relating to GST NO.




WHAT IS THE FULL FORM OF GST NO.?


gajendra
16 June 2008 at 09:52

credit agst service tax

Dear Sir!
We are having huge balance in our "VAT CREDIT RECEIVABLE ACCOUNT".
Same time we are having huge liability against our service tax payable account.
Can it be setoff?
Please confirm.
gajendra
gajendrac@solectron.com