Income Tax queries [12754]

All Resolved Open

Anonymous

05 October 2014 at 14:55

What is annual information report

what is Annual information Report and whether High value transaction can be displayed in 26 AS.and what is its purpose.

GauravJ

05 October 2014 at 14:28

Calculation of basic exemption for service tax

Does rental earnings received from letting out of a residential building needs to be included in rental earnings from commercial letting while calculation of Basic exemption limit for service tax exemption?

Say, for example, Mr X receives Rs 864000 annually as rental income by way of letting out his commercial shop and Rs 324000 annually from renting out a residential property. Now, whether he is liable to pay service tax as his total rental receipts are more than 10 lac?

Anonymous

05 October 2014 at 13:07

Return penalty

Dear Sir
I want to ask you what is provision of late fee of Nil Quartly Return......
plz reply fast

CVREDDY

05 October 2014 at 12:47

Itr filing

when itr filing date for the financial year 13-14 & for assessment year 14-15

Shaindra Singh

05 October 2014 at 12:41

Is sm pm enough for exam point of view.

hello is P.M n Study material of institute is enough. or do I go for some other books of IPCC. private publication if yeas than which.

Deepak Garg

05 October 2014 at 12:35

Service tax

Explanation 2. to section 65B(44)—

For the purposes of this Chapter,—

(a) an unincorporated association or a body of persons, as the case may be, and a member thereof shall be treated as distinct persons;

My query is as follow:

(1). is Incorporated association or body of persons and its members, are distinct person or not, if yes why??

(2). whether service tax is applicable on service provided by incorporated association or body of persons to its members??