My friend's client has given on rent his commercial premises on which service tax was duly charged and paid to the Government. However the lessee/ tenant had damaged the premises and the furniture given for use, the rent covered all such items he has agreed to vacate the premises for reasonable compensation. The query is that the amount which the ;lessee/ tenant agrees to pay by way of compensation and damages whether such compensation or damages is liable to service tax? If Yes/No under which provision of Service Tax Law.
Your valued opinion shall be highly appreciated by me.
Tulsi Kapadiya
PROPERTY SOLD BY MOTHER AND INCOME RECEIVED BY SON.
WHAT TAX TREATMENT
1-IN HANDS OF MOTHER
2-IN HAND OF SON.
ENTIRE AMT RECEIVED BY SON.
WHICH INCOME HEAD WILL BE TAXABLE IN CASE OF SON.
for din application in which form we have to file.
Please can any one tell about DIR 3 & DIN 1& which annexture have to attached DIR 4 /DIN 1
CAn 3 Non Indian Citizens form Indian Company ( Private Limited)?? Is it manadatory to have an Indian Citizen as a director ?
If a Private Company makes a loss in Previous Year then is it Compulsory to do Tax Audit.
Total Turnover of Company is just INR 26,000/-
( Twenty Six Tousands only).
&
It incurred loss of -9000/-
My client wants to purchase a property from a NRI for 80 lacs . Seller do have PAN. rate of TDS ?
Dear All
Mr.A is paying Rs 30,000/pm for getting Liquor License fee from Mr.B. Both r the individuals. And Mr.A sales are more than the Rs 1 crore, then under which section Tds has to be deducted.
Please help me with regarding to this
Thank you
Amar
Hi, suppose the Assessee has transferred land and building and he claims he transferred it for 25 lacs, but in opinion of stamp valuation Authority it is 28 lacs, it is then disputed and the matter is then referred to a valuation officer who determines the value as 23 lacs, what should be taken as the consideration for transfer in this case?
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Compensation/ damages receivale