HELLO,
Q: ANY ASSESSEE WHO HAVE SERVICE TAX REGISTRATION NUMBER BUT INCOME IS BELOW 10LAKH . AND HE IS NITHER PAID NOR FILE ANY TAX /RETURN.
WHETHER HE CAN AVAIL BENIFIT UNDER THIS SCHEME?

Sir,
I have a client having an FD in State Bank of India earning interest income of Rs.200000 p.a. His wife also has 2 FDs in ICICI bank earning an income of Rs.100000 each p.a. Both their incomes accrue in their respective FDs and is transferred to their joint account in South Indian Bank. Both of them are senior citizens. Are they liable to pay tax??

Thanking you in anticipation

Dear Sir,

We have made online application for Excise Registration Number, we obtained that immediately after complete the online process. Department has issued Excise Registration certificate and date of issue certificate is fall in july.

We have made some excisable transaction in June, and paid duty before due date. Now when we are going to file the ER1, face error that "Invalid entry for the month-year Combination . The entry should fall between the year and month of your registration and the previous month of the current year" Kindly guide us.

Dear Sir,
My client is dealer and dealing in item which falls in Schedule I. He purchased the raw material and VAT is charged by the supplier. Now, my client is preparing the item which falls under GVAT Schedule I. So there is no VAT on sales. So, can we get credit on purchase...? If no, then tell me any other way to convince the supplier not to charge the VAT?

If a senior citizen having loss from business or say no profit no loss and having rental income whether section 234b is applicable..rply fast please

Dear Sir / Madam,

in March 13 we have not booked prof fees invoice

so now we have booked the invoice in and TDS booked

TDS amt comes to RS.14158/-

requesting you to kindly advise interest payable upto july 13

regards

For Assessment year 2013-2014 there is notification that those earning salary upto 5 lakhs have to file income tax returns.

I have employees who are paid far below taxble income of Rs.16,500 per month (2 lakhs per annum) and they dont have any tax to pay as they do not cross this figure before any deductions. Are such employees also required to file returns starting this year onwards.

I want registrar for STPI, So I want know procedure of STPI. Can you Help me out?

My Company has ended up deducting about Rs 1 lakh additional income tax from me over what is correct. They did not take my loss from hoiusing property calculation.

Alternatively I have to pay Rs 2.10 Lakhs of Long Term Capital Gains Tax for the same FY.

Can the excess Income tax be deduced from the long term capital gains tax payable.

Thanks

VIshal

Whether issue of fresh shares - rights shares at a price lower than the FMV would attract Section 56(2)(viia) & Section 56(2)(viib)? Please guide.