Ajay
11 July 2013 at 15:27

Sales out side the state

Sir/Madam,
We are Delhi based importers. Recently we have developed new customer in Gujarat.He is a registered dealer. Earlier we used to get our material cleared at New Delhi and than we use to supply.

Now since the customer is in Gujarat, we want to get the material custom cleared at Nahava Seheva Port and send it to Gujarat directly. This way we can save the double transportation and time.
Please suggest what all formalities needs to be done. What document transporter should carry along with him apart form customd cleared documents.


gayathri
11 July 2013 at 15:26

Income tax

A company pays subscription to madras club on behalf of director will it attract 194C ? In which section it has been specified or is there any case law for this?



Anonymous

Please guide, whether services provided by a Indian compnay in other country are taxable under service tax rules.



Anonymous

Can anyone tell me? i had file original e return for 3 quarter for the F.Y.2012-13. after that i have filed revised return(1 time) for that quarter but this time i have to file revised return(2 time) for same quarter. for that reason, i was go to traces for downloading consolidated fvu file but an error (this statement shows challan with more valid pan deductees entered than by you. please enter that challan details and respective dedutee details) occurs on that page. what can i do for download fvu file? please tell me sir.



Anonymous
11 July 2013 at 15:09

Capital gain tax solution pls guide

pls guide my mother purchased a plot in 1993 for fifty thousand from saving doing household work ,now due to some financial problem and unavoidable circumstances she is ready to sell for about 8 lacs,what would be the tax liability like,she doesnot have a pan card also pls explain and how to re invest or use the money.


DILIP
11 July 2013 at 15:01

Online audit report

Sir,
I am trying to upload my Audit Report in .xml file bt when i am filling i am not able to sign that report ans error shows that : cant read file for signing C:\fakepath\pilot3cb-3cd

kindly give me the solution for this so that i can file my report in time



Anonymous
11 July 2013 at 14:56

Property ownership - legal & tax

I am a salaried person and have sold a house in Delhi which was in joint name with my wife (I was the first owner and she the joint-owner and I had taken bank loan to buy the house and have since repaid it). I am buying a flat in Chennai (again jointly with my wife) from a reputed builder for which some advance has been paid. I am planning to go for registration. Except for a Rs. 2-3 lakhs which my wife is paying out of her tuition earnings, the entire payment comes from my earnings and the sale consideration of previous house only. Kindly advice, whether in this joint ownership, can I have my wife as the first owner and me as the 2nd joint-owner? What are the implications legally and tax-wise, I hope it won't tantamount to Gift etc? Pl advice in a lucid manner.


Prasad Naidu
11 July 2013 at 14:49

Interest on income tax for employee

Can i know percentage of interest on income tax.

one of the my employee suppose to pay income tax for the F.Y 2012-13 is Rs.1,00,000/- but we are deductiong from salary Rs.80,000/- for the F.Y 2012-13.

Now we are generated Form 16 and payable as showing as rs.20,000/-

Now employee wants to pay Rs.20,000/-. Is there any interest have to pay to department.
If, it is there, how much is the percentage and how to calculate the interest.



Anonymous

MY COMPANY NAME CHANGED AND WE WANT TO OBTAIN PAN CARD IN THE NEW NAME. PL SUGGEST PROCEDURE FOR SURRENDER OF PAN CARD IN OLD NAME AND ALSO FOR OBTAINING PAN CARD IN NEW NAME. THANKS. SRINIVAS. 913495731


Mitul Shah
11 July 2013 at 14:42

Futures & options

Dear Experts,

I have a query on Futures & Options. How to determine turnover of F&O While conducting audit? Further, whether section 44AD of IT Act. will attract F&O transactions as trading in derivatives is a business activity?

Seeking for your guidance





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