If the property tax is paid in 2014-15 pertaining to years 2007 to 2013 then can the deduction be taken in 2014-15

ammendments applicable for nov'14 attempt at ipc level which subjects and topics in which ammendments hav been introduced ?

Hello..... I've filed an ITR of salaried individual.....by mistake failed to consider negative income(ie interest) on house property(self occupied)...will the return be rectified under section 139(5) or 139(9)?plz clarify

Dear All,

It is possible for Excise and Service Tax both are in one invoice?

Please tell me

Dear sir,

My client company is receiving a service of quality control of their product from a german company.Is it taxable under reverse charge? if yes what is the percentage for both?
And an employee is receiving training program from the foreign company. Is it taxable ??
Thanx in advance.

Whether reimbursement of expenses incurs service tax - plz help

Hi friends
good morning

In a construction company one depreciate asset sold for Rs. 10,00,000, WDV value is Rs.40,529. profit on sale of asset Rs.9,59,471 is it comes under long term capital gain or short term capital gain.

that asset was held more than 36 months .

under which tax attract.

Dear All Friends, we have a partnership firm and we paid our service tax with cheque on 5 th of this may but problem is that we write our sister concern firm name and assessi code in GR 7 now it shows that our sister concern firm paid that service tax. kindly do the needful for how to rectify that

if i remit 64001 rs to my employee instead of rs 6401 as salary and then i recovered rs 50,000 from him through net banking in the same account from which payment was made and remaining amount in cash ie 7580 then what would be its impilcation from accounting and income tax point of view does it is covered in money laundering act as offence or not

We are in automotive industry. HS Code of our finished product which we are declaring in Excise documents and as per the technical specifications are different. But the Excise duty is same. Hence no any duty loss to Excise Dept.

What you suggest we should continue this as it is or we have to correct it.

What will be the implications if we continue this as it is.

Please answer.