MY AGE IS 25 YEAR, I RECEIVED RS.1000000/- BY CHQ AS A GIFT FROM MY FATHER. BUT MY FATHER IS NOT FILING I.T. RETURN. MY FATHER GET THIS INCOME FROM SALES OF LAND.
LET ME KNOW THIS GIFT AMT CAN I GET EXEMPTION IN MY I.T. RETURN?

I have a doubt regarding if an assesse(Being a Company) has to deduct TDS on the interest paid for the Car Loans availed from NBFC e.g. Kotak Mahindra Prime Limited or Tata Capital Limited.

If any exemption is provided for the above then can anybody please provide me the reference of the said exemption.

Thanks in Advance.
Quick reply is highly appriciated.

Dear Sir,

software supplier company chrges service tax on the total cost of soft ware and again charges 5% Vat (Chhattigarh state) on the Gross value of the soft ware including service tax.

Kindly advise whether VAT is applicable in this case ?

Exp. total cost of soft ware 10,000.00
Add Service Tax (12.36%) 1,236.00
---------
Total amount 11,236.00

Add VAT (5%) 561.80
--------
Total Bill amount 11,797.80
=========

i am having the class of SFM on alternate days basis, but now the cordinator is asking for the daily coaching classes & the timings are 11 AM to 2 PM which is affecting my articleship. kindly suggest me what to do as the course is almost 65% complete & i have made all payment to him.

Dear Sir,

WE ARE HEALTH CARE RETAILER SO WE CAN ALWAYS ADVT IN NEWS PAPER TROUGH OUR CONTRACTOR. AND THEY ARE PVT COMPANY SO WHAT RATE WE CHARGES TDS THEY ARE CONTRACTOR NOT IN NEWS PRINT MEDIA COMPANY.

2) THEY BILL AMOUNT IS 40500/- THEY GIVE DISCOUNT 5062/- Net PAYABLE AMOUNT IS RS.34628 SO WHICH AMOUNT APPLICABLE FOR TDS ???

We want to shut down an private Ltd company in this month under Easy Exist Scheme..

But an easy exist scheme 2010&2011 was for respective periods 30.5.2010 To 31.8.2010& EES 2011 was for the period 1.1.2011To 30.4.2011.

so that schemes are not applicable to us.

wether there is any Easy Exist Scheme for 2013 or is gong to come in future....

Pls revert as earliest conveniance or how should we proceed for the Shut down if there is no EES for 2013..

can i fill return for FY 2010-11 & 11-12 return on 1/4/2013 as a nil...?

MR. R taken loan under personal loan scheme & gold loan scheme from Nationalised Bank and utilised the funds for the purchase of his Residential House. Whether the repayment of the same is eligible for deduction u/s 80C?

Please Reply

CAN ANYBODY TELL ME ABOUT CPA (USA) COURSE , ABOUT ITS DURATION , EXAM CENTER , REGISTRATION CENTER , FEES AND SYLLABUS.

PLEASE PROVIDE ME DETAILED INFORMATION , I HAVE TRIED TO GET THE INFO BUT NOT GETTING PROPER INFORMATIOMS,


PLEASE HELP

we have received a notice for non payment of stamp duty on share certificate which were issued in 2012, now please tell me what should i do and there is any remedy if yes plz help me its urgent and in notice stamp duty alongwith penalty of 10times of amt of duty is demanded.


Thanks