PLZ BRIEFLY TELL ME THE CONCEPT OF VAT

Can any one suggest me that according to "Declaration under notification No 32/2004-Service Tax" transport of goods by road service under the provisions of the Cenvat Credit Rules, 2004 during the period 01/04/2005 to 31/03/2006.

Now my Question is that it is neccesary to Deposite Service tax for the above services, when we receive material from supplier we have to deposite Service tax for the same with form no. ST3 also we are engaged in Builders & Developers Group so plz slove my question.

Sir,

Please tell me the Guidelines regarding Section 40A(3), & Brief Idea about this section.

answer must be urgent

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.

As we all know a company being a juristic person can become a partner in a partnership firm, if it is authorised to do so by its objects.

But the liability of a partnership firm is unlimited on the other hand liability of a company is usually limited.

My Query

So if a limited company becomes member of a partnership firm then what would be the status of company’s liability in that Partnership Firm?
Is there any decided case law etc.?

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.

Dear Friends,
We are in process of Invesing Rs. 50 Lacs in NHAI/REC Bonds u/s 54EC to save Income Tax on Capital Gain. We will get 6.25% interest pa on the same.

Will this interset Taxable in our hand? if yes, at which rate?

REC/NHAI has been given special exemption from deduction of TDS on the same.

A NRI WANTS TO PURCHASE PROPERTY IN INDIA.
IS ANY RESTRICTION ON THE SAME? THE PAYMENT MODE WILL BE RUPEES OR IN FORIEGN CURRENCY.

IF NRI WANTS TO PURCHASE A HOUSE FROM HIS BROTHER, THEN WHAT WILL BE THE POSITION.

WHICH SECTION OF IT ACT, 1961 OR OTHER ACTS DEAL THE SAID CASE.