CA. Santosh Jain
27 March 2009 at 11:13

Income tax return

If a assesse has received pan number in one state. can he submit the return in other state showing address of other state in itr ?


shabbir
27 March 2009 at 11:00

Service Tax entries

please explain me about the types of accounts to be maintain in case of service tax and service tax inword credit
and how entries to be passed in this accounts,please solve this query


Mohan Reddy
27 March 2009 at 10:57

Compensation recd.

An assessee was using a property on rent from a builder of Rs. 100 p.m. The builder paid Rs. 750000/- to assessee as compensation to vacate the property..
Will it be taxable and under which head...


Dileep kumar Thippireddy
27 March 2009 at 10:56

Tax

Dear All,

Please let me know , whether TDS is to be deducted on Gross amount of bill or excluding service tax?


Bhavin Kanabar
27 March 2009 at 10:56

Pvt.ltd.



Dear Members...

I want to know the benefit of create a Pvt.ltd.co. against properitorship or partnership business.


Mohan Reddy
27 March 2009 at 10:55

Compensation recd.

An assessee was using a property on rent from a builder for Rs. 100 p.m. The builder has now paid Rs. 750000/- to assessee as compensation to vacate the property..
Will it be taxable and under which head...


Dileep kumar Thippireddy
27 March 2009 at 10:53

Tax

Dear All,

Please let me know , whether TDS is to be deducted on Gross amount of bill or excluding service tax?


Narendra
27 March 2009 at 10:34

Service Tax

Sir,

pls tell how should i calculate service tax amount to be deposited.

Suppose I my output service tax is Rs. 5000/- and input service tax is Rs. 1000
then should I deposit rs. 4000 or there is other way of calculation.


Guest
27 March 2009 at 09:25

About clubbing of assets

hello everyone
My query is regarding clubbing provisions under wealth tax act.
my question is:-
Suppose a husband transfers gold to his wife without adequate consideration and his wife pledges gold and purchases motor car from such loan.It is clear that gold will be clubbed with the assets of husband and motor car will be included in the assets of wife.But what about deduction of this loan?
As per my understanding i think this loan will also be considered as debt for husband but it cannot be deducted from his wealth as debt is taken for purchasing motor car which is not included in the net wealth of husband.(as per wordings of section 2(m) that debts to be deducted for debts incurred in relation to the assets included in net weath).
please suggest me treatment of the debt in this case)


BHAVIN SHAH

Dear All,

My query is that the TDS is applicable on the amount of the software purchase?

According to my rererence, payment of the software purchase is covered U/s 9(1) royalty payment and royalty is covered under the Section 194-J, so i feel that, TDS is applicable on the amount of the computer software, but i need your expert comment on this issue.

Bhavin Shah