Does the Jharkhand Vat act allows deduction against Works Contract on account of Exps against Labour, Transportation, Gross Profit.
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,

Does the Renovation Exps/Capital Expenditure in making it habitable in a House qualify for deduction U/s 54

thanx for reply but tell me please if dere is any double taxation benefit agreement b/w india & london & Dubai..........if is den plz tell me for short term capital gain on equity shares.

Is tax audit is compulsory for every assessee and what is last is the due date of tax audit return

One of my relative had purchased equity shares of companies in India 15-20 years back ( in Indian Rupees ) when he was an Indian citizen. Few years back he became NRI , opened an NRO saving bank account linked to Dmat account and got the shares dematerialised.

Since he does not have trading account, transferred his shares ( off market )in my demat account which I sold through NSE and credited proceeds to his NRO account.

Would like to seek guidance on tax payable in either case if any.

sir, if i am discounting my bill thru financer and inwhich i passes my trade(property of bill) to financer and hence the financer directly collect payment from my seller. In this process, the financer cut some amount as a bill discounting and remaining amount pay to me. so, my query is wheter i should deduct tax on charged debited to my profit and loss account under the head of 'bill discount'. in recent judgement of of Kanha Vanaspati Ltd..v.Additional Commissioner of Income-tax, Range-50, New Delhi, kindly clarify considering this judgement. the main problem is how can i deduct tax as i am not directly paying anything in form of bill discounting as the financer cut the same charges and then after giving me a remaining payment

SIR/MAM,
MY QUERY IS RELATED TO SECTION 40A(3) WHICH CASH PAYMENT EXCEEDING RS 20000
I WANT TO ASK THAT IF CASH PAYMENT IS MADE BY RELIGIOUS INSTITUTION OR TRUST EXCEEDING RS 20000 IS COVERED BY ABOVE SECTION OR NOT AND PAYMENT EXCEEDING 20000
MADE FOR PURCHASE OF CAPITAL ASSET IS COVERED BY ABOVE SECTION OR NOT.
PLEASE SOLVE MY PROBLEM AND OBLIGE.
THANK YOU

Dear Ravi & Gul Ji Thanks for reply the query. My another query is if a CA conducts more than 30 audits. But He charged fees only from 30 audits whether there will be any breach, under any law.

if the TRAVEL AGENT sold the ticket after purhase the ticket from IATA agent then services tax is applicable on such sub traveller agent

Pls tell me on which amount Service tax will be charged in the following situation:-
A company has taken employees on contract.The contractor is charging Service tax in his bill on the following amount:-
Total wages of employees Rs.X
Service Charge @5%on RS X Rs.Y
Service Tax @ 12.36% on (RS.X+Y)
Is it right to charge service tax on (X+Y) or it should be charged on amount of Service charge only(ie RS.Y)