As per S/50C and/or S/56 (2) (vii) (b) of the Income Tax Act, 1961 - If Stamp duty value of an immovable property is higher than the Agreement value ... Read Full Issue

As per S/194 IA TDS @ 1% is to be deducted in respect of payment on transfer of certain immovable property other than Agricultural Land. Does ... Read Full Issue

Querist is a “Public Religious Trust” registered with the Charity Commissioner, Maharashtra State under the provisions of The Bombay ... Read Full Issue

1.      Where the Querist (Religious Trust) is the Landlord of a property and shops in that property is rented to tenants ... Read Full Issue

To the best of my knowledge, Service tax has been made applicable on all services unless they are covered in the Negative list or they are ... Read Full Issue

In case of a Public Trust having religious objects created prior to 1961 and 12A certificate obtained in 1976, if the Trust Deed / Constitution is ... Read Full Issue

trust prior to 1961 - 12A

Querist is a “Public Religious Trust” registered with the Charity Commissioner, Maharashtra State under the provisions of The Bombay ... Read Full Issue

1.      Where the Querist (Religious Trust) is the Landlord of a property and shops in that property is rented to tenants ... Read Full Issue

To the best of my knowledge, Service tax has been made applicable on all services unless they are covered in the Negative list or they are ... Read Full Issue

Dear Sir,  We have registered under 12A(a) of the Income tax Ac, 1961.  Can we falls under the exempted category as mentioned in Not. ... Read Full Issue

  Sir, When we execute the Turnkey contract ( EPC contract ) and the price for each activities are given seperately like; Design Engg, Supply, ... Read Full Issue

Some time Banks insist on 15 CA and 15 CB for remmittance for import of goods, is any provision is their that they are not applicable where No ... Read Full Issue