Under section 10 (38) of Income Tax Act, the Capital Gain on sale of shares held for more then 12 months is exempt if the shares under consideration ... Read Full Issue

The HUF received a gift on the marriage of one of its member for a sum of Rs. 2.00 lac. Will it be exempted gift to the HUF being on the marriage of ... Read Full Issue

Finance act no 2 of 2009 has extended the exemption u/s 10 A/10B upto 31.3.2011. What does it mean for the units who have started there manufacturing ... Read Full Issue

A firm of chartered accountant in Delhi provides professionsal services to firm of CA's of USA/UK for there clients in UK/USA and get the fee from ... Read Full Issue

what is the taxablity of service tax, on foreign currency receipts in india,on coaching, being providee in India to non residents.

Can the interest u/s 234-B and 234-C imposed where the assessment has been completed after proceedings u/s 147/148. Pl also provide the case law.

i have given a gift of Rs 100000 to me elder brothers wife. whether the same is taxable or not. kindly advise

What is the applicable rate of service tax for an invoice raised in the month of March for the services rendered in February esp. in relation to ... Read Full Issue

Which rate will be applicable on advance payment received along with 12% service tax for services which are rendered either on 24.02.09 or will be ... Read Full Issue

TIP RECEIVED IN HOTEL LINE IS TAXABLE UNDER WHAT HEAD

Whether Land situated in Nagar Panchayat Area of which population is less than 10000 would be capital asset. Please note that name of this Nagar ... Read Full Issue

I am running restaurant in Gurgaon and my company is registered under the company Law. I want to know that can I register with sales Tax department ... Read Full Issue