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THANK YOU, SACHIN
Is it true that the commodity transaction tax has now been introduced in India? If so, are all commodities included, including agricultural products, within the ambit of the tax?
Legal disputes between Indian corporates and foreign entities have increased manifold in the last few years on account of increased volume of economic activity. However, the Indian judicial system is not able to cope up with the load. Is there any move to expedite the dispute resolution process?
I am planning to buy a property in Indore. I have been informed by my friend that I will have to deduct tax at source while paying money to the seller. As I am confused on the procedure, I seek your guidance.
The tax officer has assessed it as income and he has imposed penalty for concealment. What remedy do we have?
A few months ago the government had announced the formation of a bank exclusively for women. Is there any progress in this regard and when is the bank likely to be set up?
I have recently sold a plot of land after converting it into non-agricultural. The assessing officer is not accepting the value shown in the deed of transfer on the ground that it is lower than the stamp duty ready reckoner rate. Is his view legally binding?
I have some income in the United States. I want to know whether there is any authentic publication which gives information in respect of tax compliance. Can you let me know what is the amount of initial exemption for paying tax in the US?
As the firm defaulted in its commitments, the bank guarantee was invoked. Would the amount incurred in this regard be allowed as expenditure deductible against the business income of the firm?
The refund has been adjusted against demand of a preceding assessment year. Are the tax authorities justified in doing so?
Can you highlight one or two specific features of foreign trade policy 2009-14?
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