 When you loose children and claim them on your taxes...? |
| in 06 I had a baby and she passed a month later in 06 when I claimed her on my taxes I thought that I got about $1,000 for having a child and close to $1,000 for her passing away. Now I had the same ... |
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 Two jobs what happens about the tax? |
| Im in full time employment but i want to get a second Job with an agency they told me i have to pay emergency tax permanently is this true?... |
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 I just started working as an independent contractor/sole proprietor and buy my own health insurance.? |
| It is my understanding that I may be able to include the cost of the insurance as a business expense if I pay for it as part of my business. I have not incorporated or anything like that--I just ... |
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 Can the IRS take your house away if your living in it? |
| Is there anything they can't take or do? I have a friend you had a contract job and they only took out state and she didn't know that. Now she's in debt for 6k. Do they look at your ... |
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 Where can I complain about a store that I know doesnt pay tax? |
| I know of a store manager that doesnt pay tax. how do I complain to the IRS and get him busted?... |
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 Is the day coming when the Government just allows us pocket money? (UK)? |
So much income goes in tax and overheads it could be easier for them to take the lot and give us our spending money!!
It's very dispiriting to pay direct and indirect taxes on so many ... |
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 Unpaid council tax? |
| about 5 years ago I lost my job and moved out from my flat into a friends place, it has just occoured to me that I had some council tax to pay but moved out beofore I paid it. I looked at the council&... |
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 Will the IRS come after a spouse money when the other spouse has not filed taxes? |
| My little sister married a real loser last year. The guy has not really worked steady and now to make matters worse she just found out he has not filed in three years. Will the IRS garnish her wages? ... |
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 I had filed my tax return of 2005 myself through electrinically but there is mistake . what can i do now? |
| i had filed my last year tax return but i do not know why its mistake. there is 0.00 in my income and actually there should be some amount. what can i do in this situation . IS it consider as fail to ... |
|
 What does the tax delay really mean? |
| I heard that there is going to be a tax delay in refunds this year. The article said this mainly will effect early filers. Does this mean that people that file in mid Feb (like myself) will be ... |
|
 Stimulus check....? |
| Okay so I've heard a bunch of rumors. According to the easy access information out there, we're supposed to be getting our check direct deposit just like our tax refund. No later than May 9... |
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 I do avon do I need to pay tax ? |
| Hi I am an avon rep but I was told I dont earn enough to pay tax, is this right, I only get around 60 pound a month and sometimes less. Also as I am only getting this amount a month, is there ... |
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 I am a home based worker, can I claim back any tax for lighting, heating expenses etc? |
| I am a home based worker for a large company, however there is no office to work from within 2 hours. Therefore I have to work from home and one of my rooms at home is used as an office. During the ... |
|
 It is unconstitutional for the government to tax your wages (income tax)? |
| The government ratified amendment 16 in 1913 for the sole purpose of taxing corporations on the privilege of doing business in corporate form. -- http://caselaw.lp.findla... |
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 How long should it take before I get my tax refund/economic stimulus check? |
| I filed my taxes on the 3rd of April. How long does it normally take for the check to get to me?... |
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 Refund date changed from 1/25 to 2/12?? |
| Hi there, let me start off saying I AM NOT AFFECTED BY AMT..with that said, my tax return is really simple..this morning I went to the wheres my refund page and it said to call in error code 9001. I ... |
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 I need tax help. I am 21 with a tough problem, I fear Imprisonment!? |
| I am 21 years old and have never filed taxes before. I've had a number of jobs in atleast 3 different states, over the past 3 years. Also on my 18th birthday I received an inheritance of more ... |
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sgoel | Can an individual open and run two firms or more,in india ? |
Are there any sales-tax or income tax implications in such cases ? |
 |
 
Jairam K
|
Sorry buddy, but you seem a little kind in terms of your 2nd Q.
Well, you can run any number of firms or business or orginations, but, you should not be a Governmnet Employee or any Private Employee, who states in their policies that you are entitled not to do any side business.
Sales tax is applicable on almost all the things you sale from a shop should be legal & income tax is a tax which is applied on the incomes you earn, no matter how & from where the income comes. |
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Jeevan Kumar Mittal, 1956
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I have 20 firms. Sales tax only if trading etc. and limit exceeds limit. Income tax is applicable on total income from all firms. Sales tax is payable by firm but tax on income is total from all sources. You can make fool to VAT Deptt. but not to Income Tax Deptt. APPLY PAN in your name. |
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Hotshot
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what do you mean by two firms? Are these of identical objectives? Please be more specific to get a correct answer. |
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minootoo
|
Yes to all the Q? |
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sarjan
|
yes as many as you want. sales tax to be paid by the firm and income tax by the owner.ut at times, sales tax may be combined and you may be a looser. it all depends on right connections and right handling. |
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Gudsud55
 |
Yes, Sir !
Three bags full of Excise Duty, Sales Tax and Income Tax, that to complex. Not to bother, at all. When you are sucessful person with three different business, you are certainly take a help of expert from a particular field and share part of your earning with him. GOOD LUCK !! |
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shoki20007
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One can run any number of firms in different name as a sole prop of the firm and there is no income tax and sales tax problem. Sales tax is to be levied on the sales of the specific firm and the income of all the firms will be clubbed for the purpose of income tax. |
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marsh man
 |
You can run 2 or more firms, either as a proprietor, partner
Your income from all sources, has to computed together to fix the gross income as per I.T Act.
Every one of your concern whether as a proprietor or as a partner has to pay VAT, individually for all their purchases bought for trading individually, computed on a monthly basis on sales during the month.
. |
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A.K.jaiswal
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I have a proprietorship firm ,can i start one more proprietorship firm . |
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