Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5986 unanswered question(s) — Showing 2041–2060
| Que. Id | Date | Description |
|---|---|---|
| 17437 |
Aug. 01 2015 |
CAN 2 DIFFERENT PROPRIETOR OF FIRM JOIN AS PARTNER –
(MISC.)
I am proprietor of ABC Associates and one of my friend is also a proprietor of XYZ associates. Can we both create two new partnership firm and join each other as partner in others partnership firm. 1 ABC Associates (partnership firm - partner ABC XYZ) 2. XYZ Associates (Partnership Firm - Partners XYZ ABC) is it possible?? BY: GAURAV K. PITHADIYA No answers yet View Answers | Post Answers |
| 17430 |
Jul. 29 2015 |
Insurance Surveyor –
(Profits & Gains of Business & Profession)
Can an Insurance Surveyor compute his income us 44AD ? BY: CA. Jimmy Modi No answers yet View Answers | Post Answers |
| 17410 |
Jul. 22 2015 |
BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX ACT, 2015 –
(DIRECT TAXES)
The Indian persons who are residing in NEPALBHUTAN and paying taxes on the income earned in NEPALBHUTAN and also filing their income tax return from the income of India. They are showing only the assets in INDIA in the return filed in INDIA. Whether these persons need to disclose under "BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX ACT, 2015" These person has already paid taxes on income earned in NEPALBHUTAN as per the law of that country. Please give your valuable suggestions. BY: dhanindra kumar surana No answers yet View Answers | Post Answers |
| 17403 |
Jul. 14 2015 |
TDS LIABILITY IF TURNOVER <1 CRORES –
(TDS/TCS)
ONE OF MY CLIENT APPROACHED ME FOR CONSULTING APPLICABILITY OF TDS BELOW RS.1 CRORES. IN MY OPINION , US 194C , (C) OPTION OF 44AB IS NOT COVERED. KINDLY VERIFY MY OPINION WITH REGARDS TO THE PROVISION OF INCOME TAX ACT. BY: SUNIL KUMAR KHANNA No answers yet View Answers | Post Answers |
| 17393 |
Jul. 12 2015 |
Audit firm in corp form –
(AUDIT)
Whether an audit firm can be constituted as a company under company act 2013 BY: Mahesh Kumar No answers yet View Answers | Post Answers |
| 17392 |
Jul. 11 2015 |
ACTION TIME BARRED –
(TDS/TCS)
Intimation us 200A for processing of Regular tds processed on 29-5-2015 and received by assesse on 19-6-15.Facts are as under. form no 26q-regular statement filed on 26-4-2012 for f.y.2011-12. 4th quarter. processed on 29-5-2015 by demanding Tax of Rs 17710-.by way of short deduction and interest. please let me know whether action of Department is time barred in view of proviso to section 200A. BY: MAHADEO VIRUPAX WALI No answers yet View Answers | Post Answers |
| 17372 |
Jul. 03 2015 |
Aqual Culture Income U/S 44AD –
(DIRECT TAXES)
Assessee received income from Prawn Culture. Can he declare income us 44AD? Please give details. Thank You. BY: N RAJU No answers yet View Answers | Post Answers |
| 17344 |
Jun. 20 2015 |
Date of Registration with RBI against UCN 340838 –
(MISC.)
Dear Sir, My RBI Unique Code No. 340838 was allotted in the year 2000-2001 but the date of Registration with RBI not mentioned but it is required for Concurrent Audit Empanelment of Canara Bank. Please provide me the above Registration Date with RBI against Unique Code No. 340838 before 26.06.2015 otherwise i can not apply for the concurrent audit thanks with regards, CA Ramkrishna Ray M. No. 059795 FRN 324330E BY: RAMKRISHNA RAY No answers yet View Answers | Post Answers |
| 17286 |
May. 19 2015 |
Valuation of Land –
(MISC.)
Can anyone please guide how a valuation of vacant plot of land be made? What methodologies should be used? BY: Vaibhav Deodhar No answers yet View Answers | Post Answers |
| 17285 |
May. 18 2015 |
INTEREST AND INSTALLMENT OF HOUSING LOAN –
(Income From House-Property)
A husband and wife are the joint holders of a property ( 50 each) a housing loan is availed, the installment of which is being paid by the husband all the benefits under income tax act regarding deduction of interest, 80C are also being claimed by the husband. wife has no taxable income the bank while preparing the document has written the name of the wife as first name the name of husband as second name or as co-borrower. on the basis of bank documents , can department deny the deduction to husband how the facts can be changed with the shifting of names from second to first or from first to second ? further can joint borrowers make the payment to bank on behalf of each other? Please clarify BY: SURAJ KUMAR CHOUDHURY No answers yet View Answers | Post Answers |
| 17270 |
May. 11 2015 |
Recovery from salary allowable as deduction –
(Income From Salary)
An amount is recovered from salary due to wrong calculation of arrears paid in previous years. TDS was deducted in earlier years on that amount and the amount was also shown as income of previous years. Now the amount is recovered in cash from the employee. It is nowhere reflected in salary slip. Only an acknowledgement for receipt of such sum is issued to the employee. Now question is that whether the employee can claim the amount so recovered as deduction from his income? If, yes, how can it be reflected in IT return? BY: CA. chunauti dholakia No answers yet View Answers | Post Answers |
| 17271 |
May. 11 2015 |
Useful Life Computation as per part C of Schedule II of CA,2013 –
(Companies Act, 2013)
One of my client being a Pvt Ltd Co.engaged in manufacturing Activities. The Company has installed CCTV Cameras within Factory Premises for overall reviewing the manufacturing activities by the owners. Also there is Administrative Office in the Factory Premises itself. The production activities can be reviewed by the directors through such CCTV cameras being controlled from the Administrative Office. Now query is whether such CCTV Cameras are considered as Office Equipment or Plant Machinery for the purposes of determining useful lives as per part C of Schedule II of CA,2013. BY: SANJAY BAHETI No answers yet View Answers | Post Answers |
| 17233 |
Apr. 18 2015 |
40(a)(ia) –
(TDS/TCS)
Is section 40(a)(ia) appliable to salary payments.? There was a proposal in the Finance Bill (2) of 2014 to include salary also under the purview of section 40aia. But if i see the final Act passed, salary payments are not included. BY: CA. SOORAJ B No answers yet View Answers | Post Answers |
| 17228 |
Apr. 17 2015 |
TRANSER OF ARTICLES REQUIREDIF CA FIRM MERGED WITH OTHER CA FIRM? –
(MISC.)
If a proprietorship ca firm is merged with another CA Firm as per the MERGER guidelines of ICAI, then whether the articles registered under the member whose firm is merged have to be transferred under new firm? Or no action is reqiured? BY: PARTH No answers yet View Answers | Post Answers |
| 17221 |
Apr. 11 2015 |
PC against order of export house / Star house. –
(AUDIT)
Sir, Bank has granted PC against order received by an export house and passes to customer of the bank, against which customer availed PC from Bank. Is it correct, if not What we should do as an auditor? BY: RAM KUMAR SARASWAT No answers yet View Answers | Post Answers |
| 17218 |
Apr. 10 2015 |
Depreciation using WDV method –
(Companies Act, 2013)
Dear All, If we purchased a fixed assets let say computer of Rs 100000 on 01.03.2015 having a useful life of 3 years and residual value of 5. Can anyone explain the amount of depreciation to be charged each year till its life gte expired using WDV method with calculation. BY: Sharad No answers yet View Answers | Post Answers |
| 17206 |
Apr. 04 2015 |
Audit of Co operative Housing Society –
(OTHER BODIES)
Can a practising CA be appointed as an auditor of a co operative housing society without any empanelment with any registering authority? if any empanelment is required, how does a CA get empanelled? please help. BY: Abhishek No answers yet View Answers | Post Answers |
| 17204 |
Apr. 02 2015 |
Service tax payment of Chartered accountant –
(Service Tax)
Please let me known when the liability to pay service tax falls for a Chartered Accountant firm, whether monthly or quarterly basis BY: pradeep kumar agrawal No answers yet View Answers | Post Answers |
| 17205 |
Apr. 02 2015 |
Form H in Soft Form –
(VAT/Sales Tax)
Stock Register in Form H to be maintained under TN VAT Act showing stock inward and outward details. Can Form H be maintained in soft form like excel etc? Or should it be maintained in hard copies only? BY: balasubramanian No answers yet View Answers | Post Answers |
| 17201 |
Apr. 01 2015 |
Reverse charge mechanism –
(Service Tax)
Query in Service Tax Reverse charge mechanism X a proprietorship firm engaged in the business of providing security guard agency billed to Ms Y Pvt Ltd under reverse charge mechanism charging 25 in the bill and 75 to be borne by the service recipient (ie the pvt Ltd co). But the Pvt ltd co did not pay any thing in its end, and audit team took the matter in notice and the X service provider paid the balance 75 of ST together with intt. Now they are demanding the ST difference amount to be paid by the Pvt ltd company. Can the Pvt ltd company pay the amount to the service provider against the challan shown to them for the difference amount, and will the matter end here or the pvt ltd company which has not obtained the ST number also, should go for other course of action. Please advice BY: pradeep kumar agrawal No answers yet View Answers | Post Answers |
