Sebi offers a way over FPI tax rule hurdle
You can add further comments to your query by clicking on "Add Comment".
This link will appear only, if you are logged-in with your user id and password. The same will appear as
"Querist Comment" on the Forum.
Click here to Post your Query >>5986 unanswered question(s) — Showing 2061–2080
| Que. Id | Date | Description |
|---|---|---|
| 17202 |
Apr. 01 2015 |
Depreciation on Renovation done in Leasehold Property –
(Profits & Gains of Business & Profession)
Dear All, Can we claim depreciation on Furniture attached to wall in case of leased property extensive renovation (like flooring, lighting, painting etc.) made on leasehold shop or store? or should we treat the above expenses as Revenue expenses as per section 30 of Income Tax Act 1961? BY: noel christian No answers yet View Answers | Post Answers |
| 17203 |
Apr. 01 2015 |
Applicability of Rule 6 of Cenvat Credit Rule. –
(INDIRECT TAXES)
Company is manufacturer of Lens as well as do trading of lens were no manufacturing is required i.e is sold as such on commercial invoice with applicable VAT on it without excise invoice. But mfg lens is sold with excise invoice. Both the activity is carried out at same premises. Does the company require to maintain separate ac and if not possible than what to do. BY: CHANDAN SINGH No answers yet View Answers | Post Answers |
| 17197 |
Mar. 30 2015 |
Gift under section 56 of I.T>Act –
(DIRECT TAXES)
Whether a Gift of movable amount by means of Account payee cheque from Uncle to his nephew through a gift deed is exempted from tax and the relationship between them is covered under definition of term "Relative" or not. is it valid gift and exempt from tax by virtue of section of 56 of I.T.Act. BY: SANJAY BAHETI No answers yet View Answers | Post Answers |
| 17198 |
Mar. 30 2015 |
Ombudsman Office filing of ITR –
(DIRECT TAXES)
Whether a ombudsman Office needs to file ITR and if yes then which Form is applicable. In case of Insurance Ombudsman the funds are received from each insurance company as a reimbursement which is expensed out for salary of ombudsman rent of office etc. So whether they need to file any Income tax return because they are formed under specific rules and for providing general help to public and there is no profit motive at all. BY: Vivek Mehta No answers yet View Answers | Post Answers |
| 17199 |
Mar. 30 2015 |
Whether FBT is appicable on fuel charges in case of assessee who is engaged into car renting busines –
(FBT)
Assessee is engaged in car renting business. Till the FY 2008-09 FBT was liable on Fuel charges or Petrol conveyance charges. But in the case of this assessee, the fuel charges are direct expenditure and is technically an input to his core activity of Car renting. My question is whether these fuel charges are exempt from FBT? if yes then can the assessee recover the same if it has been paid already? Is there any circular regarding this exemption because this would be common problem for aviation companies. BY: Nikhil Shendye No answers yet View Answers | Post Answers |
| 17194 |
Mar. 28 2015 |
Applicability of TDS u/s 194-IA where no monetory consideration is involved –
(TDS/TCS)
a Person has transferred some portion of the land to his nephew in consideration to acquire full rights over the total inherited land. Purchase deed has mention of all of these conditions. There is no money consideration involved anywhere. 194IA says that any person responsible for making Payment......now as there is no monetary consideration but Stamp duty value is mentioned in the agreement. My query is whether TDS should be made under 194IA if yes then on what value. whether sec 50D if the act has any play in this? BY: Nikhil Shendye No answers yet View Answers | Post Answers |
| 17190 |
Mar. 27 2015 |
Commission or Brokerage Income –
(DIRECT TAXES)
Whether the said Income can be booked in the hands of partnership firm engaged in manufacturing of Copper Wires specially pertaining to their products based on Turnover of third party who also engaged in same activities as per I.T.Act. BY: SANJAY BAHETI No answers yet View Answers | Post Answers |
| 17191 |
Mar. 27 2015 |
VERY URGENT : FINANCIAL ASSISTANCE AFTER DEATH –
(DIRECT TAXES)
REXPERTS- If a group of people contribute a handsome money after the death of their beloved friend and handed over the same to the remaning family members of their deceased friend as finanical assistance whether any of provision of gift tax, income tax or any other other be imposed or not. And what be the status of the money in the hands of the alive members. And more but be the remeady to tackle the problem or to avoid legal implications. pl suggest its very urgent........thanx BY: CA. NAVNEET K. GARG No answers yet View Answers | Post Answers |
| 17192 |
Mar. 27 2015 |
VAT on Central sale but Local Delivery to Third Party –
(VAT/Sales Tax)
Dear Sir, Suppose Mr.X in haryana Obtains PO from the BuyerMr.y in Uttrakhand for supply of Raw Material and delivery of the goods is within Haryana to Mr. Z for job work on behalf of Mr.Y who will get his FG after job work from Mr.Z.Now Mr.X charges 5 VAT. Is it correct? Please reply with Legal Supporting. BY: Nakul No answers yet View Answers | Post Answers |
| 17189 |
Mar. 26 2015 |
Sec. 194A and 269T –
(DIRECT TAXES)
A Sole Proprietor having turnover more than 1 crore takes a car loan from a NBFC. Car will not be used for business purpose .Whether provisions of Sec.194A and 269T applies to him ? BY: CA. Jimmy Modi No answers yet View Answers | Post Answers |
| 17181 |
Mar. 24 2015 |
Form 15G –
(DIRECT TAXES)
Can a trust society file form 15G in bank ? if its Gross total income is below taxable. BY: RAM KUMAR SARASWAT No answers yet View Answers | Post Answers |
| 17183 |
Mar. 24 2015 |
Filling of ITR 7 –
(DIRECT TAXES)
Can ITR -7 be filled manually, without DSC? BY: RAM KUMAR SARASWAT No answers yet View Answers | Post Answers |
| 17184 |
Mar. 24 2015 |
Service Tax Refund to Exporter –
(Service Tax)
ABC is a Proprietorship firm on which there is no service tax liability. But the firm exports goods outside india and wants to take refund of service tax paid on services used in export of goods. In which service category proprietor should register under service tax act because without Service tax code, department will not issue refund. Please advise me. BY: TARVINDER No answers yet View Answers | Post Answers |
| 17185 |
Mar. 24 2015 |
Clearance of damaged tiles –
(INDIRECT TAXES)
Factory manufacturing Ceramic tiles produced poor quality tiles and some of the tiles are bigger in size and hence not in a position to pack it properly. The product is covered under 4A valuation of Central Excise Act. What is the way in which the same can be cleared without packing in carton. BY: Swaminathan No answers yet View Answers | Post Answers |
| 17177 |
Mar. 23 2015 |
transfer pricing –
(DIRECT TAXES)
daer sirmadam i want to gain very good knowledge on TRANSFER PRICING practicaly ,so how can i proceed myself to become on expert in this filed and is there any certification course conducted by ICAI for transfer pricing thanks in advance BY: suresh kumar k No answers yet View Answers | Post Answers |
| 17178 |
Mar. 23 2015 |
JOB IN CA FIRM WITH HOLDING COP –
(AUDIT)
If we have cop with full time job in ca firm, can sign the report can make a proprietorship firm also BY: RAVI AGRAWAL No answers yet View Answers | Post Answers |
| 17175 |
Mar. 21 2015 |
which itr in case of speculation profit on shares –
(DIRECT TAXES)
which ITR to be filed (ay 2013-14), in case individual is having salary income, long term and short term capital gain and speculation profit on shares of Rs. 650 and other sources income . BY: CA. GARIMA GAGRANI No answers yet View Answers | Post Answers |
| 17176 |
Mar. 21 2015 |
Transfer of HUF Business –
(DIRECT TAXES)
A father running business in his HUF capacity wants to transfer the business to his one of his two sons. There are movable assets, debtors, bank balance and sundry creditors appearing in the balance sheet. What are the options available to him. What precautions should he take? Whether that transfer should be in writing BY: ATUL MUKUNDLAL TOSHNIWAL No answers yet View Answers | Post Answers |
| 17160 |
Mar. 15 2015 |
Business Auxialiary Service –
(Service Tax)
MS ABC Co. a Partnership Firm is registered in Service Tax department under “ Business Auxiliary Services ” and it is engaged in providing services to the following government education board - West Bengal Secondary Education Board West Bengal Higher Secondary Education Board Tripura Board of Secondary Education Board of Secondary Education, Odhisa West Bengal Board of Madrasah Education. All the above education boards are under state government and services provided by MS ABC Co. are with respect to admission, examination and result procedure alongwith printing of admit cards and marksheet. In this case I want to know whether MS ABC Co. should charge service tax on these education boards and if it is not liable to charge Service Tax then on what basis. All the above boards are reluctant to pay Service Tax as the board officials says that they are working for secondary and higher secondary education boards and are state government organization. BY: Poonam Chand Soni No answers yet View Answers | Post Answers |
| 17127 |
Feb. 21 2015 |
NOTICE PERIOD RECOVERY –
(Service Tax)
WHETHER COMPANY NEEDS TO PAY SERVICE TAX ON NOTICE PAY RECOVERED FROM EMPLOYEE? BY: CA K JAYARAMA BHAT No answers yet View Answers | Post Answers |
