Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5986 unanswered question(s) — Showing 2141–2160
| Que. Id | Date | Description |
|---|---|---|
| 16004 |
Dec. 31 2013 |
Question On TDS –
(DIRECT TAXES)
I have filed tds return for q4 f.y 2012-13 in wich one pan no is invalid and department raised demand of of rs 10000 as shor deduction . now i have with me correct pan no of deductee. my question is that whether i have to pay that demand before filing revised return or file revised return by correct pan no only BY: Yusuf Ismail qadari No answers yet View Answers | Post Answers |
| 15982 |
Dec. 24 2013 |
REVISED RETURN AFTER REFUND RECEIVED –
(DIRECT TAXES)
Assessee filed return for ay 2013-14 on 27-07-2013 by claiming TDS Rs. 25,000- and refund due to him Rs.20,000-. Received refund on 20-12-2013. But on 10-12-2013 26AS d for TDS Rs.10,000 and hence he is entitled for refund of Rs.30,000. How to claim refund of Rs.10,000. Is it possible to revised return?. BY: N RAJU No answers yet View Answers | Post Answers |
| 15984 |
Dec. 24 2013 |
Cross Guarantee –
(CORPORATE & OTHER LAWS)
A holding company gives guarantee to a bank for loan taken by its wholly owned subsidiary company from that bank. Similarly, the holding company avails loan from another bank for which its subsidiary company gives guarantee. Is this kind of transaction attract any legal bar under any laws? BY: balasubramanian No answers yet View Answers | Post Answers |
| 15904 |
Dec. 03 2013 |
Procedure in partnership act regarding change in profit sharing ratio of registered firm in Maharash –
(MISC.)
We have registered partnership firm in Maharashtra.Now the partners willing to change profit sharing ratio without admission or retirement of partner.what will be the procedure under partnership act to register this change.( Which form ,How much stamp duty ,Documents etc.) BY: MAHESH MAHADEO GURAV No answers yet View Answers | Post Answers |
| 15879 |
Nov. 26 2013 |
VCES -Eligibility- Consequent to filing of incorrect ST-3 ???? –
(Service Tax)
A residentail complex construction Company has filed ST3 only for the period April 2011 to Sept 2011 incorrectly without payment of taxes . Other ST 3 For FY 2009-10 , 2010-11 and upto date are pending to be filed . Can the company set right its affairs of Service tax now under the VCES ?? BY: CA. RAJAN GUPTA No answers yet View Answers | Post Answers |
| 15867 |
Nov. 23 2013 |
GTA Vs Courier Services –
(Service Tax)
Now a days Express Cargo Services, Door to Door Services, Door Delivery Services are being rendered by GTA as well as by Courier Service Providers. Please explain the difference between two services and applicability of Service Tax. GTA and Courier Service Provider some time send goods partly by Road and partly by Rail Air, is there any difference in Service Tax chargeable on such services provided. BY: CA. JOSHI RAMAWATAR No answers yet View Answers | Post Answers |
| 15860 |
Nov. 22 2013 |
Service Tax in case of Builders –
(Service Tax)
Builders having residential scheme having 9 units started in Mar 2012 and accepted booking amounts during Mar 2012 to Mar 2013. All units sold before completion certificate. How we can workout service tax payable? Can we claim exemption of less than 12 units? BY: SUSHIL MADANLAL JAIN No answers yet View Answers | Post Answers |
| 15824 |
Nov. 08 2013 |
Demonstration pieces as stock in trade –
(AUDIT)
* A 100 EOU manufacturing exporting Monuments have the following carried as stock. They have developed samples and exhibited as demonstrationshow room Pieces for the prospective customer to either buy the exhibited pieces themselves or order as per sample.. They have also exhibited in the International trade fair (held in India) a life size monument of a famous international celebrity in Music .This is again brought back after the fair and kept as model in the factory premises..The company is treating the test pieces as Stock in trade . I would like to know is the treatment correct?The company contention is that they are kept as demonstration pieces which can be sold as such or as a sample for orders placed by foreign buyers. 8Could the treatment be anyway if a local dealer in Gensets exhibits one such piece in the Branches. BY: S.Balasubramanian. No answers yet View Answers | Post Answers |
| 15787 |
Oct. 21 2013 |
ST-3 on line filing for the Ist Half period ended 30.09.2013. –
(Service Tax)
Please let me confirm whether an Individual can be filed online the ST-3 for the period from April,2013 to Sept,2013 without payment of ST dues either fully or partly the same can be paid along with Interest in next quarterhalf yearly period ended 31.12.2013 31.03.2014 or not. BY: SANJAY BAHETI No answers yet View Answers | Post Answers |
| 15747 |
Sep. 28 2013 |
LOSS IN DELIVERY BASE VIS- A - VIS TAX AUDIT –
(DIRECT TAXES)
ONE OF MY CLIENT PLEADED THAT SINCE HE TRANSFERRED LOSS ON DELIVERY BASE TRANSACTION TO CAPITAL AC AND DID NOT RECOGNISED IN FINANCIAL STATEMENTS , THERE IS NO NEED OF TAX AUDIT. CLARIFY AS TO APPLICABILITY OF PENALITY OF 1.5 LACS OR 1 OF SALE IN THIS REGARD. BY: SUNIL KUMAR KHANNA No answers yet View Answers | Post Answers |
| 15717 |
Sep. 19 2013 |
DONATION TO EDUCATIONAL SOCIETY –
(DIRECT TAXES)
whether an society registered under societies act can obtain donation and loan from other persons who are not members of society for setting an educational institution. BY: VAIBHAV AGARWAL No answers yet View Answers | Post Answers |
| 15685 |
Sep. 16 2013 |
Sec-115JB –
(DIRECT TAXES)
As per provisions of Sec-115JB of Income tax Act, inter-alia, lower of brought forward business loss and unabsorbed depreciation as per books shall be deducted. Under the Revised Schedule VI the loss is shown under Reserves and Surplus. In this scenario, how to account the losses and what effect should be given in the subsequent year. BY: SOUVIK KR GHOSH No answers yet View Answers | Post Answers |
| 15688 |
Sep. 16 2013 |
Service tax on running hostels by propritorship or partnership firm –
(Service Tax)
Whether service tax will be charged from rent received for hostel room rent after 172012. caKailash goyal BY: KAILASH CHAND GOYAL No answers yet View Answers | Post Answers |
| 15599 |
Aug. 29 2013 |
Withdrawal from Capital Gains Account Scheme 1998 –
(DIRECT TAXES)
An assessee sold his house property and invested it in Capital Gain Account Scheme 1998. After a few months he withdrew the money and gave a loan to another person. Within few months he received it back and used the money for purchase of another house property. This was within the time period stipulated us 54. Will the assessee face any problem from the IT department while claiming exemption us 54 ? BY: CA. ANURADHA A V No answers yet View Answers | Post Answers |
| 15601 |
Aug. 29 2013 |
C Form –
(VAT/Sales Tax)
While filling the C Form what value of goods to be mentioned, inclusive of CST or exclusive of CST? For example Rs. 350000 value of goods and Rs. 7000 is CST. When we are filling the value of goods the value to be mentioned is 350000 or 357000? BY: Amit Prakash Sharma No answers yet View Answers | Post Answers |
| 15602 |
Aug. 29 2013 |
Applicability of Service Tax Provisions for the services connected with Jammu Kashmir –
(Service Tax)
Who is liable to make payment of service tax on the services if the service receivier is located in the Stated of JK. Whether service tax is liable for the services provided from the state of JK to the receipient outside JK. IF yes then what is the rate to levy in case of goods transportation by road? BY: Meenu Goel No answers yet View Answers | Post Answers |
| 15557 |
Aug. 20 2013 |
Taxability of property of minor son –
(DIRECT TAXES)
An assessee had purchased a house property in the name of his minor son from his own income. After 5 years, the house property is sold and the son became major during the same financial year. This transfer and possible LTCG exemptions will be applicable to the assessee (father). Is the stand correct or can the transaction of purchase of property be formalised with a gift deed and taxable in the hands of the son? BY: CA. ANURADHA A V No answers yet View Answers | Post Answers |
| 15528 |
Aug. 12 2013 |
AUDIT US 44AD –
(AUDIT)
IS THRESHOLD LIMIT OF 45 TAX AUDIT APPLICABLE FOR 44AD AUDIT. INSTITUTE GUIDE LINE SAYS NO.BUT WHETHER NEW IT PORTRAL ALLOWS IT OR NOT TO UPLOAD MORE THAN 45 TAX AUDIT ( 45 COMPULSORY AND 10 NON COMPULSORY). BY: MANAS KUMAR MALLIK No answers yet View Answers | Post Answers |
| 15518 |
Aug. 10 2013 |
Query of Partnership Firm - Registration in process. –
(CORPORATE & OTHER LAWS)
As per the provisions of Indian Partnership Act, 1932, only a registered partnership firm can file a suit. However there is no mention about filing of case by a firm whose registration is in process. A partnership firm is having its application for registration in process since 2 years. So can it file a suit against any person? BY: shraddha No answers yet View Answers | Post Answers |
| 15481 |
Aug. 05 2013 |
NOTICE US 142(1) –
(DIRECT TAXES)
SIR, A SCHOOL HAS OBTAINED PAN FOR TDS PURPOSE.ITS SOCIETY IS ALSO HAVING PAN.NOW THE SCHOOL HAS RECEIVED NOTICE US 142(1) TO FILE RETURN OF INCOME.PLEASE CLARIFY 1. SCHOOL IS GETTING SUBSTANTIAL GRANT FROM GOVERNMENT 2.SOCIETY IS NOT FILING THE RETURN 3. SINCE INCEPTION BALANCE SHEET IS NOT PREPARED BY BOTH ENTITIES. 4. SOCIETY IS NOT REGISTERED US 12A THANKS IN ADVANCE BY: CA.veerendra.T.Murashillin No answers yet View Answers | Post Answers |
