Registered Members: 14500 | Current Active Members: 104799

Forum

DID YOU KNOW ?

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 >>
Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 2541–2560

Que. Id Date Description
10701 Jul. 15
2009
safegaurd duty levied us 8C ofthe Customs Tariff Act, whether it is CENVATable? – (Customs & Excise)
Hi! I just wanted to know if the "safegaurd duty" levied us 8B 8C of the Customs Tariff Act, is Cenvatable. Please crify. '
BY: M.S.Keshava
No answers yet View Answers  |  Post Answers
10688 Jul. 14
2009
e filing of etds – (TDS/TCS)
dear sir, the requirement of compulsory quotg of PAN is effective from which date and whether it is 100 as agast 85 at present, if no PAN is avaible what are the consequences to the deductor deductee. hopg for an complete formation along with notifications if any tkds regds m.srivasan '
BY: msrinivasan
No answers yet View Answers  |  Post Answers
10689 Jul. 14
2009
Adjust TDS of one Financial Year with other – (DIRECT TAXES)
I have filed my IT urn for Assessment Year 2008-09 and the net tax refundable was 23,000-. I have not yet received the refund. For the Assessment year 2009-10, the net tax payable is comg as 25,000-. Can i do an adjustmen of tax refund due for Assess Year 2008-09 with that of 2009-10 and pay the bance tax of 2,000-. What are the complications volved and any seperate forms to be filed. '
BY: CA. GOPALA KRISHNA SAKAMURI
No answers yet View Answers  |  Post Answers
10677 Jul. 13
2009
Huf- taxfree limit- Kartan is Senior Citizen – (CORPORATE & OTHER LAWS)
as per come tax huf is taxable assessee. huf consist two member. if karta of huf is senior citizen, then can huf can cim as cenior citizen benefit eg. taxfree limit for senior citizen is 220, '
BY: CA. PARMAR ANIL KUMAR
No answers yet View Answers  |  Post Answers
10678 Jul. 13
2009
properity concern – (MISC.)
my client son studyg foreign.he is 19 years old. my client want to open property concern the name of son. can he open property concern his son name '
BY: CA. PARMAR ANIL KUMAR
No answers yet View Answers  |  Post Answers
10673 Jul. 12
2009
Does Transfer of scrips between Demat Accounts where Primary Holder is the Same amount to Sale? – (Capital Gains)
A family of four consistg of Father, Mother, Son, Son’s Wife have the followg Demat accts. (1) Son (Primary holder), Father (Second Holder) (2) Son (Primary holder), Father (Second holder), Mother (Third holder) (3) Son (Primary holder), Son’s Wife (Second holder) Father has expired and his name needs to be deleted from Demat acct 1 and acct 2. For the same, new Dmat accounts need to be opened as follows: (4) Son (Sole holder) (5) Son (Primary holder) Mother (Second holder) QUERY ONE: Will transfer from Acct 1 to Acct 4 and transfer from Acct 2 to Acct 5 amount to sale and liable to capital gas? Primary holder of transferor and transferee accounts is the same. After transfers as referred to QUERY ONE, Son wants to consolidate his holdgs one Demat i.e. Acct 3 QUERY TWO: Will transfer of holdgs from Acct 4 and Acct 5 to Acct 3 amount to sale and liable to capital gas? Primary holder of transferor and transferee accounts is the same. Please advise. '
BY: CA. BHALWANI NADIRSHAH NURUDDI
No answers yet View Answers  |  Post Answers
10674 Jul. 12
2009
LIC and GIC and Investment Advisor Business line Tax Audit Liability – (DIRECT TAXES)
My Client (Propritor) has achived turnover above 10 cs but below 40cs Wether his le of activity as mention above should be conred as "Busess" or " Profession" for I.TAX Audit purpose u,s 44AB of I.Tax Act1961. ? '
BY: CA. PATIL SAMEER BHASKAR
No answers yet View Answers  |  Post Answers
10664 Jul. 11
2009
Records for service tax – (Service Tax)
One of my client is providg taxable and non taxable service. He is takg CENVAT credit for service tax pertag to his taxable busess. What records and precautions he should have?pl. discuss brief view of service tax provisions9he is not ready to go for proportionate credit) '
BY: sandip shah
No answers yet View Answers  |  Post Answers
10668 Jul. 11
2009
efiling of form 17 and budget – (TDS/TCS)
dear sir, pls let me know what is the manadatory dte of filg by submittg from17 der tds. whther OAN NO is compulsory for all tds deductees of so effective date and if not what the consequences pls cofirm snd send the notification ubder budget towards subsidy and waiver of ter on educational loans. pls give reply to my email id shriram@shakthiknittg.com and guru@shakthiknittg.com tkds & regds m.srivasan '
BY: msrinivasan
No answers yet View Answers  |  Post Answers
10670 Jul. 11
2009
Claim TDS – (TDS/TCS)
Our Client has been takg his come on receipt basis & he receipt his fees for the Accountg 2007-08 after deduction of TDS the Accountg Year 2008-09.But the Payee of Fees Filed his TDS urn the year 2007-08.Than which year he cim TDS. '
BY: CA. AGRAWAL SUMAN KUMAR
No answers yet View Answers  |  Post Answers
10649 Jul. 10
2009
Payment of income tax through Debit Card? – (DIRECT TAXES)
Recently CBDT has issued a circur on New TDS prcedures viz. Chaln Form17 which tax can be paid electrnically either through net bankg or through BEBIT CARD. Can we do so '
BY: PAWAN AGRAWAL
No answers yet View Answers  |  Post Answers
10651 Jul. 10
2009
Application for non deduction of TDS on Insurance commossion – (TDS/TCS)
Can an agent of LIC apply Form 15G for non dection of TDS as his come is below taxable limit or there is any other form for the same? '
BY: PAWAN AGRAWAL
No answers yet View Answers  |  Post Answers
10652 Jul. 10
2009
TDS – (DIRECT TAXES)
What is the date of applicability of non-chargg of surcharge & cess on TDS rate? '
BY: CA. GURDEEP SINGH CHAWLA
No answers yet View Answers  |  Post Answers
10653 Jul. 10
2009
change of auditorsin – (CORPORATE & OTHER LAWS)
case of change of auditors by resignation, the new auditors is appoted EGM by passg a ordary resolution. whether form 23 is required to be filed by the company. '
BY: rakesh gupta
No answers yet View Answers  |  Post Answers
10655 Jul. 10
2009
STATUS AFTER DEATH OF PROP. – (DIRECT TAXES)
Respected CA's If the proprietor of the firm is died and there is any liability the shape of come Tax or if there is any refund then who can cim such. And if Death cause durg the year what will be the treatment of TDS deducted by others for that person i.e. TDS receivable. Another Can any member of the family ca taken over the runng busess. If yes what are the leaglities.tHANKS '
BY: CA. NAVNEET K. GARG
No answers yet View Answers  |  Post Answers
10656 Jul. 10
2009
INTEREST ON BORROWED CAPITAL – (DIRECT TAXES)
One of my client purchaed agriculture nd by borrowg money from friend. Now he wants to capatalised the ter amount. Can he do so or the same be treated as expenses and be deuted from any othre busess come. '
BY: CA. NAVNEET K. GARG
No answers yet View Answers  |  Post Answers
10658 Jul. 10
2009
Commitment Fees received -is it taxable – (DIRECT TAXES)
Assessee - (bank) has entered to an arrangement with an surance company - Memorandum of understandg for Busess co-operation. As a part of this agreement commitment fees - one time receipt which is non refundable is received by the assessee. the agreement states that the assessee will not register itself under surance sector nor will compete with them any other manner. As a part of this agreement existg tie up with other surance company is terd. For this commitment, fees has been received. Whether this amount will be taxable under IT act? Are there any favourable case ws to treat it as capital receipt now on which i can depend upon? please provide guidance and source of formation if any thg is avaible.. its urgent Thanks advance '
BY: CA. TINU JOHNSON
No answers yet View Answers  |  Post Answers
10659 Jul. 10
2009
Financing – (CORPORATE & OTHER LAWS)
Whether a Private Limited Company can give Loans and Advances to general public or is requirement of licience. Is any licencg authority. '
BY: YAHIYA ABDUL
No answers yet View Answers  |  Post Answers
10660 Jul. 10
2009
utn in for claiming refund – (DIRECT TAXES)
hi frnds. unique transaction no is much talked about durg the past few days for cimg refund of tds. pls let me know detail abt the purpose of utn tds urn, or cimg refund . who will issue this utn. Though this is not applicable now. what come tax deptt wants to do by troducg it. '
BY: CA. SINGLA VIJAY
No answers yet View Answers  |  Post Answers
10641 Jul. 09
2009
correction to ques id 11205 – (TDS/TCS)
gud mrng mr mahendra kumar sorry, firm BC should read as CD. '
BY: L V SURYANARAYANAN
No answers yet View Answers  |  Post Answers