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 2661–2680
| Que. Id | Date | Description |
|---|---|---|
| 9956 |
Feb. 22 2009 |
service tax credit on inputs –
(Service Tax)
Query 1 If iam renderg output service of architecture services and iam usg the followg put services Telephone House keepg Rent of premises from where iam carryg on busess Management consultants fees Auditors fees Car repairs Courier Can I avail put tax credit on the above service for renderg output service of architecture service. Query 2 If iam renderg output service of rentg of immovable property service and usg followg put services Telephone House keepg Rent of premises from where iam carryg on busess Management consultants fees Auditors fees Car repairs Courier Can I avail put tax credit on the above servicse for renderg output service of rentg of immovable property service. ' BY: iyengar madhavan No answers yet View Answers | Post Answers |
| 9951 |
Feb. 20 2009 |
Partnership –
(MISC.)
can 2 Partnership firms will form a new partnership firm ' BY: Ramarao No answers yet View Answers | Post Answers |
| 9948 |
Feb. 19 2009 |
FCCB –
(DIRECT TAXES)
What is the tax liability on prepayment of fccb at discount eg FCCB issued Rs 100 crore prepayment 20 crores discounton prepayment of rs 20 crores is rs 5 crores. how this 5 crore will be treated for tax purpose ' BY: ravi m No answers yet View Answers | Post Answers |
| 9936 |
Feb. 18 2009 |
CAPITAL GAIN –
(DIRECT TAXES)
A, owner of a rential site property, cost say Rs.20 khs, enters to an agreement to sell with B for Rs.50 khs, and the money is paid to A. But the sale could not get registered for some reasons. After 5 years of the agreement ( F.Y. 2008-09) both A &B come to an agreement that A will sell the property directly to C for a sum of Rs.80 khs, out of which B will get Rs. 70 khs from A Quion. 1. What is the capital ga for A the year 08-09. 2. The ga of Rs.20 khs for B (Rs.70L - Rs.50 L) taxable under what head as what come.) 3. Any other issues volved. ' BY: BARATHIDASON R No answers yet View Answers | Post Answers |
| 9937 |
Feb. 18 2009 |
stock market transactions –
(DIRECT TAXES)
A person deals stock market transactions. This cludes Cash as well Marg ( traday) trades. The quions are 1. The marg trades taxable under what head STCG or Specution Busess or Other come. 2. What is the T.O. to come under 44AB of I.T Act - Sale value or Profit or . 3. If it is other come and the result is how to decre the I.T urn as there is no column to decre under other come. Please crify with decided cases, provisons of the Act, Rules. ' BY: BARATHIDASON R No answers yet View Answers | Post Answers |
| 9941 |
Feb. 18 2009 |
TDS on service from Travelling Agency for Hiring of Car –
(DIRECT TAXES)
TDS on service from Travellg Agency for Hirg Cars on as and when required, monthly basis is to be deducted under which section and at which rate? Whether as payment to contractors u,s 194 C or as Hirg of Equipment u,s 194 I? ' BY: anup agrawal No answers yet View Answers | Post Answers |
| 9942 |
Feb. 18 2009 |
SERVICE TAX –
(INDIRECT TAXES)
Sir, one of my clients lentg machery on lease basis at monthly rent of Rs. 3,00,000,- I want to know whether it is applicable for service Tax? Thank you ' BY: K.Jalapathi No answers yet View Answers | Post Answers |
| 9944 |
Feb. 18 2009 |
filing of return whether will be considered original or revised –
(DIRECT TAXES)
Assessee has filed urn electronically without digital Signature but has failed to submit any physical copy of the urn with 15 days as required for the urn to be valid. Whether the filg of IT urn aga will be conred origal or revised? ' BY: Gopal Kumar Agrawal No answers yet View Answers | Post Answers |
| 9934 |
Feb. 17 2009 |
Service Tax on merger –
(Service Tax)
Can anybody tell me that when there is a merger of two companies which one company provides services to other company but no payment has been made respect of that service. Now, on the date of merger adjsutment entry is passed, service tax liability and service tax recoverable get crossed by way of adjustment entry. Will service provider has any service tax liability with respect to services provided?? my view, no amount has been paid to service provider respect of services and therefore, no service tax liability on service provider. whether my view is correct or wrong?? ' BY: SHASHANK No answers yet View Answers | Post Answers |
| 9935 |
Feb. 17 2009 |
Individual Insolvency laws in India –
(CORPORATE & OTHER LAWS)
What are the requirements, if an dicidual at Kolkata burdened with debts wants to file an solvency petition and what is the role of a CA helpg him? ' BY: Kishan L. Agarwal No answers yet View Answers | Post Answers |
| 9931 |
Feb. 16 2009 |
DOCUMENTS TO BE MAINTAINED BY REGISTERED DEALER –
(VAT/Sales Tax)
PL. GIVE DETAILS OF DOCUMENT TO BE MATAED BY DVVAT DEALER ' BY: SEEMA ARORA No answers yet View Answers | Post Answers |
| 9928 |
Feb. 15 2009 |
procedure of refunds in case of e filing for Assmtt. Yr 2007-08 & 2008-09. –
(DIRECT TAXES)
Sir, What is the procedure of refunds case of a urn filed electronically for the assessment year 2007-08 & 2008-09 . Some of the urns filed by me electronically for 2007-08 are still awaitg refund s by the AO. kdly CA Shailesh Chawra ' BY: shailesh No answers yet View Answers | Post Answers |
| 9929 |
Feb. 15 2009 |
Tax Treatment for USA Citizen but Indian Born presently Staying in INDIA for Contractua –
(DIRECT TAXES)
How to Get a PAN Card for dian Born USA Citizen DIA ? What are the document to attach along with PAN Application ? which Form come Tax urn to be Submitted for the Assessment Year 2009-2010 ? What are the Relief for them U,s 80C or any other section dian come Tax Act? Whether he is eligible for double Taxation avoidance agreement with dia & USA ? Which address he is to use for come Tax purpose ? ' BY: Bikas Chandra Saha No answers yet View Answers | Post Answers |
| 9923 |
Feb. 14 2009 |
T.D.S., DEPOSIT IN WRONG A/C. –
(TDS/TCS)
sir one party have deposited t.d.s. the wrong account with tan of that wrogn account holder. how we can rectify the mistake and transfer the t.d.s. to correct party a,c. please advise. For Ex. t.d.s to deposit Mr A a,c but it is deposit wrongly by Mr A Mr B a,c with Tan of Mr B. Mr B also accept this fact. Mistake take pce due to wrong prt of chaln by tax consultant. How to rectify the mistake. Mobile.9828085045 ' BY: pankaj baheti No answers yet View Answers | Post Answers |
| 9924 |
Feb. 14 2009 |
Multi Level Marketing - Permissions & Taxations –
(MISC.)
One of my client has recently corporated multi-level marketg pvt. ltd. company. My quions - 1. Whether permission from any other govt. , semi. govt. body is required to run a MLM. 2. He is takg X amt. as advance from new member. and after jog one mebmer each to left & right, he is payg around 60% of X. Advance taken is to be used by member to a consumer product with one year by payg additional requisite amt. Otherwise it will be forfeited. Now my quion is that, itially X is only advance(which is current liability) but agast which he is payg commission (which is direct expenditure), thus how to present to tax authorities. Whether advance taken to be treated as part of sale or urn to be filed? ' BY: MAHAVIR OSTWAL No answers yet View Answers | Post Answers |
| 9920 |
Feb. 13 2009 |
Deduction Under Section 80GG –
(DIRECT TAXES)
The assessee is an employee a private company. The company is providg the house facility for his rence purpose. The person is not the receipt of any HRA. The person, his spouse and his child do not have own property. The person is payg rent for the house at another city where his parents (wholly dependant) live . (As per the facts mentioned, it seems that the person is fulfillg all the conditions u,s 80GG). Whether the deduction can be cimed for that rent u,s 80GG? ' BY: Amit Gokani No answers yet View Answers | Post Answers |
| 9913 |
Feb. 12 2009 |
difference between –
(CORPORATE & OTHER LAWS)
sole sellg agent & sole g agent ' BY: SUROJIT No answers yet View Answers | Post Answers |
| 9914 |
Feb. 12 2009 |
Valuation of Closing Stock on dissolution of firm –
(DIRECT TAXES)
My colleague oped that the valuation of closg stock on dissolution of firm will be on the market prce u,s 45(4). While I am of opion that closg stock is not covered the defition of capital assets. Please crify with citation that Whether I am right or not. ' BY: SUNIL KUMAR KHANNA No answers yet View Answers | Post Answers |
| 9909 |
Feb. 11 2009 |
section 80 E –
(DIRECT TAXES)
Whether deduction for ter on education loan - allowed irrespective of whether a person is studyg dia or abroad ? ' BY: MANISH PAREKH No answers yet View Answers | Post Answers |
| 9911 |
Feb. 11 2009 |
Intransit sale under CST Act –
(INDIRECT TAXES)
Dear sir, If a dealer from bangalore purchases goods from bangalore and send it directly to Rajasthan,without brgg it to his godown, by endorsement of title of documents,is this will be called as transit sale(agast E1 form)? and is it necessary for transit sale that there should be 3 state (and not 2 as my doubt) ' BY: Mahendra Kumar No answers yet View Answers | Post Answers |
