Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5986 unanswered question(s) — Showing 2721–2740
| Que. Id | Date | Description |
|---|---|---|
| 9798 |
Jan. 13 2009 |
Entry tax in karnataka –
(VAT/Sales Tax)
Keepg it simple. If raw rials have already suffered entry tax, are the fished products are liable aga? Please guide me as to where to refer the issue. ' BY: Vasudev Prabhu No answers yet View Answers | Post Answers |
| 9799 |
Jan. 13 2009 |
ExemptionU/S10(15) –
(DIRECT TAXES)
The appelnt has cimed exemption on ter on Treasury savgs deposits(10 years) for the st several years.Now the department reopened the assessment for the st two years statg that this cluse is applicable only for the ter on Treasury savgs deposits(10 years) issued by the central government and not applicable to Treasury savgs deposits(10 years) issued by the kera Government.The department is takg the stand that till date the central Govt has not issued any Treasury savgs deposits(10 years).Kdly favor me with your valuable opion. ' BY: T.O.Gangadharan No answers yet View Answers | Post Answers |
| 9800 |
Jan. 13 2009 |
SATYAM –
(MISC.)
PLEASE LET ME KNOW WHICH CUSE OF THE CA ACT AND SUBEQUENT DECISIONS OF THE DISCIPRY COMMITTEE AND OF OF THE JUDICATURE WHICH IS SUPREME DIA STITUE PREVENTS YOU FROM ACTG AGAST A FIRM OF CHARTERED ACCOUNTANTS WHICH AS IT APPEARS HAS NOT APPARENTLY ACTED AS PER OUR AND TERNATIONAL AUDTG STANDARDS. THE VERACITY OF THE STATEMENT FROM THE STITUTE THAT CONCERNED PARTNER WHO SIGNED THE ACCOUNTS OF SATYAM IS HIGHLY QUIONABLE. ARE YOU MAKG AN ATTEMPT TO TO PROTECT PWC? STEAD YOU SHOULD BE FURNISHG ALL FORMATION TO THE STITUTE OF CHARTERED ACCOUNTANTS ENGND AND WALES AND ALL ITS AFFILIATED STITUES FOR IMPLEMENTATION O ACCOUNTG STANDARDS WORLD WIDE AND TO ACT JOTLY AND SEVERALLY AGAST THE FIRM. PLEASE STUDY MOST CAREFULLY OTHERWISE TE ICAI ITSELF MAY BE JEOPARDY. CONFIRM RECIEPT. ' BY: P. GUPTA No answers yet View Answers | Post Answers |
| 9801 |
Jan. 13 2009 |
service tax –
(INDIRECT TAXES)
what is the position of service tax on job work processg on conversion basis. ' BY: ashwini kumar No answers yet View Answers | Post Answers |
| 9788 |
Jan. 12 2009 |
PMS income –
(DIRECT TAXES)
Whether portfolio come from sale & purchase of shares taxable under capital ga or busess come. Is there any supreme court decisions? ' BY: Ankur No answers yet View Answers | Post Answers |
| 9789 |
Jan. 12 2009 |
142(1) notice –
(DIRECT TAXES)
please crify if notice issued u,s 142(1) to file Tax urn for AY 2006-07 after 31.03.2008 is still valid? per section 153 assessment must be completed by 31.12.2008, hence whether 142(1) for AY 2006-07 to file tax urn can be issued till 31.12.2008? please crify the time limit to issue such notice? ' BY: ashish garg No answers yet View Answers | Post Answers |
| 9790 |
Jan. 12 2009 |
depreciation on heavy vehicles –
(DIRECT TAXES)
is there a notification that depreciation on heavy vehicles is creased to 50%. ' BY: K.Chandrahasan No answers yet View Answers | Post Answers |
| 9792 |
Jan. 12 2009 |
Eligibility of non listed equity share as Long Term Capital Asset –
(DIRECT TAXES)
When is a non listed equity share conred as Long Term Capital Asset whether after a holdg period of 12 months or 36 months.Please crify.Thanks. ' BY: Parivartan Nagpal No answers yet View Answers | Post Answers |
| 9781 |
Jan. 10 2009 |
Whether TDS to be made on repayment of personal loan taken in the name of a director paid by the com –
(TDS/TCS)
Company has raised loan the form of personal loan through its directors and the resolution for raisg the loan, responsibility on repayment and usg the money for the busess were passed. The monthly EMIs were routed through the personal account of directors through whome the loan was raised. Now whether tds to be deducted on the ter portion paid through the directors to the bank. Note. 194A (1) any person who is responsible for payg to a rent any come by way of ter shall deduct come tax 1.Company is responsibel payg the amount to the banker. 2. The amount paid through the dividual account is not an come their hands. 3. Amount of ter paid , payable to baker is not tax deductible. Now i requ the members to analyse the issue and answer suitably. Thanks ' BY: Mahaganapathi V No answers yet View Answers | Post Answers |
| 9783 |
Jan. 10 2009 |
UP VAT RETURN –
(VAT/Sales Tax)
whether date of audit report by specified authority and annual urn , further extened what is status ... ' BY: MADAN MURARI No answers yet View Answers | Post Answers |
| 9784 |
Jan. 10 2009 |
What is the Fee Structure of IPCC & ITT Training as New Scheme. –
(MISC.)
As per New Scheme of IPCC what is the Fee Structure of IPCC & ITT Trag. Please Give me Details of above Mentioned Subject. ' BY: SURYAPRAKASH YADAV No answers yet View Answers | Post Answers |
| 9785 |
Jan. 10 2009 |
Applicability of Service Tax –
(Service Tax)
Is Service tax applicable on mataence of Roads where the contract is awarded by the Governmnet Department and other cases also. What is the position case of Repairs of Roads. ' BY: Nikhil Jain No answers yet View Answers | Post Answers |
| 9786 |
Jan. 10 2009 |
Preparation of UFR (Unaudited Financial Results) –
(CORPORATE & OTHER LAWS)
case we had made excess provision for taxation (Tax Expense) while preparg UFR for a particur quater and the same was so published. Whether it is allowed to rate the fig of Tax Expense...while preparg UFR for next quarter....as it may happen that tax provision for next quarter be less than what we had created st quarter. The excess provisiong has also impact on workg of EPS....whether EPS can also be rated the UFR of next quarter(s). ' BY: AMIT JINDAL No answers yet View Answers | Post Answers |
| 9774 |
Jan. 09 2009 |
Motor Cars –
(FBT)
Whether Motor Cars cludes SU? ' BY: Umesh Gupta No answers yet View Answers | Post Answers |
| 9776 |
Jan. 09 2009 |
Stay On Order –
(DIRECT TAXES)
my personal assessment Asessg officer (AO) has demanded the Tax for which I have filed an application to AO for stay of demand, and also filed an appeal to CIT(A) agast the asessment . but the mean time AO has denied to stay the demand and raised another demand notice. Now what are the alternative avaible to me to further go for stay on the demand. ' BY: CA. Rajiv Pandey No answers yet View Answers | Post Answers |
| 9777 |
Jan. 09 2009 |
Queries regarding appeal –
(DIRECT TAXES)
a respective case origal assessment was passed by the A.O. u,s. 144 of the I.T.Act after makg certa additions.Assessee appealed to CIT(A) where the additions of ITO were confirmed.Then assessee appealed agast this ITAT.ITAT then followg the prciples of natural justice thought that origal assessment was made u,s.144 and so assessee should get an opportunity, set a the .The said was rored back to ITO statg that should be passed after takg to account revant facts and conrations.But assessee failed to attend those heargs also and the date kept on adjourng.Fally ITO confirmed the earlier additions and passed the u,s.144 r.w.s.254 of the I.T. Act,1961.What option does assessee have now? ' BY: Ratneshchand Jain No answers yet View Answers | Post Answers |
| 9778 |
Jan. 09 2009 |
Whether FBT is Payable on discounts provided to employees on purchases of company products? –
(FBT)
The employees of a unit are entitled to purchase the company products at discounted prices and ter on they can get reimbursement of the same.The company pays FBT on the amount reimbursed to the employees. Illustration: Sale of Unit products worth Rs. 100 to an employee at a discount of 25%. (the discount beg rricted to Unit Employees and not to the general public) Accountg Entry at the time of sale: Cash,Credit Card.....................Dr. 75 Sales...........................................Cr. 75 (entry passed net of discount) Accountg Entry at the time of reimbursement to Unit employee: Samplg Arrangement A,C................Dr. 75 Contgent Fund......................................Cr. 75 Query: Would FBT be applicable on Rs. 25 (beg the discount given to Unit employees only) addition to the FBT payable on Rs. 75? ' BY: Mohit Jain No answers yet View Answers | Post Answers |
| 9779 |
Jan. 09 2009 |
Whether Management Trainees are covered under the EPF Act ? –
(CORPORATE & OTHER LAWS)
Management Traees are workg for maximum period of one year the factory and then they will be confirmed the Company. Whether the Company is liable to pay PF on the stipend amount towards its contribution and deduct the equal amount towards traees portion of contribution ? ' BY: Venkatesha Bhat No answers yet View Answers | Post Answers |
| 9780 |
Jan. 09 2009 |
cop with service –
(COUNCIL DECISION)
Dear Members, This is CA Vivek from dore. Currently I am workg corporate . Could some body guide me this respact that whether a member who is full time service ca hold part time COP? if yes then what will be the procedure to get the same and what types of duties can be performed Audit & Taxation work. With Regards ' BY: Vivek Jain No answers yet View Answers | Post Answers |
| 9767 |
Jan. 08 2009 |
Establishing Cold Storage Facility –
(MISC.)
Hi, Does anyone have any White Paper , Project Report prepared for ablishment of Cold Storage facility dia. If so let me know so that I can give my email address for you to send the same. Thanks ' BY: Amith Kumar No answers yet View Answers | Post Answers |
