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Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 2981–3000

Que. Id Date Description
9146 Jul. 03
2008
areas specified u/s 2(14)/ 2(1A) – (DIRECT TAXES)
from where can i know the areas specified u,s 2(14), 2(1A) i.e. the areas of rural agricultural nd where no capital ga arises on sale of nd? '
BY: AJAY KHANDELWAL
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9148 Jul. 03
2008
Service Tax on Assignment Fees – (Service Tax)
whether service tax is applicable on services rendered by a CA to another CA. If so from what date. The word client was repced by any person the st budget. hence this query '
BY: RM Swaminathan
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9136 Jul. 02
2008
TDS on contract – (TDS/TCS)
An assesee owns two entity under proprietorship. One entity offloads the work to other entity. Will the other entity deduct TDS on contract offloaded to first party. Both the entity has same proprietor and sgle Pan No. Please crify the matter '
BY: P K Agrawal
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9138 Jul. 02
2008
Whether leasehold land is covered under the definition of Urban land in case of wealth tax – (MISC.)
A public limited company based Noida has a leasehold nd its books of accounts as on March 31, 2008. Construction of a buildg will start F.Y. 2008-09 on the nd. Whether the company is liable to pay wealth tax on the leasehold nd under the defition of Urban nd. Also, any unused nd held for dustrial purposes for 2 years from the date of acquisition is not an Urban nd. If the construction is set to be completed after 2 years from the date of acquisition, can the company avoid payg wealth tax on this ground? '
BY: Himanshu Goyal
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9139 Jul. 02
2008
branch office at abroad – (CORPORATE & OTHER LAWS)
what is the legal formalities of dian pvt ltd company to open the branch office abroad with r b i & other govt department. ? '
BY: hanish
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9140 Jul. 02
2008
Section 40A(3), section 269SS & 269T – (DIRECT TAXES)
Payments towards expenditures excess of Rs.20000,= are to be paid by way of account payee cheques,drafts. If payments are made by the assessee to the account of the person (supplier etc.,)under net bankg does it prove proper complience? Loans received,repaid under net bankg system by an assessee, does it prove proper complience. Cheques or drafts are not used? '
BY: K.R.Sathiyamurthy
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9141 Jul. 02
2008
Taxation for Both Status – (DIRECT TAXES)
As Assessee havg two status one is HUF & another is dividual dog different activities under each status. He matas cash books under both status if cash is transferred from one status cash book mataed to another status whether it will attract penalty U,s 268ss and 269T and whether it can be conred as come U,s 68 kdly clerify with relevant case ws. '
BY: D.R.Meharwade
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9130 Jul. 01
2008
TDS on Finance lease rentals – (DIRECT TAXES)
We are payg lease rental to the manufacturer of the product.We have recogised the same as assets our books. While makg payment we are debitg lease payable account and fance charges also. We have deducted TDS u,s 194 (I) for lease rent paid. Please advice are we dog right? Or what would be correct stand? Pl help. '
BY: satyendra sahu
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9132 Jul. 01
2008
Whether subject to service tax – (INDIRECT TAXES)
AN ELECTRIC DEALERS ASSOCIATION HAS REGISTERED THEMSELVES UNDER CLUB & ASSOCIATION CATEGORY. tHEY ACCEPT MEMBERSHIP FEES FROM MEMBERS AND ORGANISE MANY TRADE FAIRS AND EXHIBITION APART FROM GET TOGETHER AND MEETG FOR THE PURPOSE OF ASSOCIATION. RECENTLY THEY HAVE PUBLISHED A SOUVENIER FOR THE ASSOCIATION AND COLLECTED HUGE AMOUNT FROM THE MEMBERS AS WELL AS NON-MEMBERS WHO HAS GIVEN THE SUM OF MONEY FOR THEIR ADVERTISEMENTS. NOW WHETHER SUCH SUM OF MONEY IS TAXABLE UNDER CLUB OR ASSOCIATION AND IF NO WHETHER THE SAME COULD BE SUBJECT TO SERVICE TAX UNDER DIFFERENT CATEGORY? '
BY: AMIT DOSHI
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9134 Jul. 01
2008
New section 441A – (CORPORATE & OTHER LAWS)
A new section, 441A, was serted Companies Act which enabled Govt to notify rate at which cess could be collected from companies based on turnover. However, the Govt has not so far notified the rate. Why the matter, which enables Govt to add somethg to its kitty, is pendg ? Are there any cases challengg validity of the provisions or any other developments ? '
BY: Mukund P Chaudhari
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9135 Jul. 01
2008
Payment of e-TDS – (DIRECT TAXES)
Earlier Central Bank of dia (beg the Companys only Banker) was not on the list of banks authorised to provide e-TDS facilities. Only recently, it has been added the list. As it is takg time to obta e-TDS facilities, the Company may deposit TDS through earlier-prevalent practice of cheques. Please advise whether any penalty,fe would be levied on such deposits. The relevant CBDT-Notification does not specifically provide for such actios such pses. '
BY: SUNIL KUMAR
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9126 Jun. 30
2008
Sec.269SS – (DIRECT TAXES)
what will be the applicability of Sec.269SS and 269T to transactions made through net-bankg? '
BY: Shipra Agarwal
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9127 Jun. 30
2008
Can we claim set-off on stationery bills used at plant site against office expenses ? – (VAT/Sales Tax)
client have curred some prtg & stationery expenses at pnt site havg 4% vat bracket, whether it able to set-off that expenses. '
BY: Ratnesh chand jain
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9128 Jun. 30
2008
TDS deduction by purchaser if freight is levied by seller in sale bill – (TDS/TCS)
1) Suppose the seller of goods has levied freight sale bill paid by him, whether the purchaser is liable to deduct TDS on freight directly paid by him. 2) if Seller does not deduct TDS on freight directly paid by him to the transporter, whether the purchaser is liable to deduct TDS '
BY: Hardeep Singhal
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9125 Jun. 29
2008
Service Tax on Rent – (INDIRECT TAXES)
I have two houses, one gives me rental come of 6 khs and the other 5 khs, Totallg to 11 khs. Exemption limit for service tax beg 10 khs, am i liable to register and collect service tax. '
BY: Ramprasad P.G.
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9116 Jun. 27
2008
WHETHER TAXABLE RFA CAN BE ADJUSTED WITH HRA? – (Income From Salary)
Saried person receives Rs.200000 for RFA.He pays Rs.100 to co.Therefore Rs.00 is taxable U,H Sary. If person is also receivg HRA from co. THEN wHETHER Rs.00 can be adjusted with HRA. '
BY: SANJEEV JAIN
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9110 Jun. 26
2008
taxability of income under section 80 IA(4) – (DIRECT TAXES)
hi, Please crify my doubt. One assessee had a Buildg dustrial park, which is given lease to different software companies. The major come is from leasg of buildg. The assessee is cimg tax exemption of this come under section 80IA(4). Asseesee need to keep some deposit with electricity department which turn earns ter come. My doubt is whether this come is also eligible for exemption under section 80IA(4) or it is taxable? The assesee also provides mataance services like security and AMC to lessee. He is havg some come this activities. Whether this come is eligible for exemption U,s.80IA(4)? '
BY: ch.Ramesh
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9112 Jun. 26
2008
COP – (MISC.)
What is the difference between Full time COP and Part time COP ? '
BY: ASHWIN
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9114 Jun. 26
2008
TDS DATA MODIFICATION/ TDS REFUND – (DIRECT TAXES)
1. TDS URN REVISED TO MODIFY,CHANGE NAME OF DEDUCTEE. WHICH DATE TDS CERTIFICATE SHOULD BEAR ? IF AFTER MODIFICATION DATE, THERE WOULD BE DEY ISSUE OF CERTIFICATE. HOWEVER, TDS DEPOSITED TIME. 2. CAN EXCESS TDS DEPOSITED NE QUARTER BE REFUNDED OR ADJUSTED NEXT OR ANOTHER QUARTER ? '
BY: SUNIL KUMAR
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9115 Jun. 26
2008
DEDUCTION U/S 10(13A) - H.R.A. – (Income From House-Property)
I OWN A HOUSE AT DELHI. HOWWEVER, RECENTLY, MY OFFICE SHIFTED FROM DELHI TO GURGAON. I HAVE TAKEN A HOUSE AT GURGAON ON RENT. CAN I CIM DEDUCTION U,S 10(13A) FOR RENT PAID FOR GURGAON HOUSE ? AS MY OTHER FAMILY MEMBERS STILL LIVE DELHI HOUSE, THERE IS NO RENTAL COME. CAN UNDER COME FROM HOUSE PROPERTY ARISG FROM PROPERTY TAX AND HOME-LOAN PRCIPAL,TER PAYMENT BE ADJUSTED AGAST MY TOTAL COME ? '
BY: SUNIL KUMAR
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