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 3061–3080
| Que. Id | Date | Description |
|---|---|---|
| 9003 |
Jun. 04 2008 |
Rent received by co-owners of immovable commercial property –
(Service Tax)
Three equal Co-owners have received rent of about 7 cs each from a commercial property for the year endg 31.03.2008. Are they liable to pay service tax jotly for the rent received - 21 cs or will they be exempted conrg basic exemption of Rs.8 cs. ' BY: nagappan.sm No answers yet View Answers | Post Answers |
| 9004 |
Jun. 04 2008 |
DEDUCTION U/S 80E –
(DIRECT TAXES)
WHETHER THE DEDUCTION U,S 80E IS AVAIBLE IF LOAN TAKEN FOR PURPOSE OF PURSUG HIGHER EDUCATION THE COURSES MENTIONED THE SECTION FOREIGN UNIVERSITIES? ' BY: SBS MURTHY No answers yet View Answers | Post Answers |
| 8997 |
Jun. 03 2008 |
Late fee on Service tax return –
(Service Tax)
1) Whether te fee is applicable on NIL S.T. urns? 2) If an assessee has to file the urns as GTA service receiver from the begng, i.e. from 1.1.05, (7 urns), on which tax has already been paid, then whether he has to pay te fee of 2000,- for each urn separately thereby totallg to Rs.14000,- or only 2000,- total for all the 7 urns taken together. Pls crify. ' BY: Omprakash Jain No answers yet View Answers | Post Answers |
| 8995 |
Jun. 02 2008 |
Service tax on expenses reimbursement to foreign vendor –
(Service Tax)
Hi All, Please let me know whether we need to pay service tax on the expenses reimbursement like travel & hotel exp to the foreign vendor for the services rendered by a foreign consultants dia? Whether the come tax paid on behalf of them (for come accrued and received dia)also to be conred for service tax? ' BY: Mekala No answers yet View Answers | Post Answers |
| 8980 |
May. 30 2008 |
TAXABILITY OF FUNDS FROM FOREIGNERS TO INDIAN TEMPLES –
(DIRECT TAXES)
an dia born foreign citizen wants to adopt a temple from his own Town dia and wants to contribute monthly fixed amount from overseas earngs towards mataance expenses of the TEMPLE.What is procedure to follow to get this overseas contribution.whether FEMA applicable and also FCRA registration needed.plese crify. ' BY: M.VENKATESWARLU No answers yet View Answers | Post Answers |
| 8983 |
May. 30 2008 |
Expense –
(DIRECT TAXES)
Can an assessee cim the deduction of an expenditure even if the same is not cimed the Profit & account, but the same is cimed the computation sheet attached with the come Tax urn? ' BY: Meenakshi No answers yet View Answers | Post Answers |
| 8984 |
May. 30 2008 |
194C –
(DIRECT TAXES)
Whether A school is liable to deduct TDS u,s 194C from payments made to Travel agents for a school trip? Does travellg cludg transportation, food, boardg and lodgg comes under works contract? ' BY: Meenakshi No answers yet View Answers | Post Answers |
| 8986 |
May. 30 2008 |
Allotement of Bank Audit –
(AUDIT)
I am F.C.A practicg sce st 7 years as partner, and have number of Bank Audit experience. Now I have formed a proprietorship firm and ired from partnership. Whether I am eligible for allotement of Bank Audit the comg year 2009-10. C.A Rajib Deb ' BY: Rajib Deb No answers yet View Answers | Post Answers |
| 8987 |
May. 30 2008 |
Interest on advances to sister concern –
(DIRECT TAXES)
If any advnances given to a sister concern company out of the borrowed money from bank to which we pay ter, then, it is compulsory to take ter from the sister concern ? ' BY: CA Sneha Damani No answers yet View Answers | Post Answers |
| 8969 |
May. 29 2008 |
Taxability of services when debts became bad. –
(Service Tax)
When the payment is not received for the taxable services provided and which became a bad debt due course, Is it necessary for the service provider to pay tax without collectg from service receiver? if no, should the ter of the revenue not be protected? ' BY: R.Venkatachalam No answers yet View Answers | Post Answers |
| 8970 |
May. 29 2008 |
CAPITAL GAIN ON AGRICULTURAL LAND –
(DIRECT TAXES)
one of my client has sold agricultural nd, which was purchased 1 year and 3 months back. It is situated 5 kms away from a vilge (Gram Panchayat) and there is no Municipal Corp. or Actonment Board. Popution of vilge alone is less than 2000. However, taluka which vilge falls has a popution of 1,15,000 (approx.). The nd is sold. Quion is whether this transaction is a Capital Ga transaction or it falls exempted transactions. ' BY: CA. Chirag L. Gala No answers yet View Answers | Post Answers |
| 8963 |
May. 28 2008 |
KINDLY ILLUSTRATE AMENDMENT IN SECTION 40(ia) –
(DIRECT TAXES)
KDLY ILLUSTRATE AMENDMENT SECTION 40(ia)AS AMENDED BY FANCE ACT 2008 ' BY: MANGESH K BOTHRA No answers yet View Answers | Post Answers |
| 8964 |
May. 28 2008 |
Setting up EOU in Pharma R & D –
(Customs & Excise)
Can anyone set up a Service exporter unit under EOU scheme? Our company is a Pharma comapny & we do R & D. The R&D is sold by way of IPR to UK,USA etc. ' BY: Mahure No answers yet View Answers | Post Answers |
| 8965 |
May. 28 2008 |
allowability of expenditure u/s 40A(3) OF THE I T ACT,1961 –
(DIRECT TAXES)
Whether payment exceedg Rs.20000,- made for electricity bill to Madhya Gujarat Vij Co. Ltd. a wholly owned company by the Govt. OF Gujarat be allowed for deduction? If it is allowed ,whether covered under exceptions ? ' BY: SANJAY EKNATH SONI No answers yet View Answers | Post Answers |
| 8967 |
May. 28 2008 |
Deduction of interest on housing loan under House property –
(Income From House-Property)
can both husband and wife make separate loan on a sgle self occupied house property and cim maximum dedution of Rs.1,50,000,- separately each of their urn?if yes what are the conditions to be fulfilled. For example On a jot property, Husbands loan ter is Rs.1,65,000,- and wifes loan ter is Rs.1,65,000,- can both cim deduction of Rs.1,50,000,- separately their respective urns ' BY: chandrika H T No answers yet View Answers | Post Answers |
| 8960 |
May. 27 2008 |
House Property Income of a company –
(DIRECT TAXES)
Can a company cim standard deduction under section 24 ' BY: Dilip Kumar No answers yet View Answers | Post Answers |
| 8961 |
May. 27 2008 |
Allowability of Depreciation –
(DIRECT TAXES)
A contractor assessee purchased four tractors on 27.3.2007. The tractors were delivered, the bill was raised, the payment was made to the vendor and the tractors were put to use on that day itself. BUT the registration under MOtor Vehicles Act was completed on 9.4.2007. Can the assessee cim depreciation on the four tractors for six months durg fancial year 2006-07? Kdly advise with the decided cases if possible. ' BY: Dinesh Vijay No answers yet View Answers | Post Answers |
| 8962 |
May. 27 2008 |
Capital Gain –
(DIRECT TAXES)
A person booked a ft with a private builder. The allotment is not made to the assessee as the ft was not ready, only ft no. was allotted. Now the assessee wants to sell the same which was booked 39 months prior. Now the profit which he will earn will be LTCG or come from other sources. Pl. advice ' BY: CA Sanjay Sehgal No answers yet View Answers | Post Answers |
| 8959 |
May. 27 2008 |
Taxability of stipend –
(DIRECT TAXES)
whether the stipend paid to traees per Apprenticeship Act are taxable under the come Tax Act, 1961. Please provide the specific reference. Thanks, CA. Ashish Garg ' BY: Ashish Garg No answers yet View Answers | Post Answers |
| 8953 |
May. 26 2008 |
ECB Returns –
(OTHER BODIES)
There is a certifiaction at the end of ECB 2,3 urns by a chartered accountant,comapany secary, does this certication needs to be done by practisg CA,CS or an employee CA,CS can also certify the saem? ' BY: Vasant Mistry No answers yet View Answers | Post Answers |
