Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5986 unanswered question(s) — Showing 3521–3540
| Que. Id | Date | Description |
|---|---|---|
| 8055 |
Dec. 05 2007 |
TAXABILITY OF GRATUITY RECEIVED BY LEGAL HEIRS OF EMPLOYEE COVERD UNDER GRATUITY ACT –
(DIRECT TAXES)
At Present I am workg a company which is covered under the payment of gratuity act the quion is whether any payment, excess of the limits under the payment of gratuity act paid to the legal heir(s) of a deceased employee is taxable his ,her , their hands or not.( refer Sec 10(10)(ii) of come tax act ) ' BY: K.VENUGOPAL No answers yet View Answers | Post Answers |
| 8056 |
Dec. 05 2007 |
Tax liability of USA Company providing marketing services in India, Hyd.And TDS liability of Indian –
(DIRECT TAXES)
A Company corporated USA, providg MARKETG SERVICES Lodgg dustry. The said Company wants to provide services to dian Company Hyderabad on Contract basis. 1. What will be the tax liability of US Company dia for the above services? and 2. What will be the TDS requirement of dian Company receivg the services? ' BY: Sumit Agarwal No answers yet View Answers | Post Answers |
| 8059 |
Dec. 05 2007 |
compensation received by family members on contingency whether taxable or not –
(DIRECT TAXES)
I want to know whether compensation received by family members due death of sole earng member bomb bst is taxable or not under come tax act ' BY: GEORGE VARGHESE No answers yet View Answers | Post Answers |
| 8064 |
Dec. 05 2007 |
Sale U/s 6 ( 2 ) of CST Act –
(VAT/Sales Tax)
M,s.X of Kolkata s M,s.Y of Mumbai to Supply GI Sheet to M,s.Z of Orissa.To fit the requirement of M,s.Z the said rial was first brought to Himachal Pradesh a Factory of M,s.P FOR Certa Job Work (no Road permit ,Way bill)required for this consignment. From HP the rial gone to Orissa, the ulti dation with the way bill of M,s.Z. m,S.X Cims the Sale as EXEMPTED on the plea that the same movement cuse sec.6(2),although apparently vitiated the spirit of the transaction qualifies it to be elligible for EXEMPTED. Please advise. ' BY: KAMAL CHATTOPADHYAY No answers yet View Answers | Post Answers |
| 8042 |
Dec. 04 2007 |
Applicability of Vat+Service Tax –
(INDIRECT TAXES)
On eof my client is engaged providg marketg services and is registered service tax under BAS. He consumes caps, t-shirts, banners, hordgs, Neo Signs, Glow signs the performance of his services and reflect the same his voice and charge service tax on his fee as well as on the value of these items consumed. Whether he is dog correct or Vat has to be charged on these consumable items. There is no delivery of goods to the clients. My client charge the rates of above mentioned above on the basis of contracted rates and does not furnish the copy of his purchase bills to his client. Please tell whether his chargg of service tax is correct or he has to charge Vat on items consumed ' BY: Sudesh Kumar Agarwal No answers yet View Answers | Post Answers |
| 8043 |
Dec. 04 2007 |
WHETHER INCOME FROM DEALING IN FUTURE/OPTION N INTRA DAY TRADING IS TO BE –
(DIRECT TAXES)
WHETHER COME FROM DEALG FUTURE,OPTION N TRA DAY TRADG IS TO BE CONRED OR TRANSACTIONS. ' BY: HARISH KUMAR No answers yet View Answers | Post Answers |
| 8049 |
Dec. 04 2007 |
RECTIFICATION U/S 154 –
(DIRECT TAXES)
WE FILED THE URN OF ASSESSEE AUGUST 2008 .i.e AFTER DUE DATE - 31.07.2007. AND DUE TO SOME TYPOGRAPHICAL MISTAKE , FDR TER OF FOURTH QUARTER AND T.D.S HAS BEEN IGNORED WHILE FILG URN ON TERNET. CAN ASSESSEE REVISE THE URN OR APPLY RECTIFICATION U,S 154 ?. KDLY ELUCIDATE IT WITH CASE WS AND CITATIONS , IF ANY. ' BY: SUNIL KUMAR KHANNA No answers yet View Answers | Post Answers |
| 8036 |
Dec. 03 2007 |
RBI filings –
(OTHER BODIES)
My company has obtaed RBI approval for vment a foreign subsidiary upto USD ,000 though the automatic route. My company has remitted 450,000 of that. Now it has been decided that only 400,000 is required and bance remittance is not required. What is the procedure that I need to follow with RBI for complete this formality. ' BY: Prabhakar No answers yet View Answers | Post Answers |
| 8038 |
Dec. 03 2007 |
Insurance Premium paid by Employers –
(DIRECT TAXES)
Dear colleagues, case of employers are payg the surance premium respect of medical surance for his employees, the same is not to be treated as perks the hands of employees as excluded from the defition of perks by the proviso to sec. 17(2). However, if the surance premium paid for coverg the employees for accidental surance, which is not required under any w, what is the tax treatment of that payment the hands of both employees and employer? Thanks, CA. ashish garg ' BY: Ashish Garg No answers yet View Answers | Post Answers |
| 8031 |
Dec. 02 2007 |
BOMBAY PUBLIC TRUST ACT 1950 -SCHEDULE IX-C - AUDITOR'S REPORT –
(MISC.)
SIR, PLEASE FROM DETAILS OF SCHEDULE IX-C AND RULE 32 OF THE BOMBAY PUBLIC TRUST ACT 1950. AND ALSO SECTIONS 35,36,58 OF THE ACT. BY WHOME THIS SCHEDULE IS TO BE SIGNED WHETHER AUDITOR OR ASSESSEE ' BY: navin chander goel No answers yet View Answers | Post Answers |
| 8025 |
Nov. 30 2007 |
Arbitary Company Policy on LTA –
(DIRECT TAXES)
Can the company legally frame rules pertag to non-allownace of LTA if journey done by taxi or no carryforward of LTA? Can i chalnge such a decision? ' BY: Piyush Dhir No answers yet View Answers | Post Answers |
| 8026 |
Nov. 30 2007 |
Depreciation as per Companies Act –
(CORPORATE & OTHER LAWS)
What are the implications or penalty(if any) if a Public limited company (not listed) does not provide DEPRECIATION as per Companies Act ' BY: Jimmy No answers yet View Answers | Post Answers |
| 8027 |
Nov. 30 2007 |
cascading effect –
(MISC.)
what is meant by CASCADG EFFECT? ' BY: kartheek pabbisetty No answers yet View Answers | Post Answers |
| 8021 |
Nov. 29 2007 |
TDS on sitting fees? –
(DIRECT TAXES)
All Dear, Kdly give me your kd views on below given query: Whether TDS should be deducted on payment made to an NRI,RI Directors for sittg fees to attend meetgs for an dian company dia???????? ' BY: Ajit.b.Limbachiya No answers yet View Answers | Post Answers |
| 8024 |
Nov. 29 2007 |
COP –
(MISC.)
Can a CA dog service dustry can hold COP? If yes can he become partner FIRM, however he will not be dog any certification work. ' BY: Jitendra No answers yet View Answers | Post Answers |
| 8019 |
Nov. 28 2007 |
APPLICABILITY OF SERVICE TAX –
(Service Tax)
Octavo Solution pvt. Ltd gives consultancy to Quality Council of dia, a autonomous stitution formed by Government of dia.Type of Consultancy is how to improve the quality of Medical services dia and formg a standered for hospitals for quality accreditation.Octavo Solution received part payments from Quality Council of dia but did not deposited any service tax argug that contract with GOI body does not attract any service tax liability and the contract agreement is also sielent for service Tax. Is the company correct? If no then what ealse other tan Service tax it will have to pay? ' BY: Pankaj Prabhakar No answers yet View Answers | Post Answers |
| 8010 |
Nov. 27 2007 |
Applicability of MAT –
(DIRECT TAXES)
If any frastructure company which is eligible to get 80IA Deduction, need to pay come Tax under MAT(Mimum Alternate Tax) Section 115JB??? ' BY: K Pradeep Kumar No answers yet View Answers | Post Answers |
| 8011 |
Nov. 27 2007 |
Taxation of Trust for benefitsof minor –
(DIRECT TAXES)
If a trust is formed for the benefit of a mor whether A.O. can club the come of the Trust the hand of any of the parents? ' BY: ABHAY KUMAR FULFAGAR No answers yet View Answers | Post Answers |
| 8012 |
Nov. 27 2007 |
Time Limit For availing Cenvat Credit on Capital Goods –
(Customs & Excise)
Dear Sir, case of a new project which starts one fancial year and compelete another FY. Is there any time limit for availg cenvat credit on capital goods. Deepak Gupta ' BY: Deepak Kumar Gupta No answers yet View Answers | Post Answers |
| 8014 |
Nov. 27 2007 |
Membership should show at Kolkatta Branch –
(MISC.)
Why my membership and details are not reflected at ICAI Kolcatta.Is this possible if send someone there can check and verify the my datil at ICAI Kolkatta branch. ' BY: Choudhary Pawan Kumar Roy No answers yet View Answers | Post Answers |
