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Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 3761–3780

Que. Id Date Description
7384 Aug. 11
2007
Stock market income – (DIRECT TAXES)
A person conducts transcations stock market, regurly. The transactions are normally delivery based. However, some times he suares up the transactions and transactions are tra-day. 1. What is the nature come, of tra day transactions i.e. STCG , Specution ? 2. If specualtion is it specution busess or other come,. 3. If Busess, is it comg under 44AB. 4. If it is comg under 44AB, is it the Sale,Purchase value to be conred for T.O. or the Profit, the transaction is to be conidered for the T.O '
BY: BARATHIDASON R
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7373 Aug. 10
2007
calculation of depreciation on fixed assets – (CORPORATE & OTHER LAWS)
Suppose if a company purchase new assets on 25,08,2006 and calcutes depreciation proportionately on month wise stead of days wise. this case company calcutes depreciation on 8 month though assets has been bought on 25,8,06. Is it correct policy adopted by the company.Whether it is viotion of Schedule XIV. '
BY: manish agarwal
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7374 Aug. 10
2007
heir of Machinery covered under service tax? – (Service Tax)
One Buildg Contractor giveg his machery on heir Idle time.And gettg Herg Charges.Whether Herg Charges come Covered Under Service Tax and if yes which Catagory? '
BY: Umang H. Thakker
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7371 Aug. 09
2007
registration in CA final – (MISC.)
I passed PE- 2 may 2007 . whether should i register under ol fal or new fal. i hear if i register under old fal i can apper fianl exam after 2 years otherwise i shal have to appear fal exam after 3 years. when will be first CA fal exam under new sylbus. please advise what i shiuld do. '
BY: umesh kumar
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7355 Aug. 08
2007
MEF 07-08 Form related query – (MISC.)
Whether experience of a person from the period of Article ship may be conred or experience only after becomg CA should be conred. '
BY: Rajesh
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7356 Aug. 08
2007
What is the legal staus required for the business of taking deposits from public. – (MISC.)
A busees house wants to start the busess of takg deposits from public without permission from RBI.So which legal status it can do this busess legally.Like can a co-operative society can be registered with this objective and do this type of busess. '
BY: PAK Patro
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7357 Aug. 08
2007
Further Issue of Shares – (DIRECT TAXES)
A 10 year old private limited company, creaes its authorised share capital and paid up share capital. Can it treat the expenses on these as deferred expenses, to be written off @ 2o% per year. Please provide me the case w, section also. Its urgent '
BY: Ambar Kasliwal
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7360 Aug. 08
2007
The supply of printed labels by printer to assessee – (TDS/TCS)
whether supply of prted bels to a person amounted to sale or works contract. if works contracts, then provisions of sec 194C applicable or not. '
BY: SETHI KRISHAN KUMAR
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7339 Aug. 07
2007
Rate of CDT – (DIRECT TAXES)
The rate of CDT for the A.Y.2007-08 is 16.995% (that is 15%+10%surcharge and cess @3% thereon).The company expects to have a net come less than Rs.1 crore for the A.Y.2008-09. The quion is when the company decres and distributes dividend the previos year 2007-08 ie., for the A.Y. 2008-09 whether any surcharge on CDT has to be paid. One opion is that as the cess is taken @3% correspondgly no surcharge need be paid. Another opion on the same matter is that as the total come figure for A.Y.2008-09 is only an i surcharge should be paid. Please advise. '
BY: SILPA RAMDAS
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7350 Aug. 07
2007
REFUND – (INDIRECT TAXES)
Is limitation period of one year to cim the refund aplicable where the tax is erroneously paid without there beg any liability to remit . other words,there is no service and neither is the refund arisg on account of credit notes.It is just that the calcution went wrong while payg the taxes.Can it be conred as payment without jurisdiction. '
BY: Ranganath Shenoy
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7351 Aug. 07
2007
CA PCC EXAMS FOR EXISTING STIDENTS – (MISC.)
My qustion is connected to my students, One students has passed PE-II (Group-I)and another has exhausted 5 attempts and pursug PE-II and both are submittg Nov.2007 PE-II attempt examation form. Now what is the course avaible to them after Nov.2007 exams. Both are B.Com. and heve not passed foundation or PE-I. '
BY: Arvind Mantri
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7334 Aug. 06
2007
repayment of loan u/s 269T – (AUDIT)
if client is reapayg the t on exceeg Rs. 20000 only. Will it be shown repayment colmn? '
BY: anil
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7328 Aug. 05
2007
Change of employer and address - Salaried person – (DIRECT TAXES)
Can jurisdiction shown at the time of issug PAN be changed ? When the same person moves to another geographical location and gets his sary from a new employer and receives Form 16 from the new employer, under which jurisdiction shall he submit his urn? Can he submit his urn under the jurisdiction as per the PAN ? If PAN jurisdiction,st years(FY06-07)Form 16 jurisdiction and present employment jurisdiction are all different ? Under which jurisdiction the IT urn shall be submitted? '
BY: A Chowdhury
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7314 Aug. 03
2007
Can benefit of interest on house loan be claimed even if house is sold in the same financial year? – (Income From House-Property)
A owns a rential house. He pays ter on house loan. He sells his house after 3 years of purchase December 2006. He has paid loan stalments till the time of sale, when he repaid the loan out of sale proceeds of his house. Can he cim benefit of ter paid 2006-07 (upto Dec 06)under sec 24, under the head come from House Property as he held the house for part of the year? '
BY: N K Jain
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7316 Aug. 03
2007
packing credit – (INTERNATIONAL BUSINESS)
what is packg credit?( detail) '
BY: Siddaramesha .J.
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7317 Aug. 03
2007
CHANGE OF FIRM NAME – (MISC.)
I have applied bank audit the name of Piyush Kapoor & Associates. Now I am mergg my firm with another firm and change the name of firm. What will be the effect on my bank audit. '
BY: PIYUSH KAPOOR
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7303 Aug. 02
2007
Interest on delayed payment of Service Tax – (INDIRECT TAXES)
What is the rate of ter payable on deyed payment of service tax as per the t notification the official gazzete ? '
BY: N.Muralidharan
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7294 Aug. 01
2007
Internal audit & Risk Management – (AUDIT)
Dear Members, What is the difference between ternal audit & Risk Management? Which is more important from Companys perspective? '
BY: VISHAL SARAN LAL
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7266 Jul. 28
2007
tds on printed packing material – (TDS/TCS)
Should we deduct TDS on prted packg rial or we should go for BDA LTD pl guide. '
BY: pramod bothra
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7272 Jul. 28
2007
TDS on Incentive – (TDS/TCS)
Whether T.D.S. will be deduct on centive Payments '
BY: CA. Praveen Gupta
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