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Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 3781–3800

Que. Id Date Description
7264 Jul. 27
2007
HOW TO GET THE ADDRESSES OF AUDIT DEPARTMENT OF DIFFERENT BANKS FOR APPLICATION FOR EMPANNELMENT OF – (AUDIT)
ADDRESS OF OFFICES OF DIFFERENT BANKS FOR APPLICATION FOR EMPANELMENT OF AUDITORS FOR CONCURRENT,SPECTION,TERNAL AUDIT '
BY: RABINDRA NATH RAY
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7241 Jul. 25
2007
Service tax – (Service Tax)
We are to developg the software.Along with the sale of sofwaare, we are also providg the trag to the ers of usg the software and we are chargg the fee for this trag.Are these Trag charges liable to service tax ? '
BY: UMESH GUPTA
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7246 Jul. 25
2007
Withholding Tax – (DIRECT TAXES)
Hello Friends. What is withholdg tax ? It is to be paid on ter on foreign coutrys borrowgs. From where I can fd more about it. Kdly advise, its urgent. Thanks saurabhacharya83@yahoo.co. '
BY: CA Saurabh Acharya
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7240 Jul. 24
2007
Exemption U/s 80D – (DIRECT TAXES)
Is service tax charged on Medical surance Premium u,s 80D is also eligible for deductio u,s 80D '
BY: Umesh Gupta
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7222 Jul. 23
2007
vat on materials used in civilworks – (VAT/Sales Tax)
hi, One of our client is gog on expansions. It cludes civil construction. For the same purpose, they have purchased steel, cement, other rial. The price of the same is clusive of VAT, Exciseduty. My quion is whether this vat can be cimed as put agast output vat. And time period, i.e. as and when rial is received or after capitalisg the Asset. it is a manufaturg company. please crify. as per AP VAT ACT. '
BY: ch.ramesh
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7230 Jul. 23
2007
Services Provided Outside India – (Service Tax)
The Defition of dia says territorial water of dia which is 12 kt miles from the nd Mass Of dia. The querri is a Ship Management Agent and has provided certa Taxable services to its client (Shippg company) which is an dian Company. Durg the period under review the ship was travellg out dia for a period of approx 180 days whether the services provided durg the period when the ship was out dia will be taxable? '
BY: Jignesh V Shah
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7214 Jul. 21
2007
Education Cess & Higher Education Cess – (Service Tax)
Under works contract notification the w says to 2% as service tax on gross amount subject to deduction of VAT paid if any. Here the pot raises works contractor opts to pay VAT under composition scheme VAT ws will not eligible for put paid on goods used for works contract and has to pay tax on fixed rate. Here can he cim put tax paid as VAT PAID for the purpose of service tax addition to tax paid under composite rate. Second whether assessee has to pay EC & HEC addition to 2%. '
BY: CA. GANESH K RAO
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7220 Jul. 21
2007
Valuation of Perquistee – (Income From Salary)
I want to have crification about the article published The Times of dia dated 13,06,2007 regardg valuation of perquiste on concessional accomodation. The article says that the sb rate of perquistee has been reduced from 20% to 15,10,7.5% respectively based on the city popution w.e.f. 01,04,2005. Whether the affected employees can cim refund? If Yes, what is the procedure? Also case where the employer is not the owner of the accomodation and pays rent, what is the rate for valug the perquiste and the date of applicability ? '
BY: SUMIT AGARWAL
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7171 Jul. 18
2007
The Value of the Gifted property in the Hands of Son. – (DIRECT TAXES)
A and B are father and son.Both are I.T. Assessees. A has purchased a plot for Rs.400000,- and constructed ground floor by an vment of Rs.800000,-. out of eight cs, A has availed a houseg loan of Rs.000,-. All this activity has taken pce the a.year 2005-2006. the assessment year 2006-2007, A has gifted that house property to his son B on 25th May 2006 by registerg the Gift Deed for Rs.1000,-(which is value the registerg Authority office). the assessment year 2007-08, Son B has constructed first floor on the gifted property by vg Rs.1000000,-. Out of 10 cs, Rs.6 cs is housg loan. Now my query is what is the value to be shown the come Tax urns while filg the urns of son B? '
BY: CA. Mangeswara Rao
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7172 Jul. 18
2007
applicable date for higher education cess – (TDS/TCS)
applicable date for higher education cess- 1st April 2007 or 11th May 2007 '
BY: sudeep kimtee
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7175 Jul. 18
2007
INCOME TAX ON NOT FOR PROFIT ORGANISATIONS – (DIRECT TAXES)
Assessee is a not for profit organisation M.P. It is receivg rent from commercial buildg. Normally an educational or health organisation enjoy exemption u,s 1023C. Its objects also cludes the same, but come is from house property. what is I.Tax implication. HOW IT CAN GET EXEMPTION OR FROM WHEN IT CAN GET REGISTRATION FOR EXEMPTION '
BY: RAKESH GUPTA
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7157 Jul. 17
2007
Assessment Procedure – (DIRECT TAXES)
Does Assessg Officer have an option to go ahead with Sec 147 or Sec 144? Is there any provision which states that first b judgement assessment has to be started with or AO can start with 147 directly? Kdly let me know any case w if you can provide. Also let me know if there is any rule ion to the step taken by AO. I am askg the quion as both have seperate consequences over assessee. Let me know your views. Thanks Regards, Prashant Ja '
BY: Prashant Jain
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7166 Jul. 17
2007
Exchange rate to be used -import transaction – (INTERNATIONAL BUSINESS)
Which is the exchange rate to be used on accountg of a import transaction. '
BY: Shenoy
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7136 Jul. 16
2007
Voluntary Registration – (INDIRECT TAXES)
Is voluntary registration allowed under Service tax '
BY: C.P Agrawal
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7148 Jul. 16
2007
Interest on Housing Loan - Possession is must? – (Income From House-Property)
Hello All. I want to know whether is it necessary to get the possession of House Property to cim the Deduction u,s 24? Does the section requires the House Property to be completed? '
BY: Siddharth
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7149 Jul. 16
2007
TDS on service tax – (DIRECT TAXES)
Whether TDS is required to be dedcuted on service tax component on rent, professional services etc., '
BY: balaji
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7153 Jul. 16
2007
Interest on Housing Loan – (DIRECT TAXES)
If a Housg Loan is borrowed jotly by husband and wife, are they eligible to get deduction of ter upto Rs.100,- each? '
BY: anup agrawal
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7133 Jul. 15
2007
HRA Claim under the new return filing scheme (ITR1) – (DIRECT TAXES)
My client was employment with two employers. Form 16 from the first employer was taxed conrg the total HRA as taxable and accordgly tax has been deducted. Now he has to compute the come conrg HRA exemption and revise the tax burden and get the amount as refund. Now the quion is how can we cim as it was said that no attachments should be enclosed. Please crify on this. '
BY: Mutyam
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7135 Jul. 15
2007
Reversal of Cenvat Credit on returns – (INDIRECT TAXES)
ABC ltd purchased raw matreial from xyz. Out of the total purchases 50% of the purchase was rejected and the rial was sent back to the origal supplier. such a case if the supplier was to account it as a sale reurn and to reverse the Excise duty,what is the document the customer has to sent to supplier to enable him to get back the duty. '
BY: KANNAN.M.J
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7116 Jul. 14
2007
Service in relation to the renting of immovable property – (Service Tax)
Dear Colleagues, A fance Co. has rented out its properties and durg the fancial year 2006-07 rents collected have crossed 9khs.Therfore service tax registration is mandatory. my quion is can the co. set off the service tax paid on telephone or service tax paid on rent paid by the Comapny or bank commission fully? please crify with regards from ashok '
BY: b.ashok
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