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Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 3841–3860

Que. Id Date Description
6973 Jun. 30
2007
DEDUCTION UNDER SECTION 80IB – (DIRECT TAXES)
If a real ate company develops the commercial, rential and rential cum commercial complex North Eastern Region, whether the said Company is eligible to get the deduction under section 80IB of the come Tax Act, 1961. What would be the status if the commecement of the construction is started before 31st march 2007 and after 31st March 2007. my opion only rention complex gets the deduction U,S 80IB and not the Commercial complex. Please crify the same. Thang you. '
BY: gopal agarwal
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6974 Jun. 30
2007
ITR-4 – (Profits & Gains of Business & Profession)
ITR-4 Bance sheet at which column the Advances received from Clients and Outstandg Expenses will be shown? '
BY: Jay
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6975 Jun. 30
2007
Tds u/s 195 is it deductible for Design Charges, Trademark Registraion Charges – (DIRECT TAXES)
Tds u,s 195 is it deductible for Design Charges, Trademark Registraion Charges and web access charges? Pl crify '
BY: sonal a mehta
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6977 Jun. 30
2007
Sec 194A APPLICABLITY – (DIRECT TAXES)
DOES TER PAID TO A FANCE COMPANY (PVT) BY A FIRM REQUIRES DEDUCTION OF TDS U,S.194A? '
BY: R.VENKATACHALAM
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6959 Jun. 29
2007
Applicability of service tax on pre marketing support service provided by Indian co to the holding c – (Service Tax)
An dian company has entered to a pre sales marketg support service agreement with its holdg company US. As per the agreement, the dian co. will assist and support holdg co. by evaluatg the demand for the products of the holdg co., make cold calls, assist communicatg prospective customer needs to the holdg co., reyg customer feedback to the holdg co. terms of future product improvements etc. There is no service rendered to the end customer dia by the dian co. All the data collected are transmitted to the US. case of ter beg evced by any dian party the holdg co. takes over from the dian co and then sells its products to the dian customer. Under what category will the service rendered by the dian co. to its holdg co. be cssified? Whether under busess auxiliary or busess support services? Will the service rendered by the dian co. to the holdg co. (located US) tantamount to export of service? '
BY: CA. Kumar
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6960 Jun. 29
2007
Exhibition Income earned by Charitable Trust – (DIRECT TAXES)
A Trust has received Exhibition come, whether the same come would be treated as charitable come & exemption is allowed U,s 11 or it will be treated as busess come? '
BY: Ratnesh Chand Jain
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6962 Jun. 29
2007
Conversion of loan into donation – (MISC.)
A gave loan of Rs. 10 cs to a educational society registered under societys Act 1860. Now,he wants to convert loan to donation. Can he do so ? Can section 269T apply to Society ?. what is the right procedure under w. '
BY: anand parkash
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6943 Jun. 28
2007
inter state stock transfer – (INDIRECT TAXES)
Under Kera vat- for ter state stock transfer, whether any duty is payable under any rules and under practical circumstances (Even though it comes under CST ) '
BY: CA. JEESON.C.S
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6949 Jun. 28
2007
whether bonded warehouse is a place of removal? – (INDIRECT TAXES)
Whether bonded warehouse (where goods are stored without paymnent of duty) can be termed as a pce of removal of excisable goods? If yes, can cenvat credit be availed on service tax charged by C&F agents to transport the goods from the factory till the bonded warehouse? '
BY: Sowmya B S
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6950 Jun. 28
2007
Section 40 a(ia) – (DIRECT TAXES)
When TDS deducted for the month of March 07 has been deposited with a dey on 14-4-07, would this dey deposit of TDS be hit by Section 40 a(ia) disallowance. Whether the above dey can be condoned, what are the remedies? '
BY: Nilesh Shah
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6952 Jun. 28
2007
Excise impact on Retroactive Price change – (INDIRECT TAXES)
Hi, Can anyone throw light on impact of a rospective price change for an excisable item. To elobarate: Say item X (which is excisable @16 %)has been purchased for Rs10 for several years. When the seller creases or decreases the Price to 11 ot 9 respectively for the st 3 years, what would be the impact on the Excise Duty paid , Payable. Should the supplier charge the excise on such price difference? '
BY: Harishankar
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6953 Jun. 28
2007
duty drawback – (MISC.)
what is the meang of duty drawback and what is its accountg '
BY: arun garg
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6927 Jun. 26
2007
Capital Commitments – (AUDIT)
What are the items falls under capital commitments for disclosure the fancial statements '
BY: K. SAI KIRAN
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6931 Jun. 26
2007
Apply for certificate from IRDA to become an Insurance Agent – (COUNCIL DECISION)
I may kdly be advised if a member practice can apply to the IRDA for a certificate that enables him to become an surance Agent. '
BY: P.Rajkumar
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6917 Jun. 25
2007
tds on display – (TDS/TCS)
we have entered to an arrangement with our vendors under which they will give a space for dispyg our products.Whethet tds is deductible u,s 194 c or 194 I.pLS GIVE THE REFERENCES FOR YOUR ANSWER.eg payg dispy charges to Pantaloon a mall for space taken for advertisg our product. '
BY: vijaya nand jha
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6920 Jun. 25
2007
PROFESSIONAL TAX – (MISC.)
IF I M HAVG 2 PROPREITORSHIP CO. AND ONE PARTRNERSHIP FIRM THE HOW MANY PT NO. I HAVE TO APPLY AND PAID '
BY: ARUN P. VELANI
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6916 Jun. 24
2007
Position when no Order passed within the statutory time period of six months as prescribed under sec – (DIRECT TAXES)
As per Section 12AA(2),Every grantg or refusg registration under cuse (b) of sub-section (1) shall be passed before the expiry of six months from the end of the month which the application was received under cuse (a) of section 12A. But what will be the position when no passed with the statutory time period of six months as prescribed under section 12AA(2) of Act. And what will be the position if an of refusg the registration is passed after the expiry of the time prescribed of six months. the above situation, whether the assessee should not be deprived of the benefit of registration and the registration should be deemed to have been granted. But the problem is that when no has been passed with the statutory time period of six months as prescribed under section 12AA(2) of Act, no Appeal can be filed. To file an Appeal there must be an of rejection. No passed and the case selected under scruty is beg completed without givg exemption u,s 11 and 12 of the Act with heavy tax demands.What to do under this situation. Sugg some legal cases on the issue decided by different Courts,Tribunals. '
BY: Lakshmish Kant
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6913 Jun. 23
2007
LOAN FROM PARTNERSHIP FIRM – (CORPORATE & OTHER LAWS)
Hi i would like to know that how to be '
BY: abc
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6914 Jun. 23
2007
set off unabsorbed depreciation against salary income – (DIRECT TAXES)
whether unabsorbed depreciation allowance can be setoff agast sary come.After changes assessment year 2005-06 that busess cannot be setoff agast sary come which is governed by sec71 whether it applies to section 32(2) also '
BY: ANANDA P M
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6891 Jun. 21
2007
Exemption u/s 54B – (Capital Gains)
An assessee purchased agricultural nd with Municipal corporation limits. He did not actually used it for 2 years. But, the nd was fit , ready , capable of beg used for agricultural purposes. He then sold the nd and ved the proceeds another agricultural nd out the municipal corporation limits. He cimed the exemption u,s 54B regardg his capital ga arisg. As required by Sec 54B, he did not hold the new agricultural nd for 3 years, but sold it less than 3 years. Will the capital ga arisg out of sale of new nd will be taxable? No, as it is exempt specifically u,s 10. Sce it is agricultural come out of municipal limits. Kdly let me know if this argument will hold good? What about the earlier exemption granted? Will it be withdrawn back as the conditions id down are not complied with? Will the exemption cancelled will be taxed as short term or long term capital ga??? Regards, Prashant Ja '
BY: Prashant Jain
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