Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5986 unanswered question(s) — Showing 3861–3880
| Que. Id | Date | Description |
|---|---|---|
| 6893 |
Jun. 21 2007 |
nil tds return –
(TDS/TCS)
if there is no deduction of TDS from sary one Qtr whether it is required to file ETDS for that qtr ? ' BY: bharat No answers yet View Answers | Post Answers |
| 6897 |
Jun. 21 2007 |
interest calculation U/S 234B(3) –
(DIRECT TAXES)
dear all i want to know how we have to calcute the ter U,S 234B(3) I am not able to understand the method of calcution by gog through the section. Can you tell me by means of small example It will be helpful for me ' BY: swaminathan.n No answers yet View Answers | Post Answers |
| 6899 |
Jun. 21 2007 |
Accounting treatment for I.T. purpose in case of builders of apartments –
(DIRECT TAXES)
A builder(Firm) constructs rential apartments and the apartments have not been completed as at the end of 31st March. The sale is taken only durg the year which the registration takes pce. Suppose, agast 30 apartments if 20 are completed at the end of the year 20 apartments sale is recognised and the work progress of 10 apartments is also taken as closg work progress. Is there any wrong if nothg is recognised as revenue on the basis of percentage of completion method the year which no registration takes pce. Also, is it compulsory to show 8% net profit case of tax audit assessees to save from scruty. ' BY: kvs srinivas No answers yet View Answers | Post Answers |
| 6902 |
Jun. 21 2007 |
EXPORT OF SERVICES –
(INTERNATIONAL BUSINESS)
Please tell me the procedure volved the export fo services and also the procedure to clear the documents of Foreign Receipts from RBI. Thank you. ' BY: Nikhil Kumar No answers yet View Answers | Post Answers |
| 6903 |
Jun. 21 2007 |
karnataka vat succession / transfer –
(VAT/Sales Tax)
mr a wants due to old age wants to transfer his proprietory concern to his son mr B who will contue the same shop. The vat officer requires mr A to pay the vat on closg stock as on the date of tranfer and mr B to take credit on the same. Sce the closg stock is of rge value mr A is not position to pay the same. my quion is whether the vat officer is justified dogso? is there any provision the karnatka vat for transfer of busess to any other family member without the cidence of vat on closg stock ? ' BY: guru No answers yet View Answers | Post Answers |
| 6882 |
Jun. 20 2007 |
difference between notification and circulars –
(MISC.)
i want to know what is difference between notification and circur thanks arun garg ' BY: arun garg No answers yet View Answers | Post Answers |
| 6884 |
Jun. 20 2007 |
Provision for Bad & Doubtful Debts in Co.operative Banks –
(DIRECT TAXES)
Now Co.op. banks are covered under tax net. Now my quion is whether provision for bad & doubtful debts provided books allowed the come tax u,s.36(1)(viia) or whether debts to be w,o is compulsory for availg benefit of that section. Sce special bank cases, no loans can be w,o books, how this section would be operative. Kdly advise at the earli. Thanks saurabhacharya83@yahoo.co. ' BY: CA Saurabh Acharya No answers yet View Answers | Post Answers |
| 6885 |
Jun. 20 2007 |
Sec 10(23C)(iiiab) –
(DIRECT TAXES)
The urn filg is not required u,s 10(23C)(iiiab)than why a urn should be filed under this section. Also what if the application of registration u,s 12A is pendg and urn till date is filed u,s 11 as trust? ' BY: Meenakshi No answers yet View Answers | Post Answers |
| 6872 |
Jun. 19 2007 |
CAPITAL GAIN ON REAL ESTATE TRANSACTIONS –
(DIRECT TAXES)
A ndlord entered to a Jot Venture Agreement with a Builder on 40:60 Basis of the constructed Area and accordgly on the date of the agreeement the builder was given possession of the nd and the existg buildg which was demolished. The ndlord was given conration only on the constructed area of buildg and obtaed nothg cash. ANY CAPITAL GA IMPLICATION ON THIS CASE? ' BY: SANKARANARAYANAN S No answers yet View Answers | Post Answers |
| 6874 |
Jun. 19 2007 |
10(23C)(iiiab) –
(DIRECT TAXES)
Is an educational stitution allowed to cim benefit u,s 10(23C)(iiiab) which is runng one college fro which it is receivg 95% grant from Govt. and one school for which it is not receivg any grant. How should one determe that whether an stitution is substantially fanced by Govt. Also if the above stitution has not cimed the benefit of this Sec 10(23C)(iiiab) till date can it cim the benefit from backdate say 2003 onwards? ' BY: Meenakshi No answers yet View Answers | Post Answers |
| 6880 |
Jun. 19 2007 |
Cenvat & TDS –
(Service Tax)
We have 3 divisions busess i.e Flori,Gherk & ISP. We got services from London & Isrel (company as a Whole),so we have to pay service tax on that services. We are service provider ISP division.So my pot is can you get cenvat for payg service tax on corporate services from NRI as full amount ? and ter payment to Isrel is come under DTAA or not ? Whether we have to make TDS or not ? ' BY: Raveendra Sangappa Kore No answers yet View Answers | Post Answers |
| 6865 |
Jun. 18 2007 |
FBT ON SERVICE TAX –
(DIRECT TAXES)
WHETHER FBT WILL BE PAYABLE ON THE SERVICE TAX PAID ON EXPENSES(LIABLE OF FBT) THE FOLLOWG CIRCUMSTANCES- 1. SERVICE TAX PAID IS CENVATABLE 2. SERVICE TAX PAID IS NOT CENVATABLE ' BY: PRAVIN KUMAR SAHARIA No answers yet View Answers | Post Answers |
| 6866 |
Jun. 18 2007 |
Quarterly returns –
(TDS/TCS)
Tax was deducted at source all 12 months i.e from APRIL-2006 to MARCH-2007 but was deposited bank only MARCH-2007 along with the applicable ter.Sce TDS was not deposited,no quarterly urns were filed for Q1, Q2 or Q3.urn for Q4 has been filed showg deductions from April to March & payment March.Is this treatment correct or separate quarterly urns are needed accordg to the date of deduction? ' BY: Sachindra Sharma No answers yet View Answers | Post Answers |
| 6868 |
Jun. 18 2007 |
about demat account –
(MISC.)
i want to know about demat account and its uses ' BY: arun garg No answers yet View Answers | Post Answers |
| 6869 |
Jun. 18 2007 |
FBT on Medical Expenses –
(FBT)
Respected Members, It is obvious that medical expenses are covered under the head of staff welfare and also that if such expenses are curred as per statutory requirement (eg. as required by Workmen Compensation Act or Factories Act) no FBT would be leviable. My query is (i) Whether expense on first aid would be liable to FBT? (ii) Whether expenses for treatment of employee office (not factory) would be covered under FBT? Regards, CA. Ankur Shah ' BY: CA. Ankur Shah No answers yet View Answers | Post Answers |
| 6858 |
Jun. 16 2007 |
Full text of ICAI Circular on accounting treatment on Sweat Equity/Employees Stock Option –
(CORPORATE & OTHER LAWS)
How to account for and present bance sheet crease networth of the company due to buildg up of tellectual property case of private limited compabnies? What is the accountg treatment and presentation the bance sheet when shares are issued at a premium due to crease networth the shape of sweat equity? I have been given to understand that there is a circur on this subject which is issued ny ICAI. If it is so may I get the full text of the circur? Any other guidele issued by SEBI or Department of Company affairs, come tax? ' BY: N K Bhat No answers yet View Answers | Post Answers |
| 6859 |
Jun. 16 2007 |
How the TDS Credit Credit will be availed? –
(DIRECT TAXES)
Dear Friend, I had converted an existg partnership firm to Company under Part IX of the Companies Act, say on 4th June2007. The bill raised by old firm on 01.06.07 is accounted by the customer on 10.06.07 and TDS deducted on hte same date.TDS certificate issued by the cutomer will bear the date 10.06.07 and PAN No. of the old firm. Who will get the TDS credit and how? ' BY: Sanjeev Kumar No answers yet View Answers | Post Answers |
| 6860 |
Jun. 16 2007 |
registration of charitable trust as per income tax rules –
(DIRECT TAXES)
i have a client (Charitable Trust) want to register come tax department to gettg the previges of registration. what are the procedures for registation? ' BY: CA. JEESON.C.S No answers yet View Answers | Post Answers |
| 6846 |
Jun. 15 2007 |
A is the owner of a commercial building. There are 20 tenants in the building. They pay around Rs.1 –
(DIRECT TAXES)
The tenants made several compts to several departments this regard but of no use. Fally, the tenants jotly filed the come tax urn of his ndlord showg full details of rent received, name of tenant etc by copyg his signature. come Tax Department has created heavy demand and alos levied penalty on the ndlord. ndlord wish to challenge the authencity of the come tax urn. But, facts mentioned the come tax urn are almost correct. Now, ndlord is tension. Please advise what should be right course of action on his behalf. ' BY: MAHENDRA KUMAR DUBLISH No answers yet View Answers | Post Answers |
| 6847 |
Jun. 15 2007 |
ISSUE OF TDS CERTIFICATE IN FORM 16/16A –
(Income From Salary)
Case 1. Arrear of sary paid to an ex-employee after 5 years of irement. Which form is to be used for TDS certificate. Case 2.: Arrear of sary paid to the wife of ex-employee after his death. How to treat this expenditure and which tds certificate, whom name is to be issued. Pl advice thanks mahesh nandwani ' BY: MAHESH NANDWANI No answers yet View Answers | Post Answers |
