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Top 50 Questions UnAnswered Queries

5986 unanswered question(s) — Showing 4161–4180

Que. Id Date Description
6047 Mar. 23
2007
applicability of section 80-IA to private internate services provider – (DIRECT TAXES)
whether private ISP, who are not providg telecommunication serviece, is eligible for gettg deduction u,s 80-IA. Assessese is not baasic,cellur telephone servces provider. '
BY: vora mehul vinodrai
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6033 Mar. 22
2007
FBT on Tour and travel expenditure to be capitalised – (FBT)
Will Tour and Travel expenditure,curred for a project the expenditure of which will be capitalised, attract FBT? '
BY: GAYATHRI R
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6037 Mar. 22
2007
Trustee under Indian Trusts Act – (CORPORATE & OTHER LAWS)
Can a foreign citizen become a Trustee of a Trust created dia - Charitable or otherwise. Will it make any difference if such a foreign citizen is either a PIO - Person of dian Orig or an NRI. '
BY: R.Rajesh
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6040 Mar. 22
2007
CENVAT credit on oils & lubricants – (INDIRECT TAXES)
Can CENVAT credit be availed on oils and lubricants consumed towards nance of machery and equipments? Pl provide reference to any notification issued this regard... '
BY: SOWMYA B S
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6043 Mar. 22
2007
trust for minor child – (MISC.)
Dear Sir, An assessee want to creat a trust only for the benefit of the nor child. on attag the majority the capital of the trust will be transferred to the majors capital account. please give your answer alongwith relevant sections and case ws. thank & regards, '
BY: MANOJ KUMAR AGARWAL
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6026 Mar. 21
2007
EXCISE DUTY LIABILTY ON CONSUMPTION OF SCRAP – (INDIRECT TAXES)
The company is manufacturg TMT bars. the process of manufacturg the Fished goods, reusable scrap is generated. These scrap are excisable goods and marketable. If these scrap are aga used for meltg and manufacturg TMT thereof. Will that consumption be treated as captively consumed and duty shall be charged accordgly. '
BY: Vishal
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6028 Mar. 21
2007
Capital Gains – (DIRECT TAXES)
An Assessee Sales a house on 15-01-2007 Capital gas Arises on Transfer of House is Rs 800,- Assessee died on 01-02-2007. My query is:- Whether the wife of the Assessee or any other successor is entitled to get exemption u,s 54EC respect of capital ga arisg from transfer of house. And, if yes then, which name the vment REC bonds can made to get exemption u,s 54EC. '
BY: AMAR AHUJA
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6030 Mar. 21
2007
TDS on the Expense shared by the Group company. – (DIRECT TAXES)
What will be TDS liablilty if a company pays,reimburse the Holiday Home charges to its another group company for the fascility which was availed by the employees of the former company and the Holiday Homes are owned and mataed by the tter company. '
BY: Amit Agrawal
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6012 Mar. 20
2007
Guidence Note – (AUDIT)
If any body have guidance note on Statutory bank branch audit issued by ICAI soft copy, I requ you to pl. email me . My email Id - gscca@rediffmail.com Thanks '
BY: CA. Gurdeep Singh Chawla
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6016 Mar. 20
2007
EXEMPTION U/S 10(23C) – (DIRECT TAXES)
A school formuted under a trust which register under section 12A of the come Tax Act, 1961, havg gross receipts less than Rs. 1 crore wants to cim exemption under section 10(23C) of the come Tax Act, 1961. Kdly exp with relevant statutory provisions the requirement,eligbility for cimg above mentioned exemption. '
BY: rahul kalra
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6018 Mar. 20
2007
Share transfer stamp – (CORPORATE & OTHER LAWS)
From a readg of Rule 17(a) of the dian stamp Rules 1925 ( as applicable to Tamilnadu)it appears that only the case of public companies it is essential to affix special adhesive stamps bearg the description share transfer on struments of transfer of shares. the case of private companies it appears that an ordary adhesive stamp without the description share transfer may be used . Is this correct. This is important sce share transfer stamps are not avaible denomations higher than Rs 50,= and hence there is a practical difficulty procurg and affixg these stamps when the stamp duty runs to khs.There is no such practical difficulty the case of ordary adhesive stamps which may be got affixed the office of the suptd. of stamps. '
BY: S.Muralidhar
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6002 Mar. 19
2007
filing of return – (DIRECT TAXES)
pls tell me at a time, for how many years ITR can be file by an assessee . can an assessee file urn for st three year at a time or only two years pls tell '
BY: nitin jain
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6004 Mar. 19
2007
practice VAT in Rajasthan – (DIRECT TAXES)
pls tell me for the practice of VAT rajasthan a CA require to register himself with VAT(Sale TAx ) department like Tax Practicners or not '
BY: nitin jain
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6005 Mar. 19
2007
the modus operandi for the preparation of post qualification course of TMC and practical training re – (MISC.)
i am tered to pursue post qualification course tax management. i am a practicisg chartered accountant. what is the adequacy of the tax assignments for thepurpose of undergog practical triang my firm whihc i was a partner. if i want to jo other firm for undergog trag, is it permissible, because i am a full time practicg member. '
BY: ssrgupta
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6007 Mar. 19
2007
filing of return – (DIRECT TAXES)
if some one has been filg his itr st 3 years because his come exceed max exempted limit but if next year his come will come down to max exempted limit this case it is mandatory for him to file ITR or not pls tell '
BY: nitin jain
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5979 Mar. 17
2007
registration u/s12A – (DIRECT TAXES)
Ours is Registered Society, exclusively havg objects for runng educational stitution and registered with Commissioner of come Tax U,s12A. The Society was registered by the come Tax Department durg Assessment year 1981-82 and had filed its urns till Assessment year 2006-07. The Society is now wishes to dispose the surplus nd by formg a yout and sellg it as house sites, sce it may fetch higher rate. Whether it will be treated as come under busess and whether exemption be denied U,S 10(23C)(vi. Please highlight me. dhanabal '
BY: dhanabal.c.
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5980 Mar. 17
2007
TDS Deducted on Service tax – (DIRECT TAXES)
is tds should be deducted on the service tax. '
BY: Ankush Maheshwari
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5991 Mar. 17
2007
PROFESSIONAL WORK ON ASSIGNMENT BASIS – (MISC.)
can members teract on this forum and seek professional work on assignment basis.i believe it will help lot of our colleagues '
BY: BHARAT BHUSHAN
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5994 Mar. 17
2007
TDS-LATE PAYMENT – (DIRECT TAXES)
AS PER SEC.200 ANY PERSON MAKG TDS AFTER PAYG THE TDS TO GOVERNMENT SHALL SUBMIT URN.NOW CONR THIS-TDS IS MADE ON MONTHLY BASIS FROM APRIL 06 TO MARCH 07 HOWEVER IS NOT PAID TO THE CREDIT OF GOVERNMENT . SCE TDS IS NOT DEPOSITED NO QUARTERLY URNS HAVE BEEN SUBMITTED. MARCH 07 THE ENTIRE TDS WILL BE PAID ALONG WITH TER & URN WILL ALSO BE DULY FILED.I SEEK YOUR ADVICE REGARDG CONSEQUENCES U,S 201,221,271C. '
BY: SACHINDRA SHARMA
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5975 Mar. 16
2007
INTEREST ON PPF INVESTMENT – (DIRECT TAXES)
WHETHER TER COME ON PPF VMENT WOULD BE ELIGIBLE FOR EXEMPTION U,S 80C? '
BY: SURAJ KUMAR CHOUDHURY
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