Sebi offers a way over FPI tax rule hurdle
You can add further comments to your query by clicking on "Add Comment".
This link will appear only, if you are logged-in with your user id and password. The same will appear as
"Querist Comment" on the Forum.
Click here to Post your Query >>5986 unanswered question(s) — Showing 4221–4240
| Que. Id | Date | Description |
|---|---|---|
| 5877 |
Mar. 07 2007 |
Analytical review of sales –
(AUDIT)
Can anybody exp me how to do ledger scruty,anlytical review of sales ' BY: Greena No answers yet View Answers | Post Answers |
| 5881 |
Mar. 07 2007 |
FOREIGN COMPANY OPEN LIASON/BRANCH OFFICE –
(CORPORATE & OTHER LAWS)
Q. If the Foreign Company based of Dubai and open the Liaison , Branch Office dia and the company is not dog any billg from dia and there was no any come arise dia to the Foreign Company but the Company has paid the Sary to Employees Employed by the Foreign Company dia . What will be the formalities to the Foreign Company? Is there any Professional Tax Registration, TDS No. & PAN to be taken by the Foreign Company. Please advice to us. Or any other formalities regardg come Tax, Company w and RBI please advice . ' BY: RATNESH CHAND JAIN No answers yet View Answers | Post Answers |
| 5861 |
Mar. 06 2007 |
Does payment of FBT is allowed as expenditure u/s 37 of Income from business & profession. –
(FBT)
Does payment of FBT is allowed as expenditure u,s 37 of come from busess & profession. ' BY: Manish Kalantri No answers yet View Answers | Post Answers |
| 5864 |
Mar. 06 2007 |
TDS & Service Tax on Bill amount –
(DIRECT TAXES)
Dear Sir, A is the Foreign Company. We have paid net amount to A Co. towards Professional services. dian w we will be liable to paid TDS and Service Tax on that payment. Now quion is :- 1. TDS will deduct on payment cludg Service Tax 2. Service Tax will pay on payment cludg TDS amount ' BY: devendra No answers yet View Answers | Post Answers |
| 5869 |
Mar. 06 2007 |
Can Non resident be a trustee –
(CORPORATE & OTHER LAWS)
Whetrher under Bombay Public Trust Act,1950, a Non Rent can be Trustee of the Trust or not? ' BY: Ramjeevan V. Khedia No answers yet View Answers | Post Answers |
| 5855 |
Mar. 05 2007 |
HRA Exemption –
(DIRECT TAXES)
A company has taken a rential property on rent and has given it to one of its employees for the tters rential occupation.The company is payg rs.8000 as monthly rent to the owner of the house.On the other hand the company deducts rs.8000 p.m from the employees sary towards rent.What is the tax treatment the employees hand?If it is a perquisite,what is its value?The company is payg him HRA also.Whether the employee can cim HRA exemption on the rent deducted by the company from his sary?Pls.crify.Thanks. ' BY: Balasubramanian R No answers yet View Answers | Post Answers |
| 5856 |
Mar. 05 2007 |
TDS on Internet service (VAS) –
(TDS/TCS)
Is TDS applicable on payments for Value added Services (VAS) for ternet services charged by service providers e.g. Airtel or Reliance or MTNL on DSL billg. If yes, then why not on other billgs e.g. telephone connection etc. from simir SP where the amount billed & paid by assessee qualifies under TDS provisions ' BY: Rajesh No answers yet View Answers | Post Answers |
| 5859 |
Mar. 05 2007 |
What happen when REC bonds Redeemed after 3 years –
(DIRECT TAXES)
If a person sales a long term capital asset and v the money REC bonds (Redeemable after 3 years), he gets exemption u,s 54EC of amount of vment. but what is the Taxabiltity of same REC bonds redeemed after 3 years. ' BY: anurag goel No answers yet View Answers | Post Answers |
| 5860 |
Mar. 05 2007 |
Bad Debts Written off –
(CORPORATE & OTHER LAWS)
Client is a company and sell goods to parties through dealers and directly also. Outsatndg bance of one of the party,who is a dealer also(dealer means party thruogh whom goods are sold to other party and company pay commission to dealer)has not been received sce long. Now co. directly sell to the customer which is addressed by him.After some years co.write off receivables as bad debts and file suit for recovery of the amount.Some time ter, Dealer also filed a case agast co.that he is dealer and co sell directly and hence he curred of commission so the co should pay it. On hearg officer asks the co receivables as per account,which is currently Nil because of writeoff. So now any case w or notifacation is avaible regardg No any right of recovery is reduce even if it is written off by co. ' BY: sanjay patidar No answers yet View Answers | Post Answers |
| 5850 |
Mar. 04 2007 |
CAPITAL GAIN - SECTION 54 –
(DIRECT TAXES)
Is the house property purchased out of dia is eligible to satisfy the condition of purchase of House Property as provided u,s 54 of I.Tax Act,1961 ' BY: KAMAL JAIN No answers yet View Answers | Post Answers |
| 5851 |
Mar. 04 2007 |
CAPITAL GAIN - SECTION 54 –
(DIRECT TAXES)
Whether House purchased out dia is eligibale for calimg exemption under the provisions of section 54 of I.Tax Act,1961 ' BY: KAMAL JAIN No answers yet View Answers | Post Answers |
| 5852 |
Mar. 04 2007 |
service tax rate for transporter –
(Service Tax)
My client is to providg transport service to its client, what is the rate of service tax for this purpose? and when he should file the urn? ' BY: M.Agarwal No answers yet View Answers | Post Answers |
| 5838 |
Mar. 03 2007 |
PERQUISITE VALUATION - RENT FREE ACCOMMODATION –
(DIRECT TAXES)
The quion es to a govt. co. Thrissur (Kera). As per Rule3 of the IT Rules, The value of the rent free accommodation provided by this co. shall be valued @15% of sary less any amount actually paid by the employee. But the problem here is that the Municipal Fair Rent determed comes only upto Rs.3 p.a. for this particur area, which is much less than 15% of the sary. Aga the quarters provided as well as the furniture and other fittgs provided there are valueless as per the companys accounts and are discarded ones. But for the purpose of perquisite valuation 15% has to be adopted. Now the quion is two fold : 1.Whether the municipal fair rent can be adopted for valuation purposes? 2. Is it feasible to assign NIL value to these and give a proper disclosure the Notes Attached To the Accounts of the Company? ' BY: SILPA RAMDAS No answers yet View Answers | Post Answers |
| 5839 |
Mar. 03 2007 |
Input Credit in Service Tax –
(Service Tax)
If as assessee has not cimed a particulr year his avaible service tax credit agast his fal liability the urn filed, can he cim the Credit not availed,agast the ibilty of Next succeedg year or not? for eg. The put was Rs. 100000 agst the liabilty of Rs. 90000 but he cimed his urn only Rs. 10000 credit agast his 10000 ibilty. Can he cim the r of the Credit of Rs. 90000(Rs. 100000-10000) agast his ibilty of Rs. 80000(90000-10000) the succedg year or not? ' BY: Ashu Khanna No answers yet View Answers | Post Answers |
| 5842 |
Mar. 03 2007 |
Binding effect of Tribunal Judgment –
(DIRECT TAXES)
which article of the Constitution of dia it is provided that a judgment of a Triubnal is bdg of lower authorities & assessee with its jurisdiction? Please also quote case ws on the matter, if any. ' BY: Tanuj Agrawal No answers yet View Answers | Post Answers |
| 5849 |
Mar. 03 2007 |
Capital Gains Tax –
(Capital Gains)
Whether Capital Gas relief is avaible for a NRI acquirg rential property overseas with the proceeds of the sale of rential property,nd dia. ' BY: Anjan Banerjee No answers yet View Answers | Post Answers |
| 5821 |
Mar. 02 2007 |
Renting of immovable Property –
(Service Tax)
As per proposal of budget 2007 a new service namg rentg of immovable Property is troduced. whether it will cover leasg of a property (hotel) agast an annual fixed lease rent?,,, ' BY: Neetu Bohara No answers yet View Answers | Post Answers |
| 5825 |
Mar. 02 2007 |
service tax –
(Service Tax)
If some one provide taxable service for Rs 10000 raised the bill for Rs 11224 clusive ST & ES and pass the followg entry X Ltd Dr 11224 ToConsultancy Fees 10000 To Service Tax Payable 1200 To Education Cess 24 And when received payment Rs 0 on account of above bill then service tax will be paid to govt a,c up to 5th of next month as per followg entries 1. Bank A,c Dr. 0 To X ltd 0 2. Service Tax Payable Dr. 534 Education Cess Dr. 11 To Bank A,c 545 Please guide me whether I have right approach or not if not then pls tell me the right one With regards Suni Sharama ' BY: nitin jain No answers yet View Answers | Post Answers |
| 5826 |
Mar. 02 2007 |
TAXABILITY OF REIMBURSEMENT OF NOTICE PAY –
(Income From Salary)
New employer reimbursg the notice pay payble to the old employer is it taxable the hands of employee? any case ws , judgements. Pl through some light M. NAGESH ' BY: M NAGESH No answers yet View Answers | Post Answers |
| 5829 |
Mar. 02 2007 |
interest paid on housing loan v/s. HRA exemption –
(DIRECT TAXES)
can i cim both HRA exemption by payg rent and ter paid on housg loan which is under construction? ' BY: bharat jhawar No answers yet View Answers | Post Answers |
