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Top 50 Questions UnAnswered Queries

5987 unanswered question(s) — Showing 4461–4480

Que. Id Date Description
5136 Dec. 07
2006
appointment of lady as karta of huf – (DIRECT TAXES)
Can a widow dy with two mor sons be karta of HUF formed by her te husband . Pls exp with case ws or notification from CBDT if any. '
BY: PARASURAM KUMAR
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5129 Dec. 06
2006
Procedure for registration of finance co. – (CORPORATE & OTHER LAWS)
One of our client(dividual) want to commence the busess of fancg second hand two wheeled vehicles. He want that his charge should be registered on RC book of vehicle as case of banks. Can anybody let me know what are the fomalities, whether RBI is volved the process & what will be the b form of busess (firm, company etc) to adopt? Whether it is required to be registered as NBFC. '
BY: Rajendra Mandhana
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5120 Dec. 05
2006
on commssion how TDS should be deducted. – (INDIRECT TAXES)
Respected Sir, Commission paid to dealer. So TDS should be deducted after Cgargg Service tax on commission or excludg Service tax TDS should be deducted. Thankg You Dekha Prakashchand '
BY: Dekha Prakashchand
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5115 Dec. 05
2006
Audit fees provision in accounts – (AUDIT)
As per accrual concept of accountg whatever services have been received durg the reportg period shall be provided for as expense whether the bills have been raised by the party or not. case of audit fees the services of auditors are generally received after the relevant year end, that is subsequent fancial year, then why do we provide for the audit fee the year itself? '
BY: Madhup Agrawal
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5119 Dec. 05
2006
DIN-3 – (CORPORATE & OTHER LAWS)
ST DATE FOR FILG D-3 '
BY: SEEMA ARORA
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5109 Dec. 04
2006
sales tax liability for duty free shops in International airport – (VAT/Sales Tax)
there is a judgement by Mumbai Sales Tax appelte tribunal on the subject. Pl give details or post copy '
BY: MOHAN KUMAR
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5095 Dec. 02
2006
fees received – (INDIRECT TAXES)
i am helpg people for registration and stampg of their housg aggreemet papers and receivg certa fees from them. wether this receipt will be attract to service tax '
BY: SANDEEP BAPU SALUNKE
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5099 Dec. 02
2006
capital gain – (DIRECT TAXES)
case a person sells agriculture nd with arential house build on it, whether he will be able to cim whole of the sale proceeds as not taxable because agriculture nd is not an asset or he will be liable to tax respect of capital ga on sale of rential house situated on the agriculture nd. Also will the exemption still be avaible if the assessee has not shown any agriculture come his come tax urn the previous years? '
BY: MEENAKSHI KAPOOR
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5100 Dec. 02
2006
AUDITORS REPORT – (CORPORATE & OTHER LAWS)
COMPANIES AUDITORS REPORT RULES '
BY: Sutirtha Tarafder
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5083 Dec. 01
2006
taxability of Conveyance allowance – (DIRECT TAXES)
A Compnay reimburses its employees towards vehicle nance expenses like, Drivers sary, Repairs and nance, Fuel expenses, etc. This amount reimbursed if charged to FBT. If Company also pays Conveyance allowance to the same employees, whether the concerned employee can cim exemption of Rs. 800 p.m. under Rule 2BB of the IT Rules ? '
BY: Ramana Rao C.V.
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5085 Dec. 01
2006
Accounting treatment – (CORPORATE & OTHER LAWS)
if we pay surance of rawrial and fished goods and pay surance premium that is debited to surance premium (stock)if there is any fire or lost and we receive the cim,what is the accountg treatment of receipt,whether trs to surance premium (exp) a,c or other come or trs to raw rial consumed '
BY: SURENDRA PHOPHALIA
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5086 Dec. 01
2006
Time gap between entry in RG23A part1 vs part2 – (Customs & Excise)
when should the quantity register (i.e RG23 Part1) be updated? is it durg the receipt of the goods or ONLY at the time of takg the credit? other words can the stock entered RG23 part one and Part 2 be different for cenvatable goods at a given pot of time?? '
BY: Harishankar
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5091 Dec. 01
2006
Is the consideration paid by a fellow Chartered Accountant for assisting him in his audit taxable? – (Service Tax)
Recently I assisted a friend the conduct of an audit and he has paid me a conration. I attended the work with him, his company and I have not done any attation or certification work the course of the audit. Do I need to clude it my taxable service receipts for the purpose of Service Tax? '
BY: PRAKASH HEGDE N
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5092 Dec. 01
2006
FBT exemption on leased telephone lines – (FBT)
Whether all nd le telephone are exempt from FBT.I mean to say whether nd le telephones are leased telephone le ? '
BY: AMARISH TIWARI
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5068 Nov. 30
2006
JCB Hire Charges – (Service Tax)
One of my client is havg come from JCB hire charges. Whether the charges will come under Service Tax net? If yes, under which category and whether there will be any abatement? kdly reply urgent. '
BY: MAHAVIR OSTWAL
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5074 Nov. 30
2006
Service tax on services provided to 100% EOU – (Service Tax)
Can we charge service tax for services provided to 100% EOU under Software Technology Park scheme ? '
BY: chirag
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5076 Nov. 30
2006
I need guidelines of controller of capital issues for fair valuation of shares of unlisted shares o – (CORPORATE & OTHER LAWS)
Guideles for fair value of shares of controller of capital issues required '
BY: Amul Rangnekar
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5077 Nov. 30
2006
perquisites-(section 17(2) – (Income From Salary)
It is well settled by many case ws that Personal accident surance premium paid by employer is not a perquisite if a)the policy is taken out by employer & not by employee on his own voluntarily b)the benfits will acrue to employee future i.e. contgent.[CIT V Shri Dhar (1972)84 ITR 192,Delhi & P.Newcome v CIT (1962)45 ITR 52,Kera. Query:-What will be the legal position if life surance premium is paid by employer on life policies taken out by employer himself on lives of one or more employee?Note that employee has not himself made proposal to LIC ,it is done by employer himself to protect his buses ter and staff welfare measure. ii)Whether it will be added to sary as perquisite? iii)What will happen if life policy is assigned to employee after 3 to 5 yrs to employee ? '
BY: sunil mehta
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5060 Nov. 29
2006
Draft Instructions -F.No 149/287/2005-TPL – (DIRECT TAXES)
Sir, Supplementary structions (Draft) to Circur No 1827 dated 31.8.1989, to crify distction between shares held as stock trade and shares held as vment-Ts for-.What is t position for the circur. The assessg officer will sist on treatg all comea9 dividend as well as capital gas) as busess come.Has there been any crification this regard. Thanks Charan Dass Sharma '
BY: Charan Dass sharma
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5061 Nov. 29
2006
Treatment of Deferred Tax for 115JB – (DIRECT TAXES)
Suppose we can Profit before Tax whether Deferred tax can be reduced or IF we take profit after tax whether deferred tax should be added.It is only a future tax. what treatment should be given while computg book profit under 115JB '
BY: M.VISWANATHAN
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