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 >>5987 unanswered question(s) — Showing 4521–4540
| Que. Id | Date | Description |
|---|---|---|
| 4934 |
Nov. 14 2006 |
TDS RETURN –
(TDS/TCS)
1. IF A COMPANY IS ORPORATED THE MONTH OF MAY,2006. 2. THE COMPANY HAS APPLIED & ALLLOTED TAN NO. 3. IS IT NECESSARY TO FILE NIL URN OF TDS EVEN IF NO TAX HAS BEEN DEDUCTED , PAID 4. COMPANY HAS RECEIVED LETTER FROM NSDL FOR AS TO WHY THE COMPANY HAS SO FAR NOT FILED THE TDS URN U,S 200(3) ' BY: LAXMI N. MITTAL No answers yet View Answers | Post Answers |
| 4939 |
Nov. 14 2006 |
DEALING IN FUTURES AND OPTIONS –
(Capital Gains)
1.WHETHER COME FROM DEALG FUTURE,OPTION N TRA DAY TRADG IS TO BE DECRED UNDER BUSESS HEAD OR CAPITAL GAAS. 2.IF BUSESS COME THEN WHAT IS THE TURNOVER FOR TAX AUDIT WHETHER COME OR . OR TOTAL TRANSACTION VALUE. 3.ASSESSEE DEALS SHARES ON SHORTERM N LONGTERM BASIS AAS WELL TRADAY N DERAVATIVES(FUTUR,OPTIONS).WHAT WOULD BE THE HEAD OF COMES. ' BY: Sumit Bajaj No answers yet View Answers | Post Answers |
| 4944 |
Nov. 14 2006 |
Accounting Standard - 21 –
(AUDIT)
Whether the ter-Group Transactions would be elid from the date of aquirg holdg ter or for the full year ( case of Aquirg the holdg ter the mid year)? ' BY: Gourav Gupta No answers yet View Answers | Post Answers |
| 4945 |
Nov. 14 2006 |
194C –
(DIRECT TAXES)
Dear Professional Whether contract for supply of rial,is liable for deduction of TDS under section 164C? Please give answer supported by some fact. ' BY: Gourav Kumar No answers yet View Answers | Post Answers |
| 4946 |
Nov. 14 2006 |
Accounting St-21 –
(AUDIT)
Case of acqurg holdg ter the Subsidiary Co. between the Fancial year: Whether Consolidation of Revenue & Expenses should be done on Le-to-le basis for the whole year or it should be only of transaction ed to post acqusition period. ' BY: Sukhbir Singh No answers yet View Answers | Post Answers |
| 4924 |
Nov. 13 2006 |
need informatio on taxation course –
(DIRECT TAXES)
hi frnds!! i want to pursue further study Direct taxation field so as to become a tax expert.If anyone knows about ed course or certification, please tell.Is there any benefit of dog PD course of tax management which ICAI offers?? ' BY: suhani No answers yet View Answers | Post Answers |
| 4927 |
Nov. 13 2006 |
TDS on Rent,Parking Charges and Maintenance Charges –
(DIRECT TAXES)
The Assessee enters to a Composite agreement for1.Rent on Ft,2Rent for parkg Charges 3. nance charges for common areas such as lift,common facilities,areas which are part etc. While calcutg the TDS ,whether all the three are to be cluded for computation of TDS.Sce Rent is an clusive defition as defed U,s.194 I,is it necessary to clud all. Rent is beg paid for use of the items referred 194 I.The assessee is usg Ft,Parkg and common Areas which are clearly defed 194 I.pl crify.But as per one more view, nance charges is paid for matag the common areas ,and eventhough it is cluded the agreement it is beg paid for matag the common premises and not the property which has ben taken for rent.Hence it is not rent.Which is the correct view. ' BY: k.nagarajan No answers yet View Answers | Post Answers |
| 4919 |
Nov. 12 2006 |
Allowability of unrealised rent of earlier years –
(Income From House-Property)
Assesse is an dividual let out a property at a monthly rent of Rs. 45,000,-.Durg the previous year 05-06 he could not realised the full rent. The rental deposit was adjusted agast the rent for the previous year 04-05.The tenant neither vacated the property nor paid rent till to date(nov 2006). What is taxability of come from house propety for the py 05-06 and 06-07 ? If assesse offers come based on Fair expected rent for the previous 05-06 and 06-07, can he get deduction of unrealised rent for the year 05-06,and 06-07 the subsequent Assessment years, if assesse vacates subseqnet years ? ' BY: Raja Sekhar No answers yet View Answers | Post Answers |
| 4914 |
Nov. 11 2006 |
Rate of tax on fabrics and laminated fabrics –
(VAT/Sales Tax)
I am not able to get the copy of recent notification changg rates for Fabrics d with foam. Earlier these were cluded Fabrics and are tax free. Kdly let me know the t taxability ' BY: MANOJ JAIN No answers yet View Answers | Post Answers |
| 4915 |
Nov. 11 2006 |
TDS ON HIRING VEHICLE –
(DIRECT TAXES)
WHAT SHALL BE THE ELIGIBLE AMOUNT FOR TDS U,S 194I WHERE THE AGREEMENT CLEARLY SEPRATED PAYMENTS FOR RENT & DIESEL AND WE ARE HAVG TWO BILLS ONE FOR DIESEL AND ANOTHER FOR RENT BUT THE PAYMENT IS BEG MADE TO SAME PERSON. AND WHAT IF WE ARE PAYG FOR VEHICLE HIRE CHARGES ON K.M. BASIS NOT A FIXED MONTHLY SUM? ' BY: Manish Agrawal No answers yet View Answers | Post Answers |
| 4907 |
Nov. 10 2006 |
exemption limit of Rs.4lacs –
(Service Tax)
There is an exemption limit upto Rs.4cs for small scale service providers. If a rge manufacturg concern havg a turnover around Rs.5 crores,is renderg taxable service(say around Rs.2-3 cs)bes manufacturg, whether such company is liable to pay service tax or can it cim exemption from payg service tax? ' BY: Sowmya B S No answers yet View Answers | Post Answers |
| 4912 |
Nov. 10 2006 |
T.D.S. on technical fees payable to foreign company by B.P.O. established in 100 % Tax Free S.E.Z. –
(INDIRECT TAXES)
Whether a BPO Setup SEZ , and 100 % come Tax free for 10 years, are liable to deduct tax at source oon technical fees payable toa foreiign company ? If yes at what rate ? if no, under whcih section ? or what to do for exeption ? ' BY: Laxman Sundesha No answers yet View Answers | Post Answers |
| 4896 |
Nov. 09 2006 |
NEW PCC . –
(COUNCIL DECISION)
Respected Sir,madam, One of my friend has completed one of the groups of PE-II and has also completed 250 hrs of CCT. Whether he has to comply with the new CPT 100 hrs formation technology course if he swithes over to PCC. He is workg Chartered Accountant firm as an audit assistant . Whether he will be given exemption of 8:6 for article ship under the new scheme and what is proof that he has to comply with and whether it is necessary to register with the stitute at the time of jog as audit assistant as he is workg the CA firm before this new provision was enacted? kdly help the above matter. ' BY: PHANINDRA SIMHA .A.H. No answers yet View Answers | Post Answers |
| 4898 |
Nov. 09 2006 |
DIVIDEND PAYABLE ON PREFERENCE SHARE CAPITAL –
(MISC.)
IS IT NECESSARY FOR COMPANY TO PROVIDE FOR DIVIDEND PAYABLE ON CUMUTIVE PREFERENCE SHARE CAPITAL, IF COMPANY IS NOT GOG TO PAY,PROVIDE FOR ANY EQUITY DIVIDEND. WHETHER IT WILL BE ENOUGH IF SUCH PREFERENCE DIVIDEND IS DISCLOSED AS CONTGENT LIABILITY STEAD OF PROVIDG BOOKS. ' BY: HITESH SHAH No answers yet View Answers | Post Answers |
| 4904 |
Nov. 09 2006 |
AMT WITHDRAWN FROM PPF A/C –
(DIRECT TAXES)
X, AN ASSESSEE HAS 11 YEARRS OLD PPF A,C.X WANTS TO WITHDRAW SOME CASH FROM THAT PPF A,C. 1)THE AMOUNT WITHDRAWN FROM THAT A,C WILL ATTRACT ANY TAX LIABILITY? 2) AFTER SOME TIME, SAY 1 MONTH GAP IF X DEPOSIT SOME AMT. AGA THAT A,C WILL ELIGIBLE FOR DED. U,S 80C? ' BY: NITIN AGGARWAL No answers yet View Answers | Post Answers |
| 4905 |
Nov. 09 2006 |
Interest on House property - paid to Blood relatives- Section 24 –
(DIRECT TAXES)
Will the benefit of section 24(b) be allowed where housg loan was taken from a blood ive (not engaged full time busess of lendg) and ter is paid on the loan amount. The ter rate is equal to the rate with SBI charges for its home loans. Can the assessee cim benefit for the prcipal repaid under section 80C. ' BY: S. Sharad Chandran No answers yet View Answers | Post Answers |
| 4880 |
Nov. 08 2006 |
Set off of Unabsorbed depreciation for Section 10A Company –
(DIRECT TAXES)
respect of 10A Compaies unabsorbed depn pertag to AY 2001-02 or thereafter can be carried forward and set off computg the total come. My query is whether such set off is allowed durg the tax holiday period or only after completg the tax holiday period (10 years). As per section 10A(6) the set off is allowed only respect of AY succeedg the tax holiday period and subsequent years. Your views please. ' BY: P. CHANDRASEKARAN No answers yet View Answers | Post Answers |
| 4885 |
Nov. 08 2006 |
IS SERVICE TAX APPLICABLE ON VASTU CONSULTANCY? –
(Service Tax)
IS SERVICE TAX APPLICABLE ON VASTU CONSULTANCY? ' BY: sudhir k jaju No answers yet View Answers | Post Answers |
| 4893 |
Nov. 08 2006 |
LEAVE TRAVEL CONCESSION –
(DIRECT TAXES)
As per the provisions of Section 10(5), exemption of LTA is based upon actual expenditure curred on jouney and exemption is strictly limited to expenses on air fare,rail fare,bus fare only. view of the above whether bill of taxi allowed or not. ' BY: ANIL KUMAR No answers yet View Answers | Post Answers |
| 4894 |
Nov. 08 2006 |
Exemption of Import Duty –
(Customs & Excise)
Sir, Is exemption from Import Duty avaible, if an Embroidary Mache is imported from Cha by a Firm havg Export License ? Is it necessary to export this mache ? If yes, is there any time limit? What are the consequences if it is not exported? ' BY: Hitesh No answers yet View Answers | Post Answers |
