Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5987 unanswered question(s) — Showing 4621–4640
| Que. Id | Date | Description |
|---|---|---|
| 4637 |
Oct. 07 2006 |
TDS-U/s 194I –
(TDS/TCS)
What is cluded under Rent defation Section 194I? Mache hire charges paid on the basis of Hours of mache operated , is tds is deductable under section 194I? No nance charges or other charges paid? ' BY: kuldeep jain No answers yet View Answers | Post Answers |
| 4638 |
Oct. 07 2006 |
service tax collection –
(Service Tax)
A share sub broker has taken service tax registeration even though his turnover is below 4 khs. the service tax collected on brokerage is reimbursed by the ma broker on submission of tax paid chaln. 1)Whether it is possible for him not to collect tax on brokerage & consequently cim no reimbursemet as his turnover is below 4 khs or 2)whether he has to collect tax and ter take reimbursement sce he has already taken service tax registration. 3) case 1st option is possible whether he has to file run st3 ' BY: guru No answers yet View Answers | Post Answers |
| 4642 |
Oct. 07 2006 |
Deferment of VAT - Section 43B –
(Profits & Gains of Business & Profession)
Dear friends, One of our clients are enjoyg VAT deferment and the client has to pay the VAT collected after certa period from the current year. As the VAT collect is not beg paid the current year or for that matter not before the due date of urn, whether the deferment of VAT, which will be paid to the government after some years, will hit Section 43B and liable for disallowance ? Kdly crify. ' BY: Kacham Shekhar No answers yet View Answers | Post Answers |
| 4644 |
Oct. 07 2006 |
Is FBT payable on Petrol expenditure of 2 wheeler? –
(FBT)
The partners of the firm use 2 wheelers exclusively for the busess purposes.Does the petrol expenditure come with the purview of FBT? Also exp the tax consequences if one out of two vehicles is the name of the partner. ' BY: Atul No answers yet View Answers | Post Answers |
| 4622 |
Oct. 06 2006 |
Surcharge on FBT on RRB –
(DIRECT TAXES)
Whether surcherge is applicable on payment of FBT by Regional Rural Bank ( Co- Operative Society as per come Tax Act.) ' BY: PRAMOD KUMAR LAHOTY No answers yet View Answers | Post Answers |
| 4628 |
Oct. 06 2006 |
Accounting for self constructed assets –
(AUDIT)
The contract was awarded for costruction buildg. The time period was specified but contractor falied to compelete the work stiputed time. The time extended but penality of Rs.100 levied.This amount of penality credited to the cost of construction of the buildg by the contractee. please crify as to the accountg of the recovery of penalty is consonance of accountg standard. Also ti what should be the accountg treatment this case for transaction under hand ' BY: keshav datt No answers yet View Answers | Post Answers |
| 4629 |
Oct. 06 2006 |
Set off of unabsorbed business & depreciation lossess with the Short Term Capital Gain –
(DIRECT TAXES)
Q . Can un absorbed depreciation be set off agast short term capital ga ? Q. Can busess be set off agast short term capital ga ? ' BY: rcjain No answers yet View Answers | Post Answers |
| 4609 |
Oct. 05 2006 |
Exempption U/s 54 –
(DIRECT TAXES)
An assessee aged about 80 year almost bed ridden owns a ft Pune, he want to sale the ft, the long term capital ga arisg out of the sale 1) if can be ved to extend the house of son if he do not want to purchase , construct a another new house. 2) What document would require from his son for such permission. 3) any another option. ' BY: Ullhas Mandhane No answers yet View Answers | Post Answers |
| 4610 |
Oct. 05 2006 |
WILL SERVICE TAX BE COLLECTED ON ADVANCE RECEIVED FROM THE CUSTOMER, NO INVOICE GENERATION, NO SERVI –
(Service Tax)
WILL SERVICE TAX BE COLLECTED ON ADVANCE RECEIVED FROM THE CUSTOMER, NO VOICE GENERATION, NO SERVICE RENDERED? IF YES, WHAT WOULD HAPPEN CASE OF CONTRACT NOT BEG HONOURED-NO SERVICES ARE RENDERED, AMT REFUNDED TO THE CUSTOMER WOULD BE EXCLUDG SERVICE TAX ? ' BY: RITU GOYAL No answers yet View Answers | Post Answers |
| 4612 |
Oct. 05 2006 |
44AB AUDIT REPORT, POINT 17(h) –
(DIRECT TAXES)
Form 3CD, pot 17(h), auditor has to obta a certificate from the assessee whether payment were made by account payeecheque,draft. As per section 40A(3) for the asst.year06-07, the requirment is only by a crossed cheque,draft. How to report this form3CD 17(h). please comment. ' BY: C.DHANABAL No answers yet View Answers | Post Answers |
| 4614 |
Oct. 05 2006 |
Clearence of final product from the place of removal –
(Service Tax)
Dear sirs whether under the below mentioned cuse of Cenvat credit rules clearance of fal product from the pce of removal will cover outward freight from pce of removal and how ? ' BY: PRAVIN KUMAR SAHARIA No answers yet View Answers | Post Answers |
| 4617 |
Oct. 05 2006 |
TAXABILITY OF GIFT –
(DIRECT TAXES)
The donor Mr. X had gifted a sum of Rs. 4.51 cs to the donee by was of cash and no gift deed was executed (A.Y. 2003-04). Though the source of funds avaible with the donor for the purpose of gift was well exped, still the A. O. has treated the gift received by the donee as her unexped come and added to come. The C.I.T. Appeal has also doubted the genueness of gift the absence of gift deed, however he is agreeable that the source of funds avaible with the donor is well exped, but still he is not cled to delete the addition the absence of execution of gift deed. If any decision of high court regardg non mandatory requirement of gift deed can be cited, the case can still be decided favour of poor assessee. ' BY: Sanjeev Kumar Jain No answers yet View Answers | Post Answers |
| 4618 |
Oct. 05 2006 |
service tax on interest –
(Service Tax)
Whether ST is leviable on ter by Banks? ' BY: Kishan L.Agarwal No answers yet View Answers | Post Answers |
| 4608 |
Oct. 04 2006 |
TDS wrongly deposited –
(TDS/TCS)
Dear members, one of my client is director two private limited companies at same address. By mistake, he deposited the TDS of one company the name of another company with TAN no. of that another company. It was a huge amount. Can anybody tell me what shall be the remedy avaible this regard ? ' BY: CA.Tarun Maheshwari No answers yet View Answers | Post Answers |
| 4594 |
Oct. 04 2006 |
Treatment of capital gains and interest on compulsory acquisition of land received after 20 year. –
(DIRECT TAXES)
what treatement of compensation received with ter on compusry acquisition of nd after 20 years ter? this case the assets is long term assets and compensation amount Rs. 20 kh and ter amount Rs. 40 kh. what treatment on compensation amount and ter amount as per come tax act.? ' BY: Neeru Gupta No answers yet View Answers | Post Answers |
| 4595 |
Oct. 04 2006 |
AGM - Pvt. Ltd Co. –
(CORPORATE & OTHER LAWS)
Wheather AGM of a Pvt. Ltd. Co. can be held out dia? ' BY: S.Ponsingh Johnson Mathuram No answers yet View Answers | Post Answers |
| 4604 |
Oct. 04 2006 |
Interest for delay payment of service tax –
(Service Tax)
What is the ter rate for dey payment of service tax ' BY: Surbhi Jain No answers yet View Answers | Post Answers |
| 4579 |
Oct. 03 2006 |
Capital gain on sale of Land –
(DIRECT TAXES)
The assessee has purchases nd without right to sale from B on 31.03.1997 for Rs 4,50,000. On 25.06.2004 he aquired right to sale also for Rs 1,00,000.00 He sold nd on 25.11.2004 for 7,00,000.So whether right purchased by the assessee on sale of nd would come under short term capital ga,long term capital ga?Also what would be the date of dezxation and calcution of sale price. ' BY: Ritesh Garodia No answers yet View Answers | Post Answers |
| 4580 |
Oct. 03 2006 |
TDS on Mobile bills/ Power bills –
(DIRECT TAXES)
Q1. Is TDS applicable on mobile bills, nd le telephone bills, beg contracted services nature? Q2. the move of privatisation, Power Supply work has been transferred from Government Boards constituted under special Acts, to Limited Companies. Now the changed scienerio, are the users of power supply liable to do TDS on such power bills of huge amount, beg contractual services? ' BY: Gopal Garg No answers yet View Answers | Post Answers |
| 4581 |
Oct. 03 2006 |
FBT –
(DIRECT TAXES)
Dear prof Collegues, My client has a delivery van which is used specifically to transport his manufatured goods from his factory to the premises of his customers. Will he be liable on the runng, nence and the depn thereof on this vehicle? ' BY: CA Amit Sharma No answers yet View Answers | Post Answers |
