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 4681–4700
| Que. Id | Date | Description |
|---|---|---|
| 4420 |
Sep. 20 2006 |
Approval from the National Committee for carrying out an eligible project U/S 35 AC of Income Tax Ac –
(DIRECT TAXES)
What is the procedure to get the approval from the National Committee for an eligible project - the project beg producg energy from bio wasts a non conventional energy - as referred the Section 35AC of the come Tax Act? There are busess groups tered contributg to such projects and the come that is to come out of such projects is to be applid to public charitable trusts engaged the welfare and care of mentally and physically challenged people. The contributg busess groups are tered to get the benefits of deduction U,S 35AC. ' BY: LOGANATHAN No answers yet View Answers | Post Answers |
| 4396 |
Sep. 19 2006 |
income tax on eye hospital regd in 12A –
(DIRECT TAXES)
1whether cim that annual aggregate receipts are less than one crore is mataable u,s 10(23c) 2whether sec 11 regardg accumution of come be applicble. 3 what are the formalties of cimg benifit u,s 10(23)c ' BY: vipin kumar agarwal No answers yet View Answers | Post Answers |
| 4397 |
Sep. 19 2006 |
Failure to obtain 'C' Forms whether liable to pay interest & penalty? –
(VAT/Sales Tax)
Whether failure to obta c forms form parties would liable to pay ter and penalty ? Under CST ACT & H.P.G.S.T. ACT If not, under which sections of CST ACT? WHAT ARE THE RELEVANT DECISIONS OF SUPREME DECISION,HIGH COURT REGARDG NON LIABILITY OF TER AND PENALTY ' BY: Ashok Kumar No answers yet View Answers | Post Answers |
| 4399 |
Sep. 19 2006 |
APGST-2003(F.Y) –
(INDIRECT TAXES)
Whether sale(F.Y 2003) of `manufacturg process of a Pharmaceutical product` treated as sale of GOODS under the APGST? I.e., whether the manufacturg process is trated as Goods under APGST?please crify. ' BY: S. Satyanarayana No answers yet View Answers | Post Answers |
| 4400 |
Sep. 19 2006 |
Liabilty to deduct TDS on Monthly provisions –
(DIRECT TAXES)
Whether the liability to deduct TDS under section 194c and 194J would arise at the time of makg provisions at the month end or at the time of receipt of actual bills. ' BY: Naveen K Jain No answers yet View Answers | Post Answers |
| 4403 |
Sep. 19 2006 |
Admissibility of Interest paid on Building loan in the case of non resident having Pension income in –
(Income From House-Property)
I am a non rent presently workg Saudi Arabia. I have a pension come from my previous employer dia and because of this I have been filg the come Tax urn as well. I have now constructed a house dia and is presently beg occupied by my family. For the construction I had taken a loan from SBI . My query is whether beg a non rent I can cim the benefit of ter paid on this loan ( upto 100 ) and set it off agast the Pension come . ' BY: P.Gopinath No answers yet View Answers | Post Answers |
| 4405 |
Sep. 19 2006 |
Query on Depreciation Rate –
(DIRECT TAXES)
Dear Sir, I have a query regardg Depreciation Rate on commercial vehicle. Facts: - My client is a public ltd co. engaged manufacturg of Cement. The co. has acquired Trucks durg the p,y 2001-02 and put to use before 01.04.2002. These trucks are used for the co.’s own work (i.e. with,out the factory but never given on hired.) The co. is chargg depreciation for the A,Y 2006-07 @ 15% on these Trucks conr that it is covered under pot III (1) of appendix I come tax rule 1962. Quion I) What is the meang of commercial vehicle mention the pot III (3) (vi) of appendix I. Weather it means only those vehicles which are runng on hire or it’s clude those commercial vehicle which is used the assessee busess itself. II) Our case weather we can cim special rate of depreciation i.e. 50% under the pot III (3) (vi). Anticipatg your reply, Thanks Vikas Gupta B.Com. ACA ' BY: vikas Gupta No answers yet View Answers | Post Answers |
| 4381 |
Sep. 18 2006 |
effective date of change of rate of service tax –
(INDIRECT TAXES)
I want to know the exact date of change of rate of service tax from 10% to 12%. ' BY: RAJEEV KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 4389 |
Sep. 18 2006 |
It is possible to convert the existing liason office of a foriegn company –
(INTERNATIONAL BUSINESS)
We have a client havg liason office dia ( delhi), he wants to shift this office to bangalore and have a branch office stead of liason office. Is there any provison for convertg liason office to branch office. If not, should we follow the entire procedure of settg up branch office. ' BY: kumarprasad b e No answers yet View Answers | Post Answers |
| 4392 |
Sep. 18 2006 |
TDS ON FINANCE CHARGES PAID AS EMI –
(DIRECT TAXES)
My client , who is an dividual and whose accounts are to be audited u,s 44AB had paid Fance charges to Companies like Ashok Leynd Fance Ltd. and Sundaram Fance Ltd. for loan availed for purchase of vehicles for use of busess. The Repayments are fixed as EMI or otherwise, (both of which clude ter and prcipal) and post dated cheques had been given to the fancier companies. Please crify whether TDS deduction is compulsory to cim ter,Fance charges the P& L account. 2. Is the repayment is to be reported Form No. 3CD u,s 269 T report column ? My client is of the opion that TDS need not be made as the payment is only Fance Charges and not ter payment. ' BY: S.SRINIVASAN No answers yet View Answers | Post Answers |
| 4395 |
Sep. 18 2006 |
Applicability of 234B & C for MAT –
(DIRECT TAXES)
view of t Supreme Court decision the case of Kwality Biscuits Ltd, reported 243 ITR 519, whether ter U,S 234 B & 234 C are applicable to MAT for the A.Y 2006-07? Please crify. Thankg U advance. ' BY: N.THANGAVEL No answers yet View Answers | Post Answers |
| 4368 |
Sep. 17 2006 |
TURNOVER –
(VAT/Sales Tax)
WHETHER TURNOVER WILL CLUDE VAT OUTPUT TAX FOR PRAPARAION OF TRADG A,C AND PURCHASE WILL CLUDE VAT PUT CREDIT FOR TRADG A,C.OR WE ARE REQUIRED TO SHOW NET PURCAHSE AND SALES TRADG A,C . ' BY: MANOJ KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 4369 |
Sep. 17 2006 |
DISCLOSURE –
(AUDIT)
Is it necessary to disclose while signg tax audit report of a firm beg run by uncle.(fathers brother.)what covers ive under chartered accountants act,1949.can a ca sign tax audit report of a firm of his own brother. ' BY: MANOJ KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 4370 |
Sep. 17 2006 |
new form –
(DIRECT TAXES)
after the troduction of new form no 2 can we file urn from no 2d saral case of assessee havg tax audit.or we have to file urn form no 2only.what will be the implication case of client who are dog busess but are not covered by tax audit. ' BY: MANOJ KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 4374 |
Sep. 17 2006 |
sea ports –
(FINANCIAL MANAGEMENT)
why sea ports are generally formed as trusts and where as air ports are constitutedas authorities? ' BY: santaram No answers yet View Answers | Post Answers |
| 4375 |
Sep. 17 2006 |
VAT liability to a works contractor for his sub-contract work –
(VAT/Sales Tax)
Can a works contractor registered under Andhra Pradesh VAT Act be liable to pay VAT for his sub-contract works done either A.P. or out A.P? ' BY: VENKATA SATYA SRINIVAS KARA No answers yet View Answers | Post Answers |
| 4355 |
Sep. 16 2006 |
Use of Word CA –
(COUNCIL DECISION)
Can member service use the word CA before his name? ' BY: INISH No answers yet View Answers | Post Answers |
| 4360 |
Sep. 16 2006 |
TDS under section 194C –
(DIRECT TAXES)
Whethere supply of water with the term Water Charges by Chennai Metro Water and Sewage Board is subject to tax deduction under section 194C. ' BY: Sukumar No answers yet View Answers | Post Answers |
| 4351 |
Sep. 16 2006 |
Speculative Transactions for Audit U/S 44AB –
(DIRECT TAXES)
Whether the sales under specutive transactions will come under the ceilg limit of 40 khs for the purpose of Audit U,S 44 AB or only the net receipts from specutive transactions will form part of such ceilg limit ' BY: Amitav Lohariwal No answers yet View Answers | Post Answers |
| 4331 |
Sep. 15 2006 |
whether interest from US-64 Bond exempt –
(DIRECT TAXES)
Whether ter earned from US-64 Bond is exempt or taxable and if exempt under which section ' BY: SANDEEP KAPOOR No answers yet View Answers | Post Answers |
