Sebi offers a way over FPI tax rule hurdle
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Click here to Post your Query >>5987 unanswered question(s) — Showing 4761–4780
| Que. Id | Date | Description |
|---|---|---|
| 4167 |
Sep. 03 2006 |
disclosure of accounting policies and notes to accounts –
(CORPORATE & OTHER LAWS)
whether the disclosure of accountg policies for eg. such as borrowg cost as 16 and deferred tax as22 be disclosed when the quion of applicablity of such accountg policies did not arise the prepartaion of fiancial statements. for ex. my client a newly corpn pvt. company has not yet commenced buses and has not purchased any fixed assets,, wheteher the accountg for fixed assets the notes to accounts should be disclosed ? also whehter the requirement of schd vi such as value of imported raw rial, energy conservation etc. should be disclosed when there has been no such transactions the company. should be write Nil or can skip that part ? please crify ' BY: guru No answers yet View Answers | Post Answers |
| 4168 |
Sep. 03 2006 |
digital signature for mca21 due date extended? –
(CORPORATE & OTHER LAWS)
for the efilg of company urns the requirement as to digital signature has been extended to 15th sept 2006. However if i tried to submit annual urn without digital signature its givg me an error message that digital signature is not affixed. please crify me as to how to submit urn without digital signature. ' BY: guru No answers yet View Answers | Post Answers |
| 4160 |
Sep. 02 2006 |
Query On FBT –
(FBT)
FACTS ? I am workg public Ltd. Co. engaged manufacturg of Cement. ? Recently my co. unched a new brand, product market. ? We organized function at various locations for unchg of the product. ? These function was organized Hotels and comprise maly followg Exp: - ? Foodg for Gu (clude dealers, Govt. officers, Press) ? Orchra ? Decoration ? Anchorg ? Tent House ? Travelg etc. ? Gift, Article distribute At present such functions are treated as conference and expenses booked under the head Conference Exp. (cludg travelg) and we are payg FBT under sec 115WB(2) (C). Query 1. What is the meang of Busess Convention mention Sec, 115WB(2)(D) 2. Whether organize function for unchg of New product is cover under conference or it should be treated as Busess Convention mention sec 115WB (D) 3. If it is covered under busess convention, what will be the treatment of Travelg exp. Whether it should be ' BY: vikas Gupta No answers yet View Answers | Post Answers |
| 4165 |
Sep. 02 2006 |
DISALLOWANCE U/S 40(A) –
(DIRECT TAXES)
Fabrication charges paid for fabrication of mache with out deduction of tax. The expenses are capitalisied. Whether expesnes are to be disallowed u,s 40(a).Whether depreciation of fabrication charges will be allowed.Whether required to be reported Form 3CD. ' BY: ravindra shah No answers yet View Answers | Post Answers |
| 4135 |
Sep. 01 2006 |
Additional Depriciation on fixed assetes of BPO And softwere development Compnires –
(DIRECT TAXES)
Wether Bpo Co. and Softwere devlopment Co,s ontract basis are entitled to additional Depriciation or not as nguage of act says that assesse must be engaged the manufacture or production,manufacturg ? ' BY: KAILASH CHAND GOYAL No answers yet View Answers | Post Answers |
| 4148 |
Sep. 01 2006 |
Cost Inflation Index for FY 06-07 –
(DIRECT TAXES)
Dear all, Has the cost ftion dex been anounced for the Fancial Year 2006-07, if its announced so can some one let me know? Thanx ' BY: Rajesh S No answers yet View Answers | Post Answers |
| 4150 |
Sep. 01 2006 |
creation of huf –
(DIRECT TAXES)
can huf be formed with nucleus of gifts received at the time of marriage exclusively for the newly constituted family ' BY: h.radhaswamy No answers yet View Answers | Post Answers |
| 4152 |
Sep. 01 2006 |
Change of Business Location - is it required to apply of New ST No. –
(Service Tax)
ABC Enterprises, a Chennai based technical consultants, regd. under Service Tax Chennai is pnng to shift its busess location from Chennai to Bangalore. Is it required to apply for New ST Regn. Bangaore Or can it contue the existg ST No. and remit the Service Tax and submit the urns Bangalore, if so what is the procedure to follow ? ' BY: Mallikarjunaiah No answers yet View Answers | Post Answers |
| 4156 |
Sep. 01 2006 |
VAT on sale of old plant & machinery –
(VAT/Sales Tax)
A company wants to sell its old pnt & machery, it was purchased sales tax regieme after payg 4% CST agst form-C, whether VAT is payable on the sale proceeds of such Pnt & machery? ' BY: SANJIT KUMAR No answers yet View Answers | Post Answers |
| 4109 |
Aug. 29 2006 |
Additional Depreciation on Weighing Scale –
(DIRECT TAXES)
Durg the fancial year 2005-06, Company acquired and stalled two nos of weighg scale. My query is whether these weighg sacles are part of Eligible Pnt and Machery entitled for additional depreciation . Thanks and regards ' BY: CA Rajesh Kumar No answers yet View Answers | Post Answers |
| 4110 |
Aug. 29 2006 |
FBT on service tax component? –
(FBT)
Is FBT payable on the Service Tax component of an expenditure? say, Service Tax component of a telephone bill? If a service provider cims credit for service tax, he may account service tax paid separately and not clude this component the telephone charges and so may be liable to lesser FBT? If the assessee is not a service provider, can he account the service tax separately as a separate expenditure and pay lesser FBT? ' BY: V.Krishnan No answers yet View Answers | Post Answers |
| 4115 |
Aug. 29 2006 |
Taxabllity of Salary earned outside India –
(DIRECT TAXES)
One of my client was transferred to New Zeand from dia the month of October 2005 and has earned sary there. What will be his tax liability dia. Before beg tfd to New Zeand he was residg dia and this is his first visit out dia. ' BY: SANTOSH KUMAR MOHTA No answers yet View Answers | Post Answers |
| 4116 |
Aug. 29 2006 |
WHAT WILL BE THE TREATMENT FOR PRE-OPERATIVE EXPENSES IN ACCOUNTS? –
(AUDIT)
WHAT WILL BE THE TREATMENT OF PRE-OPERATIVE EXPENSES ACCOUNTS?ON WHAT BASIS THE COST OF EXPENDITURE WILL BE ALLOCATED ?WHAT KD OF EXEPNSES CAN BE TREATED AS PRE-OPERATIVE EXPENSE?IS THERE ANY REFERENCE RIAL WHICH I CAN REFER REGARDG THIS? ' BY: ANUJ BHATIA No answers yet View Answers | Post Answers |
| 4118 |
Aug. 29 2006 |
COnducting Agrements –
(Service Tax)
Is Service Tax Applicable on Conductg Agreements? & is yes under which section? Conductg Agreements: Agreements held between Big Malls & A Shop the mall(e.g. Crossroad, R Mall) ' BY: Dipali No answers yet View Answers | Post Answers |
| 4120 |
Aug. 29 2006 |
TDS ON SALARIES –
(DIRECT TAXES)
An employee has paid Rs.70 as advance tax agast his net come of Rs.400000 which cludes sary of Rs.300000. Should the employer totally ignore this advance tax or conr it for calcutg tax to be deducted at sources from the persons sary? ' BY: Sachindr Sharma No answers yet View Answers | Post Answers |
| 4125 |
Aug. 29 2006 |
claim of capital gains exemption by wife by constructing house on plot belonging to husband –
(Capital Gains)
An assessee sold her nd and ved construction of rential house on plot of nd belongg to husband. Construction permission and other papers are the name of husband. Whether wife can cim exemption u,s 54F?Are there any decided case ws for the above. ' BY: Bajaj Uttam Badrinarayan No answers yet View Answers | Post Answers |
| 4100 |
Aug. 28 2006 |
NRI –
(DIRECT TAXES)
One Dr. is employment Arabia for the st two years. Every year he used to be dia for less than 60 days only. This year he wants to urned to dia resigng his job there to settle permenantly dia. When should he urn to dia which will help him to get his come earned out dia un taxed? ' BY: S.NATARAJAN No answers yet View Answers | Post Answers |
| 4102 |
Aug. 28 2006 |
Applicability of Service Tax for Tyre Retreading –
(INDIRECT TAXES)
Respected sir, I would like to you the followg naure of Service will come under Service perview? The process of Tyre readg Process will come under the category of Management Repairs and nece category. For Example: ABC Ltd is dog the readg of old Tyres, for which it has purchased Rubber and other rial, it has been raised voice for total amount.No separate up for rial portion and bour charges. The company is payg Sales Tax,VAT on the total voice value at the rate prescribed by the sales tax,VAT Dept. The readg process is on dividual basis only and there is no any written agreement. i.e Lorry ownerswill come directly and they may not be come aga. The rial cost is 75% to 80% of total value of voice. please adie this will come under taxble service under the catagery of Management , Repairs and nance thankg you ' BY: S. V R No answers yet View Answers | Post Answers |
| 4103 |
Aug. 28 2006 |
TDS related query –
(DIRECT TAXES)
dear all members, i am sendg herewith one of my query ed to TDS , i hope u will be able to sort it out easily. one of my client exportg and he is gettg custom house agent (CHA) debit note ,whereby component of costs are ocean freight (from dian port to foriegn country port), LTCH(Local termal handlg charges) and BL Chg(Doc Chg). The exporter has to pay cheque of Ocean frieght and LTHC(cl Service tax on this only) directly to the shippg company and BL Charges alongwith servicetax thereon to the concerned CHA. Now my query is on which part,s of payments, TDS will be decucted and under which section! Tkanks anticipation. regards sunil hansaria ' BY: sunil hansaria No answers yet View Answers | Post Answers |
| 4106 |
Aug. 28 2006 |
Meaning of Relative –
(DIRECT TAXES)
Dear eemed members, I would like to know that the son, daughter of the brother(i.e. Bhatija, Bhatiji) of the assessee is covererd under the defition of the realtive as per come Tax Act, 1961 Thanks & regards, Om Prakash Yadav Delhi ' BY: OM PRAKASH YADAV No answers yet View Answers | Post Answers |
