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 4821–4840
| Que. Id | Date | Description |
|---|---|---|
| 3970 |
Aug. 19 2006 |
Service tax on Rent of business property –
(Service Tax)
my client own office his name which is given for busess purpose on rent to the firm,company where he himself is partner,Director with others.Is there any liability of service tax either to firm,company or owner.If yes under which head? ' BY: Ashok Kantilal Shah No answers yet View Answers | Post Answers |
| 3972 |
Aug. 19 2006 |
tds problem –
(DIRECT TAXES)
if the amount is 100 and service tax is 12.24 . so the tax is liable to deduct as tds on 112.24 or first tax to be deducted on 100 and thereafter the payant is to be made cludg service tax(for eg. 100-5.61=94.39 and plus 12.24% please sugg thanx ' BY: Vishnu Dutt Sharma No answers yet View Answers | Post Answers |
| 3982 |
Aug. 19 2006 |
AS-7 –
(AUDIT)
AS per AS-7, Only % Completion method is allowed. IF we have made a payment 40% of Total Project Cost upto 31st March. But actual on 31st March 50% of the work is completed.If we take 50% as completion as on 31st March. What will the treatment of Bal. 10% Cost and also TDS ? ' BY: CA. Sanjeev Mittal No answers yet View Answers | Post Answers |
| 3946 |
Aug. 18 2006 |
Concurrent audit of Bnaks –
(AUDIT)
Are we permitted to approach nationalised banks for concurrent audit ? is it s Code of conduct and Professional Ethics ? Mohamed Shafi mashafica@yahoo.co. ' BY: Mohamed Shafi No answers yet View Answers | Post Answers |
| 3951 |
Aug. 18 2006 |
can any one forward me case laws related to the household withdrwals –
(DIRECT TAXES)
pl forward to me case ws detais ed to household withdrwals ' BY: Dhiren M dobariya No answers yet View Answers | Post Answers |
| 3955 |
Aug. 18 2006 |
Payment to Contracted Teachers falls u/s 194C or 194J –
(DIRECT TAXES)
Tution Centre makg payment to Teachers for takg csses for Post Graduate Students M.Sc..There is no employer employee ionship exist between the Teachers.Under which Section TDS to be deducted. with regards, SONY C.L ' BY: SONY C.L No answers yet View Answers | Post Answers |
| 3958 |
Aug. 18 2006 |
gift received by HUF –
(DIRECT TAXES)
Can my HUF recieve gift from i) my father and , or ii)from a HUF of which my father is the Karta ' BY: umesh barasia No answers yet View Answers | Post Answers |
| 3960 |
Aug. 18 2006 |
Discontinuation of Trust –
(DIRECT TAXES)
If Any trust wants to discontue from its whole activity then what are the procedure of discontuation as per I.T Act1961. ' BY: R.CJain No answers yet View Answers | Post Answers |
| 3961 |
Aug. 18 2006 |
section 43B –
(DIRECT TAXES)
Under the above section any sum payable by way of tax duty etc should be allowed on cash basis. A company keep its books of entries under accrual basis, but the liability for Service Tax arises on receipt basis i.e. cash basis. so for the purpose of IT act which amount unpaid will be disallowed? 1) the unpaid amount accordg to the Books of accounts of the company or, 2) the unpaid amount accordg to actual liability as per cash basis. ' BY: JOYDEEP DUTTA No answers yet View Answers | Post Answers |
| 3964 |
Aug. 18 2006 |
Reimbursement of Medical expenses –
(DIRECT TAXES)
sir,please crify whether expenses debited by partnership firm his profit and account on account of reimbursement of Medical Expenses curred by one of the partner is an allowable Busess expenditure under come Tax Act or Not. ' BY: Anand Harnathka No answers yet View Answers | Post Answers |
| 3965 |
Aug. 18 2006 |
Income from trust –
(DIRECT TAXES)
Dear Colleagues, An animal welfare trust Bangalore registered under Sec 12A has opened a new clic some other location Bangalore. Now the activity carried on the new clic is the same as the ma objects.i.e. animal welfare.For the amounts collected Donation receipts are issued. Separate set of books and Bank Accounts are also mataned. My quion is whether this activity is a charitable activity or or a busess activity? I have been advisg that, sce all these activities are cidental to the attament of ma objects and hence are exempt from tax. Whether my contention is correct? please enlighten me. with regards from ashok ' BY: b ashok No answers yet View Answers | Post Answers |
| 3936 |
Aug. 17 2006 |
CREDIT ON SERVICE TAX –
(Service Tax)
ASSESSEE IS ENGAGED HOTEL DUSTRY WISH TO KNOW WHETHER THE SERVICE TAX PAID BY IT CAN BE SET OFF AGAST THE SERVICE TAX PAYBLE TO TRESAURY ?AND IF CAN THEN WHAT IS THE PROCEDURE & CIRCUMSTANCES. ' BY: Pradip Kumar Sahoo No answers yet View Answers | Post Answers |
| 3939 |
Aug. 17 2006 |
whether bonus shares issued out of revaluation res amounts to income –
(DIRECT TAXES)
a public limited company is revalug its nd by creatg the revaluation reserve, turn as per the new supreme Court judgement the revaluation reserve is capitalised and bonus share is issued, whether this amounts to deemed come ' BY: sampath kumar E.M. No answers yet View Answers | Post Answers |
| 3943 |
Aug. 17 2006 |
penalty u/s 271(1)(c) –
(DIRECT TAXES)
whether disallowance of expenses can be equated with concealment of come. and as a result of which penalty u,s 271(1)(c) can be levied? pl. give answer with ref. of judgements.. siddharth gandhi ' BY: siddharth gandhi No answers yet View Answers | Post Answers |
| 3917 |
Aug. 16 2006 |
TDS issues –
(DIRECT TAXES)
Is an advertisg agency is liable to deduct TDS when it makes payment to media i.e. both prt media & electronic media. ' BY: Vinay Goggi No answers yet View Answers | Post Answers |
| 3918 |
Aug. 16 2006 |
Time limit for payment of money by the subscribers to the memorandum at the time of incorporation of –
(CORPORATE & OTHER LAWS)
What is the time limit for the payment of money agreed to be paid by the subscribers to the MOA & AOA at the time of corporation of the company and what is the time limit for pickg up limit of paid up capital for a private limited company upto Rs. 1 kh after the corporation thereof. Please reply with suitable references, if any avaible. Thank you ' BY: Sunil Garg No answers yet View Answers | Post Answers |
| 3919 |
Aug. 16 2006 |
FORM NO 3CD- CERTIFICATION OF FBT BY TAX AUDITOR-ANY CHANGES IN FORM NO 3CD AS OF NOW? –
(DIRECT TAXES)
Dear Sirs, My quion is whether to corprate this certification form No 3CD has been amended as of now? The article aslo states that there has been more disclosures required to be made form No 3cd from Now...My quion is while dischargg the att function as TAX AUDITOR For A Y 2006-2007 (FY 2005-2006), are we supposed to sign Form No 3CD (OLD) or AMENDED (NEW)? IF it is to be the new one, then what will be the position respect of Form No 3CD already signed as per the exisitg Form? the view of above Development are we supposed tol rar ourselves from sigg any Report as a TAX AUDITOR till New Form No 3CD is notified respect of A Y 2006-2007(FY 2005-2006)? Kdly crify the situation. Thankg you anticipation ' BY: NILAY RAJNIKANT WANKAWALA No answers yet View Answers | Post Answers |
| 3921 |
Aug. 16 2006 |
APPLICABLITY OF TDS IF PAYMENT MADE THROUGH NRO ACCOUNT –
(DIRECT TAXES)
Date : 16,08,2006 Q. If the dian Company is makg the Payment as professional services to the foreign party. The payment of Say $ 20,- Converted to dian rupees and transfer his NRO account that case what TDS rate will be applicable. And if the amount transfers his NRO Account, that case the foreign remittance certificate required or not. If foreign remittance certificate required then what TDS Rate will be applicable. Please advice and also give reference of supportg. ' BY: rcjain No answers yet View Answers | Post Answers |
| 3925 |
Aug. 16 2006 |
Maximum No. of Tax Audit Assignments –
(AUDIT)
Pl. refer Appendix VII(para 9.15) of Guidance Note on TAx Audit under section 44AB of the I.T.Act, 1961 (Revised 2005 Edition) of ICAI. It is understood that the quion of conductg the maximum Number of Tax Audit assignments is kept for disposal by the Supreme Court. The present status of this case may be known to us by any person, the help of which is much appreciated. ' BY: r.ravichandran No answers yet View Answers | Post Answers |
| 3934 |
Aug. 16 2006 |
Date of payment of income tax –
(DIRECT TAXES)
Whether date of depositg cheque along with come tax chaln is payment date or actual clearg date of cheque ? ' BY: santosh b. garud No answers yet View Answers | Post Answers |
