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Click here to Post your Query >>5983 unanswered question(s) — Showing 5381–5400
| Que. Id | Date | Description |
|---|---|---|
| 2152 |
Mar. 22 2006 |
Short deduction of TDS –
(DIRECT TAXES)
dear frends the rate for tds have been changed for cos,frim....etc for the F.Y 2005-2006.my Qs is 1. whether short deduction of TDS say @5.10% stead of @5.61% as the case of professional would be liable for disallowance u,s 40(a)(ia)? 2.even though the TDS @5.10% is coorectly deducted and paid on time. 3.if the diferial amount is deducted and paid march or april as the case may be..what it would have on TDS un which are filled Quarterly.. ' BY: kalpesh No answers yet View Answers | Post Answers |
| 2125 |
Mar. 21 2006 |
TDS RETURN –
(DIRECT TAXES)
WE HAVE WRONGLY DEDUCTED AND DEPOSITED TDS OF ONE OF OUR VENDORS.WE HAVE FILED OUR QTRLY.URN MENTIONG HIS NAME ALSO.NOW THE VENDOR IS DEMANDG FOR HIS CIM SCE TDS SHOULD NOT HAVE BEEN DEDUCTED.WHAT ARE THE POSSIBLE ALTERNATIVES TO GIVE HIM HIS CIM. ' BY: NIHAR KOTRU No answers yet View Answers | Post Answers |
| 2127 |
Mar. 21 2006 |
TDS –
(DIRECT TAXES)
An amount of Rs.6 crores was given as a loan to subsidiary co. by the holdg co.Subsidiary co. is payg terst on such loan.Whether ter is deductible on such ter? ' BY: P.Jaya Lakshmi No answers yet View Answers | Post Answers |
| 2129 |
Mar. 21 2006 |
Rights of Branch Auditor to visit Head Office. –
(AUDIT)
A firm has been appoted as branch auditor of a bank which a rge advance account is mataed.However the documents of that account is beg mataed at the Head Office level.So Please advise whether the branch auditor has right to visit H.O and check the documents or the branch auditor can simply comment its report to the Statutory Central Auditor that the dcuments are beg mataed at H.O, so we are unable to express our comments that advance account. ' BY: Anil Patro No answers yet View Answers | Post Answers |
| 2130 |
Mar. 21 2006 |
Minimum period for write back –
(CORPORATE & OTHER LAWS)
Can anyone let me know what is the mimum period for ention of liability books dia? This is to decide on the period after which liability can be written back. Mangal ' BY: Mangal Kabra No answers yet View Answers | Post Answers |
| 2134 |
Mar. 21 2006 |
Do Payment of touring exp.to the partner for official tours fall within ambit of FBT provisions? –
(DIRECT TAXES)
Hi collegues , My quion is this whether the abovementioned payments will fall with the ambit of FBT. ' BY: inder No answers yet View Answers | Post Answers |
| 2137 |
Mar. 21 2006 |
Annexures to Form no. 16 –
(DIRECT TAXES)
Whether the employer,drawg officer has to issue, alongwith form no. 16, a sary certificate and all other statements and certificates that are necessary and help the employee computg his come from sary properly. If such annexures to form no. 16 are not issued can the employee-assessee approach the Assessg Officer or any other authority. Please enlighten. Thank you. ' BY: Atulkumar Venilal Varaiya No answers yet View Answers | Post Answers |
| 2144 |
Mar. 21 2006 |
disallowance of expenses –
(DIRECT TAXES)
please send the case ws regardg... CAR SURANCE CANNOT BE DISALLOWED OR DRIVERS SARY CANNOT BE DISALLOWED. ' BY: NITIN SINGH No answers yet View Answers | Post Answers |
| 2113 |
Mar. 20 2006 |
LEASE RENT ON LETTING OUT OF PICTURE HALL WHETHER BUSINESS INCOME OR INCOME FROM HOUSE PROPERTY –
(DIRECT TAXES)
A Cema Hall due to adverse condition of the Entertament dustry,removed the sheet of Picture hall and rented out it to the someone for exhibition on daily rental basis,the rent cludes the electricity and nance of hall.The assessee urned the come from it bunder the head come from busess,but the Assessg officer assessed the come under the head come from House Property.Please advice us with the Case ws ed to it to prove the come under the head come from Busess. ' BY: PRAVIN KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 2117 |
Mar. 20 2006 |
Withholding tax on fees payable to lead managers to FCCB issue –
(DIRECT TAXES)
An dian Company has issued FCCB. Whether tax needs to be withheld on fees payable to foreign lead managers (ie foreign Company) to FCCB issue? ' BY: CA No answers yet View Answers | Post Answers |
| 2121 |
Mar. 20 2006 |
Applicability of service tax –
(INDIRECT TAXES)
ABC has been entered to agreemnet with XYZ to use the part of property of ABC as godown, parkg area, security service and ABC is liable for providg service of nance & repair of above property, payment to security agency and charged a lumpsum amount of Rs. 1,00,000,- for use of godown, parkg area, security service and mat. service. whether service tax is applicable under the category of mat. & repair service and security service or under any other category of serivce or not. If applicable then whether on an gross amount is taxable or any rebate is avaible on such type of agreement. ' BY: VISHAL BHATIA No answers yet View Answers | Post Answers |
| 2124 |
Mar. 20 2006 |
Bank audit –
(AUDIT)
Sir, with respect to the NPA norms to Crop loans, how crop season is to be found out? NPA norms to cssify crop loans is applicable to other agri loans ( like loan to tractor Etc) mentioned annexure II to Master circur on prudential norms.... dated 01-07-2005. Geo Job FCA DISA(ICA) Thrissur, Kera ' BY: geo job No answers yet View Answers | Post Answers |
| 2107 |
Mar. 19 2006 |
Bank Audit –
(AUDIT)
Bank Audit Unique Code No 010794? ' BY: NEERAV DOSHI No answers yet View Answers | Post Answers |
| 2109 |
Mar. 19 2006 |
NPA status of restructured loans –
(AUDIT)
Can an advance which is cssified as NPA doubtful catagory be rescheduled? If so what should be the the upgradation norms? Can an advance which does not volve commercial production be rructured? Geo Job FCA DISA (ICA) Thrissur geojob@sancharnet. Mob:98950 34820 ' BY: geo job No answers yet View Answers | Post Answers |
| 2095 |
Mar. 18 2006 |
FBT –
(DIRECT TAXES)
A company has made a Deposit FD for payment of litigation expenses of FBT (like sales promotion)now what is journal entry at the end of 31.03.2006 conrg AS and IT ACT,whether we can book above expense or it is a contigent liability ' BY: SURENDRA No answers yet View Answers | Post Answers |
| 2097 |
Mar. 18 2006 |
Acceptance of Bank Audit –
(AUDIT)
acceptance letter for Statutory Branch,Central Audit of Banks, there is a cuse reproduced below We also confirm that there has been no change the constitution of the audit firm sce 1st January 2005. What is to be decred under it ? whether change of all partners came and went out durg this period to be shown or only change from partnership to proprietoship or vice versa to be shown ? Please advice. ' BY: Jitendra Agarwal No answers yet View Answers | Post Answers |
| 2083 |
Mar. 17 2006 |
80GG –
(DIRECT TAXES)
Dear Colleagues, The vments made under section 80C chapter VI-A (LIC, PF etc.,) will it be taken to conration (i.e.deducted from gross total come)for the defition of Adjusted total ocme? and the amount received as leave enchashment at the time of resignation,removal of service will it be taxable? Please crify, with regards from ashok ' BY: B.Ashok No answers yet View Answers | Post Answers |
| 2085 |
Mar. 17 2006 |
CIT Appeal Fees –
(DIRECT TAXES)
the A.Y 2004-05 Assessees Normal come from Busess & Profession of Rs. 6090 and come as per 115JB is Rs.2,84,084 and assessee has paid the tax liability as per 115JB. (ITO has given the rejection letter u,s 154 and conr come of Rs.2,84,084 as come from normal busess and profession) the above case for the CIT appeal fees which come to be conr as assess come ? ' BY: R C Jain No answers yet View Answers | Post Answers |
| 2091 |
Mar. 17 2006 |
Applicability of Medical reimbursment in FBT –
(DIRECT TAXES)
If co. reimbursed Rs. 16000,- to employee towards medical reimbursement.Excess of Rs. 10,- is liable the hand of employee. pls let me know about apllicability of FBT to company of reimbursement of Rs. 16000,-.whether only Rs. 1000,- is take to account for FBT or whole Rs. 16000,- ' BY: Matulya No answers yet View Answers | Post Answers |
| 2092 |
Mar. 17 2006 |
Taxability in the case of joint venture project –
(DIRECT TAXES)
one person have the nd admeasurg 100000 sq feet entered with other person for development as a jot venture on certa terms and conditions the sharg of pro fit w ill be 50 % of each. How the profit will be taxable either the hands of firm or the hand of dividuals. further if it is a jot venture then what will be the tds implications . ' BY: SWAROOP No answers yet View Answers | Post Answers |
