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 >>5983 unanswered question(s) — Showing 5481–5500
| Que. Id | Date | Description |
|---|---|---|
| 1812 |
Feb. 24 2006 |
Incorporation of 100% Forign Subsidiary (Pvt Co.) –
(CORPORATE & OTHER LAWS)
A private limited company is to be corporated promoted by a foreign Co. along with 100% FDI commg through Automatic Route under FEMA guideles. All the directors of the subsidiary company will be foreign personnals. My Query is what are the legal requirements to be fulfilled to get the subsidiary company corporated dia and what documents need to be filed for the pupose? Is there any checklist for this? ' BY: Namita No answers yet View Answers | Post Answers |
| 1817 |
Feb. 24 2006 |
deduction u/s 80(P)2(a)i. –
(DIRECT TAXES)
whether ter come, earned by a co-operative bank on its voluntary vments& SLR & CRR vments, is elegible for dedction u,s 80P2(a)i ' BY: santaram nidadavolu No answers yet View Answers | Post Answers |
| 1796 |
Feb. 23 2006 |
what to expect from the budget from steel industrys point of view and reaction to the same –
(MISC.)
hi, i m workg a steel co., i would like to know what should be the expectation of the steel dustry conrg the growth of GDP has been 7 to 8 percentage over the st few years. what the budget might have for this sector the upcomg days so that that the expectation from this sector can be meet. ' BY: amit agarwalla No answers yet View Answers | Post Answers |
| 1800 |
Feb. 23 2006 |
Service tax received from customers on nontaxable items without claims –
(INDIRECT TAXES)
One of my client organisation received service tax from their customers for an non taxable items with out makg the cim. Is it possible for my client to refund the service tax to the customers. or should they have to remit it to the government. Suppose this case if my client remit it to the government is it necessary to clude ST 3 urn which my client filg for some other taxable items.?Please advise ' BY: Aravindakshan No answers yet View Answers | Post Answers |
| 1806 |
Feb. 23 2006 |
Property acquired by the illegeal –
(DIRECT TAXES)
Q . The Assessee is not havg the legal right to acquired the property and the same property has given to the builders and the builder has given the new property as exchange of the property . 1) what will be the tax treatment ? 2) The Builder can acquired this property ? 3) or any other liability can arise . ? Please advise. ' BY: R.C. Jain No answers yet View Answers | Post Answers |
| 1794 |
Feb. 22 2006 |
Loan in foreign currency to be written off –
(CORPORATE & OTHER LAWS)
Respected Sirs, If any renthas given a loan foreign currency to any non rent and if the borrower is not a position to repay the same and the loan given needs to be written off then what course of action is to be taken under FEMA Act,Regutions. Please crify the matter on priority basis as the matter is urgent. plz mention the relevent regutions also. Regards ' BY: Dushyant Chouhan No answers yet View Answers | Post Answers |
| 1797 |
Feb. 22 2006 |
1978 –
(AUDIT)
Thank you Mr. Kanti, It is a company, where jot auditor is appoted. ' BY: Mihir Hindocha No answers yet View Answers | Post Answers |
| 1781 |
Feb. 22 2006 |
Notice u/s 143(2) and u/s 148 –
(DIRECT TAXES)
The AO has issued notice u,s 148. Then a notice u,s 143(2) was issued supersedg the notice u,s 148. The notice u,s 143(2) is time barred and hence not valid. The AO voked sec 148 aga and proceeded with that by askg details. No fresh notice was issued but only a letter askg details. Is this correct? Any case w on this issue. plesae quote ITR reference. ' BY: K George Philip No answers yet View Answers | Post Answers |
| 1782 |
Feb. 22 2006 |
Taxability on conversion of bonds issued by UTI –
(DIRECT TAXES)
Hello members. UTI has converted the units uder Childres Growth Fund issued 1986 to 6.660% Tax Free ARS Bonds 2004. THe ga on such conversion is Rs 36000. Is the amount taxable? IF so, then can dexation be taken? Please guide ' BY: Amit Sharma No answers yet View Answers | Post Answers |
| 1785 |
Feb. 22 2006 |
Articles Stipend Rates –
(COUNCIL DECISION)
I will like to know current rates of stipend for articles ' BY: KIRAN PANDITRAO LAHARE No answers yet View Answers | Post Answers |
| 1786 |
Feb. 22 2006 |
whether noc is required to be obtained from current auditor, if a ca firm is appointed as joint auditor with current auditor –
(AUDIT)
whether noc is required to be obtaed from current auditor, if a ca firm is appoted as jot auditor with current auditor ' BY: Mihir Hindocha No answers yet View Answers | Post Answers |
| 1791 |
Feb. 22 2006 |
service tax –
(INDIRECT TAXES)
a person carrg on tution has gross tution come of rs.401000\- first year and he has no collected service tax with anticipation that his come will not exceed rs.400000\-. that case how much service tax he has to pay? ' BY: ramesh pujara No answers yet View Answers | Post Answers |
| 1763 |
Feb. 21 2006 |
Section 80 C dedeuction from Long Term Capital Gain –
(DIRECT TAXES)
Whether Section 80 C deduction is avaible for Long Term Capital Ga for the A.Y. 2006-07. Suppose a senior citozen is havg the followg come durg the P.Y. 2005-06: come from pension Rs. 1,50,000 Long term capital Ga on sale of House property Rs. 1,00,000 vment PPF Rs. 70,000 What will be the tax liability? ' BY: Abhishek Gupta No answers yet View Answers | Post Answers |
| 1769 |
Feb. 21 2006 |
Taxability of Lon Term Capital Gain –
(DIRECT TAXES)
Hello members, I have a queryMy assessee earned LTCG October 2004 on sale of certa shares. Now the broker did not charge STT on the same. MY quion is, is the assessee liable to LTCG tax? Also if yes, then can the assessee take either 20% (with dexation) or 10% rate, whichever is beneficial to him? Please guide. ' BY: Amit Sharma No answers yet View Answers | Post Answers |
| 1771 |
Feb. 21 2006 |
Audit under Derivatives –
(AUDIT)
My client is dog tradg derivatives on a recognized stock exchane through a broker. But the turnover excedds Rs.40 cs. Pls crify whether Audit is compulsory this case and if yes how will audit be conducted. ' BY: Manish Aggarwal No answers yet View Answers | Post Answers |
| 1773 |
Feb. 21 2006 |
Duty Drawback of excise duties paid on purchase of local goods - process scrap –
(INDIRECT TAXES)
Dear Sir,Madam, My querry es to Duty drawback of excise duties paid on purchases of puts from local manufactuerers under brand rate method As we know drawback can be cimed respect of customs duties paid on puts under customs Act under section 75 read with Customs and Excise Duty drawback Rules, 1995. As far as excise duties are concerned I have the followg querries case of exporter who manufactures exported goods usg all local goods on which excise duties are paid at the purchase pot can he cim drawback respect of such duties? If there is a process scrap durg manufacture what is the extent of duty drawback one can cim? does w provide for this kd of situation. Can one file a sgle application for fixation of brand rate for series of Shippg bills filed durg a particur month? I requ the learned members to throw some light on the above issues g to drawback Thankg you Sunil ' BY: Sunil Kumar Jain No answers yet View Answers | Post Answers |
| 1745 |
Feb. 20 2006 |
credit of service tax on input services in case of abatement option –
(INDIRECT TAXES)
whether credit of Service tax paid on put services is avaible if the assesse is optg for abatement option Example :outdoor caterer payg service tax only on 50% of gross amount charged. As per conditions for availg abatement, one condition is that assessee cannot avail credit of duty paid on puts or capital goods. As per p readg it is understood that service tax credit for put services can be availed. please advice. Thank You ' BY: BHAVIN KAPADIA No answers yet View Answers | Post Answers |
| 1747 |
Feb. 20 2006 |
service tax –
(INDIRECT TAXES)
Does staltion of lifts attract service tax? Recently there has been a supreme court decision (Kone elevators )that Sellg of lifts is to be treated as goods and not works contract as stalltion is only cidental to the sale of lift. view of this is there any service tax on sale of lifts.? Is sales tax says that there is no staltion then i hope there is no service tax on supply of lifts! kdly crify. regards raghu ' BY: raghu No answers yet View Answers | Post Answers |
| 1730 |
Feb. 18 2006 |
SERVICE TAX ON PREPARING ANNUAL REPORT –
(CORPORATE & OTHER LAWS)
ONE OF MY CLIENT IS PRPARG ANNUAL REPORT FOR ITS VARIOUS CORPORATE CLIENTS. I SERVICE TAX IS APPLICABLE? IF YES, UNDER WHICH CATEGORY?. IF HE GET THE WORK DONE BY SOME OTHER PERSONS WHAT IS THE SITUATION? i.e. APPLICABLITY O SERVICE TAX THE HANDS OF MY CLIENT AND THE HANDS OF THE PERSONS FRM WHOM HE IS GETTG THE ANNUAL REPORT PREPARED? ' BY: SANTOSH KUMAR MOHTA No answers yet View Answers | Post Answers |
| 1732 |
Feb. 18 2006 |
TDS on Service Tax –
(INDIRECT TAXES)
is TDS applicable on gross amount of bill i.e. bill amount + service tax thereon. or is it applicable only on net bill amount exclusive of service tax ' BY: Tilak Minocha No answers yet View Answers | Post Answers |
